Home Ad Exchange News Senators To Platforms: Hand Over The Algo; DoubleClick Vet Brad Bender Transfers To Google News

Senators To Platforms: Hand Over The Algo; DoubleClick Vet Brad Bender Transfers To Google News

SHARE:

Monday’s Links:

Algo Secrets

A bipartisan group of senators filed the Filter Bubble Transparency Act on Thursday, a bill that would require large internet and search providers (those with more than 1 million users, at least $50 million in revenue and 500 employees) to disclose how and why users see certain personalized content, as well as provide an option for users who prefer an unpersonalized, data-free search option. Consumers have “limited understanding of how their data is being used and how platforms operate,” Sen. Mark Warner, D-VA, one of the bill sponsors, told The Wall Street Journal. “This bill helps reduce the power of opaque algorithms on our discourse and puts greater control in the hands of consumers.” More.

Bend It Like Bender

Google has named Brad Bender, a DoubleClick vet and longtime ad product leader, as the company’s first VP of news products, Business Insider reports. Google ad tech executives have been on a carousel within Google since Prabhakar Raghavan took over the advertising and commerce group a year ago. Google News is a traffic powerhouse, but publisher yield has diminished as desktop CTRs tail off and Google shifts its focus to O&O media. Bender’s appointment indicates Google is “trying to get more competitive” with Apple and Facebook, which have introduced new publisher services and revenue deals. More

Enter Apple TV+

Apple TV+ launched on Friday with big-name stars, but without much else. Apple produced 15 original series, on par with its rivals. But unlike Disney, Comcast and AT&T, it lacks an archive of movies, TV shows and networks. Apple TV+ has a low price point at $4.99, and will bundle with iPhone sales and third-party OTT providers for easy distribution. Apple chief Tim Cook acknowledged that Apple TV+ won’t be material to revenue initially, and framed it at launch as a gift to users. Apple’s push into entertainment is about keeping customers hooked on its products and services. If Apple converts a quarter of iPhone buyers into Apple TV+ streamers, it could be a multibillion-dollar business by next year, according to Bloomberg. Meanwhile the Disney+ streaming service, which launches Nov. 12, is being promoted heavily with low-cost deals – the priority being to accrue subscribers, even at disadvantageous early rates. And NBC is considering giving away its ad-supported streaming package Peacock for free when it launches next year, CNBC reports.

But Wait, There’s More

You’re Hired

Tagged in:

Must Read

Los Angeles, California - 26 February 2023: Reddit social media platform displayed on smart device

Reddit Is Going Login Only. Blame Google

Starting in Q4, Reddit will test logged-in-only mode to protect its user engagement, improve ad targeting and keep AI from scraping its content.

DoorDash Acquires Instacart As Consolidation Comes For Mobility Media

DoorDash on Thursday confirmed the rumors and announced its intention to acquire Instacart at a $17 billion valuation.

Meta’s $25 Billion Privacy Fine In New Mexico Is A Big Number. But Is It A Big Deal For Ad Tech?

Last week, a district court judge in New Mexico ordered Meta to pay $25 billion for misleading Facebook users about how it handled their data. Does it matter?

Privacy! Commerce! Connected TV! Read all about it. Subscribe to AdExchanger Newsletters
Comic: Gamechanger (Google lost the DOJ's search antitrust case)

Google Earned More Than $100 Billion In Ad Revenue Last Quarter, But Is It Even An Ad Business?

Google earned $127.6 billion in Q3, up 25% year over year, practically all of which came from ads. Yet advertising hardly came up during its earnings call on Wednesday evening.

Flat Hand Holding a magnifying glass, find the person you want from many people. Find the right thing for you.

Meta Has A New Ad Ranking System Built On LLMs, Plus Upgrades To Andromeda And GEM

Meta now scores every eligible ad for every impression at more than a billion ads per second, one of three ad ranking upgrades Meta announced on Wednesday.

Marketbridge Acquires The B2B Advertising And Analytics Startup Channel99

The agency services group Marketbridge added to its portfolio on Tuesday by announcing its acquisition of Channel99, a B2B advertising and attribution tech company.