The publisher versus platform battle rages on: A lawsuit filed in the UK seeks billions in damages from Google for abusing its dominance of the ad market.
A double-whammy for TikTok: The embattled video app was fined for millions in the UK, and banned from Australian government devices.
50% of Americans support a government ban on TikTok, with higher support among Republicans and older Americans. Continued scrutiny could be TikTok’s downfall.
Cutting back international availability of 23 technologies used in semiconductors production makes future chipmaking efforts more difficult for China.
Through a multiyear agreement, PayPal will become Live Nation’s preferred payment partner.
UFC and WWE look to enter the sports streaming frenzy: The newly merged company will likely try to land several lucrative deals.
Netflix realizes sometimes less is more: The streamer will focus on releasing high-quality films and optimize its marketing efforts.
Paramount+'s partnerships and programming may boost growth in 2023: The streamer's Walmart+ collaboration is getting a national media campaign to boost awareness
Gaming consolidation and the economic downturn hit the industry hard. Startups and independent game studios stand to lose exposure.
Absence of major sporting events, decreasing cable audiences are a bad sign for traditional TV: US TV ad revenues will drop 4.4% this year, S&P Global Ratings predicts.
Twitter recurring revenue plans will likely be a hard sell: Pay-to-play services can work, but only if there’s value being exchanged.
The chipmaking giant is appealing for its government to shore up production on key manufacturing equipment to better compete with the US and China.
Tech’s economic pain spreads to gaming: Electronic Arts lays off hundreds of workers. Hiking game prices during high inflation could hurt revenue and mean more cuts ahead.
Roku cuts 400 jobs in four months: Rising costs and a tight ad market have hurt the rising advertising player, which could make it an acquisition target.
Netflix games may soon ditch mobile-only: In-app code reveals that Netflix is testing ways to bring its costly game investments to TV screens, using phones as controllers.
As Bing makes inroads into Google’s lead, it experiments with AI ads: Disney and Roku layoffs and pivots by Twitter and ByteDance dominated headlines this past week.
SES and Intelsat, two of the world’s largest satellite operators, are close to a merger deal that would create a $10B company to compete with SpaceX and Amazon.
The threat of a TikTok ban is enough to make waves: ByteDance, Meta, and Chinese competitor Kuaishou are all taking steps to anticipate a ban.
Splitting into six companies makes each business unit more competitive while reducing regulatory oversight, which could help increase profits.
Disney doesn’t think the metaverse is a priority: The company’s first round of layoffs axed its metaverse division as the rest of the media world leaves the limp dream behind.