• Hyundai pauses ads on X over antisemitic posts

    Automaker Hyundai paused advertisements on the social media platform X after a sponsored post from the company was featured next to antisemitic and pro-Nazi posts, the company confirmed to The Hill. “We have paused our ads on X and are speaking to X directly about brand safety to ensure this issue is addressed,” Hyundai said

  • Bank of America Boycott Calls Grow After MAGA Accounts Closed

    Bank of America is facing calls for a boycott over allegations it is closing accounts of customers based on their political views.Multiple MAGA profiles and Republicans have criticized the bank in recent days over claims, which have been denied by the company, that it is allegedly engaging in a practice known as "de-banking" because of customers' religious and political beliefs.John Eastman, a former lawyer for Donald Trump, recently claimed his Bank of America and USAA accounts were closed in...

  • Hyundai pauses X ads over pro-Nazi content on the platform

    The automaker Hyundai said it had paused its advertising on Elon Musk’s social media app, X, after a sponsored post from the company appeared next to antisemitic and pro-Nazi posts. Hyundai confirmed the pause in a statement to NBC News late Wednesday and said it was taking its brand safety concerns to Musk’s company. “We have paused our ads on X and are speaking to X directly about brand safety to ensure this issue is addressed,” Hyundai said in the statement. Nancy Levine Stearns, a...

  • Hyundai pauses X ads over pro-Nazi content on the platform

    Automaker Hyundai said it had paused its advertising on Elon Musk’s social media app, X, after a sponsored post from the company appeared next to antisemitic and pro-Nazi posts. Hyundai confirmed the pause in a statement to NBC News late Wednesday.

  • Dailyhunt parent acquires Magzter, grows revenue from ads to subscriptions

    VerSe Innovation, the parent firm of online news aggregator Dailyhunt and short-video platform Josh, on Wednesday said it has acquired New York-based digital magazine store Magzter.Founded in 2011, homegrown Magzter is a cross-platform, self-service, global digital newsstand with a library of over 8,500 premium magazines and newspapers. The deal, financials of which went undisclosed, marks Dailyhunt’s foray into premium content.The deal is a cash-and-stock transaction, cofounder Umang Bedi told...

  • Q1 ad rundown: there’s cautious optimism amid impending changes

    The outlook for the rest of the year is a tale of two realities.

    • Adweek

    Alphabet Grows Search and YouTube Revenue by Double Digits Amid Increased Competition

    Despite the threat posed to Google’s search dominance by new generative AI competitors, revenue from the channel soared in the first quarter of 2024. Google brought in more than $46 billion in search revenue, a 14% year-over-year increase and the most the company’s search revenue has grown in two years. Google once again branded itself as an AI-first company, with AI developments complementing, and not undermining, its ad offerings. “We have a clear path to AI monetization that includes...

  • as two new stars are added and one actor replaced amid cast reshuffle

    All three of the returning were on the soap opera for years - and one of them even performed a hit song that became inextricably connected to the series. Fans are certain to recognize these names.

    • Adweek

    Measurement Is Key to Make Streaming TV Ad Revenue Grow Even Faster

    The ecosystem of streaming television is going to continue its surge this year, with premium programmers like Max, Disney+, Peacock, Amazon Prime Video and others collectively growing 13% to $10 billion in ad revenue, according to Interpublic Group's investment arm Magna. But while this creates a host of new advertising opportunities for marketers, dozens of challenger brands like Roku and Telly and are also trying to capitalize by entering the nascent streaming space, which has led to a...

  • ProSiebenSat.1 revenues grow to $920m on ad market recovery and digital growth

    Germany’s ProSiebenSat.1 has reported a good start to 2024, with group revenues increasing by 6% to €867m (US$920m) as the advertising market shows signs of recovery. That revenue figure was an inc

    • Snopes

    Facebook Ads Falsely Claim Jaden Smith, Rowan Atkinson Died to Promote This Very Dangerous Scam

    Meta, the owner of Facebook, accepted money for ads displaying the death hoaxes. People who clicked the ads were taken to predatory scam pages.

  • France, Germany ask their citizens to quit Iran amid growing risk of military escalation in Mideast

    U.N. Secretary-General António Guterres asked for “an immediate cessation” of the hostilities, adding that “neither the region nor the world can afford another war.”