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☆ Seeking nominations for the 2024 rising stars of adtech
▼ + stars: | 2024-03-01 | by ( Lauren Johnson | ) www.businessinsider.com time to read: +2 min

Business Insider is compiling its annual list of rising stars transforming how digital ads are bought and sold. We're looking for up-and-comers specializing in adtech at adtech firms, brands, agencies, and publishers. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementWe're seeking nominations for Business Insider's third annual list showcasing the rising stars of advertising tech, and we want to hear from you. Criteria and methodologyThe list will profile talent at adtech companies, as well as adtech specialists at ad agencies, publishers, retailers, and platforms.

Persons: — Organizations: Service, Business

The new missionDeveloping and scaling this cookie replacement has become the new mission for The Trade Desk, one of adtech's greatest independent success stories. While many other adtech companies offered this service, The Trade Desk over the years proved it could do it better. The Trade DeskWith cookies disappearing, The Trade Desk is approaching its first big test. These deals are typically cut with major advertising agency holding companies and don't usually include adtech platforms like The Trade Desk. "These next 12 months for The Trade Desk are going to be difficult and not the experience that you're used to," this person said.

Persons: Jeff Green, Andrew Casale, Brian Wieser, Samantha Jacobs, hasn't, There's, Tom Triscari, It's, they're, Greg Doherty, Jeff, Green, Criteo, Megan Clarken, Dan Salmon, they've Organizations: Trade, Universal, Google, Business, Exchange, Company, BI, Disney, The Washington Post, Yahoo, Wall Street, Projects, CTV, CBS, The, Arete Research, Intelligence, Variety, Street Research

Reddit is seeking a valuation of up to $6.5 billion in its upcoming IPO, according to a person familiar with the matter. The Wall Street Journal was first to report on the expected range and valuation. Employees will be allowed to sell Reddit stock during the offering, the source added. Reddit had a private market valuation of $10 billion when it last raised a funding round of $1.3 billion in 2021, according to PitchBook. Reddit's IPO will represent the first major tech offering of the year and the first social media IPO since Pinterest's Wall Street debut in 2019.

Persons: Reddit, Sam Altman's, he'd, Altman, Condé Nast, Alexis Ohanian, Steve Huffman, Airbnb, OpenAI's, John Tuttle Organizations: New York Stock Exchange, Tencent, Advance Magazine Publishers, Securities and Exchange Commission, Google, Reddit Locations: Los Angeles , California, Reddit

☆ Check out the 12-slide pitch deck adtech company Vibe used to raise $22.5 million to build 'the Google Ads of streaming TV'
▼ + stars: | 2024-02-29 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +3 min

Founded in France in 2021, Vibe offers a self-service ad platform that aims to make it super-easy for smaller companies to get their ads next to premium TV content. Vibe was carved out from KMTX, which sold to fellow adtech firm Seedtag in 2022 for an undisclosed sum. "We said, OK, let's just build the Google Ads of TV," Querou told Business Insider. "The ad platform for SMBs on broadcasting and streaming TV is difficult to cover because it requires a lot of manpower to be able to address all these SMBs," Kamber said. Check out a redacted version of the pitch deck that helped Vibe nab $22.5 million in Series A funding from Singular, Elaia Partners, Sequoia's Scout fund, Motier, and other individual investors.

Persons: Vibe's cofounders Franck Tetzlaff, Arthur Querou, Querou, Vibe, It's, Raffi Kamber, Kamber Organizations: Vibe, Business, Google, Vibe's, Vibe nab, Elaia Partners, Sequoia's Locations: France, KMTX, Seedtag, adtech

☆ Publishing Pledged to Diversify. Change Has Been Slow.
▼ + stars: | 2024-02-28 | by ( Alexandra Alter | Elizabeth A. Harris | ) www.nytimes.com time to read: 1 min

More than three years after nationwide protests over racial inequality led publishers to promise they would reshape their overwhelmingly white industry, a survey showed they made little progress toward creating a more diverse publishing work force. White workers made up 72.5 percent of the book business in 2023, according to a new report from the publishing house Lee & Low. That marks a slight decrease from 2019, when the survey found that white people accounted for 76 percent of publishing industry employees. These changes are hardly the transformation many hoped for, and are likely to ignite debate about whether publishing companies have faltered in their pledge to prioritize racial diversity. The slow pace of progress reflects what many in the book world say are entrenched structural and cultural problems.

