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10 Monday AM Reads

Barry Ritholtz

My back-to-work morning reads: • How to Tweak Your Investments for a More Normal Market : Convert a traditional IRA to a Roth IRA; Higher interest rates means cash gets a respectable yield; Revisit concentrated positions; consider adding international stocks; buy longer-dated Treasuries.

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UK Digital Markets Unit To Tighten, Enforce Big Tech Competition Rules

PYMNTS

and abroad that the concentration of power amongst a small number of tech companies is curtailing growth in the tech sector, reducing innovation, and potentially having negative impacts on the people and businesses that rely on them.". The rules are set to take effect in April.

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Digital Ad Spending Now 51 Pct Of US Total For First Time

PYMNTS

advertising spending this year, or 51 percent, will go to Big Tech, such as Amazon , Google and Facebook , as the pandemic drastically affects the industry, according to The Wall Street Journal (WSJ). This is the first time that milestone has been reached, WSJ reported, with digital advertising clearly on the rise over older forms.

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Use of On-Demand Execs is a Growing Trend | Indianapolis Business Journal

Focus CFO

FocusCFO is primarily concentrated on fractional financial executives, though it also supplies CFOs as project consultants and project consultants and interim executives. Clients span a variety of industries, including manufacturing, advertising, health care, real estate and others. .

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Facebook CMO Leaving To Focus On Promoting Diversity In Tech

PYMNTS

” He continued: “I will devote the next chapter of my professional life to helping companies and agencies in the marketing and advertising industries accelerate their transformation and to drive holistic and profound change. “In leaving Facebook, I am nothing but grateful,” he wrote.

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Morgan Stanley Sees Potential In Instagram eCommerce Future, Raises Facebook Target

PYMNTS

Nowak thinks the eCommerce strategy Facebook wants to get going on Instagram advertisements will add $4 billion of revenue in 2021. “We Nowak said advertisers could potentially be willing to pay up to 10 percent commission on sales from click-through ads. Most advertisers only see a 3 to 6 times return.

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Walmart Divests Of Shoes.com, Bare Necessities Brands As Part Of Digital Streamlining

PYMNTS

Walmart is selling two of its online brands in a continuing goal to concentrate on its website. Bloomberg reported Thursday (Aug. 27) that the Arkansas-based retail giant is scrapping Shoes.com and Bare Necessities, the intimate apparel brand. We believe a potential relationship with TikTok U.S. government regulators.”.