Google, Facebook have tight grip on growing U.S. online ad market: report

FILE PHOTO: The Google logo is displayed outside the company offices in New York, U.S., June 4, 2019. REUTERS/Brendan McDermid

The two tech giants together commanded nearly 60% of the U.S. internet advertising market in 2018, according to the report, up 3% from the previous year. Google’s YouTube dominates online video, while Facebook has been expanding its video product called Watch and adding advertising options. U.S. wireless carrier AT&T Inc despite spending $85 billion for media company Time Warner to transform into a media and advertising firm, has only managed to eke out single digit market share, according to PwC.

“The opportunity created for telecom providers is they know where consumers are, they’re benefiting from 5G and they know what apps consumers spend time on,” she said.

Woah, real news here! /s

Google is authentic we feel facebook is getting corrupt from 2013 . Even facebook have secret dishonest business behaviour .

Their revenue stream is completely owed to market saturation! 🌮

Has ggl been buying the competition like Facebook? Is it ggl's fault a better search engine has not materialized? Has google been suppressing the competition? I need more facts...

Dear Google I wish you keep enjoying supremacy over Ad World as this world is created for you .

What. I can't believe it

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Democrats open antitrust probe of tech industryBREAKING: House Democrats launched a sweeping antitrust investigation of the nation's largest tech companies, including Google and Facebook It is about time. Thank you. Breaking: Tech Companies announce move to move overseas crippling the US economy and stock market crashing typical strategy to extort campaign funds ahead of the next election.
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