Wednesday’s antitrust hearing before Congress made tech giants like Google-parent Alphabet, Inc. and Facebook seem like they’ve rigged the deck. But Thursday’s second quarter reports from both companies made the ad game look a little more fair.
Google may be a search monopoly, but its exposure to hard-hit sectors like travel seems to be hurting it at the moment. The company reported the first on-year decline in advertising revenue in its history. Meanwhile Facebook said its own…
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