Top News:
Paul Sandle / Reuters:
UK launches the Digital Markets Unit, tasked with halting anticompetitive acts by Big Tech, starting with platform relationships with publishers and advertisers — LONDON (Reuters) - Britain's new regulator for tech giants Facebook and Google launches on Wednesday with an initial remit …
Discussion:
GOV.UK, TechCrunch, Engadget, @damiancollins, @kwasikwarteng, @dcms, @cmagovuk, Al Jazeera and Wall Street Journal, more at Techmeme »
Scott Roxborough / Hollywood Reporter:
WarnerMedia revives the Hanna-Barbera name for its London animation studio, previously Cartoon Network Studios Europe, as it concentrates on original animation — Vanessa Brookman will head up the London-based Hanna-Barbera Studios Europe, named after the cartoon studio behind such classics as ‘Scooby-Doo’ and ‘The Flintstones.’
Discussion:
Variety, Deadline, @naidalumia, @nickandmore and @stormtheartist
Maria Armental / Wall Street Journal:
Patreon raises $155M Series F led by Tiger Global Management at a $4B valuation, up from $1.2B in September, bringing its total raised to $411M — Online company raises $155 million in latest round, led by new investor Tiger Global Management — Patreon Inc., an online platform …
Discussion:
TechCrunch, Bloomberg, Variety, @samyamiam, @alexisohanian, @danprimack, @ljin18, @caseynewton, @jpgg and @carnage4life, more at Techmeme »
David Meyer / Fortune:
Max Schrems' non-profit Noyb files a complaint with the French privacy watchdog, claims Google's Android Advertising Identifier violates EU's ePrivacy Directive — Our mission to make business better is fueled by readers like you. To enjoy unlimited access to our journalism, subscribe today.
Discussion:
Engadget, Light Reading and noyb.eu, more at Techmeme »
Lacey Rose / Hollywood Reporter:
Jon Stewart's forthcoming current affairs series, set to debut this fall on Apple TV+, will be titled The Problem With Jon Stewart — The current affairs series, which Stewart will host and executive produce, will carry the name ‘The Problem With Jon Stewart.’ — Jon Stewart has settled on a name.
Discussion:
MacRumors, The Verge, @appletv, @anthony, @stevenbeynon and @loudmouthjulia
Thomas Moore / The Hill:
Scripps says its streaming channel Newsy will offer over-the-air broadcasts starting October 1 and Newsy's HQ will move from Columbia, MO to Atlanta — Streaming channel Newsy will offer over-the-air broadcasts starting Oct. 1, parent company E.W. Scripps announced on Tuesday.
Salvador Rodriguez / CNBC:
Pew: YouTube usage grew from 73% of US adults in 2019 to 81% in 2021, with 95% of 18- to 29-year-olds using the service; 21% use TikTok — - YouTube saw the most significant growth of any social media app among American users during the pandemic, according to the Pew Research Center.
Discussion:
@lrainie, MediaPost, Engadget, Pew Research Center and Pew Research Center, more at Techmeme »
Engadget:
Pinterest says it is starting a Creator Fund, which will pay $500K in cash and media, starting with eight influencers from under-represented backgrounds — Of all the social media platforms, Pinterest might be the least reliant on the kind of influencer culture associated with Instagram, YouTube and others.
Discussion:
@pinterest, @mariejoelle, @caseynewton and @taylorlorenz, more at Techmeme »
Katie Roof / Bloomberg:
Sources: Clubhouse is in talks to raise funding from investors in a round valuing the business at about $4B, following its reported valuation of ~$1B in January — Clubhouse, the buzzy audio-based social network, is in talks to raise funding from investors in a round valuing the business …
Discussion:
@mathewi, Insider, @dgisserious, @justinhendrix, Loot Box Investing, Clubhouse Convos, @alexrkonrad, @jeffjarvis, @paul__armstrong, @jacobwolf, @ericbahn, @jamespindell, @jaykapoornyc, @pkafka, @mcwm, @chrismessina, @thekenyeung, @joshsternberg, @scottnover, @profgalloway, @mhbergen, @levynews, @rolandsmartin, @exavierpope and Gizmodo
Megan Graham / CNBC:
Report: digital ad spending grew 12.2% YoY in 2020 to $139.8B, as H2 political ad spending offset the H1 falloff; top 10 companies held 78.1% share of revenues — - Despite an initial falloff due to the Covid pandemic, digital advertising spending grew 12.2% year over year in 2020 …
Discussion:
MediaPost, @timseymour, @megancgraham and @juokaz, more at Techmeme »
Naman Ramachandran / Variety:
India quietly scraps the censorship appeals body Film Certification Appellate Tribunal; aggrieved filmmakers will now have to go to court — The Indian federal government has passed an order that scraps the Information and Broadcasting ministry's Film Certification Appellate Tribunal (FCAT) …
Discussion:
Forbes