Lots of CDP and near-CDP news today. Let’s start with a “strategic initiative” between CDP RedPoint Global and enterprise preference manager PossibleNOW to cooperate on meeting some requirements of the GDPR privacy regulations. PossibleNOW provides the use interface and consent management while RedPoint connects with corporate data.

Facebook has more troubles on the political front: the latest is a planned French law that requires they remove hate content within 24 hours or pay fines up to $62 million per incident. A similar German law is already in effect. Further clarifying who’s in charge, the law would also use government resources to find offensive content and empower the government to shut down hateful accounts when the social network fails to act. Can you hear me now?

Martech keeps taking larger bites out of marketing budgets: 17.3% last year, 19.9% this year, 23.5% next year, and 30.9% five years from now, according to the latest CMO Survey. This despite barely more than half (56.4%) of current tools being used and nearly half (48.8%) of the survey respondents reporting worse-than-expected results. Oddly enough, marketers rate selecting marketing technologies as the thing they do best.