Meta’s Expenses Are Growing Faster Than Its Revenue, Thanks To Lawsuits And AI

Meta would have had a great quarter. That is, if it weren’t for the layoffs, the lawsuits and the galactic-level AI operating costs. The company’s Q2 earnings call on Tuesday evening started off strong as CFO Susan Li announced quarterly revenue totaling $60.4 billion, up 28% from last year. Ad revenue across Meta’s family of [...]

By |2026-07-29T17:09:51-07:00July 29th, 2026|News|Comments Off on Meta’s Expenses Are Growing Faster Than Its Revenue, Thanks To Lawsuits And AI

Automatic Renewal Compliance: What Lawyers Aren’t Telling You About Your Biggest Legal Risks

Nearly every automatic renewal article gives companies the same advice: make your disclosures clear and conspicuous, obtain affirmative consent, send acknowledgment notices, and offer a simple cancellation mechanism. This advice is correct, but it’s also incomplete. Venable’s Autorenewal Solutions Team (VAST) has spent years defending companies in automatic renewal investigations and class actions. That experience [...]

By |2026-07-29T17:06:58-07:00July 29th, 2026|News|Comments Off on Automatic Renewal Compliance: What Lawyers Aren’t Telling You About Your Biggest Legal Risks

Omnicom Investors Cheer IPG Sell-Off, Despite Weak Ad Spend In Q2

Omnicom’s advertising revenue suffered in the second quarter. But that didn’t stop the holding company’s stock from jumping to a one-year high on Wednesday morning, as investors digested its plan to sell off parts of IPG and absorb IPG. Total revenue in Q2 was $6.6 billion, roughly flat compared to Omnicom and IPG’s combined revenue [...]

By |2026-07-29T10:32:05-07:00July 29th, 2026|News|Comments Off on Omnicom Investors Cheer IPG Sell-Off, Despite Weak Ad Spend In Q2

Reese’s Oreo Casts Lindsay Lohan as a Twin Whisperer in Nod to Her Parent Trap Past

A nostalgic ad from Reese's Oreo unites Lindsay Lohan, Amy Sedaris, and Patricia Arquette.

By |2026-07-29T09:57:39-07:00July 29th, 2026|News|Comments Off on Reese’s Oreo Casts Lindsay Lohan as a Twin Whisperer in Nod to Her Parent Trap Past

Co-op joins Apple, Waitrose, Maybelline in microdrama move

The microdrama business is expected to be worth $256bn by 2030, and while China still makes up 80% of the market, other countries are catching on fast. The short-form, soap-opera-style social media content has its origins in entertainment, but Waitrose caught on early to the marketing potential with with Wonderhood’s “Sweet Suspicions” Christmas campaign, and [...]

By |2026-07-29T08:52:23-07:00July 29th, 2026|News|Comments Off on Co-op joins Apple, Waitrose, Maybelline in microdrama move

World Cup’s commercial clout not in doubt. Ask Coca-Cola and Unilever

We’ve had a global rebrand, the controversial World Cup hydration breaks, and now a hyperlocal campaign based in Wakefield, Yorkshire – all from Coca-Cola in the last month or so. The business has just posted a Q2 7% sales uplift to $13 billion, boosted by its FIFA partnership. This included the Powerade hydration breaks, which [...]

By |2026-07-29T08:52:22-07:00July 29th, 2026|News|Comments Off on World Cup’s commercial clout not in doubt. Ask Coca-Cola and Unilever
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