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Yelp (YELP.N) and News/Media Alliance, which are not defendants in the litigation but are targets of Google's subpoenas, argue that law firm Paul, Weiss, Rifkind, Wharton & Garrison should be disqualified. A spokesperson for Paul Weiss said the "firm's representation of Google is appropriate in all respects." Yelp said it hired Paul Weiss in 2016 for counsel on antitrust issues. The Justice Department's antitrust head, Jonathan Kanter, was on the Paul Weiss team representing Yelp. New York-based Paul Weiss, which has about 1,000 lawyers globally, is also representing Amazon.com in various antitrust lawsuits.

Persons: Gonzalo Fuentes, Paul, Weiss, Garrison, Leonie Brinkema, Paul Weiss, Yelp, Jonathan Kanter, Charles Molster III, Brandon Kressin, Brinkema, Kanter, Mike Scarcella, Leigh Jones, Rami Ayyub Organizations: Google, Viva Technology, Porte de, REUTERS, Media Alliance, Yelp, U.S, Google LLC, Eastern, of, Thomson Locations: Porte, Paris, France, U.S, Rifkind, Wharton, New York, States, of Virginia

☆ Boards Still Lack Cybersecurity Expertise
▼ + stars: | 2023-09-25 | by ( James Rundle | ) www.wsj.com time to read: +4 min

Newsletter Sign-up WSJ Pro Cybersecurity Cybersecurity news, analysis and insights from WSJ's global team of reporters and editors. This includes people who sit on the boards of cyber companies or have an affiliation with a cybersecurity-related professional organization. Heath, a former security chief at United Airlines and tech provider DocuSign, sits on the boards of cyber companies Wiz and Gen Digital. Board work demands wide business experience that many security chiefs lack, said Myrna Soto, founder and chief executive of consulting firm Apogee Executive Advisors. Solving this problem will take effort from boards and cybersecurity professionals, said NightDragon’s DeWalt.

Persons: ”, Dave DeWalt, Emily Heath, Heath, “, Myrna Soto, Patrick T, Soto, NightDragon’s DeWalt, James Rundle Organizations: Delta Air Lines, United Airlines, Gen Digital, Wall Street, U.S . Securities, Exchange, Apogee, Fallon, Bloomberg, Directors, Spirit Airlines, Popular, TriNet Locations: U.S, NightDragon, cybersecurity, Heath

☆ Apple exec Eddy Cue is such a big sports fan that he has a grid of 9 TVs at home for watching games
▼ + stars: | 2023-09-23 | by ( Haley Tenore | ) www.businessinsider.com time to read: +3 min

Interestingly, Cue didn't mention Apple's upcoming Vision Pro headset in the interview. The Apple Vision Pro headset will be rolling out early next year, according to the company. AdvertisementAdvertisementWatching sports on the Vision Pro headset is like looking into the future. AppleIf you're interested in getting your own Vision Pro headset, Apple says they'll be available "early next year." Apple is also reportedly working on a cheaper version of the headset — the Apple Vision (sans Pro) — to make mixed-reality technology accessible to more people.

Persons: Eddy, he's, Cue's, Lionel Messi —, Messi, Rihanna, gesturing, Justin Sullivan, — Organizations: MLS, Service, Golden State Warriors, Apple, Major League Soccer, Apple TV's, Warriors, Twitter Locations: Wall, Silicon

A Google logo is seen at the Google offices in the Chelsea section of New York City, U.S., January 20, 2023. REUTERS/Shannon Stapleton//File Photo Acquire Licensing RightsCompanies Alphabet Inc FollowARLINGTON, Virginia Sept 15 (Reuters) - U.S. District Judge Leonie Brinkema on Friday declined to order a Justice Department official to stay out of the government's advertising antitrust lawsuit against Alphabet's (GOOGL.O) Google but said the department "should think about it." In November 2021, Google asked the Justice Department to consider requiring Jonathan Kanter, assistant attorney general in charge of antitrust, to recuse himself because of his work for a long list of Google critics. The Justice Department filed the advertising lawsuit in January in Arlington, Virginia, along with eight states, and nine other states joined in April. While Brinkema declined to order Kanter recused, she seemed skeptical during a court hearing that he should be involved and added that the Justice Department should "use some wisdom" in deciding what to do.

