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Fly News Breaks for January 15, 2020
Jan 15, 2020 | 08:03 EDT
After Google (GOOGL) announced yesterday that its plan to remove support for third party cookies from Chrome within the next two years, Morgan Stanley analyst Stan Zlotsky said he views the announcement as "a broader message to the advertising industry for further collaboration in creating a more privacy-centric web." Within that context, he views the announcement as at least a net neutral,and potentially a positive, for LiveRamp (RAMP) as the news puts a potential timeline on a resolution and a move to decreased reliance on third party cookies has long been priced into the shares. Also, an end to third party cookies would likely serve as a tailwind to LiveRamp's Authenticated Traffic Solution, said Zlotsky, who keeps an Overweight rating on the stock with a $64 price target.
News For RAMP;GOOGL;GOOG From the Last 2 Days
Jun 14, 2021 | 13:24 EDT
A coalition of technology giants including Amazon (AMZN), Facebook (FB) and Google parent Alphabet (GOOG;GOOGL) have been encouraging the SEC and Gary Gensler to urge companies to publish climate change performance reports, writes Engadget's Kris Holt. Other technology companies including Intel (INTC), eBay, (EBAY) Salesforce (CRM) and Autodesk (ADSK) signed "the joint letter to SEC and chair Gensler, added the story. "Following an SEC request for public input on such disclosures, the companies called on the agency to make businesses report their greenhouse gas emissions, harnessing existing frameworks and 'recognized global standards for required metrics, such as the World Resources Institute GHG Protocol," noted Engadget. Reference Link