China's strict zero-COVID policy complicated the global economic recovery.
Amazon.com Inc is planning to restart advertising on Twitter at about $100 million per year, pending some security tweaks to the social media company's ads platform, according to a Platformer reporter tweet on Saturday. Twitter CEO Elon Musk also said Apple Inc has resumed advertising on the platform, according to a Bloomberg report, citing comments made during a Twitter Spaces conversation on Saturday.
Shares of Taboola (NASDAQ: TBLA) soared 56% this past week, according to data from S&P Global Market Intelligence, after the advertising company struck a blockbuster deal with Yahoo!. Under the terms of the agreement, Taboola will serve as Yahoo!'s exclusive digital advertising partner across its websites. Taboola will run the native ads on Yahoo!'s properties spanning news, sports, finance, and more that collectively reach nearly 900 million monthly active users.