Persons: Shannon Stapleton, Leonie Brinkema, Jonathan Kanter, Brinkema, Kanter, David Shepardson, Diane Bartz, Timothy Gardner Organizations: REUTERS, Justice Department, Alphabet's, Google, D.C, Thomson Locations: Chelsea, New York City, U.S, ARLINGTON , Virginia, Arlington , Virginia, Washington, United States

☆ The Arm IPO is here, but many ETFs will not be buyers
▼ + stars: | 2023-09-14 | by ( Bob Pisani | ) www.cnbc.com time to read: +6 min

The Cupertino, Calif.-based company licenses its processorIPO and tech enthusiasts are excited about the Arm Holdings Plc initial pubic offering, and with good reason: it's the first big tech IPO in more than two years. However, some investors who would like to get immediate exposure to the Arm IPO through ETFs may be disappointed. However, this particular IPO highlights several difficulties that even large companies like Arm have in acquiring a broader ownership base through ETFs. The first problem is that Arm is not a U.S. company, it's British — which generally would exclude it from the S&P indexes. Potential ETF buyers: Nasdaq-100 ETF, IPO ETFsThere are some potential ETF buyers.

Persons: Matt Bartolini, Howard Silverblatt, Van Eck, Jan Van Eck, Todd Sohn, it's, Matt Kennedy, Nate Geraci, I'm Organizations: ARM Holdings, Arm Holdings, Nasdaq, Tech, ARM, P, SPDR Technology, SPDR, SPDR Americas Research, Street Global Advisors, Global, Renaissance, Van Eck Semiconductor, CNBC, Vanguard Total U.S, Renaissance Capital Locations: Cupertino, Calif, U.S, SPDR Americas

☆ Google reaches $93 million settlement in tracking location case
▼ + stars: | 2023-09-14 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +3 min

New York CNN —Google has reached a $93 million settlement with the state of California to resolve allegations that it was collecting consumers’ data without their consent, the state’s attorney general said in a statement Thursday. The state also said that Google factors in location in its “behavioral profile” of users. For example, the original complaint said that Google continued to collect and store location data even when users turned off the “location history” setting, just in different ways. As part of the settlement, Google would have to be more transparent about its location tracking and disclose to users that their location information could be used for targeted ads. The proposed order is subject to court approval, the state’s attorney general said.

Persons: Rob Bonta, we’ve, Bonta, Biden, John Schmidtlein Organizations: New, New York CNN, Google, California Department of Justice, DOJ Locations: New York, California, United States

☆ Google spends $10 billion a year to ensure it's your go-to online search engine, DOJ says
▼ + stars: | 2023-09-13 | by ( Tom Carter | ) www.businessinsider.com time to read: +2 min

DOJ lawyers say Google is using deals with the likes of Apple to preserve its dominance over search. Google denied this, and said that Google search is simply better than the competition. The internet giant is being sued by the DOJ in the biggest tech antitrust trial in 20 years. The DOJ's lawsuit, which was filed under the Trump administration in 2020, said that Google used anticompetitive methods to prevent others from challenging the dominance of Google Search. The suit asks the court to break up Google by ordering the search giant to sell key parts of its Ad Manager suite.

Persons: Kenneth Dintzer, Department's, Trump Organizations: Apple, Google, DOJ, Service, Department of Justice, Samsung, Mozilla, New York Times, AP, Justice Locations: Wall, Silicon

☆ DOJ fights uphill battle; Google a losing one
▼ + stars: | 2023-09-12 | by ( Ben Winck | ) www.reuters.com time to read: +5 min

The government, in its opening statements, argued that the $1.7 trillion company’s search engine partnerships illegally protected its monopoly, harming consumers. The problem for the DOJ is that consumers readily dole out their data, and not just to Google. Device manufacturers and browser creators choose Google because it’s the highest quality option, and users can easily pick another default search engine, John Schmidtlein, Google’s lead lawyer, argued. The government’s lawyers have their work cut out for them, but a DOJ loss won’t mean a Google victory. The company’s partnerships may set Google as the default search engine on devices and browsers, but users can usually change their default option with a few clicks.

