Snapchat joins Daily Mail and WPP in marketing venture
Cannes, France
SNAPCHAT is teaming up with the advertising conglomerate WPP and the Daily Mail website to form a new company, called Truffle Pig, that will create social content for brands.
The venture, announced on Tuesday on the Daily Mail yacht during the Cannes Lions advertising festival here, is the latest attempt to capitalise on a desire among marketers for campaigns that reach young consumers and look less like traditional ads. Truffle Pig aspires to appeal to brands by offering a combination of WPP's advertising expertise, Snapchat's social reach and Daily Mail's news coverage.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Technology
Meta’s results are best viewed through rose-tinted AI glasses
'Harvesting data': Latin American AI startups transform farming
After long peace, Big Tech faces US antitrust reckoning
Tech’s cash crunch sees creditors turn ‘violent’ with one another
Tech millionaires chase billionaire tax shields with ‘swap fund’
Elon Musk’s Starlink profits are more elusive than investors think