The traditional dominance of Google and Facebook in digital advertising is facing a growing challenge from Amazon.com Inc., TikTok and streaming services, new research says. In 2022, Alphabet Inc.’s GOOGL, -0.85% GOOG, -0.93% Google, Meta Platforms Inc.’s META, +2.41% Facebook and their respective subsidiaries accounted for a combined 48.4% of U.S. digital-ad spending, according to estimates… Source link
Read More »Google and Facebook’s digital-ad dominance challenged by rapid ascent of Amazon and TikTok
The traditional dominance of Google and Facebook in digital advertising is facing a growing challenge from Amazon.com Inc., TikTok and streaming services, new research says. In 2022, Alphabet Inc.’s GOOGL, -1.48% GOOG, -1.46% Google, Meta Platforms Inc.’s META, +1.88% Facebook and their respective subsidiaries accounted for a combined 48.4% of U.S. digital-ad spending, according to estimates… Source link
Read More »Why a new metaverse ETF wants nothing to do with Facebook’s Meta
Facebook parent Meta (FB) wants to be the first company you think of when you hear the word metaverse, the nascent 3-D virtual world that could be the future of the internet. Heck, it’s why Meta CEO Mark Zuckerberg changed the social media giant’s name to Meta in late 2021. But according to Subversive Capital founder and CIO Michael Auerbach, Zuckerberg’s efforts will fall flat. “We actually believe that Meta isn’t the company that’s building out the Metaverse,” Auerbach told… Source link
Read More »10 Things in Tech: Facebook’s Yahoo moment
You made it to Friday, readers. Today we’re discussing the potential Yahoo-ification of Facebook and giving you an inside glimpse at BMW’s new electric sedan. Let’s dive in. If this was forwarded to you, sign up here. Download Insider’s app – click here for iOS and here for Android. Facebook Meta and Yahoo logos on rocks falling down a cliff 4×3 Howard Kingsnorth/Getty Images; Yahoo; Meta; Rachel Mendelson/Insider 1. Could Facebook be the next Yahoo? Facebook’s recent shift to the metaverse is… Source link
Read More »10 Things in Tech: Facebook’s Yahoo Moment
You made it to Friday, readers. Today we’re discussing the potential Yahoo-ification of Facebook and giving you an inside glimpse at BMW’s new electric sedan. Let’s dive in. If this was forwarded to you, sign up here. Download Insider’s app – click here for iOS and here for Android. … Source link
Read More »Facebook’s own words are the ‘ultimate definition of fraud,’ says Ohio attorney general
A lawsuit alleging securities law violations, filed against Facebook’s parent company Meta (FB) by Ohio’s largest pension fund, should be an easy one to prove, according to the state’s attorney general. On Monday, Attorney General Dave Yost along with Ohio’s Public Employee Retirement System filed suit in federal district court in California, alleging that earlier in the year Facebook and its senior executives made false and misleading statements that artificially inflated its share… Source link
Read More »Facebook’s metaverse will still track your every move
This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe Wednesday, November 3, 2021 Meta’s metaverse could track you more than you ever imagined Facebook is now Meta (FB), reflecting its focus on building up the so-called metaverse — a future version of the internet that will let people interact with others in 3-D virtual worlds. But that doesn’t… Source link
Read More »Facebook’s Mark Zuckerberg just ruined one of the biggest investing abbreviations ever
Facebook. Apple. Amazon. Netflix. Google. Five Big Tech giants known in investing circles simply as FAANG for years. That was until Mark Zuckerberg channeled his inner meta on Thursday. The FAANG investing acronym was created in 2013 by Jim Cramer, the founder of TheStreet (full disclosure, my former boss who also created the term “Cloud Kings“). It was both catchy as hell and true to form for the companies it represented. Think of a fang on a rabid dog and it’s not unlike all five tech… Source link
Read More »Inside Jedi Blue, Facebook’s Shady Deal With Google
Photo-Illustration: Intelligencer. Photo: Getty Images As a torrent of bad press consumes Facebook — or whatever the company may soon be renamed — it’s worth remembering that to become an industry-dominating social-media Goliath, sometimes you need a little help from your friends. Perhaps they’re better described as co-conspirators.
Read More »Google and Facebook’s Ad Empires
This article is part of the On Tech newsletter. Here is a collection of past columns. Google and Facebook love to talk about the cutting-edge stuff that they’re working on. Metaverse! Driverless cars! Cloud! Artificial intelligence! The reality, though, is that these tech companies are rich and powerful because they are the biggest sellers of advertising in the world. They do essentially the same thing that William Randolph Hearst did a century ago: They draw our attention to try to sell us… Source link
Read More »