Persons: General Merrick Garland, Jonathan Kanter, Kenneth Dintzer, Dintzer, Amit Mehta, John Schmidtlein, Google’s, DOJ doesn’t, Google's, Lauren Silva Laughlin, Sharon Lam Organizations: U.S . Justice, Alphabet's Google, Justice Department, Reuters, U.S . Department of Justice, Alphabet’s, Google, DOJ, Microsoft, Court, Big Tech, Alphabet’s Google, Thomson Locations: WASHINGTON

☆ Tech drags US stocks lower as Oracle drops and Apple slides after iPhone event
▼ + stars: | 2023-09-12 | by ( Phil Rosen | ) www.businessinsider.com time to read: +2 min

Oracle stock plunged more than 13% to lead tech names lower on Tuesday. Apple stock fell more than 2.3% as investors watched the iPhone 15 debut event in California. Meanwhile, US oil prices climbed to their highest mark since November 2022. download the app Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy PolicyAdvertisementAdvertisementUS stocks declined on Tuesday, with tech names leading the declines. Shares of Oracle declined more than 13% following a downbeat earnings report, while Apple also moved lower more than 2.3% on the same day as the company's iPhone 15 launch event.

Persons: Goldman Sachs Organizations: Oracle, Apple, Service, Apple Watch, Chevron, Exxon Mobil, Federal, Dow Jones, Nasdaq Locations: California, Wall, Silicon, Cupertino , California

☆ The first of two major DOJ cases against Google goes to trial. Here's which suit worries us most
▼ + stars: | 2023-09-11 | by ( Paulina Likos | ) www.cnbc.com time to read: +6 min

Apple executives are expected to be called at the Google trial. Google has previously responded to the DOJ search antitrust suit. A few months ago, there was a belief that Microsoft's ChatGPT-infused Bing would usurp Google's search dominance. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Bing, Department's, Jim Cramer, Jim, Jeff Marks, Jim Cramer's, Sundar Pichai, Jonathan Kanter Organizations: Justice Department, Alphabet, Google, Washington , D.C, District of Columbia, Eastern, of, Union, Apple, Mozilla, Samsung, Verizon, DOJ, JPMorgan, TAC, Microsoft, chatbots, CNBC, US Department of Justice, Getty Locations: Washington ,, U.S, of Virginia, Google's

☆ Exclusive: Musk-owned X's content moderation shift complicated effort to win back brands -former exec
▼ + stars: | 2023-09-07 | by ( Sheila Dang | ) www.reuters.com time to read: +5 min

'X' logo is seen on the top of the headquarters of the messaging platform X, formerly known as Twitter, in downtown San Francisco, California, U.S., July 30, 2023. "I didn't always have access to other people who were doing (brand safety) work," he said of his time at Twitter. Before acquiring Twitter, Musk had criticized the platform for limiting free speech by removing certain content and having a politically liberal bias. Still, Brown said he felt supported in his brand safety work by Musk and Ella Irwin, Twitter's then-head of trust and safety, who resigned days before Brown. FALLING REVENUEOn Monday, Musk said X's declining ad revenue was primarily due to pressure from the Anti-Defamation League (ADL).

Persons: Carlos Barria, AJ Brown, Musk, Linda Yaccarino, Brown, NBCUniversal, Ella Irwin, Twitter's, AJ, Jonathan Greenblatt, X, Sheila Dang, Kenneth Li Organizations: REUTERS, Elon Musk, Twitter, Brand Safety Institute, BSI, Kroger, Defamation League, Anti, Defamation, ADL, Center, X, Thomson Locations: San Francisco , California, U.S, Dallas

☆ Here are Wednesday's biggest analyst calls: Nvidia, Apple, Tesla, Nio, SoFi, Amgen, Chewy, Toast and more
▼ + stars: | 2023-09-06 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Here are Wednesday's biggest calls on Wall Street: UBS upgrades Toast to buy from neutral UBS said the restaurant tech company "continues to prove itself as a top provider" for the restaurant industry. " UBS downgrades Block to neutral from buy UBS said it sees slowing profit growth for Square's parent company. Deutsche Bank reiterates Nio as buy Deutsche Bank said it's concerned about the company's growth trajectory but that it's sticking with its buy rating. " Deutsche Bank reiterates Tesla as buy Deutsche Bank said it's standing by its buy rating on the auto giant. Bank of America reiterates SoFi as neutral The firm said SoFi is a key beneficiary of student loan refinances.