Persons: Lee

☆ Google hit with $2.3 billion lawsuit by Axel Springer, other media groups
▼ + stars: | 2024-02-28 | by ( ) www.cnbc.com time to read: +2 min

The Google corporate logo hangs outside the Google Germany offices on August 31, 2021 in Berlin, Germany. Alphabet 's Google was hit with a 2.1-billion-euro ($2.3 billion) lawsuit by 32 media groups including Axel Springer and Schibsted on Wednesday, alleging that they had suffered losses due to the company's practices in digital advertising. "Without Google's abuse of its dominant position, the media companies would have received significantly higher revenues from advertising and paid lower fees for ad tech services. Crucially, these funds could have been reinvested into strengthening the European media landscape," the lawyers said. Others in the group include Austria's Krone, Belgian groups DPG Media and Mediahuis, Denmark's TV2 Danmark A/S, Finland's Sanoma, Poland's Agora, Spain's Prensa Iberica and Switzerland's Ringier.

Persons: Axel Springer, Schibsted, Stek, Big, Austria's, Finland's Organizations: Google, Geradin Partners, Publishers, DPG Media, Denmark's TV2, Spain's Prensa Locations: Berlin, Germany, Austria, Belgium, Bulgaria, Czech Republic, Denmark, Finland, Hungary, Luxembourg, Netherlands, Norway, Poland, Spain, Sweden, Europe, Austria's Krone

☆ Why readers are falling for romantasy stories
▼ + stars: | 2024-02-28 | by ( Scottie Andrew | ) edition.cnn.com time to read: +13 min

But when it comes to the literary flavor that’s dominating readers’ attention in 2024, it’s clear: “Romantasy” reigns supreme. When romantasy protagonists (such as dragon-riders, fairies and fallen angels) aren’t busy saving their worlds, they’re falling deeply in love — often with someone they formerly considered an adversary (the “enemies-to-lovers” trope does big numbers with romantasy readers). Romantasy is breaking through among readers who previously didn’t browse the fantasy aisle — and delighting readers who’ve loved it for years. We talk to authors, experts, longtime fans and recent converts about why readers are flocking to romantasy stories, in which treacherous quests are punctuated by steamy trysts. It’s what bookseller and romantasy fan Gideon Ariel calls “Swiss Army lit” — a subgenre that all readers can enjoy, from longtime fantasy nerds to newcomers.

Persons: Romantasy, aren’t, —, ”, Sarah J, Maas, Rebecca Yarros ’, who’ve, steamy trysts, Taylor Su, CNN Romantasy, Frankie Diane Mallis, Yarros ’, Violet Sorrengail, Gideon Ariel, “, Ariel, romantasy, Diana Gabaldon, Nalini Singh, who’s, couldn’t, Stephanie Meyer’s, ’, Jennifer L, Armentrout, Mallis, TikTok, Patti McConville, I’ve, Gemma Todd, Jayashree Kamblé, ” Kamblé, ” Ariel, Beth Gabriel, ” Mallis, Yarros, Todd, “ Harry Potter ”, ” Todd, Gabriel, She’s, Tracy Deonn, ” Sarah J, ” Rebecca Yarros, ” Travis, ” Silvia Moreno, Garcia, ” Scarlett St, Clair, ” Jennifer L, Ash, ” Rebecca Ross, ” Tracy Deonn, ” Frankie Diane Mallis, ” Nalini Singh Organizations: CNN, New York Times, Arcadia University, Army, Guardian, Bloomsbury, LaGuardia Community College, International Association for, Milwaukee Public Library Locations: bibliophiles, Madison , Wisconsin, Milwaukee, Crescent, Yarros, Wisconsin

"Normal people do not use OpenAI's products in this way," OpenAI wrote in the filing. The news outlet's lawsuit, filed in December, seeks to hold Microsoft and OpenAI accountable for billions of dollars in damages. In the past, OpenAI has said it's "impossible" to train top AI models without copyrighted works. "We expect our ongoing negotiations with others to yield additional partnerships soon," OpenAI wrote in the filing. But in the filing, OpenAI says the content is vital to training today's AI models.

