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The U.S. will ban some transactions over the Chinese-owned WeChat app while prohibiting new downloads and updates of the app as well as TikTok’s app starting Sunday. Commerce Secretary Wilbur Ross said Friday that the U.S. will prohibit cash transfers within the U.S. related to WeChat and its parent company Tencent Holdings Ltd. Other measures …

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From the Great Depression to the economic tumult of this great pandemic, there is a common thread for marketing: Every downturn brings opportunity and innovation. In a new 56-page white paper, Ad Age examines innovation in the worst of times, from the 1930s to the present. What happened to marketers, media and agencies during past …

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Since then, Camp + King has grown significantly—picking up major clients, delivering acclaimed work and expanding with the development of a content lab that houses animation and digital design capabilities. The agency also touts an inclusive culture where 25 percent of its employees identify as part of a minority group and 50 percent are female. “Havas has been …

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Many content platforms have historically relied on ads to keep them running. However, today’s consumers are highly wary of online advertisements. A quarter of internet users currently have an ad blocker installed, and those that don’t may choose to abandon a website or content platform if the presence of ads is too intrusive. This can …

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The Big Ten’s football season is back on. After postponing the season in August because of safety concerns stemming from the COVID-19 pandemic, the league said Wednesday it plans to start games the weekend of Oct. 23-24. The Big Ten joins the Atlantic Coast Conference, Big 12 and Southeastern Conference in playing football during the fall term, leaving the …

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In 2021, finance, entertainment, technology and restaurant verticals are projected to see the healthiest ad spending recoveries, likely to range from high single- to low double-digit increases. Meanwhile, with unemployment rates remaining high, automotive and travel may continue to struggle in the new year, though Letang notes that U.S. car sales were already sluggish prior …

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D.G. Yuengling & Son—the self-proclaimed oldest brewery in America—is poised to expand westward after striking a deal to form a joint venture with Molson Coors Beverage Company.   The 191-year-old Yuengling has historically taken a plodding approach to expansion, slowly adding contiguous states to its base in the eastern and southern U.S. It currently sells its …

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Kraft Heinz Co. is returning to its tried-and-true cost-cutting strategy as the packaged-food giant looks to beef up its long-term financial position. The company will target $2 billion in savings over the next five years by focusing on procurement, manufacturing and logistics, according to a presentation released ahead of its investor day Tuesday. As part of what …

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