The Week That Was: IT and Media news week 22

The Week That Was: IT and Media news week 22

Sheryl Sandberg said she plans to leave her job as Chief Operating Officer of Facebook´s parent company Meta after 14 years as one of Mark Zuckerberg´s closest colleagues. She will, at least for the time being, stay as a member of the company´s board. She will be succeeded by Javier Olivan, currently Meta’s chief growth officer.

Still another journalist is one of the many victims of the Russian invasion of Ukraine. French journalist Frédéric Leclerc-Imhoff was killed while covering the war in Ukraine, Committee to Protect Journalists reported. Leclerc-Imhoff is at least the eighth journalist to be killed while reporting on the war since Russia launched its full-scale invasion on Ukraine on February 24.

Digital advertising grew 30.5% last year to Euro 92 billion, advertising organization IAB Europe reports. “This exponential growth shows that the digital advertising market has truly bounced back from the challenges and impact of COVID-19.” The AdEx Benchmark study covers 28 European markets. All markets experienced double-digit year-on-year growth. Turkey was up 99.7%.

One of the fastest-spreading mobile malware to date was taken down in an action by police in eleven countries. Known as FluBot, this Android malware has been spreading aggressively through SMS, stealing passwords, online banking details and other sensitive information from infected smartphones across the world, Europol announced.

Total digital publishing revenue was GBP 151.6million in Q1 2022, with 50% of respondents reporting positive growth. Digital revenue grew 18% to GBP 610.3million on a 12-month moving annual total basis to March 2022. During Q1 digital audio increased by 500% to GBP 4.2million when compared to Q1 2021. UK’s Association of Online Publishers and consultancy Deloitte report.

 

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