Persons: Sam Altman, OpenAI, Altman, Axel Springer, — CNBC's Ryan Browne Organizations: Economic, The New York Times, New York Times, Microsoft, House, Times, Bloomberg, CNN, Fox Corp, CNBC PRO Locations: Davos, Switzerland, Manhattan

Here are the key takeaways from the courtroom:How far does the First Amendment reach when it comes to social media? Online platforms engage in censorship when they silence certain users’ speech, the states argued to the court. In fact, the tech industry argued, government requirements that social media not moderate content would violate the platforms’ own First Amendment freedoms from government meddling. Section 230 features prominently in argumentsOne question kept coming up during the arguments, just as it has in lower courts: What these state laws could mean for Americans’ overall ability to sue social media companies over content moderation. The state laws explicitly allow users to sue tech platforms for alleged censorship.

Persons: Donald Trump, Samuel Alito, Biden, ” Alito, Brett Kavanaugh, ’, ” Kavanaugh, Elena Kagan, Elon Musk, ” Kagan, –, – that’s, Kagan, Uber, you’re, Amy Coney Barrett, ” Organizations: CNN, Meta, ”, X, Elon, YouTube, Communications Locations: Texas, Florida

☆ US Supreme Court prepares to hear landmark social media cases
▼ + stars: | 2024-02-25 | by ( Brian Fung | ) edition.cnn.com time to read: +8 min

Monday’s Supreme Court showdown in NetChoice v. Paxton and Moody v. NetChoice will determine whether states can forbid social media companies from blocking or removing user content that goes against platform rules. The Florida and Texas laws are broadly written, but officials from both states say the laws will keep social media sites from unfairly silencing conservatives. Social media platforms have insisted for years that they don’t discriminate against right-wing speech. It also allows individual social media users to sue platforms if they believe they have been unfairly censored or “deplatformed.”Florida Gov. The NetChoice cases reflect a deep divide in how many people see social media.

Persons: Paxton, Moody, Ron DeSantis, Florida’s, Carl Juste, Greg Abbott, Donald Trump, Biden, David Paul Morris, “, ”, ” David Greene Organizations: Washington CNN, Facebook, YouTube, Social, Gov, Florida Gov, Miami Herald, Texas ’, Circuit, Republican, Texas, Bloomberg, Getty, Frontier Foundation, EFF, CNN, Freedom, Press Locations: Texas, Florida, . Texas, NetChoice, Miami, Walnut Creek , California

☆ Does your dog need a coat?
▼ + stars: | 2024-02-24 | by ( Alicia Wallace | ) edition.cnn.com time to read: +11 min

But all this begs the question: Does your dog need a coat? From high-fashion to high-performanceThere’s evidence of dog fashion and clothing throughout history — from the ancient Egyptians and 19th-century Paris dog boutiques to early 20th-century photographs of dogs wearing clothes. Prada's Re-Nylon puffer dog coat with hood comes in two colors and three sizes, $825 From PradaBut the transition from Fifth Avenue high-end and high fashion to high-performance and technical function has certainly accelerated in recent decades. Doberman Pinschers — along with sleek breeds like Greyhounds and Whippets — are prime candidates for dog coats because of their short hair, thin skin and minimal body fat. “Make sure the coat fits well for safety and they’re supervised while wearing the coat.

Persons: Jerry Klein, Klein, Godiva, Jessica Rinaldi, I’m, ”, Alan Fausel, Enoch Frères, ” Fausel, Tiffany, Bruiser Woods, ” Frank, “ Frasier, Prada, Gucci, Prada's, Peter Kearns, Batman, Robyn Baldrey, Joe Hafner, Voyagers, ” Hafner, That’s, ” Coats, Jackie Moord, Mark Makela, Nicole Wheatley, Shanoa, ’ ” Wheatley, MeadowCat, Wheatley, Minnesota’s Northwoods, Drogo, Lois Katchur, Richter, Whippets, Leon, Sypha, ” Wheatley, Jennifer Bruns, Kent Nishimura, ” Bruns, they’re Organizations: Minnesota CNN —, American Kennel Club, CNN, Boston, Boston Globe, AKC Museum, Prada, Fifth, American Pet Products Association, “, Husky, PetSmart Veterinary Services, Los Angeles Times Locations: Anoka, Minnesota, Boston , Massachusetts, New York City, Paris, Seattle, Bend , Oregon, Santa Monica, It’s, Tacoma , Washington, Ada , Michigan, Rehoboth Beach , Delaware, Anoka , Minnesota, Minnesota’s, Muncy , Pennsylvania, Washington , DC

