News digest 22.11.2021

INDIA EYES PROHIBITING IRRESPONSIBLE CRYPTO ADS

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A consensus has been reached by several stakeholders including New Delhi that irresponsible advertisements are misleading youths in the nation and must be stopped
Lawmakers in India have also expressed concerns around potential misuse of using crypto trading vehicle for laundering money and financing terrorism efforts.

APPLE QUIETLY BUYING ADS VIA GOOGLE FOR HIGH-VALUE SUBSCRIPTION

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According to Forbes information, Apple is secretly buying Google ads for high-value apps to collect potentially millions of dollars in subscription revenue.
Apple is placing the ads without the app developers’ consent, and Google won’t delete them, they say.

CHINESE E-COMMERCE GIANTS REPORT NEW RECORDS AFTER 11.11

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Alibaba's sales amounted to $84.5 billion, an increase of 8% over the year, while JD.com's sales amounted to $54.6 billion, an increase of 28%.
However, for Alibaba, this growth rate is the smallest in history, JD.com it also slowed down in comparison with 2020. The slowdown in growth is associated with the tightening of regulatory measures.

FACEBOOK AND INSTAGRAM GATHERING BROWSING DATA FROM USERS UNDER 18

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This is done using software that tracks activity when browsing the web.
Meta's services can find out what a child is looking for on the Internet, what products he buys or just puts in the basket.

GOOGLE SEARCHES FOR NFT SPIKE TO RECORD HIGHS

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Internet users have become interested in NFT more often than cryptocurrency and blockchain.
According to Google Trends, the surge in popularity of NFT in Google Trends was observed in March 2021. Then the interest began to decline, and at the end of April it increased again.

GOOGLE WILL ADD HINGLISH LANGUAGE SUPPORT

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Google will roll out support for Hinglish, a mix of Hindi and English, and a range of additional features to its payments app Google Pay in India.
The support for Hinglish, which is spoken by over 350 million people in India, is one of the many new features Google is working to roll out in the South Asian market.

ALMOST HALF WILL USE MOBILE DEVICES TO SHOP DURING HOLIDAY SEASON

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Some 48% of respondents in a survey of 9000 by mobile app experience experts Airship in the US, UK, France, Germany, Australia, Singapore and India said they expected to shop online during the holidays.
And nearly the equivalent of 47% will be using their smartphones to shop rather than desktops.

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