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

  • 📰 Reuters
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 97%

United States News News

United States United States Latest News,United States United States Headlines

The U.S. internet advertising industry is projected to hit $160 billion by 2023 ...

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The government is threatening big tech — and the market just took noticeApple, Google, Facebook and Amazon are facing potential regulatory scrutiny and investors are paying close attention. these r some of the dirtiest companies on planet run by far left radicals pushing their sick and twisted perverted progressive world view on society and limiting and destroying those who they dont agree with! break em up and fine them a massive sum $$$$ JackPosobiec Good good good good news.
Source: CNBC - 🏆 12. / 72 Read more »

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.
Source: politico - 🏆 381. / 59 Read more »