Facebook, Facebook, Facebook. On today’s show, we’ll look at news that the European Union is fining the social media giant $122 million following its purchase of the messaging service WhatsApp back in 2014. This marks the first time a company has been penalized by the European Commission’s merger regulation law. There are also reports that the company has mischarged advertisers for the 10th time in less than a year. Marketplace’s Molly Wood explains how this incident illustrates the uncertainties in digital advertising — and how television advertisers might use this to their advantage. Plus: We discuss whether it’s a good or bad thing that Americans are borrowing at record levels.
Facebook, Facebook, Facebook. On today’s show, we’ll look at news that the European Union is fining the social media giant $122 million following its purchase of the messaging service WhatsApp back in 2014. This marks the first time a company has been penalized by the European Commission’s merger regulation law. There are also reports that the company has mischarged advertisers for the 10th time in less than a year. Marketplace’s Molly Wood explains how this incident illustrates the uncertainties in digital advertising — and how television advertisers might use this to their advantage. Plus: We discuss whether it’s a good or bad thing that Americans are borrowing at record levels.
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