Persons: Baird, Goldman Sachs, William Blair, Argus, Russell, CFRA, it's, TD Cowen, Cowen, Morgan Stanley, Needham, Nio, Tesla, SoFi, refinances Organizations: UBS, omni, Nvidia, Technology, HSBC, Apple, Constellation Brands, Bloom Energy, Deutsche Bank, Bank of America

☆ US states reach settlement with Google over antitrust Play Store practices
▼ + stars: | 2023-09-06 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +2 min

New York CNN —Google reached an agreement in principle with US states to settle an antitrust lawsuit for its alleged conduct in the Google Play Store, according to a Tuesday court filing. This lawsuit was led by New York Attorney General Letitia James and attorneys general from California, North Carolina, Tennessee and Utah. We brought this lawsuit because it is illegal to use monopoly power to drive up prices,” the attorneys general said in a statement. The lawsuit alleged that Google imposes technical barriers for third-party app developers and that it forces app developers and users to use its payment processing service, Google Play Billing, which charges fees as high as 30% a transaction. On Wednesday, the attorneys general said the Play Store settlement agreement, which will be subject to court approval, has yet to be finalized and more details will be shared publicly in the next 30 days.

Persons: Letitia James, “, Trump, Biden Organizations: New, New York CNN, Google, New York, Justice Department, The Justice Department Locations: New York, California , North Carolina , Tennessee, Utah

☆ I earned up to $130K in tech roles, but the jobs felt fake. Here's why I think startups hire people to build a brand only to fire them later on.
▼ + stars: | 2023-09-01 | by ( Ananya Vahal | ) www.businessinsider.com time to read: +5 min

Arias was earning $130,000 at her second "fake" tech job. During that time, I had two tech jobs that felt like fake jobs. I believed so much in their product that I decided to apply for a business development role at the company. Some venture-capital tech startups build a company with the sole purpose of creating a brand good enough to sell to a buyer. AdvertisementAdvertisementAlthough I had tech jobs that felt fake, I did walk away with new skills that I can now use to help other businesses.

Persons: Celia Arias, Arias, I'd, haven't Organizations: Service Locations: Wall, Silicon, New York City

☆ Google targets DOJ antitrust chief with bias allegations in monopoly defense
▼ + stars: | 2023-08-31 | by ( Brian Fung | ) edition.cnn.com time to read: +5 min

CNN —Google went on the offensive Thursday in a closely watched antitrust case dealing with the tech giant’s digital advertising dominance, questioning the motives of the Justice Department’s top antitrust official. Google’s filing targets Jonathan Kanter, the US assistant attorney general for antitrust, and his widely reported past legal representation of Google-parent Alphabet’s corporate rivals, such as Microsoft, Yelp and News Corp, among others. Google’s attorneys argue that Kanter’s past clients create an ethical conflict and should raise doubts about the US government’s overall lawsuit. They also cited evidence in the case that, prior to joining DOJ, Kanter lobbied in a personal capacity for the agency to pursue an antitrust case against Google. The Biden administration has sought to limit the scope of discovery to prevent Google from gathering evidence about Kanter’s advocacy, according to Thursday’s filing.

Persons: Jonathan Kanter, Kanter, AAG Kanter, Susan Athey, Athey, Biden, Trump, Leonie Brinkema, Judge Brinkema Organizations: CNN, Google, Microsoft, News Corp, DOJ, Justice, Stanford, Court, Eastern, of, US Locations: Alexandria , Virginia, United States, of Virginia, Manhattan, Virginia

☆ A millennial quit a job he loved rather than return to the office. Now he's making more money and working for bosses that don't suffer from 'productivity paranoia.'
▼ + stars: | 2023-08-24 | by ( Juliana Kaplan | Noah Sheidlower | ) www.businessinsider.com time to read: +8 min

The great remote work debateAs part of the war over remote work, employers and employees alike have debated whether or not a mandatory return-to-office policy actually works. With two kids at home, the flexibility of remote work — coupled with no commute — was a boon. The firms that are succeeding at remote work have saved money from giving up office leases and are making their employees feel happier along the way. "You're still in meetings, you're still engaged, but you're not under the thumb of somebody — not treated like a child." Have you quit over remote work, or are contemplating it?

