While Publicis is putting its name on the fund, the French advertising group is hoping to raise money from other media companies to bump up the pot. Projects will be short-listed by regional juries after deadline for submissions ends in February 2016, and finalised by a global jury later on. €10m (£765k) have been earmarked for the fund, which will be handed out to 90 young entrepreneurs and startups in chunks between €10,000-€500,000 each. Not just through investment, but also by putting Groupe resources at their disposal for a year", Publicis CEO Maurice Lévy, explains. "The idea is to help young entrepreneurs achieve their goals. The advertising group is establishing a fund with the intention of financing and mentoring digital enterprises. Vestager’s speech hints that the EU could target big data as an anti-trust issue in the future – which would impact the big players in digital advertising significantly. However, in both cases, the authorities found no reason for concern. In her speech, Vestager questioned why access to big data seems to be controlled, preventing competitors from gaining equally good information, and cited two merger cases, which the commission had looked at in this respect, Google's acquisition of DoubleClick, and Facebook's purchase of WhatsApp. “If just a few companies control the data, you need to satisfy customers and cut costs, that could give them the power to drive their rivals out of the market”, the competition commissioner said, and added: “If a company’s use of data is so bad for competition that it outweighs the benefits, we may have to step in to restore a level playing field.” While no formal investigations have been launched by the authorities so far, this could change in the future, Vestager said. With their third-generation ad exchange, Coull are hoping to address the big issues of the last year, namely fraud, viewability and brand safety, by validating inventory against corresponding metrics.ĭoes the wealth of knowledge derived from big data give large internet companies a competitive advantage? The EU seems to think so, and the European regulatory authorities are keeping big data providers in their sights for future investigation.Įuropean competition commissioner, Margrethe Vestager, was speaking at the Munich Digital Life Design conference last week and told attendees that the EU is aware of potential competitive imbalance caused by large internet companies that are able to amass personal data. "We’re innovators in the video ad space, having already developed unique pre-bid viewability tech, unique non-linear ad formats, and now our third-generation video ad exchange that provides transparent trading and enriches every ad request with data-driven tech”, comments Irfon Watkins, founder and CEO. According to Coull, the funding comes from current investors, as well as new shareholders, and is earmarked for continued development of their service. The ad tech platform has just announced additional investment, amounting to USD$6.3m. The new year starts for Coull with new multimillion dollar investment and the launch of their third-generation video ad exchange. In this week’s edition: January funding round for Coull EU scrutinises big data Publicis launches fund for startups Google AMP is one month away and new head of programmatic for Teads. Replace zip packs, including LPA120 form, to reflect new power of attorney application fees from 1 Otober 2013.ExchangeWire rounds up some of the biggest stories in the European digital advertising space. New versions of PFA pack, HW pack, form LPA 111 and LPA112 Lasting power of attorney (LPA) forms changed on 1 July 2015.There is now just 1 paper form to make and register an LPA instead of 2. LP12 guide now includes OPG's information charter. The title of the page has been amended to make it clear that these are the paper forms to create a lasting power of attorney, as opposed to the title for the digital service.Īdded instructions for opening zip files and simplified some attachment names.Īdded large print LPA pack and instructions for opening zip files. Updated 'LP12 Make and register your lasting power of attorney: a guide'.Īdded translation and changed fee levels on documents Removed 'Before you sign' and 'LP3' tables to improve accessibility Update to LP12 PDF and HTML- new guidance on discretionary investment management. Slight update to LP12- removal of wording within section A7. Also updated zip files for PFA and HW LPA packs. Edited Welsh HTML version to match the English version.
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