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On September 3, a federal judge rejected the U.S. Department of Justices request to break up Googles (GOOG.O) online advertising business. This historic ruling effectively puts an end to nearly 20 years of antitrust risks for Alphabets Google. As early as the Obama administration, U.S. law enforcement agencies considered filing antitrust lawsuits against Google. However, judges have consistently been strongly opposed to breaking up companies, considering such remedies too aggressive. Wednesdays ruling is the latest example. Judge Leonie Brinkma took a more restrained approach in deciding how to punish Google. Last year, she ruled that Google illegally monopolized the complex online advertising market that delivers ads to websites. The Department of Justice argued that forcing Google to sell its ad exchange platform was the only way to curb its market dominance and open the market to new competitors. Brinkma disagreed. In a two-page ruling, she adopted alternative measures to limit Googles ability to control publishers use of its advertising technology.Vietnams S&P Global Vietnam Manufacturing PMI for August was 53.3, compared to 52.9 in the previous month.Trump stated he is prepared to strike Iran again, and that we have complete control of the Straits; international oil prices rebounded slightly, and a chart provides a quick overview of the pre-market conversion prices of crude oil between domestic and international markets.Japans final services PMI for August was 52.5, compared to 52.3 in the previous month.Japans final composite PMI for August was 53.5, compared to 53.4 in the previous month.

Meta Offers Instagram Content Creators New Revenue Resources

Aria Thomas

Nov 03, 2022 14:54

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In an effort to assist content creators monetize their social media presence, Meta Platforms announced on Wednesday that it will provide a number of new services to Instagram, including a system for trading digital artifacts.


Users will soon be able to support artists by purchasing their non-fungible tokens (NFTs) from within Instagram, according to the company.


The new skills will be tested with a small group of artists in the United States, the company said, adding that it intends to expand to additional countries in the near future.


Meta has added additional monetization options to its social media applications to compete with TikTok and others for talent at a time when influencers are driving advertising revenue to these platforms.


In line with this endeavor, Meta stated that it was expanding access to Instagram subscriptions to all qualified artists in the United States in an effort to assist them in generating a more stable income through the photo-sharing app.


It is also offering gifts on Instagram, beginning with Reels, so that artists have a new way to monetize their following.


In addition, the company is launching a professional mode for Facebook (NASDAQ:META) accounts, which would allow artists to have a public presence while maintaining their personal Facebook profile.

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