Alphabet reports Google advertising revenue down 4% YoY from $61.2B to $59B, below analyst estimates of $60.4B, and Google Search revenue down 2% YoY to $42.6B
Mediagazer presents the day's must-read media news on a single page.
The media business is in tumult: from the production side to the distribution side, new technologies are upending the industry. Keeping up with these changes is time-consuming, as essential media coverage is scattered across numerous web sites at any given moment.
Mediagazer simplifies this task by organizing the key coverage in one place. We've combined sophisticated automated aggregation technologies with direct editorial input from knowledgeable human editors to present the one indispensable narrative of an industry in transition.
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Jesse Hamilton / CoinDesk:
Ripple's Singapore arm secures a license as a major payment institution from the Monetary Authority of Singapore, after an in-principle approval in June 2023
Nikhilesh De / CoinDesk:
A US judge rejects the SEC's motion to file an interlocutory appeal against July 2023's Ripple ruling and sets an April 2024 trial date to resolve other issues
Sources: Anthropic is in talks to raise $2B+ from Google and others, at a $20B to $30B valuation, and projects generating $200M in revenue by the end of 2023
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