Persons: Timothy Done, I've, you've, Sam Eitzen, Nicholas Bloom, Bloom, It's, Done, it's Organizations: Service, Workers, Stanford University, Federal Reserve Bank of New, Manufacturing Survey, Business, Survey, Microsoft, jkaplan Locations: Wall, Silicon, Egypt, Denver, Utah, It's, micromanagement

☆ Working in an office full time is a no-go for some people who desperately want remote work
▼ + stars: | 2023-08-24 | by ( Madison Hoff | ) www.businessinsider.com time to read: +7 min

Working adults or job seekers tend to prefer remote work over being in the office full time, per Bankrate. New survey results from Bankrate found 64% of US adults who are part of the workforce are in favor of fully remote work instead of work done all in person. AdvertisementAdvertisementOne person who is in a new fully remote position had previously been working remotely as an ad tech contractor. "I think fully remote work is going to be tough for them to find," Pozen said. AdvertisementAdvertisementAre you thinking about switching jobs or have already quit because of return to office requirements or a desire for flexible work?

Persons: Bankrate, YouGov, Mark Hamrick, it's, Robert C, Hamrick, Pozen, Paul Rubenstein, Visier, you've, Rubenstein, Robert Half Organizations: Service, MIT Sloan School of Management, Workers Locations: Wall, Silicon, Bankrate

☆ Scientists found more than 1,000 AI spam bots trying to scam people and steal their social media profiles — and regulators can't keep up
▼ + stars: | 2023-08-24 | by ( Shubham Agarwal | ) www.businessinsider.com time to read: +7 min

One of the latest is flooding social media with spam bots and AI-generated content that could further degrade the quality of information on the internet. Botnets are networks of hundreds of harmful bots and spam campaigns on social media that can go undetected by current anti-spam filters. We can still detect AI-generated spam — for nowBoth NewsGuard and the paper's researchers were separately able to unearth AI-generated spam content using an obvious tell that chatbots currently have. AdvertisementAdvertisementResearchers look for when these responses slip out in an automated bot's content, whether on a webpage or in a tweet. AdvertisementAdvertisementOne such measure was tagging AI-generated content with a hidden label to help people distinguish it from content made by humans, per the White House.

Persons: Kai, Cheng Yang, Filippo Menczer, Yang, Menczer, ChatGPT, chatbots, Wei Xu, Europol, Xu, Biden Organizations: Indiana University, Twitter, ChatGPT, Indiana University's Observatory, Social Media, telltale, Georgia Institute of Technology, Regulators, Google, Microsoft, House Locations: Indiana

But in advance of this debate, I did go back and watch the 2015 Republican debate. michelle cottleOK. I’m going to jump in here with the message may be great, but the messenger was absolutely atrocious. But I thought it was really, really interesting. carlos lozadaNo, no, no, but no, here’s what — no, I mean, I’m not inclined to. And then, I’m going to put the interests of Americans first, which is just an America first riff.

