Zuckerberg faces Congress as Facebook prepares to debut news tab: Thursday Wake-Up Call

Welcome to Ad Age’s Wake-Up Call, our daily roundup of advertising, marketing, media and digital news. If you're reading this online or in a forwarded email, here's the link to sign up for our Wake-Up Call newsletters. You can get an audio version of this briefing on your Alexa device; sign up here.   Mark Zuckerberg faces Congress Facebook CEO Mark Zuckerberg testified before the House Financial Services Committee yesterday, and faced some tough questions, not only about the company's planned cryptocurrency, Libra, but also concerning its overall power and influence. According to Bloomberg News, Committee Chairwoman Maxine Waters said Facebook should stop work on its cryptocurrency project until the company addresses a series of unrelated “deficiencies” in its social media business. “You have opened up a serious discussion about whether Facebook should be broken up,” she said. The hearings come as Facebook is set to launch its “news tab” at an event on Friday, according to the Washington Post. Zuckerberg hinted at the debut in his Congress testimony, saying ”a big initiative around news and journalism” would launch later in the week. The Post says the list of participating organizations, initially totaling about 200, will include itself, the Wall Street Journal, BuzzFeed News and many local news sources. The New York Times is also likely be involved, although this isn’t yet confirmed.  J.Lo and A-Rod’s meal kit line Multi-talented Jennifer Lopez has her fingers in lots... Continue reading at 'Advertising Age'

[ Advertising Age | 2019-10-24 10:29:51 UTC ]

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Black Lumascape Compiles All Black-Owned Ad-Tech Firms in a Continuously Updating Chart

As the founder and CEO of digital media investment bank Luma Partners LLC, Terence Kawaja is a problem solver by nature. But earlier this summer, as Kawaja watched his news feed, he found himself hearing about problems that left him at a loss. He read about the killing of George Floyd and police... Continue reading at AdWeek

[ AdWeek | 2020-09-03 12:30:00 UTC ]
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Only 9% of Ad Buyers Have a Clear Budget for Next Year

Seven months into the novel coronavirus pandemic in the U.S., ad buyers are still entering the market with uncertainty. Spending on traditional offline media is expected to be slashed by almost a third, although this could be offset by the continued rise in digital media investment by... Continue reading at AdWeek

[ AdWeek | 2020-09-02 14:20:11 UTC ]
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US govt plans mega $250m ‘defeat despair’ Covid-19 campaign

Campaign will have a "large paid traditional and digital media component" including TV, radio and out of home ads, document states. Continue reading at Media Week

[ Media Week | 2020-09-02 14:20:09 UTC ]
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‘Not enough money to go around’: US digital-media publishers curb international expansion

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[ Digiday | 2020-08-26 04:01:12 UTC ]
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Bolinda scoops Mennuti comedy about publishing world

Bolinda has scooped a “laugh out loud” romantic comedy by debut author Aly Mennuti, featuring a literary agent based partly on the author's own, Simon Trewin. Continue reading at The Bookseller

[ The Bookseller | 2020-08-25 02:20:12 UTC ]
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The World’s Biggest Brands Are Spending More in Programmatic

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[ AdWeek | 2020-08-20 15:32:30 UTC ]
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The context for the crisis: A Q&A with Penny Abernathy

For years, Penny Muse Abernathy—the Knight Chair in Journalism and Digital Media Economics at the UNC Hussman School of Journalism—has been studying the disintegration of journalism’s traditional business model, mapping losses of physical newsrooms across the United States. The current financial... Continue reading at Columbia Journalism Review

[ Columbia Journalism Review | 2020-08-19 12:57:27 UTC ]
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Embattled TikTok Kicks Off Global Multichannel Campaign ‘It Starts on TikTok’

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[ AdWeek | 2020-08-18 17:00:00 UTC ]
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‘This is not your grandfather’s Patch’: Lookout Local wants to be the modern local news of Santa Cruz

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[ Digiday | 2020-08-17 04:01:53 UTC ]
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Hero's welcome for Hong Kong media tycoon Jimmy Lai after release on bail

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[ The Guardian | 2020-08-12 09:31:31 UTC ]
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Arabic Literature and Antiquarian Bookshops: A Conversation with Richard van Leeuwen, by Alex Crayon

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[ World Literature Today | 2020-08-10 20:32:46 UTC ]
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Snap Inc. Wants Businesses to ‘Meet the Snapchat Generation’

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[ AdWeek | 2020-08-03 04:00:52 UTC ]
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My Novel’s Heroine is Doing Better in the Publishing World Than I Did

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[ Literrary Hub | 2020-07-31 08:48:22 UTC ]
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How a Better Understanding of the Digital Media Supply Chain Can Give Brands a Leg Up

Chris Kane's job is to take a look at a brand's digital ad buys to see where there are overlaps that can be eliminated to improve the efficiency of the entire strategy. But in order to do that, brands have to understand exactly what they're buying through each exchange. Kane, founder and... Continue reading at AdWeek

[ AdWeek | 2020-07-29 21:03:28 UTC ]
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TikTok Names Sandie Hawkins as Its Head of U.S. Advertising

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[ AdWeek | 2020-07-28 21:26:52 UTC ]
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Wave.tv Secures $32 Million to License, Acquire Sports Media Brands

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[ AdWeek | 2020-07-22 14:00:38 UTC ]
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Staff Union, Lifehacker EIC Rebuke G/O Media Over Firing of Travel Writer

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[ Folio Magazine | 2020-07-20 16:06:59 UTC ]
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One of Tampa Bay's largest marketing firms is officially public

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[ Silicon Valley Business Journal | 2020-07-17 16:47:40 UTC ]
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S4 Capital Hopes to Raise $126 Million to Further Expand Through Mergers

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[ AdWeek | 2020-07-15 20:58:21 UTC ]
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Medill Selects Jeremy Gilbert of Washington Post as Knight Chair in Digital Media Strategy

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[ Editor & Publisher | 2020-07-07 17:10:58 UTC ]
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