Alphabet released its latest results, reporting a strong quarter on rebounding ad revenue for Google.
The Daily Mail has filed an antitrust lawsuit against Google, claiming the search giant wields too much advertising power and newspapers see little in return.
J.P. Morgan has raised the price target for Alphabet stock to $2,575 from $2,390, citing the company’s fundamentals.
Tim Cook has set the record straight that Apple is not against digital advertising, it simply wants to give consumers more control.
“We’re forecasting that ecommerce spending this year will be somewhere between $850 billion and $930 billion,” says John Copeland, Vice President of Marketing Science and Customer Insights at Adobe. This would be a 14 percent increase over last year.
During yesterday’s earnings call Disney CEO Bob Chapek said it has accelerated the company’s pivot towards a DTC-first business model.
GroupM has revised its outlook on the US ad industry, expecting it to grow 15% in 2021, thanks in large part to stimulus spending.
The Federal Communications Commission (FCC) has issued a whopping $225 million fine to two telemarketing firms in Texas.