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Amazon launches global media review Omar Oakes Amazon has reportedly contacted agencies about its $1bn (£760m) global media planning and buying business, putting Initiative on alert in the UK. | |
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Facebook profits rise 70% as it hits 2bn monthly users Maisie McCabe Facebook's ad revenue surged by almost 50% year on year in the second quarter of 2017 to $9.2bn (£7bn), as its profits climbed 71%, but the platform warned the rise of video on the platform could slow growth. | |
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Guardian bolsters digital and cuts losses by third Ben Bold Guardian Media Group has boosted its annual group revenues by 2% and digital revenues by 15%, while cutting its operating loss by more than a third, after attracting 400,000 paying readers and strong international growth. | |
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