☆ Generative AI startup Latimer, known as the 'BlackGPT', will launch a new bias detection tool and API
▼ + stars: | 2024-02-23 | by ( Monica Melton | ) www.businessinsider.com time to read: +4 min

The AI startup, named after inventor Lewis Howard Latimer and affectionately known as "The BlackGPT" is an answer to the bias, lack of cultural competency, and erasure found in popular AI tools like ChatGPT, says Latimer CEO and cofounder John Pasmore. Pasmore said the company has plans to launch about five more products specifically focused on bias detection. The move-fast, break-things energy in AI created an opportunity for Latimer, Pasmore said. This method is baked into Latimer's nascent suite of business offerings set to launch after the release of its API. He is confident that there is "a billion-dollar opportunity" to address bias in incumbent AI offerings for enterprises.

Persons: —, Latimer, Lewis Howard Latimer, John Pasmore, Pasmore, Molefi Kete Asante, Brown, it's Latimer, Esther Dyson Organizations: Service, Business, Black, Morgan State, TRS Capital, Syncom Venture Partners Locations: Swiss

☆ The hollowing out of Vice and BuzzFeed marks the end of the digital media revolution
▼ + stars: | 2024-02-23 | by ( Oliver Darcy | ) edition.cnn.com time to read: +5 min

New York CNN —The digital media revolution is over. Its two leaders, Vice Media and BuzzFeed , are in a frenetic retreat, surrendering much of their online empires as they try to protect what remains of their core assets. The demise of Vice Media as we know it is a particularly hard pill to swallow. Ahead of the announcement, the mood inside Vice Media was grim. Dixon said in his note that Vice Media had determined it was “no longer cost-effective” for the company to distribute its digital content on its own.

Persons: “, ”, they’re, I’m, Bruce Dixon, Benjamin Mullin, Dixon, Shane Smith Organizations: New York CNN, Vice Media, Media, Big Tech titans, Fortress Investment, Sports Locations: New York

☆ Vice to lay off hundreds of staffers, stop publishing content on its website
▼ + stars: | 2024-02-22 | by ( Oliver Darcy | ) edition.cnn.com time to read: +3 min

Ahead of the announcement Thursday, the mood inside Vice Media was grim. Vice Media, once a high-flying digital media startup valued at billions of dollars, has struggled immensely in recent years. The radical strategic shift announced by Dixon effectively marked the end of Vice Media as the industry has known it. Once held up as the future of the business, Vice Media has rapidly contracted over the last 12 months, ending several news programs and laying off staffers. Vice Media joins a long list of digital publishers that have announced painful layoffs in recent months.

Persons: Bruce Dixon, ” Dixon, Dixon, ”, Shane Smith, Nancy Dubuc, BuzzFeed Organizations: CNN —, Media, CNN, Vice Media, Fortress Investment Group, “ Locations: “

☆ Skull and Bones, Singapore's first major video game title, launches to mixed reviews after decade-long wait
▼ + stars: | 2024-02-21 | by ( Dylan Butts | ) www.cnbc.com time to read: +1 min

Justin Farren, Creative Director at Ubisoft Singapore, reveals "Skull & Bones" during the Ubisoft E3 conference at the Orpheum Theater on June 11, 2018 in Los Angeles, California. Ubisoft Singapore officially launched its first major video game, Skull And Bones, for the PlayStation 5, Xbox Series X/S, and PC on Friday, ending an unusually long development saga that spanned over a decade. Ubisoft Singapore received a grant from the Economic Development Board in 2016 to aid in the development of an "AAA" game title from the city-state. The "AAA" game classification refers to titles that are produced and distributed by large, well-known publishers that will typically have high development and marketing budgets. According to data collected by market research company YouGov in 2020, at least three-quarters of the population in Singapore plays video or mobile games, which jumps to 90% among those aged 18 to 24.

