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fromTheWrap
12 hours ago

Penske Media Sues Google Over Accusation of Digital Ad Market Manipulation

Penske Media Corp., the publisher of entertainment and culture brands including Rolling Stone, Variety and The Hollywood Reporter, sued Google on Monday, accusing the tech giant of illegally monopolizing the digital advertising market and depriving publishers of billions of dollars in revenue. Filed in federal court in Manhattan and obtained by TheWrap, the lawsuit alleges Google used its dominance to rig digital ad auctions, suppress prices paid to publishers and shut out competitors.
Law
Marketing tech
fromExchangewire
6 months ago

Digest: Google Offers Search Overhaul to Dodge EU DMA Fine and Pulls Out of Deal with Aussie Publishers; Apple Mulls Perplexity AI Acquisition

Google plans a search overhaul to comply with EU regulations and avoid fines.
Google has withdrawn from an agreement with Australian publishers that complicates negotiations.
Apple is considering acquiring Perplexity AI amidst shareholder litigation related to AI disclosures.
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