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SoftBank Group will buy a 5% stake in ZhongAn, China’s first online-only insurance agency

SoftBank Group has agreed to be a cornerstone investor in the initial public offering of ZhongAn, China’s first online-only insurance agency, on the Hong Kong Stock Exchange today. SoftBank Group will buy a 5 percent stake in the company, or about 72 million shares, at the offer price, which is in the range of HKD... >>>

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CBS's Ten Acquisition Overcomes Legal Challenge from Local Mogul

CBS Corp. overcame a last-ditch attempt to derail its planned takeover of ailing Australian broadcaster Ten Network Holdings Ltd. after a Sydney court dismissed a challenge by local media mogul Bruce Gordon. CBS Corp. overcame a last-ditch attempt to derail its planned takeover of ailing Australian broadcaster Ten Network Holdings Ltd. after a Sydney court dismissed a... >>>

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Why authoritarian regimes borrow from advertising

Authoritarian regimes often borrow from advertising and marketing to forward their agendas, with China and Russia currently demonstrating this theory in practice, according to a paper published in the Journal of Advertising Research (JAR). Authoritarian regimes often borrow from advertising and marketing to forward their agendas, with China and Russia currently demonstrating this theory in... >>>

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Japan's Softbank wants to invest $10 billion in Uber, but only if it gets a big discount

Softbank is in talks with Uber about a massive $10 billion investment in the company, according to a report in the Wall Street Journal on Thursday.  Softbank is in talks with Uber about a massive $10 billion investment in the company, according to a report in the Wall Street Journal on... >>>

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Google sued by women for pay discrimination in potential class action suit

Three women have filed a lawsuit against Google, accusing the company of discriminating against female employees by underpaying them and denying them opportunities for promotions. The plaintiffs seek to turn their complaint into a class action lawsuit covering all women who worked at Google within the last four years. Three women have filed a lawsuit... >>>

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China internet finance body suggests framework for virtual currencies

A senior executive at China’s internet finance body has urged Chinese regulators to create a tougher framework of regulations to support the development of digital currencies amid Beijing’s crackdown on trading on virtual tender such as bitcoin. A senior executive at China’s internet finance body has urged Chinese regulators to create a tougher framework of... >>>

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Amazon's ad business is growing

Advertising accounts for only around 1% of Amazon’s annual revenues but that is set to change thanks to a combination of its unrivalled shopping data, new ad tech tools and its lead in voice technology as well as changing consumer behaviour. Advertising accounts for only around 1% of Amazon’s annual revenues but that is set... >>>

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Facebook bans monetization of violence, porn, drugs, hate

Facebook wants content creators to earn money, but not at the expense of the family friendly social network it’s built, or the integrity of its advertising clients. So today Facebook established formal rules for what kinds of content can’t be monetized with Branded Content, Instant Articles, and mid-roll video Ad Breaks. These include depictions of... >>>

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The iPhone X didn't topple the Galaxy Note 8

Samsung and Apple’s top phones look great, but both missed opportunities to wow. Samsung and Apple’s top phones look great, but both missed opportunities to... >>>

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Trump Blocks China-Backed Bid to Buy U.S. Chip Maker

President Trump on Wednesday blocked a China-backed investor from buying an American semiconductor maker over national security concerns, a rare move that could signal more aggressive scrutiny of China’s deal-making ambitions. President Trump on Wednesday blocked a China-backed investor from buying an American semiconductor maker over national security concerns, a rare move that could signal... >>>

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Brand behaviour affects purchase for 100m 'corpsumers'

For over a third of the US buying population, aged 18-80, their choice of brand will depend on broader questions around a company’s corporate values, according to new figures. For over a third of the US buying population, aged 18-80, their choice of brand will depend on broader questions around a company’s corporate values, according... >>>

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Apple starts cutting the bloat from iTunes by removing iOS App Store

iTunes for PC and Mac is putting the emphasis back on being an app for music. It’s no longer a place for you to get iOS apps, but it’s still got movies, TV shows, audiobooks, and podcasts. Today, Apple quietly released iTunes version 12.7 for both Windows and macOS, and the most immediate change is... >>>

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Bankers’ mistrust of bitcoin is still the greatest argument for it

Earlier on Tuesday, at different conferences around New York, JPMorgan Chase chief executive Jamie Dimon took aim at bitcoin, calling the cryptocurrency “a fraud” and “worse than tulip bulbs.” Earlier on Tuesday, at different conferences around New York, JPMorgan Chase chief executive Jamie Dimon took aim at bitcoin, calling the cryptocurrency “a fraud” and “worse... >>>

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Brexit sparks data concerns for marketers

Last week’s European Commission position paper on the use and protection of personal data gathered in the UK prior to withdrawal coincided with new research which warned of “serious and unintended consequences for the EU economy” if the collection and use of data in digital advertising is restricted. Last week’s European Commission position paper on... >>>

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Samsung targeting foldable Note device for 2018: Mobile boss

Samsung Electronics is targeting a 2018 launch for a foldable phone in the Galaxy Note series, the firm’s mobile boss says, but it will rollout only when ready. Samsung Electronics is targeting a 2018 launch for a foldable phone in the Galaxy Note series, the firm’s mobile boss says, but it will rollout only when... >>>

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How Cities Can Win the Fight for Amazon’s HQ2

Amazon—the world’s largest online retailer and fourth largest company as measured by market capitalization—is soliciting North American regions in a competitive selection process for a second corporate headquarters, or HQ2. Amazon—the world’s largest online retailer and fourth largest company as measured by market capitalization—is soliciting North American regions in a competitive selection process for a... >>>

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Chatbot lets you sue Equifax for up to $25,000 without a lawyer

Equifax’s security failure affected 143 million US consumers, or 44 percent of the US population. To add insult to injury, Equifax waited over a month before revealing the security breach it had suffered. If you’re one of the millions affected by the breach, a chatbot can now help you sue Equifax in small claims court,... >>>

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Interruptive mobile ads are most annoying

Ads that prevent consumers from viewing the content they want have surfaced as among the three most annoying mobile ad formats, according to new research. Ads that prevent consumers from viewing the content they want have surfaced as among the three most annoying mobile ad formats, according to new... >>>

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