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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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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. The number of customers we’re serving in these categories on Walmart.com, along with the corresponding sales volume, is very different than before each acquisition,” Walmart told Bloomberg in an emailed statement. “We

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Setting Your B2B Sales Strategy in a Downturn

CFO News Room

Sellers need to avoid a spread-the-peanut-butter approach and instead concentrate resources on the most promising opportunities. We expect Google will expand its customer-facing organizations in its focus areas (cloud, search, and YouTube), even as it pares back other businesses and reduces the number of non-customer-facing positions.

B2B 100
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Visa’s Authorize.Net To Provide SMBs With Offer On Super Bowl Sunday

PYMNTS

But a number of companies encounter obstacles in accessing resources that will allow for growth over the long haul, according to the announcement, which noted that Visa’s Authorize.net helps companies “create flexible, creative digital commerce solutions to help them fast track and grow.”.

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Big Tech Compliance Tracker: UK Regulators To Form Digital Markets Unit; Italy Fines Apple $10 Million Over Claims About iPhone Water Resistance

PYMNTS

The rules, which are set to take effect in the spring, will provide consumers with the right to opt out of tailored advertising and make firms share more about the way in which they harness consumer data, among other elements. But there is growing consensus in the U.K. But there is growing consensus in the U.K. According to the U.K.

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Adweek On The Pandemic-Driven Digital Media Subscription Surge

PYMNTS

The number of digital subscriptions reached a record 5.7 Jeff Litvack , CEO of Adweek , a New York-based advertising trade publication, said he’s not surprised by the digital successes of these news operations. The key, Litvack said, is not just hiring journalists but also bringing on board reporters who concentrate on specific beats.