Here’s today’s AdExchanger.com news round-up… Want it by email? Sign-up here.
Target’s Targeted Supply
Target is putting together programmatic campaigns for brands it carries in-store by leveraging its in-house DMP in combination with DSP partners. It’s retail “audience extension” of the sort Amazon and Walmart have also dabbled in. According to Brent Rosso, VP of digital media for Target, “It’s about how you can marry the best inventory … to your data and the publishers you have relationship with, and maybe form a private marketplace.” Target just signed a demand-side deal with DBM to go along with a pre-existing MediaMath partnership, and Merkle is helping it develop an in-house trading desk. More at Digiday.
Time To Roll
AdRoll has laid off 29 employees, or roughly 6% of its staff, Fortune reports. “We made prioritization decisions to focus on the growth areas that we’re most excited about,” CEO Aaron Bell said in a statement. “This led to a small number of roles being eliminated. We also opened other new roles, and there was no personnel impact in R&D.” The performance marketing and retargeting company has raised $90 million and has a $150 million revenue run rate. It’s not clear what AdRoll’s growth priorities are, but in a recent AdExchanger interview CEO Aaron Bell said AdRoll has an opportunity to move into mar tech. More.
Integral Ad Science will open-source its mobile verification SDK in early 2017, allowing publishers to measure mobile inventory outside of partner integrations. Open-source code is easier for app publishers to set up and will offer reduced latency and ad load across their platforms while opening up more inventory for measurement. “This approach cuts years off for advertisers to be able to measure viewability on 100% of their mobile campaigns, compared to the small percent they are currently able to measure,” CEO Scott Knoll said in a statement. Read the release.
Off To The Races
Google is going full tilt to catch Amazon’s Alexa, which spent the past two years finding its way into millions of homes. Google’s digital assistant came out two months ago, but the company is already opening the platform up to developers to “interact with Google users by building bots that answer questions and, eventually, sell and book things through voice controls,” Bloomberg’s Mark Bergen writes. It’ll be years before developers turn voice-activated AI into a viable business model, says Jason Douglas, the Google product leader overseeing the platform. But don’t let that time frame fool you into thinking this isn’t an imperative. Remember, you practically have to sprint the marathon if you want to be a champion. More.
Cozy Up
Now that Microsoft’s $26 billion acquisition of LinkedIn is complete, the fun begins. CEO Satya Nadella tells The New York Times that “the stakes are absolutely high” for Microsoft’s biggest acquisition to date. Rather than squeezing LinkedIn’s platform and 10,000 employees into Microsoft’s existing product suite, the B2B networking site will remain its own company with chief executive Jeff Weiner at the helm. “I absolutely think of LinkedIn as our Instagram,” Nadella said. Top of mind for both companies is expanding LinkedIn’s network. More. Whither marketing revenue, Mr. Nadella?
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But Wait, There’s More!
- IPG Says US Government Sought Video Production Data – Reuters
- MParticle Liberates Customer Data From The Cloud – release
- How To Comply With EU Rules Applied To Native Ads – IAB Europe
- Publishers Lack Insights Into Third-Party Measurement Audits – release
- Mobile Marketer SessionM Buys LoyalTree Point-Of-Sale Software – release
- Facebook To Launch Messenger Payments In Europe – TechCrunch
- PulsePoint Unveils “Vision,” Publisher Programmatic Platform – release
- TabMo First Mobile DSP Certified By Nielsen Digital Ad Ratings – Netimperative
- German Firms Including BMW Pull Advertising From Breitbart – The Guardian
- AerServ And Mediaocean Open Mobile Audience Extension For TV – release
- Mark Mahaney: Facebook Boom Shows No Sign Of Slowing – Business Insider
- Digitant and PepsiCo Partner On Programmatic E-Learning Solution – release
- Report: How Mobile Data Improves Sales Forecasting Intelligence – release
You’re Hired!
- Horizon Media Adds Chief Client Officer, Chief Strategy Roles – MediaPost
- ABC Head Of Ad Sales To Leave Network – Ad Age
- RetailMeNot Appoints Mausam Bhatt As Senior VP Of Product – release
