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What you need to know in advertising today

Tanya Dua   

What you need to know in advertising today
Tech2 min read

Tim Armstrong

REUTERS/Jim Urquhart

CEO of AOL Tim Armstrong attends the Allen & Co Media Conference in Sun Valley, Idaho July 12, 2012.

WPP is looking for a replacement for departed CEO Sir Martin Sorrell - and Oath CEO Tim Armstrong is on the list.

But the two sides haven't started talking yet, according to people familiar with the matter.

The advertising agency holding company has tapped the executive recruiting firm Russell Reynolds to search for a replacement for Sorrell, who stepped down last month amidst accusations of improper behavior.

Armstrong, who previously ran AOL before it was sold to Verizon in 2015, is on Russell Reynolds' list. But WPP has yet to talk to Armstrong.

And Armstrong may not be interested. He appeared to imply that he was staying at Oath with a tweet Monday morning, saying he was "totally focused & engaged on building our 1 billion consumer brand ecosystem out and getting @Yahoo @AOL & all brands to growth mode @verizon."

To read more, click here.

In other news:

Net neutrality is weeks away from dying, and the first signs of change are already showing up at Netflix and other internet companies. The Federal Communications Commissions' repeal of its net neutrality rules is set to take effect next month.

Morgan Stanley is using a Jeopardy game on Amazon's Alexa to connect with its clients at home. The bank told Business Insider its clients will be able to access data and insights from its equity and fixed-income and other content from the bank via Alexa.

Fox was right to cancel "Brooklyn Nine-Nine" and the fans have no one to blame but themselves. It's really the fans' fault the show has been cancelled because most don't seem to watch "Nine-Nine" live with advertising.

Facebook is reportedly thinking about creating its own cryptocurrency. One former Facebook employee told Business Insider that Facebook might be interested in creating a digital currency that could be used as a system of payments on the site.

Check out these 30 Facebook ads that were shared by Russian trolls just days before the 2016 election. The House Intelligence Committee Democrats shared a handful of the ads with the public in October.

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