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  • Vice Abandons SPAC Plans; Databricks Valued At $38 Billion In Latest Round

    Here’s today’s AdExchanger.com news round-up… Want it by email? Sign up here. SPAC’s All Folks Vice Media officially nixed plans to go public via a special purpose acquisition company (SPAC), at least for now, The Information reports. However, Vice did raise an additional $85 million from existing investors. A portion of those funds are earmarked for […]

  • Clues Emerge On Coronavirus Ad Impact; Holding Cos Push Back On Cannes

    Here’s today’s AdExchanger.com news round-up… Want it by email? Sign up here. News Pile On Media companies and tech platforms are seeing more site and app engagement during the coronavirus epidemic, but revenue is not rising with supply. Facebook said messaging across its apps is up 50% in countries hit by the virus, but monetization is […]

  • Turn Raising New Round At $650M-$700M Valuation

    Turn Inc. is seeking new funding at a valuation up to $700 million, ahead of a probable IPO in 2014. Sources say the demand-side (DSP) and data management platform (DMP) company has been calling on investors in recent months seeking a new strategic round. These investors have gotten a peek under the hood at Turn’s […]