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

Today’s Top Headlines:

1. WPP Group reports a 1.4% growth in its Q4 revenue of 2019
WPP Group reports a revenue of 13,234 million pounds, up by 1.4% in the fourth quarter of 2019, as posted by exchange4media. Profit after tax declined by 21.9 per cent compared to the previous year.

2. Facebook bans ads making false claim about coronavirus 
Facebook has started banning ads that promise a cure for coronavirus, as reported by Forbes. Recently a number of false cures have spread on Facebook, including one claiming that drinking bleach can cure the virus, causing panic and confusion on social media.

3. Uday Sodhi launches new venture
Former Sony Pictures Network Digital Business Head Uday Sodhi has launched Kurate Digital Consulting. It offers strategic consultation and execution of digital transformation projects to companies across India.

4. Sebi imposes penalty on Muthoottu Mini Financiers
Sebi has imposed a 10 lakh rupees penalty on Muthoottu Mini Financiers for placing misleading ads on its website, as seen on PTI. The company had claimed in its ads that the RBI and Sebi have rated its non-convertible debentures issue as “stable”.

5. Amazon to enter India’s food delivery space soon
Amazon is soon speculated to enter India’s food delivery space according to TechCrunch. Currently it is testing the service in Bangalore.