Google and other online giants should be taxed for the news they use from other media organisations, according to an independent think tank. The ResPublica report, Virtuous Media: How to improve plurality and transparency, says a 1% levy could be used to help pay for the journalism the companies benefit from.
Snapchat has raised $1.8 billion in a funding round that is likely to make it the world's fifth most valuable so-called unicorn. The cash injection, which is more than double the $850 million it raised in previous funding rounds, was disclosed yesterday in a regulatory filing. About 110 million people use the app for disappearing photo and video messages every day, including 35 million in Europe.
Despite consumers' concerns about the impact that a possible Brexit could have on the economy, this has not curbed their spending, according to the latest consumer confidence figures. GfK's monthly consumer confidence index found that people's propensity to make a big purchase increased by four points to +9 in May compared to the previous month and by seven points from a year ago.
DMGT, which owns the "Daily Mail," MailOnline and "Metro," reported a GBP18m (13%) decline in print advertising revenue for the six months ending in March 2016, to around GBP120m. There was a 15% decline in the quarter ending in March 2016. Circulation revenues were 3% lower due to the continued decline in the circulation volumes of the "Daily Mail" and the "Mail on Sunday."
Facebook will begin tracking people without Facebook accounts across the Web as the social media giant expands its advertising empire. The company's advertising network plans to install pieces of code known as "cookies" on Internet users' browsers, even if they do not have Facebook accounts, it has announced.
LinkedIn has advised users to strengthen passwords following a major security breach in which over 100 million emails and passwords were stolen. Last week a hacker using the pseudonym Peace tried to sell 117 million LinkedIn accounts on the dark Web after a hack in 2012.
Figures published today (26 May) by the Advertising Standards Authority (ASA) show that the number of online ads investigated by the body is more than double the total for TV -- the second-most complained-about medium. Some 8,633 online ads were subject to investigations, while the number for TV ads was 3,920.
Women are responsible for half of all misogynistic Tweets using the words "slut and whore," a new study has found. The study, performed by respected UK think tank Demos, monitored UK Twitter over three weeks and found that found 6,500 unique users were targeted by 10,000 misogynistic and aggressive Tweets. 50% of the aggressors were women.
Netflix and Amazon's European operations will have to guarantee that at least 20% of video content is from Europe. European regulators are introducing the new rules to make the new wave of digital on-demand and streaming services adhere to the same, or similar, commitments that traditional TV broadcasters are forced to follow in Europe.
The mobile operator, which was last month denied in its attempt to take over rival O2, has revealed the next step in its attempt to "revolutionise the mobile advertising experience" by trialling Shine Technologies ad-blocking technology on its network from next month.It announced the tie-up in February and spun it as a brand play to attract consumers with the promise of a better ad experience.