Meta faces a fine of 800 million euros (about $840 million) after E.U. regulators found it in breach of competition law by exposing Facebook Marketplace to millions of users in its wider social networks. The E.U. seeks to prevent businesses with dominance in one area (like social media) to use it to gain dominance in another area (in this case shopping). This comes as India levies a modest $24.5 million fine over WhatsApp data sharing.
Twenty percent of Americans are routinely getting news from social media influencers, a figure that rises to 37% of adults under 30, says a Pew research study. But stop clutching those pearls: it turns out that influencers skew just slightly conservative (27% vs 21% liberal), liberals and conservatives are about equally likely to get their news from influencers, and most people (61%) say they get an even mix of opinions they agree and disagree with. Other Pew research finds that news websites or apps are still the most-preferred news source... Read More >
CDPs and analytics tools tie (37%) for the most essential components of the martech stack in a survey of 625 marketing leaders by digital experience platform Sitecore. Many other stack tools, however, were getting lower scores for delivering excellence, with DX tools at the bottom of the list (only 22%). Improbably, another data point showed 48% of those surveyed listed security as the number one consideration when choosing DX tools.
Enterprise AI vendor Uniphore has acquired CDP ActionIQ and cloud data engineering system Infoworks. The combination of products will create a Zero Data AI Cloud that simplifies AI deployments by enabling companies to access data for AI projects without moving it from existing systems. Prices were not announced.