Persons: Justin Farren, Jean, Francois Vallee, CNBC's Organizations: Ubisoft Singapore, Ubisoft, Orpheum, PlayStation, Economic, AAA Locations: Los Angeles , California, AAA, Singapore

☆ BuzzFeed sells Complex Networks for less than half of what it paid and slashes 16% of staff
▼ + stars: | 2024-02-21 | by ( Oliver Darcy | ) edition.cnn.com time to read: +4 min

“This is also an opportunity to unlock greater value for the Complex brand by combining it with NTWRK’s expansive, commerce-driven business.”The uniting of NTWRK and Complex is, indeed, something of a natural marriage. NTWRK serves as a marketplace for many of the items that Complex covers, such as sneakers. BuzzFeed has been something of an avatar for such struggles among digital publishers. In April, BuzzFeed shut down BuzzFeed News, its award-winning news division that once boasted hundreds of employees and bureaus around the world. Reuters reported last week that The Independent is in talks to take control of the company’s UK operations.

Persons: BuzzFeed, Jonah Peretti, ”, Peretti, NTWRK, ” Peretti, Jimmy Iovine, Goldman Sachs, TikTok Organizations: New, New York CNN, Networks, Digital, New York Times, CNN, Reuters, ”, Universal Music Group, Main Street Advisors, Universal Locations: New York

☆ Julian Assange makes last-ditch attempt in UK court to avoid extradition to the US
▼ + stars: | 2024-02-20 | by ( Lauren Said-Moorhouse | Claudia Rebaza | ) edition.cnn.com time to read: +14 min

LEON NEAL/AFP/Getty Images Assange attends a seminar at the Swedish Trade Union Confederation in Stockholm on August 14, 2010. LEON NEAL/AFP/Getty Images Assange and his bodyguards are seen after a news conference in Geneva, Switzerland, in November 2010. FABRICE COFFRINI/AFP/Getty Images Assange, on the balcony of the Ecuadorian Embassy, holds up a United Nations report in February 2016. Carl Court/Getty Images Assange speaks to the media in May 2017, after Swedish prosecutors had dropped their investigation of rape allegations against Assange. Jack Taylor/Getty Images Assange was seen for the first time in months during a hearing via teleconference in Quito, Ecuador, in October 2018.

Persons: London CNN — Julian Assange’s, Priti Patel, Assange, Julian Assange, Jack Taylor, LEON NEAL, BERTIL ERICSON, FABRICE COFFRINI, Carl Court, Geoff Caddick, Oli Scarff, CARL COURT, Leon Neal, Philip Toscano, Ricardo Patino, Frank Augstein, David Paul Morris, John Stillwell, Mike, Pompeo, Maria Sol Borja, Chelsea Manning, Alastair Grant, Daniel Leal, Elizabeth Cook, Assange’s, Edward Fitzgerald, ”, “, ” Fitzgerald, Fitzgerald, Assange “, ” Mark Summers, Stella, Julia Hall, Rebecca Vincent, ” Vincent, Nick Vamos, “ It’s, Vamos Organizations: London CNN, WikiLeaks, European, of Human Rights, Ecuadorian, Guardian, Getty, Swedish Trade Union Confederation, St, Paul's, Court, British, Ecuadorian Embassy, Oxford Union Society, Ecuadorian Foreign, Southwest Festival, Bloomberg, United Nations Human Rights, United, United Nations, CIA, CNN, Army, Ecuador, Southwark Crown, Metropolitan Police, US Justice Department, Eastern, of, Department, US, UK’s, Media, Foreign Press Association, Amnesty, International Campaigns, US Espionage, Peters & Peters, Prosecution Service Locations: United States, British, Belmarsh, Queensland, Australia, Westminster, London, Afghanistan, AFP, Stockholm, Iraq, Geneva, Switzerland, Sweden, Ecuador, Austin , Texas, Ecuadorian, United Nations, United Kingdom, Quito, Southwark, America, of Virginia, Guantanamo, Australian, Europe, UK’s

☆ Nintendo shares fall nearly 6% after report that the Switch 2 will be delayed until 2025
▼ + stars: | 2024-02-19 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +1 min

A statue of Nintendo's video game character Mario stands on display at the Nintendo Game Front showroom in Tokyo, Japan. Bloomberg reported on Saturday that Nintendo had told game publishers that the Switch 2 would be delayed until the early months of 2025, citing people with knowledge of the matter. Shares of Nintendo fell on Monday after a report suggested the launch of the Switch 2, the next version of its flagship gaming console, would be delayed. Nintendo was targeting a release of the console toward the end of this year, but told game makers it could slip into next year, the report said. Analysts who spoke to CNBC earlier this year also said they expected a new Switch console to be launched in the second half of this year.

