As Brussels sets a new objective to reduce Europe’s contribution to climate change, official experts suggested that the European Union should pledge to reduce its net greenhouse gas emissions by as much as 95% by 2040. The third-largest economy in… Read More ›
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TV Ad Income Is Expected To Be Surpassed By Retail Media By 2028
By 2028, the value of worldwide advertising revenue from retailer-owned e-commerce sites is expected to surpass television revenue due to the medium’s rapid growth. The largest media buyer in the world, GroupM, predicted that advertising revenue from retail media channels… Read More ›
Accenture Plans To Invest $3 Billion In Its AI Projects
Accenture announced on Tuesday that it would double the number of staff members at the IT consulting company who work with cutting-edge technology by investing $3 billion over the course of three years in its data and AI practise. The… Read More ›
More People Look At TikTok For News, And Reports Than They Trust Traditional Media, New Study
According to a report released on Tuesday, the percentage of individuals who first receive news through a website or app has decreased by 10 points since 2018, and younger demographics prefer to access news through social media, search, or mobile… Read More ›
Reuters, Bloomberg, And The Wall Street Journal Are Prohibited From Covering The Weekend Policy Meetings By OPEC
Reporters, Bloomberg, and sources with knowledge of the situation claimed on Friday that OPEC had refused media access to reporters from Reuters, Bloomberg, and the Wall Street Journal to cover oil policy meetings in Vienna this weekend. The three media… Read More ›
EU Has Set A Deadline Of July 6 For Antitrust Satisfaction For Amazon’s iRobot Deal
According to a file made by the European Commission on Thursday, EU antitrust regulators will decide by 6 July whether to approve Amazon.com Inc.’s $1.7 billion acquisition of the company that makes robot vacuum cleaners, iRobot Corp. In August of… Read More ›
Biden Claims Congress Will Vote On The Final US Debt Ceiling Agreement Soon
The $31.4 trillion debt ceiling will be suspended until Jan. 1, 2025 thanks to a budget deal that U.S. President Joe Biden reached with House Speaker Kevin McCarthy on Sunday. Biden declared the accord to be ready for a vote… Read More ›
MediaTek Agrees To Utilise New Smartphone Technology That Arm Released
New mobile chip technology was unveiled by Arm Ltd. on Monday, and Taiwanese smartphone chip maker MediaTek Inc. announced it would use the new technology in its upcoming model. The market for premium smartphones was previously dominated by competitor Qualcomm… Read More ›
US Commerce Secretary Says Washington Will Not Bow Down To Beijing’s Embargo On Micron Chips
According to U.S. Commerce Secretary Gina Raimondo, the United States “won’t tolerate” China’s effective ban on purchases of Micron Technology memory chips and is working closely with allies to confront such “economic coercion.” In the Indo-Pacific Economic Framework negotiations, which… Read More ›
Despite The Pinch Of Inflation, UK Consumers Increase Their Expenditure
Official figures that demonstrated modest damage from the spike in inflation showed that British consumers increased the pace of their spending last month and that sales volumes during the three months to April increased by the most since mid-2021. The… Read More ›