FMCG news

• Facebook warned by the Belgian court to quit tracking people or pay €100m fine

  17-02-2018 13:03
  The Brussels Court of First Instance, which has jurisdiction in all disputes that are not assigned by law to other courts, has warned Facebook to quit tracking Belgian citizens' online habits, and to delete all the data it holds on them, or else it will have to pay a €100m fine.
  The news comes after a German court declared Facebook’s data collection policies in support of advertising to be illegal, dealing a significant blow to the social media powerhouse.
  It was the Belgian Privacy C
  
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• Uber to sell Southeast Asia business to rival Grab in anticipation of IPO

  17-02-2018 12:03
  After its merger with Didi Chuxing in China, Uber is set to sell its Southeast Asian business to rival Grab in exchange for a majority stake.
   
  The move has been hailed as a strategy  to help Uber manage its costs in preparation for an IPO as soon as next year. However, the deal hasn't been finalised yet, as reported by CNBC.
   
  The merger will further help Japanese tech giant SoftBank which is building a significant portfolio in ride-sharing companies as it  ow
  
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• Amazon, Twitter, Verizon and Facebook to compete for NFL live stream rights

  17-02-2018 11:09
  Amazon, YouTube, Verizon and Twitter are in contention to bid for streaming rights for NFL's Thursday Night Football as reported by Bloomberg.
   
  All three social media giants are reportedly bidding hundreds of millions of dollars for the five-year contract. 
   
  Twitter has already paid $10m for NFL's digital streaming rights in 2016 while Amazon won them in 2017 for $50m. NFL is seeking help from its TV rights partner, 21st Century Fox, to make a decision.
   
  Meanwhile, Yo
  
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• Indian advertising spend to grow 13% in 2018

  17-02-2018 07:33
  India’s advertising investment is set grow 13% in 2018, according to GroupM's ‘This Year, Next Year’ (TYNY). 
  GroupM estimated that ad spending in 2017 grew at 10%. Meanwhile, the digital adex (advertising expenditure) will continue to grow by 30% in 2018 while video advertising will increase by 54% as a result of internet penetration. 
  FMCG continues to be the largest contributor to the Indian adex at 27% followed by e-commerce and auto at 8% and retail at 7%.
  C
  
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• Center Parcs pulls ads from Daily Mail over Tom Daley column

  17-02-2018 07:12
  Center Parcs has pulled its advertising from the Daily Mail after appearing next to a controversial column by Richard Littlejohn, which it said was "completely unacceptable". 
  Titled 'Please don’t pretend two dads is the new normal,' Littlejohn criticised Olympian Tom Daley and his husband Dustin Lance Black after they announced they were expecting their first child. 
  In it, he said: “I still cling to the belief that children benefit most from being brought up by
  
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