Posts Tagged ‘market’

Europe’s old media forge ad pacts in fight with Facebook, Google

In Britain, rival pay-TV operators Sky Plc and Virgin Media are combining information on customers to offer advertisers more insight into viewers and give them better-targeted ads. AFP In an effort to retain advertisers and slow the advance of Google and Facebook, European broadcasters are setting aside traditional rivalries to forge alliances that offer wider reach for ads and Internet-style data about audiences.

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Alibaba spending US$1bil to raise stake in South-East Asia’s Lazada

The move doubles Alibaba’s investment in Lazada after last year’s deal to buy a controlling stake in it for about US$1bil (RM4.29bil) and is a part of its efforts to boost its global sales. Reuters SINGAPORE: Chinese e-commerce company Alibaba Group Holding is investing an additional US$1bil (RM4.29bil) in South-East Asian online retailer Lazada Group, boosting its stake by nearly a third to 83% and amplifying its focus on the region.

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Wal-Mart pushing hard to catch Amazon in e-commerce

Packages moving along a conveyor belt inside a Wal-Mart fulfilment centre in Pennsylvania. The vigour of Wal-Marts online investments today contrasts with its initial reticence in e-commerce, which was due to worries that growth of online shopping would cut into sales at brick-and-mortar stores.

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Verizon Ventures and R/GA partner to launch a digital media ‘venture studio’

Verizon Ventures and R/GA are announcing a new program called the Verizon Media Tech Venture Studio. Stephen Plumlee, R/GAs global COO and managing partner of R/GA Ventures, explainedthat the interactiveagencysventure studios started out similar to other startup accelerator programs, but theyve expanded to provide access to financial capital, creative capital and client relationship capital.

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A new, affordable naming startup for startups

A few years ago, I launched a daily email newsletter, and I was ecstaticto be striking out on my own for the first time. Alas, just a few weeks after filing to secure a trademark, an officious-soundingnote appeared in my inbox, and soon after, I found myself shelling out$10,000 in lawyers fees over a short-lived trademark dispute.

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Spotify acquires audio detection startup Sonalytic

Streaming music service Spotify announced this morning it has acquired a company called Sonalytic, makers of an audio detection technology that can identify songs, mixed content and audio clips, as well as track copyright-protected material, and aid in music discovery. These features line up with services that Spotify offers, making Sonalytic a natural fit for the company.

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