It's becoming nearly impossible for tech startup to complete with established giants like Facebook and Google, The Wall Street Journal suggests.

The New York Times looks into services like Cameo and Substack, which are helping media figures and personalities effectively capitalize on small audiences.

Acxiom and Matterkind are partnering with a new addressable media solution for Acxiom clients. Media buys conducted through the Addressable Advertising service will be powered by Matterkind.

A court in the Netherlands has ordered a grandmother to delete photos of her grandchildren on Facebook and Pinterest. The GDPR does not apply to the “purely personal” processing of data, but the judge ruled that it did in this case. 

Netflix plans to begin pruning inactive accounts, CNBC reports. "Netflix will start asking customers who haven't used its platform in the past year if they want to keep their subscriptions," it writes.

Magic Leap lead has raised another $350 million for new and existing investors, The Information reports.

During its fiscal fourth-quarter revenue, Chinese ecommerce giant Alibaba beat analysts' expectations, Reuters reports.

Ecommerce platform Ecwid, a rival to Shopify, has pulled in $42 million in funding after seeing marked growth during the COVID-19 outbreak. The round was led by Morgan Stanley Expansion Capital and PeakSpan Capital.

During its fiscal-fourth quarter, Take-Two Interactive reported net bookings of $729.4 million, which was up 49% year-over-year, Venture Beat reports.

YouTube will now let users set bedtime reminders to help them avoid staying up all night watching videos, Engadget reports.