Business

Danish startup Again has raised money… again. Google Ventures and Berlin-based HV Capital led the $43mn funding round, which brings the startup’s total to date to just shy of $100mn. Again takes waste CO₂ from industry, combines it with hydrogen and then feeds the concoction to a host of millennia-old bacteria. The little germs devour the brew, turning it into commercial-grade compounds like acetate. This is the base chemical in everything from plastics and cosmetics to paint. Again spun out from over a decade of research led by Dr. Torbjørn Jensen and Professor Alex Nielsen at the Danish Technical University,…

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One of the valid complaints about some AI systems is that they make stuff up, with confidence, and without sourcing, and then argue when challenged.

Unsurprisingly, this sounds a lot like people.

We often end up with what we are willing to tolerate.

Show your work and ask for receipts.

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Publicis Groupe continues to be bullish in 2024, raising its guidance for its yearly forecast. Unlike Omnicom, which maintained its guidance of 4% to 5% growth during its Q2 report earlier this week, Publicis Groupe is projecting 5% to 6% growth for 2024 after initially projecting 4% to 5%. The holding company revealed that its…Read More

It’s about that time … awards season, and the Emmys is serving a chaotic menu. Today, the Television Academy announced the 76th Primetime Emmy nominations with the help of Abbot Elementary’s Sheryl Lee Ralph and Veep’s Tony Hale, and the streamers, along with Emmy darling The Bear, dominated the news. Netflix led the way with…Read More

Deadpool’s got back–and he’s not afraid to show it. Today, Xbox announced it partnered with Marvel Entertainment’s resident Merc with a Mouth for an all-new wireless controller pegged to the release of Deadpool and Wolverine on July 26. Modeled after Deadpool’s unmistakable assets, the aptly named Cheeky Controller firmly establishes Ryan Reynolds’ alter ego as…Read More

Layoffs continue to hit the media and entertainment industry, with Warner Bros. Discovery now making more cuts. Top line This week, Warner Bros. Discovery is enacting layoffs across the company, with under 1000 employees being affected. Between the lines According to a source familiar with the matter, the cuts are in the U.S. only, impacting…Read More

In March, NBCUniversal announced it would allow advertisers to buy ads programmatically for the 2024 Olympic and Paralympic Games in Paris for the first time. At the time, the broadcast giant said its programmatic inventory would be available through its partner, the adtech company The Trade Desk. ADWEEK has now learned the details of that…Read More

Over the past few years, sonic branding has evolved from a niche, nice-to-have marketing asset to a must-have for any complete brand ecosystem. Forward-thinking companies realize they must use sound and music to stand out both in traditional media and on audio-first platforms like TikTok, Spotify and other social media and streamers. However, knowing your…Read More

It’s time once again to assemble the annual ADWEEK 50, spotlighting the behind-the-scenes luminaries in advertising, marketing, media and technology who were essential growth drivers in 2024. ADWEEK 50 isn’t about recognizing the CEO. Instead, it’s about honoring the leaders who keep the operation running efficiently and profitably, and put innovation and team culture at…Read More

Brian Lesser will be the new global CEO of GroupM, WPP’s media investment company. Lesser succeeds Christian Juhl, who is stepping down after five years in the role. Juhl is set to take a new position within WPP as president of corporate development. Lesser previously spent 10 years with WPP, including as CEO of GroupM…Read More