Facebook also agreed to pay $100 million to settle SEC charges of misleading statements about its misuse of consumer data. Read the whole story

Facebook, Alphabet/Google, Amazon, Apple and others could also face scrutiny by the FTC in some areas. Stocks were down in after-hours trading. Read the whole story

Amazon top-of-search ad placements accounted for just 3% of impressions but 35% of clicks and 45% of spend for Q2 2019, according to data … Read the whole story

"The growth in our community, engagement and revenue is the result of several transitions we completed over the past 18 months," said Evan Spiegel, … Read the whole story

Christian Juhl succeeds Kelly Clark as Global CEO effective October 1. Juhl is currently CEO of GroupM media agency Essence. Read the whole story