Facebook’s Global Head of Advertising biz Carolyn Everson exits

Facebook VP, Global Business Group Carolyn Everson is departing the social media company after spending over a decade. She was responsible for growing the global advertising business. “After 10 1/2 years, I have left Facebook. I am extremely proud of what we set out to accomplish but way more proud of my team and the support we showed each other, especially in difficult times. I always said no one will ever mention at my funeral the amount of revenue I… Source link

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Look at this graph: Morning Brief

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, June 11, 2021 Even amid Fed rate hikes, stocks usually go up Rampant inflation in an overheating economy is bad. And so to fight that or prevent that, the Federal Reserve is expected to tighten monetary policy via the tapering of its quantitative easing program and the hiking of its fed funds rate. Currently, employment is rising and the Source link

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UK competition regulator gets a say in Google plan to remove cookies

The logo of Google Chrome shown on a smartphone. Thomas Trutschel | Photothek via Getty Images LONDON — Britain’s competition regulator will have a say in Google’s plan to remove third-party browser cookies that track people online. The Competition and Markets Authority said Friday that it had secured commitments from Google to address concerns about the proposal. The CMA is worried that the plans will harm newspapers and other businesses that rely on personalized ads. Web cookies are small… Source link

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Amazon, Google execs lead U.S. Senate panel antitrust hearing witness list

Executives from Alphabet’s Google (GOOGL.O) and Amazon.com (AMZN.O) head the list of witnesses for a hearing before the Senate Judiciary Committee’s antitrust subcommittee next week, along with an executive from speaker maker Sonos Inc (SONO.O), which has been critical of the two tech giants. Ryan McCrate, an associate general counsel, will speak for Amazon while public policy specialist Wilson White will testify for Google, said Senators Amy Klobuchar, chair of the panel, and Mike Lee, the… Source link

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UK competition watchdog secures Google commitments on third-party cookies

Britain’s competition regulator said on Friday it had secured commitments from Google (GOOGL.O) about the tech giant’s proposal to remove third-party cookies from its Chrome browser. The Competition and Markets Authority (CMA) said the commitments were a result of action it launched against the U.S. company in January following concerns that its proposals could restrict competition in digital advertising. read more Third-party cookies are used by digital advertisers to personalise and target… Source link

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Google Makes Pledges to Solve U.K. Ad Tracking Probe

Google’s planned changes to ad tracking may face oversight from U.K. regulators after the company made a set of proposals to end an antitrust investigation. The Competition and Markets Authority said the commitments come after its probe into Google’s planned phase-out of third-party cookies used by publishers and advertiser to track users and measure the success of advertising campaigns. The CMA said it was concerned that the planned changes could “impede competition in digital… Source link

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Serena Williams’ daughter pays tribute to mom with outfit

Serena Williams’ daughter, Alexis Ohanian Jr., takes after her mother. Alexis paid homage to her mom Wednesday, wearing the same tennis outfit Williams wore at the Australian Open in February.  Alexis wore the outfit at tennis practice Wednesday. The images were posted on Alexis’ Instagram page by her father, Alexis Ohanian. While the pictures are great, Williams wanted to be present for a side-by-side. Williams commented, “Awwwww mannnnnn I asked you to save this post until I was next to her… Source link

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