Tag Archives: Billion

TikTok denies security breach after hackers claim to have records of more than a billion users

Microsoft found a severe one-click exploit in TikTok’s Android app Thankfully, TikTok patched the vulnerability. I. Bonifacic @igorbonifacic   NurPhoto via Getty Images A serious vulnerability found by Microsoft in the TikTok Android app could have allowed hackers to hijack millions of accounts. On Wednesday, the company’s 365 Defender Research Team detailed a one-click exploit … Continue reading TikTok denies security breach after hackers claim to have records of more than a billion users

US martech spending set to break $20 billion this year; growth slowing

This is a 14.3% increase from 2021 when spend was up 20.9% Constantine von Hoffman on September 9, 2022 U.S. marketing technology spending is expected to increase a healthy 14.3% this year — surpassing $ 20 billion, according to industry research eMarketer. But marketing technology spending increases in 2022 won’t match earlier years. Spending increased … Continue reading US martech spending set to break $20 billion this year; growth slowing

US investors earn $46 billion by trading crypto in 2021

Alejandro Arrieche Last updated: 21 April 2022 The United States has become the global leader in terms of realized crypto gains in 2021 as revealed by research from the blockchain data analytics firm Chainalysis. In a report released on 10 April, the Coatue-backed research firm estimated the gains obtained by investors by trading cryptocurrencies last … Continue reading US investors earn $46 billion by trading crypto in 2021

Meta asks court to intervene in $7 billion lawsuit over Facebook audience numbers

Says group is too diverse to be granted class-action status. Constantine von Hoffman on April 18, 2022 Meta is asking an appellate court to overturn a ruling granting class-action status to a lawsuit claiming Facebook inflated advertising numbers.  The company filed papers on Friday with the 9th Circuit Court of Appeals for permission to immediately … Continue reading Meta asks court to intervene in $7 billion lawsuit over Facebook audience numbers

Apple privacy protections expected to cost big tech firms $16 billion in coming year

ATT expected to cost Facebook $12.8 billion in coming year. Constantine von Hoffman on April 15, 2022 Apple’s privacy-protecting Identifier for Advertisers (IDFA) is expected to cost tech companies $ 16 billion in the coming year, an increase of 9%, according to a report by data solutions provider Lotame. However, a separate academic study has … Continue reading Apple privacy protections expected to cost big tech firms $16 billion in coming year

Sony Invests $1 Billion in Epic Games to ‘Build the Metaverse’

Michael Abetz Last updated: 14 April 2022 Japanese corporation Sony is the latest multinational company to signal an interest in the metaverse, investing $ 1bn in Epic Games. Known for creating the PlayStation, the Sony Group recognised Fortnite and Unreal engine developers Epic Games as leading the way in the metaverse sector, and wanted a … Continue reading Sony Invests $1 Billion in Epic Games to ‘Build the Metaverse’

2 Billion Active On-Demand Video Services To Create Next-Gen Performance Marketing

2 Billion Active On-Demand Video Services To Create Next-Gen Performance Marketing by Laurie Sullivan , Staff Writer @lauriesullivan, January 03, 2021 Juniper Research released data Monday that forecasts nearly 2 billion active subscriptions will use on-demand video services in 2025 — up 65% compared with 2020. Driving the growth are traditional broadcasters that increasingly turn to streaming … Continue reading 2 Billion Active On-Demand Video Services To Create Next-Gen Performance Marketing

Holiday Sales To Surpass $189 Billion Online, Adobe Forecasts

Holiday Sales To Surpass $189 Billion Online, Adobe Forecasts by Laurie Sullivan , Staff Writer @lauriesullivan, October 28, 2020 New online shoppers will provide an interesting opportunity for advertising, at about 9%, as holiday online consumer spend reaches $189 billion this year — up 33%, according to Adobe’s most recent forecast. Those shoppers, who are new … Continue reading Holiday Sales To Surpass $189 Billion Online, Adobe Forecasts