Persons: Mario Organizations: Nintendo, Bloomberg, CNBC, Analysts, Mario Bros Locations: Tokyo, Japan

☆ Google 'missed an opportunity' to solve cookieless advertising, says The Trade Desk CEO
▼ + stars: | 2024-02-16 | by ( Lauren Johnson | ) www.businessinsider.com time to read: +4 min

Read previewThe Trade Desk CEO and founder Jeff Green thinks that Google missed its chance to build an advertising product that works without using third-party cookies. To replace cookies, Google is pushing marketers to test cookieless ads with its own set of technologies called Privacy Sandbox. The Trade Desk wields significant influence in the digital ad industry, and Google is the company’s biggest competitor. AdvertisementHowever, The Trade Desk also sells some ad tools for publishers, which some experts say replicates Google's sprawling suite of ad products. The Trade Desk reported $1.95 billion in 2023 revenue, a 23% year-over-year growth.

Persons: —, Jeff Green, Green, ”, we’ve, “, ” Green Organizations: Service, Google, Business, Trade

LONDON (AP) — Go into many bookstores, and the nonfiction shelves will be dominated by men. The Women’s Prize for Nonfiction hopes to change that. An offshoot of the 28-year-old Women’s Prize for Fiction, whose past winners include Zadie Smith, Tayari Jones and Barbara Kingsolver, the new prize is open to female English-language writers from any country in any nonfiction genre. Lipscomb noted that in 2022, only 26.5% of nonfiction books reviewed in Britain’s newspapers were by women, and male writers dominated established nonfiction writing prizes. Authors from the United States, Australia, Canada, India, Jamaica, the Philippines and the U.K. are on the prize longlist, chosen from 120 books submitted by publishers.

Persons: ”, Suzannah Lipscomb, Zadie Smith, Tayari Jones, Barbara Kingsolver, Lipscomb, Mary Ann Sieghart, Naomi Klein ’, “, Patricia Evangelista’s “, Bohannon’s, Alice Albinia’s “, Leah Redmond, Anna Funder’s “ Organizations: Nielsen, Research, Queens, ” Locations: United States, Australia, Canada, India, Jamaica, Philippines, London

☆ Instagram and Threads will no longer promote ‘political’ content. No one knows what they define as ‘political’
▼ + stars: | 2024-02-15 | by ( Oliver Darcy | ) edition.cnn.com time to read: +6 min

New York CNN —What constitutes “political” content? “Our goal is to preserve the ability for people to choose to interact with political content, while respecting each person’s appetite for it,” Mosseri explained. “Meta seems unable to define ‘political’ content,” Charlie Warzel, a staff writer at The Atlantic who covers the intersection of technology, politics, and culture, told me. According to Meta’s Ad Library, the company has raked in more than $4 billion in political and social issues ad spending since 2018. It’s not just limited to social issues.

Persons: Meta, Mark Zuckerberg, Adam Mosseri, ” Mosseri, Elon Musk’s, “, ” Judd Legum, ”, Mark Cuban, Charlie Warzel, Mosseri, ” Parker Malloy, It’s, Taylor, Jimmy Kimmel, Warzel Organizations: New York CNN, Popular Information, Washington , D.C, Meta, Meta’s Ad Locations: New York, Washington ,

☆ 3 ways buying Vizio would send Walmart's ad business surging and put Amazon on notice
▼ + stars: | 2024-02-15 | by ( Ryan Joe | Lauren Johnson | ) www.businessinsider.com time to read: +4 min

Walmart is reportedly in talks to buy TV manufacturer Vizio for over $2 billion , in an effort to bolster its ad business, according to The Wall Street Journal. Here are three ways Vizio would power-up Walmart's ad business and make it a much bigger competitor to Amazon, according to several ad industry experts. While Walmart buying Vizio would grow its ads business, it would also improve the margins for its current ad business, said Nikhil Raj, chief business officer of adtech company Moloco’s retail media business. The new inventory Walmart would inherit would let it tap TV and branding budgetsIf Walmart buys Vizio, it would inherit connected-TV ad inventory, which it doesn’t currently have. Most of Walmart’s retail media business comes from search ads , though it’s expanded that to include some display and video ads.

