Silicon Valley is once again striking out at Donald Trump's immigration policy.
Facebook, Google, Amazon, Snap, and Uber are among the many tech giants backing the legal brief filed to Virginia's Fourth-Circuit Court of Appeals.
The document (which can be viewed in its entirety on Recode) claims the revised executive order would inflict "substantial harm on U.S. companies, their employees, and the entire economy." Read more...More about Uber, Google, Donald Trump, Snap, and Amazon
Amazon dominates online shopping, cloud computing, and now, it has its sights set on advertising.
The online shopping giant has been quietly beefing up its ads business in recent months, and Wall Street is starting to take notice.
An analyst at Morgan Stanley predicted this week that the company could pull in $5 billion in ad revenue by next year. For context, that's more than twice Snapchat's forecasted revenue for that year and about half of Twitter's entire market value at the moment.
That number could swell to $7 billion by 2020, according to the research note. Even so, Amazon would only make up a 4-percent share of the digital ads market, which is dominated by Facebook and Google. Read more...More about Advertising, Alphabet, Google, Facebook, and Amazon
The mad men and women of the ad industry have plenty of reasons to toss and turn at night.
Money is increasingly trickling from television commercials to digital media — a market that Facebook and Google currently have in a duopolistic chokehold. Inter-agency competition is at a fever pitchUnconventional upstarts are eating their lunch. If Don Draper were around today, there's a good chance he'd work at Facebook.
But it's not internet advertising giants that keep the industry's top chief up at night. Nor is it his three-month-old daughter.
It's...Amazon?Google, Facebook, Wpp, Amazon, and Business
Want to understand the problem of fake news? Want to do it while seeing how much money you just got schemed out of by Google, Amazon, or Facebook? Then take one look at the online holiday shopping bonanza: Massive corporations, peddling questionable information, to a public without sufficient tools to help separate the good from the bad.
Black Friday just gave way to Cyber Monday, and now, the internet's lousy with "deals." Consumers have already spent over $5.3 billion online this shopping season, according to Adobe (which doesn't even account for weekend or Monday spending, which Adobe expects to add on another $3.4 billion). But how many people spent that money under the guise of getting a "great" deal, only to get an average (or even downright bad) deal? Read more...More about Facebook, Google, Amazon, Fake News, and Business