The EU is stepping up its tax battles with tech giants – and with its own member states. The European Commission ordered Luxembourg to recoup 250 million euros ($294 million) in taxes from Amazon. The Commission argued that Luxembourg had given Amazon a selective advantage by capping the amount of corporate taxes that the company […]
Marni Walden is headed for the exits at Verizon. The highest-ranking female executive at the telco, Walden has served as EVP and President of Global Media since 2015. She plans to vacate her current position on December 31, transitioning into a strategic adviser role. She’ll officially exit the company in February. During her tenure, Walden […]
Samsung was one of the first tech companies to enter the market with a VR headset – but this is a little different. The company has partnered with Microsoft to launch the Samsung HMD Odyssey, a mixed reality headset powered by Windows. (Users will need a compatible Windows 10-powered PC for the device to work.) […]
Facebook has faced mountains of questions over revelations that a Russian entity purchased thousands of political ads on the platform during the 2016 election. (The company recently turned said ads over to Congress.) The company is now out with a new piece of information: About 10 million U.S. users saw the ads. And Facebook says […]
Snapchat parent Snap Inc. is projected to earn $127.5 million less ad revenue than had previously been forecast, according to a new report from eMarketer. The research firm lowered its 2017 U.S. ad revenue forecast to $642.5 million, down from $770 million. EMarketer explained that Snapchat still “remains in the experimental bucket for many marketers.”
Google has ended its “first click free” policy. The program required publishers – even ones that placed their content behind paywalls – to provide at least three free articles per day through Google News and Google Search. Starting this week, publishers will be able to pick how many free articles (if any) appear on Google’s […]
TechCrunch reports that Google has been working on its own version of the Amazon Echo Show, a smart speaker with an integrated seven-inch touch screen. Google’s new device will feature access to Google Assistant, as well as Google Photos, YouTube, and video calling. (The device is reportedly code-named “Manhattan”; hopefully the end results will differ […]
According to a new report from Digiday, a number of publishers have been thinking beyond Facebook lately, and spending more time on other platforms. Facebook, while still a huge source of referral traffic for publishers, has been declining as a referral source as compared to Google. Some of Digiday’s sources say that Facebook’s monetization models […]
Netflix is getting in touch with its neighbors to the north. Under a new agreement with Canada’s government, the L.A.-based streaming giant has agreed to invest a minimum of $500 million into original productions in the country over the next five years. (That’s in Canadian currency, by the way; it translates to about 400 million […]
Roku completed its IPO yesterday, and the streaming device-maker received a rapturous reception on Wall Street. Roku opened trading at $15.78 per share, roughly 13% higher than its $14 initial public offering price. Shares of the company ultimately rose over 50%, ballooning to over $21 in afternoon trading. The company’s valuation ultimately rose to just […]
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