Persons: lydia polgreen, ross douhat Bemusement, michelle cottle, polgreen Wow, ross douhat, lydia polgreen Carlos, carlos lozada Darkness, carlos lozada, Mike Pence, Lydia Polgreen, michelle cottle I’m Michelle Cottle, ross douhat I’m Ross Douthat, carlos lozada I’m Carlos Lozada, you’re, Vivek Ramaswamy, Ramaswamy, Ron DeSantis, Nikki Haley, Pence, carlos lozada That’s, Lydia, Prince, carlos lozada —, Tucker Carlson, Carlos, John Kasich, Scott Walker, Jeb Bush —, Ross, ross, It’s, he’s, Trump, lydia polgreen We’re, ross douhat Punditry, yammering, He’s, Michelle, that’s, — michelle cottle, she’s, She’s, lydia polgreen —, michelle cottle He’s, I’m, Obama, —, Chris Christie, Marco Rubio, Haley, michelle cottle ChatGPT, carlos lozada ChatGPT, ross douhat We’ve, — carlos lozada There’s, Pudding Fingers, DeSantis, unquote, ”, it’s, Christie, Tim Scott —, hasn’t, carlos lozada DeSantis’s, George Soros, — carlos lozada —, I’ve, ross douhat Totally, Donald Trump, — ross, Chris Christie can’t, ross douhat Trump, Tim Scott, Vivek’s, carlos lozada He’ll, — ross douhat, Tucker, Jeffrey Epstein, polgreen, Epstein, Biden, lydia polgreen He’s, They’re, Asa —, carlos lozada It’s, michelle cottle That’s, michelle cottle Oh, we’re, you’re Donald Trump, carlos lozada Well, who’s, Mel Gibson, Anthony Hopkins, Caroline Alexander, — carlos lozada, michelle cottle Aw, ross douhat It’s, David Grann, MOO, we’ve, “ MOO, ” ross, “, somebody’s, michelle cottle I’m Organizations: Indigo, Twitter, lydia polgreen From New York, Trump, Republican Party, Republican, Harvard, Ivy League, Fox, Fox News, Republican National Committee, Biden, Democratic, Trump Republican Party, Iowa Locations: United States of America, lydia polgreen From New, Trump, America, Washington, UN, New Hampshire, Ukraine, Iowa, Florida, Panama, China, Milwaukee, Lydia, There’s

☆ IBM selling The Weather Channel and the rest of its weather business
▼ + stars: | 2023-08-22 | by ( Hayden Field | ) www.cnbc.com time to read: +2 min

IBM said Tuesday it's selling its weather unit, including The Weather Channel mobile app and websites, Weather.com, Weather Underground and Storm Radar. IBM will sell The Weather Company and its assets to Francisco Partners, a tech-focused private equity firm, for an undisclosed sum. As part of the deal, IBM will retain access to the company's weather data, which it uses to power some of the artificial intelligence models it sells to enterprise clients. One of those bets is Watsonx, the enterprise AI development tool IBM announced in May that's slated to debut in the third quarter. The platform includes a feature for AI-generated code, an AI governance toolkit, and a library of thousands of large-scale AI models, trained on language, geospatial data, IT events and The Weather Company's weather data, which IBM will continue to use.

Persons: that's Organizations: IBM, The Weather Channel, Storm Radar, Weather Company, Francisco Partners

☆ Here are Tuesday's biggest analyst calls: Apple, Nvidia, Zoom, Amazon, Bowlero, Lululemon & more
▼ + stars: | 2023-08-22 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Bank of America reiterates Lululemon as buy Bank of America said it's standing by its buy rating on the stock heading into earnings next week. Bank of America adds Jazz Pharmaceuticals to the US1 list Bank of America added the pharmaceutical company to its top picks list. "We initiate coverage of The Madison Square Garden Entertainment Co. (MSGE) with a Buy rating and a 12-month price objective (PO) of $41, implying ~30% potential upside." Bank of America initiates Gulfport Energy as buy Bank of America said the energy company is undervalued. Stifel reiterates Bowlero as buy Stifel said it's standing by its buy rating on the bowling company.

Persons: Morgan Stanley, Lululemon, LULU, Bernstein, Emerson, Raymond James, Apple, it's, Stifel, Jefferies, Goldman Sachs, JEF Organizations: Bank of America, Jazz Pharmaceuticals, Inc, UBS, GXO Logistics, Mobility, RBC, JPMorgan, Emerson, Mizuho, Edison, FOUR, Apple, Nvidia, AppLovin, Garden Entertainment, The, Garden Entertainment Co, Energy, Xcel Energy, Minnesota & Locations: China, The Madison, Minnesota, Minnesota & Colorado

☆ IPG Mediabrands 'privacy alert' says clients should 'consider' a pause on Google ads product
▼ + stars: | 2023-08-17 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +18 min

Google has disputed the Adalytics report, with a spokesperson describing it in a statement to Insider as "deeply flawed and misleading." An IPG Mediabrands spokeswoman said it was not accurate to say the agency was recommending a pause on any Google product. "What worries me about this Adalytics report is that Performance Max campaigns have allegedly been observed to run on made-for children inventory," Schreurs said. The article also refers to research undertaken by 3rd party (Adalytics) and the Adalytics report also mentions the following IPG/MB clients: 1. GAF For several of the above clients, the Adalytics report references that IPG/Matterkind placed the ad.

