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In 2024, global advertising sales exceeded one trillion dollars for the first time! Google, Meta, and Amazon hold a 40% share.
A new report from global media investment group GroupM expects global advertising revenue to grow by 9.5% this year, reaching $1.04 trillion, surpassing the trillion-dollar milestone for the first time.
A deep dive into the first "AI and cryptos czar" of the usa! In addition to cryptos, the venture capital under his name has also invested in these 12 giant stocks in the usa.
This article will take you to understand this "AI and cryptos czar," and how his policy advocacy and the companies he invests in will drive the future of the cryptos and AI industries.
KuCoin Lists Ponchiqs (PONCH): Enriching Blockchain Entertainment With Meta-Universe
Brussels Seeks More Information on Secret Google-Meta Ads Deal Targeting Teens, FT Reports
The european commission is investigating the secret trade of personalized advertisements involving Google and Meta (META.US) concerning teenagers.
The european Commission has requested that Google provide more information regarding the secret advertising collaboration with Meta (META.US), believing that this collaboration bypassed regulations concerning online protection for minors, which raises the possibility of an official investigation into Google. It is reported that the European Commission is investigating a series of advertising campaigns promoting Instagram to teenagers on YouTube, and in October, European regulators requested the lawyers of Google's parent company, Alphabet (GOOGL.US), to review and organize data, presentations, internal communications, and emails related to these advertising activities.
Italy has concluded its investigation into Meta for allegedly evading taxes amounting to 0.8876 billion euros.
Gelonghui, December 10 | According to Reuters, the Milan prosecutor's office in Italy announced on Monday that it has concluded its investigation into the alleged tax evasion of €0.8876 billion by Meta, the parent company of Facebook, involving two executives from its Irish subsidiary. The conclusion of the investigation is a formal step before the prosecutor makes any trial requests. Although this amount is not significant for a company that reported over $32 billion in revenue last year, this case could have broader implications for the entire industry, as it depends on the services Meta provides, such as Facebook and Instagram.
The EU investigates the secret advertising cooperation between Google and Meta.
On December 10, Glance Group reported that European regulators are requiring Google to provide more information about its secret advertising partnership with Meta, which bypassed the company's own regulations regarding online advertising to minors, increasing the likelihood of a formal investigation into the tech giant. Officials from the European Commission have been investigating a series of advertising campaigns promoting Instagram to teenagers on YouTube. According to insiders, last October, the European Commission's regulators requested that lawyers for Google's parent company Alphabet review and organize data, presentations, and internal chats related to the advertising campaigns.
Express News | European regulatory authorities are reportedly investigating the advertising agreement between Google and Meta aimed at teenagers.
Those Who Invested in Meta Wolf (FRA:WOLF) Five Years Ago Are up 171%
Express News | According to reports, Brussels is investigating Google's and Meta's secret advertising trades targeted at teenagers.
Express News | Brussels Probes Google and Meta Secret Ads Deal to Target Teens - FT
Market Chatter: Italy Concludes Tax Evasion Probe on Two Irish Unit Execs at Meta Platforms
Italian Authorities Target Meta's Digital Service Tax Practices
Express News | The Malaysian Parliament has passed the Expanded Network Control Bill.
Meta Platforms(META.US) 10% Shareholder Sells US$44.29 Million in Common Stock
$Meta Platforms(META.US)$ 10% Shareholder Zuckerberg Mark sold 35,921 shares of common stock on Dec 5, 2024 at an average price of $611.0628 for a total value of $21.95 million.Source: Announcement
Oracle Shares Slump Despite New Meta AI Contract
Top 20 in turnover | Apple hits a new high! Market cap surpasses 3.7 trillion USD; microstrategy falls over 7%.
On Monday, in the U.S. stock market, nvidia ranked second with a decline of 2.55%, trading at 26.187 billion dollars; palantir ranked third with a decline of 5.08%, trading at 12.545 billion dollars; and Applovin ranked tenth with a decline of 14.68%, trading at 5.655 billion dollars.
U.S. stocks closed lower: all three major indexes fell, Chinese concept stocks celebrated all night, and the Golden Dragon Index surged by 8.5%.
① The nasdaq china golden dragon index rose by 8.54%, while the ftse china 3x long etf (YINN) increased by 23.78%; ② OpenAI officially launched the AI video generation model Sora; ③ A man involved in the murder case of the insurance giant's CEO in New York was arrested in Pennsylvania; ④ mondelez international is reportedly exploring the acquisition of the usa chocolate producer hershey.
US Rep. Jared Moskowitz Discloses Buys of Several Mag 7 Stocks
Meta Platforms Options Spot-On: On December 9th, 283.46K Contracts Were Traded, With 2.28 Million Open Interest
On December 9th ET, $Meta Platforms(META.US)$ had active options trading, with a total trading volume of 283.46K options for the day, of which put options accounted for 37.14% of the total