Here is your daily round-up of the news that matters in the marketing, media and advertising world, brewed hot & fresh in just 60 seconds.

Today’s Top Headlines:

1. Walmart India posts 11% increase in its revenue
   Walmart India posted 11% increase in its revenue for the year ended March at 4,065 crore rupees, according to an Economic Times report. However its net losses almost doubled year-on-year at 172 crore rupees.
2. Google India revenue drops by 56% due to a new accounting standard
   Google India’s profit rose 16% to 473 crore rupees in the financial year ending March, after it reduced expenses by 61 per cent. Its revenue, however, dropped by nearly 56 per cent to 4,147 crore rupees due to a new accounting standard.
3. John Donahoe to replace Nike’s longtime CEO Mark Parker in 2020
   Nike announces that former eBay CEO and board member John Donahoe will replace the brand’s longtime CEO Mark Parker in 2020. Parker who is stepping down after a span of 4 decades, will continue to lead the board of directors and take on the role of executive chairman.
4. TikTok launches safety campaign with creator-led videos
   TikTok has launched a new safety campaign to inform users about its ability to tackle hate speech and report inappropriate content. The campaign includes a new set of safety videos made by TikTok creators from around the world.