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In Brief: The US House, in a first-ever proposed company divestiture vote, approved a bill proposing a forced sale or ban of TikTok, which is owned by the Chinese company ByteDance

Opponents claim this is government overreach and possibly unconstitutional.  Senate passage is uncertain.

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Children’s Privacy: Maryland passes children’s privacy bill that’s sure to be challenged

March 19, 2024

Maryland’s legislature unanimously endorsed a children’s privacy bill, which has been called the Maryland Kids Code, which if passed into law would make it the second US state after California to have specific children’s privacy protection. Key tenets are that companies would not be allowed to profile children for ads, not be allowed to track their location in real time, and they would be required to turn on the highest privacy settings by default for young users. However, opponents led by NetChoice are already gearing up to oppose the bill.

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Zeta Global to Buy LiveIntent for $250 Million

October 9, 2024

CDP and marketing cloud vendor Zeta Global announced an agreement to purchase LiveIntent, which helps companies do email-based advertising.  The deal will let Zeta expand its identity graph, enter the publisher monetization business, and accelerate its mobile and retail media products.  Zeta will pay $77.5 million in cash and $172.5 million in common stock, with potential for additional payments based on performance.

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