Google’s share of the search ad market is expected to grow over 80% by 2019. The latest research made by eMarketer indicates that Google is supposed to continually lead the global search ad market in the future. Last year, Google successfully increased revenue from search ads to $24.6 billion, accounting for 75.8% of market share. And the revenue is expected to grow to $36.62 billion in 2019. However, Google’s growing market share seems not a good news for Microsoft, AOL, and Yelp. It is estimated that Facebook is expected to exceed Google in terms of advertising revenue growth rate, but as a result of the overall slowing advertising revenue growth, it will take a longer time for the company to have a complete win out over Google.
Euronet Worldwide trumps Ant Financial’s bid to acquire MoneyGram. The U.S. electronics payments provider offered a bid of $1 billion on Tuesday for buying the money-transfer company MoneyGram, overcoming Ant Financial’s bid of $880 million. Euronet Worldwide also argued that there will be less regulatory scrutiny hurdles to make a deal with an American company than with China’s Ant Financial Services Group. Right after the news came out, MoneyGram shares surged nearly 25% to make the closing price at $15.77, which shows investors’ high expectation for the bid to materialize in a degree.
Microsoft Teams goes live with new email integration and enterprise bots. Currently Microsoft Teams is available for all Office 365 business customers and more than 85 million paid active Office 365 business customers are able to get Teams up and running with no additional cost. Additionally, Microsoft has added 100 new features to the previewed version of Teams. Of most concern, external guest-access feature will not be available until the end of June 2017.
Facebook and Twitter could face fines of up to $53 million in Germany as a result of failing to curb hate speech on their platforms. A German government minister said on Tuesday that the two social media giants fell short of the goals to have minimum 70% of illegal posts deleted within the first 24 hours. Also on Tuesday, a bill to impose significant fines on social media platforms who were unable to crackdown on content timely has been drafted by Germany’s minister of justice and consumer protection, Heiko Maas. If the law is approved, Facebook and Twitter may face fines of maximum $53 million, which will be the highest penalty in the Western world.
GoDaddy launches a new Business Hosting solution for helping its shared hosting customers add resources to their business sites without upgrading to a more technical VPS hosting platform. Offering customers with a step between shared hosting and VPS hosting, GoDaddy Business Hosting charges from $29.99 to 49.99 per month. Also notably, the solution includes unmetered bandwidth and ample dedicated resources like storage, RAM, and CPUs.