Persons: you’ve, there’s, ”, Nikhil Raj, Raj, Walmart.com, ” Raj, doesn’t, it’s, ” Forrester, Nikhil Lai, Eric Franchi, Eric Seufert, Mobile Dev Organizations: Walmart, Wall Street, Amazon, Business, Vizio, CTV, “ Walmart, Walmart Connect, Connect, VC, Mobile Locations: Vizio, Walmart.com, “

☆ Apple and Microsoft clinch key win as iMessage, Bing exempted from tough EU competition rules
▼ + stars: | 2024-02-13 | by ( Ryan Browne | ) www.cnbc.com time to read: +3 min

The decision is a win for Apple, whose iMessage service has long faced complaints from Android users due to incompatibilities. The EU's competition restrictions also won't apply to Microsoft's Bing and Edge browsers, as well as the Redmond tech giant's online advertising service, Microsoft Advertising. The Tuesday pronouncement does not mean that Apple and Microsoft themselves won't still be treated as gatekeepers under the EU rules. Late last year, the EU unveiled six designated gatekeeper that would be subject to its rules: Google, Amazon, Apple, Meta, Microsoft, and TikTok owner ByteDance. Apple recently opened up its App Store for third-party developers in Europe, which could threaten the iPhone giant's lucrative fees.

Persons: Microsoft's Bing, Meta's WhatsApp, ByteDance Organizations: European Commission, Apple, Facebook, Users, Redmond, Microsoft, CNBC, EU, EU Digital Markets, Meta Locations: Europe

☆ Why Reparations For Slavery Are Long Overdue - The New York Times
▼ + stars: | 2024-02-13 | by ( Maura Cheeks | ) www.nytimes.com time to read: +3 min

In my debut novel, a family retraces their lineage in order to be eligible for the nation’s first federal reparations program for Black Americans. The idea that the United States could ever collectively support a national reparations policy for Black people seemed, well, the stuff of fiction. Since then, reparations task forces and commissions have been created in California, Illinois, New York and Pennsylvania. To address systemic inequalities rooted in federal law, a federal reparations policy is required. I decided to write about reparations after researching the racial wealth gap, the statistics of which continue to paint a picture of widespread systemic failure.

Persons: Jim Crow Organizations: Black Americans, Consumer Finances, National Association of Realtors, White Americans, White Locations: Evanston, Ill, United States, California , Illinois, New York, Pennsylvania, State

LONDON (AP) — A British newspaper publisher has agreed to pay Prince Harry a “substantial” sum in costs and damages for invading his privacy with phone hacking and other illegal snooping, Harry’s lawyer said Friday. Judge Timothy Fancourt found that Harry’s phone was hacked “to a modest extent.”The settlement avoids a new trial over 115 more tabloid articles that Harry says were the product of hacking or other intrusions. He recently dropped a libel case against the publisher of the Mail after an unfavorable pretrial ruling. He ordered the publisher to pay “common costs” of a general case seeking to show wrongdoing by the company. Mirror Group Newspapers said it has paid more than 100 million pounds ($128 million) in other phone hacking lawsuits over the years, but denied wrongdoing in Harry’s case.

Persons: —, Prince Harry, David Sherborne, Harry, Judge Timothy Fancourt, Princess Diana, Meghan, “, ” Harry, Duke of Sussex, King Charles III, Harry’s, Fancourt, ”, Nikki Sanderson, Fiona Wightman, Paul Whitehouse, Michael Turner, Rupert Murdoch’s, Murdoch Organizations: Newspapers, Mirror Group, Daily, The Sun, Daily Mail, Mail, Group Locations: London, California, United States

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