Persons: Max, IPG Mediabrands, Adalytics, wasn't, IPG, Ruben Schreurs, Schreurs, Edward J, Markey, Marsha Blackburn, Dyson, Matterkind, Biden's Organizations: Google, YouTube, The New York Times, Federal Trade Commission, COPPA, Republican, New York Times, Brand, Adalytics, NY Times, BMO, BMW, Nike, Intuit, Honda, FTC, United States, Association, MFK Locations: Massachusetts, Tennessee, United, MFK

☆ Morgan Stanley still likes these Chinese stocks despite a country downgrade
▼ + stars: | 2023-08-06 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +6 min

Morgan Stanley has decided to take a break, downgrading MSCI China to equal weight while recommending a few consumer and industrial names. The Politburo meeting signaled policy easing, but outstanding issues — of debt, property, jobs and geopolitics — need significant improvement for sustainable inflows, the Morgan Stanley analysts said. Morgan Stanley has so far only changed it once this year: a cut in July to 5%. And despite their downgrade of Chinese stocks, the analysts added two mainland-traded A shares to their focus list. In its latest report, Morgan Stanley analysts also turned overweight on India.

Persons: Morgan Stanley, Laura Wang, Fran Chen, Wood, Warren Buffett, behemoth BlackRock, Biden, Liqian Ren, Ren, Hang Seng, Jack Ma's Alibaba, Morgan Stanley's, Morgan, WisdomTree's Ren doesn't, Ren doesn't, Michael Bloom Organizations: U.S, Chinese Communist Party, China ETF, WisdomTree Trust, Owned Enterprises ETF, Wall, JPMorgan, Baidu, State, Owned Enterprise Fund, Ping An Insurance Locations: China, . U.S, WisdomTree, WisdomTree Trust China, Morgan, Morgan Stanley's China, Hong Kong, India

☆ USA Today-publisher Gannett raises profit targets as ad demand rebounds
▼ + stars: | 2023-08-03 | by ( Reuters Staff | ) www.reuters.com time to read: +1 min

The corporate flags for the Gannett Co and its flagship newspaper, USA Today, fly outside their corporate headquarters in McLean, Virginia, July 23, 2013. REUTERS/Larry Downing/File photo(Reuters) - USA Today-publisher Gannett Co boosted its annual earnings expectations on Thursday, as advertising demand recovers from post-pandemic lows. Gannett’s revenue from advertising and marketing services fell 8% to $353.3 million in the second quarter ended June 30 from a year earlier. Analysts on average expect 2023 profit of $8.2 million, according to Refinitiv data. The company reiterated annual revenue between $2.75 billion and $2.80 billion, above estimates of $2.74 billion.

Persons: Larry Downing Organizations: Gannett Co, USA, REUTERS, U.S . Federal Reserve, U.S ., Google, Gannett Locations: McLean , Virginia, U.S

For Yavuz and his counterparts, there's serious appeal in having another ad-supported app inside Meta's ad manager. Once Meta adds a check box to extend ads to Threads, ad buyers will check it. Facebook's ads, technology, and interfaces are much better than Twitter's," said Trevor Dudeck, CEO of ad agency Lemonade. "If it's just the same thing as Instagram, that's not going to be as enticing," said one executive at a major digital advertising agency. When Zuckerberg inevitably adds the Threads checkbox to Meta's ad platform, it'll be ominous for Twitter's flailing ad business.

Persons: Alex Kantrowitz, Kantrowitz, Meta hasn't, Mark Zuckerberg, Ahmet Yavuz, Yavuz, Carly London, Curly, it's, David Herrmann, Herrmann, They're, Carl Bivona, Trevor Dudeck, Josh Keller, Elon Musk's, that's, Zuckerberg, I've Organizations: Big Technology, Morning, Meta, ASY, Twitter, Instagram, Facebook, Google, it's Meta, Herrmann Digital, Union Square Media, Wall Street Locations: Meta

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