Home Ad Exchange News Snapchat Expands Its Ads API; AT&T Wants A Media Arm

Snapchat Expands Its Ads API; AT&T Wants A Media Arm

SHARE:

apigainsHere’s today’s AdExchanger.com news round-up… Want it by email? Sign-up here.

Beefing Up

Snapchat has expanded its ads API with better targeting, measurement and reporting, Ad Age reports. In addition to email matching and interest-based targeting released back in June, Snapchat now supports A/B testing of creative and new measurement features. CEO Evan Spiegel remains steadfast in his opposition to “annoying” retargeting tactics. More. Related: The Wall Street Journal says Snapchat might be planning for a $25 billion IPO in March.

Growing, But Where?

AT&T wants to build a media arm to pair with its telco infrastructure. And by “build,” we mean “buy.” No companies are named, but AT&T has plans to snap up a portfolio of media companies over the next few years. “Targets include companies worth $2 billion to $50 billion,” according to Bloomberg sources. Wall Street investors are reportedly hesitant about the move, since they haven’t seen last year’s DirectTV acquisition impact revenue yet. The list of targets includes 40 to 45 companies that are presumably all over the map. Consider that AT&T was an interested party in deals for Yahoo, Starz and Paramount Pictures. More.

OK Google?

Google is vying to be the epicenter of the home. Aside from its Pixel smartphone, Google recently rolled out Wi-Fi routers and a connected home device, updated its Chromecast OTT device and launched a VR headset. Sitting at the domestic center will give Google access to new kinds of intimate data. “We’re moving from a mobile-first world to an AI-first world,” CEO Sundar Pichai said. Google’s interconnected product suite indicates its closing the door on being desktop’s search giant to dominate the internet-of-things era. But AI comes with its own host of consumer privacy issues. More at TechCrunch.

[Header] Tag, You’re It

Google product exec Tom Kershaw is moving over to Rubicon to serve as chief product and engineering officer, Ad Age reports. Rubicon poached Kershaw to ramp up its header-bidding efforts after CEO Frank Addante admitted to investors it had reacted slowly to the trend [AdExchanger coverage]. Rubicon wants to focus on the header in mobile and video, and Kershaw’s experience working in China  is integral to that goal. “China is taking off at a much more accelerated way when it comes to mobile and in-app,” Kershaw said. “I want to submerge myself in those problems and build products globally.” More.

But Wait, There’s More!

You’re Hired!

Tagged in:

Must Read

Walmart’s Ad Revenue Totaled $6.4 Billion In 2025 As The Ecommerce Flywheel Started To Spin

“Fully a third of our profit in the most recent quarter was related to advertising and membership income,” Walmart CFO John David Rainey told investors on Thursday.

Comic: AI-TA?

Q4: Omnicom’s IPG Merger Is An AI Test Case

Omnicom just reported its first earnings since closing the IPG deal and, shocker, it’s saying AI is main growth driver for combined holdco.

Digital-native brands need to figure out how to win in retail shelves. They're finding it difficult, to say the least.

Big CPG Brands Are Quick To Cut Ad Spend Amid A Tough US Market

Companies like P&G, PepsiCo and Colgate-Palmolive are cutting marketing spend as the easiest and quickest way to protect profitability.

Privacy! Commerce! Connected TV! Read all about it. Subscribe to AdExchanger Newsletters

How The Minnesota Star Tribune Protects Advertisers While Covering ICE Crackdowns

Amid a federal crackdown and local unrest, Minnesota’s biggest newsroom is proving brand safety and hard news can coexist.

Hasbro And Animaj Form A New YouTube Ad Sales House For Kids And Family Content

The kids companies Hasbro and Animaj have formed a co-venture for selling their ads on YouTube and streaming media.

I Asked ChatGPT Where My Ads Were – But It Was Wrong, OpenAI Said

It’s official: ChatGPT has launched ads and the test will expand in the coming weeks. But don’t ask the LLM for details, unless you’re looking for misinformation.