Tag Archives: Media

Verizon revealed during its earnings call Tuesday morning Verizon Media Group had a solid Q4 – total revenues jumped 11.4% to $2.3 billion YOY – marking the first quarter of year-over-year growth since the wireless giant acquired Yahoo in 2017 for $4.48 billion. Growth in the quarter was fueled by strong advertising trends, with revenue from Verizon Media’s DSP growing 41% YOY. “We are very pleased with Verizon Media Group’s performance,” said Verizon CFO Matt Ellis…. Source link

TipRanks 2 “Strong Buy” Penny Stocks That Could See Outsized Gains Well, it’s official. Joe Biden is now President, and he’ll be backed – at least for the short term – by Democratic majorities in both Houses of Congress. Wall Street is taking the measure of the new Administration, and sees, among its first moves, a boost in fiscal stimulus that is likely to goose consumer spending, bump corporate profits, and provide general economic support in the first half of 2021. Covering the… Source link

SYDNEY, Jan 22 (Reuters) – Google said on Friday it will disable its search function in Australia if the government proceeds with a media code that would force it and Facebook Inc to pay local media companies for sharing their content. Australia is on course to pass laws that would make the Big Tech giants negotiate payments with local publishers and broadcasters for content. If they can’t strike a deal, a government-appointed arbitrator will decide the price. “The code’s arbitration… Source link

British business leaders called on the government to rescue Eurostar, reports said, after the firm said it was close to collapse following border closures to contain new Covid-19 strains. Until recently a symbol of easy high-speed rail travel in Europe, Eurostar has been crippled by the coronavirus crisis, with its special platforms and facilities in Paris, London and Brussels now eerily quiet. The group is currently running just one service a day between Paris and London, a far cry from… Source link

The project would end early next month, he said. “In 2018, the value we provided to publishers through referral traffic alone was estimated at $218 million.” Mel Silva, managing director of Google Australia, says 80 per cent of submissions to the ACCC raised concerns with the plan.Credit:Jeremy Piper The admission from the digital giant comes in the middle of a battle between the federal government and the tech giants over plans to force Google and Facebook to pay news publishers for… Source link

Former first lady Michelle Obama called on social media companies to permanently ban Donald Trump from their platforms in the wake of Wednesday’s attack on the U.S. Capitol by the president’s supporters. “Now is the time for Silicon Valley companies to stop enabling this monstrous behavior — and go even further than they have already by permanently banning this man from their platforms and putting in place policies to prevent their technology from being used by the nation’s leaders… Source link

TipRanks Goldman Sachs Says These 3 Stocks Could Surge Over 30% From Current Levels After a true annus horribilus, we’re all ready for better times. The US equity strategy team at Goldman Sachs, led by David Kostin, sees those better time ahead, and in the near-term. The team is predicting a 25% gain for the S&P 500 within the next 24 months – or to put it in absolute numbers, they believe the index will hit 4,600 by December 2022. Kostin lays out four clear reasons for believing that… Source link

SYDNEY (Reuters) – Australian Competition and Consumer Commission Chairman (ACCC) Rod Sims said proposed laws that will make Australia the first country in the world to force Google and Facebook to pay for news were fair and critical for the survival of the media industry. FILE PHOTO: Australian Competition and Consumer Commission (ACCC) Chairman Rod Sims, pictured in Sydney, Australia, October 31, 2016. REUTERS/Jason Reed Sims said he was surprised to hear criticisms from Google about the… Source link

SYDNEY (Reuters) – Australian Competition and Consumer Commission Chairman (ACCC) Rod Sims said proposed laws that will make Australia the first country in the world to force Google and Facebook to pay for news were fair and critical for the survival of the media industry. FILE PHOTO: Australian Competition and Consumer Commission (ACCC) Chairman Rod Sims, pictured in Sydney, Australia, October 31, 2016. REUTERS/Jason Reed Sims said he was surprised to hear criticisms from Google about the… Source link

Google has rejected a bargaining code designed to force it and other tech groups to pay publishers for news they use on their websites, even though it has already been watered down after a fierce lobbying campaign by the search giant. In a post to Google’s official blog, the company’s Australian boss, Mel Silva, said the proposed code would “fundamentally break how search engines work”, complained it would involve giving news publishers special treatment and slammed the “final… Source link