Omnicom to Acquire Interpublic in Deal That Will Reshape Advertising Industry – WSJ
Source: Suzanne Vranica and Gareth Vipers | Wall Street Journal Omnicom Group will acquire Interpublic Group…
Advertising, Branding & Marketing News
LA Times owner plans to add AI-powered ‘bias meter’ on news stories, sparking newsroom backlash – CNN
SOURCE: Liam Reilly and Jon Passantino | CNN Los Angeles Times owner Patrick Soon-Shiong,…
Major Canadian news outlets sue OpenAI – BBC
SOURCE: Holly Honderich | BBC A coalition of Canada’s biggest news outlets is suing…
Blackstone Strikes Deal for Jersey Mike’s Subs – WSJ
SOURCE: Lauren Thomas and Miriam Gottfried | Wall Street Journal Private-equity giant Blackstone said it has…
The ‘bias machine’: How Google tells you what you want to hear – BBC
SOURCE: Thomas Germain | BBC “We’re at the mercy of Google.” Undecided voters in…
EU fines Meta €797 million for Facebook Marketplace antitrust violations
On Thursday, the European Commission fined Meta Platforms €797.72 million (US$840.24 million) for antitrust…
Winemaker Duckhorn Agrees to Be Taken Private in $1.95 Billion Deal – WSJ
SOURCE: Dean Seal | Wall Street Journal Duckhorn Portfolio has agreed to be taken…
Richemont Lends A Helping Hand For Mytheresa To Acquire Yoox Net-A-Porter – Forbes
SOURCE: Pamela N. Danziger | Forbes Mytheresa just struck a deal to acquire Yoox Net-A-Porter…
PepsiCo Agrees to Buy Tortilla-Chip Maker Siete Foods – WSJ
SOURCE: Ben Dummett and Lauren Thomas | Wall Street Journal PepsiCo agreed to acquire…
Alaska closes $1.9 billion acquisition of Hawaiian Airlines after DOT blessing – CNBC
SOURCE: Michele Luhn and Leslie Josephs | CNBC Alaska Airlines closed its $1.9 billion…
Party over for Tupperware as it files for bankruptcy – BBC
SOURCE: Peter Hoskins | BBC US brand Tupperware has filed for bankruptcy as it…
Iconic firm Campbell Soup set to drop soup from name – BBC
SOURCE: João da Silva | BBC Top executives at the 155-year old Campbell Soup…
7-Eleven owner rejects $38bn buyout offer – BBC
SOURCE: João da Silva | BBC The Japanese owner of convenience store chain 7-Eleven…
Verizon Buys Frontier in $20 Billion Deal to Boost Fios, Expand Network – PCMag
SOURCE: Kate Irwin | PCMag Verizon is buying fiber-optic internet and communications provider Frontier…
Beleaguered Burberry is no longer one of UK’s most valuable public companies – CNN
SOURCE: Olesya Dmitracova | CNN Luxury brand Burberry is dropping out of Britain’s main…
Nvidia plunges almost 10% as global markets fall – BBC
SOURCE: João da Silva | BBC UK shares dropped on Wednesday morning following falls…
Mars to buy Pringles and Pop-Tart maker for $36bn
SOURCE: BBC Confectionery giant Mars has struck a deal to snap up Pringles and…
Elon Musk sues Unilever and Mars over X ‘boycott’ – BBC
SOURCE: Daniel Thomas and Michelle Fleury | BBC Elon Musk’s X/Twitter is suing a…
Google’s online search monopoly is illegal, US judge rules – BBC
SOURCE: Nadine Yousif and Michelle Fleury | BBC A US judge has ruled Google…
The world’s biggest luxury brands are hurting as Chinese shoppers rein in spending – CNN
SOURCE: Anna Cooban | CNN The value of some of the world’s best-known luxury…
A 134-year-old home goods retailer filed for bankruptcy and is closing more than 70 stores – CNN
SOURCE: Jordan Valinsky | CNN Conn’s HomePlus, a 134-year-old furniture and electronics retailer with…
Swiss Luxury Watch Market Struggles To Find A Bottom, Report Finds – Forbes
SOURCE: Garth Friesen | Forbes Secondary market prices for luxury Swiss watches continue to…
Unilever to slash a third of European workforce – BBC
SOURCE: Faarea Masud | BBC Unilever plans to cut a third of its office-based…
Hooters closes several ‘underperforming’ restaurants – CNN
SOURCE: Jordan Valinksy | CNN Hooters is the latest chain to close dozens of locations across…
Trump Media shares are in free fall – CNN
SOURCE: Matt Egan | CNN Truth Social owner Trump Media & Technology Group has…
Elon Musk is trying to woo advertisers after telling them to ‘go f–k yourself’ – CNN
SOURCE: Oliver Darcy | CNN Elon Musk told advertisers last year to “go f**k yourself.”…
Bacon ice cream and nugget overload sees misfiring McDonald’s AI withdrawn – BBC
SOURCE: Tom Gerken | BBC McDonald’s is removing artificial intelligence (AI) powered ordering technology…
More people turning away from news, report says – BBC
SOURCE: Noor Nanji | BBC More people are turning away from news, describing it…
AI took their jobs. Now they get paid to make it sound human – BBC
SOURCE: Thomas Germain | BBC If you’re worried about how AI will affect your…
Price hikes and boycotts: Is trouble brewing at Starbucks? – BBC
SOURCE: Natalie Sherman | BBC Andrew Buckley, a self-described “mocha guy”, recently swore off…
