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Reverberate: Media and marketing news you need to know today – Sorrell’s bumper bonus, Jay Z meets music bigwigs & Snapchat COO stands down


By John McCarthy | Media editor

March 16, 2015 | 4 min read

Morning all, here’s a glimpse at all the media and marketing news you should know today.

1. WPP chief executive Sir Martin Sorrell is to pick up a $53m shares bonus as part of a four-year incentives scheme, reports the Wall Street Journal. The package makes Sorrell one of Great Britain’s top paid chief executives.

Sir Martin Sorrell

2. Snapchat chief operating officer Emily White is stepping down with chief executive Evan Spiegel set to adopt more responsibility, reports AdAge. The company is not looking to fill the COO position following White’s departure.

3. Jay Z has met with some of the biggest names in music this weekend with the intent of bringing them aboard his new streaming company. Business Insider says that Beyoncé, Kanye West, Daft Punk, Madonna, Rihanna, Nicki Minaj, Jack White and Chris Martin were in attendance.

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4. Facebook has opened up its banned content rules to further clarify what users shouldn’t upload on the site, Forbes reports. On nudity, the company will now differentiate between images of a breast-feeding mother and “fully exposed buttocks” for example as it intends to more accurately gauge what shouldn’t be displayed on the social network.

5. Yahoo has stepped up its web security by launching a scheme which will generate and send a new login code to users smartphones everytime they log in, according to MediaPost. The scheme will not require users to remember to remember specific passwords.

6. Protestors took to SXSW to protest the many instances of artificial intelligence on display at the festival. Business Insider reports that the group were chanting “Stop the robots! Stop the robots”.

7. Meerkat chief executive Ben Rubin is unworried by Twitter blocking the video live-streaming service, reports Yahoo! Tech. Twitter clamped down on the company after announcing that it was in the market to provide a similar service with its ‘Periscope’ acquisition.

8. Facebook has acquired social shopping app TheFind, says the Wall Street Journal. The app offers consumers a personalized shopping experience suggesting items based on their social profile.

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