Digital ad revenue in the U.S. rose 35% to $189 billion in 2021, the biggest increase since 2006. A report by the Interactive Advertising Bureau and PricewaterhouseCoopers found that most of that spending went to 10 online publishers and platforms. The report didn’t identify the companies, but Google, Meta’s Facebook and Amazon are by far the biggest players in online advertising....
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Microsoft Might Keep Losing in Search and Still Win
Could Microsoft win even if it loses in the next chapter of internet search? That was the question running through my head at an event in Redmond, Wash., earlier today, where Microsoft confirmed reporting from The Information and others when it announced it will remake its Bing search engine using artificial intelligence technology from OpenAI. The new and improved...
Goldman Sachs Asset Management Closes $5.2 Billion Growth Fund
Twitter’s Head of Revenue Strategy & Operations Departs
Meta Beginning Effort to Trim Managerial Ranks
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