Home Ad Exchange News AppNexus Raised $31M; Slate Is Kicking Its Facebook Habit

AppNexus Raised $31M; Slate Is Kicking Its Facebook Habit

SHARE:

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

On The Up

AppNexus raised $31 million in a round led by News Corp and Yahoo Japan, Business Insider reports. WPP’s investment is thought to have come with minimum spend guarantees, though there’s no confirmation the same is true for News Corp. Unruly, a video ad tech company News Corp. acquired last year, will place its vertical video inventory on AppNexus’ exchange. More. It’s worth noting that last year News Corp. disclosed a significant stake in Rubicon Project, which competes directly with AppNexus. And like Rubicon, AppNexus is expected to ride the wave of ad tech IPOs [AdExchanger coverage].

Seller’s Remorse

More than once, publishers have gone all-in on Facebook without pausing to think. “There was a traffic gold rush, and we participated in it,” according to Slate editor Julia Turner, who’s actively working to wean Slate off Facebook traffic. “This year, when the algorithm seemed more fickle, we began to feel there were diminishing returns.” Digiday reports that Slate is kicking its Facebook habit by optimizing toward loyal reader preferences instead of traffic. Meanwhile, Ad Age writes that a growing number of publishers are rethinking their Facebook Live strategies. “We don’t think volume is the play,” says Bleacher Report President Rory Brown. “Our theory is the real winners in Live will be the brands that create premium content.”

Neural Nets Unite!
 
Artificial Intelligence (AI) is all the rage again. But this time, the effort has some serious research and financial resources behind it. Google, Facebook, IBM, Amazon and Microsoft have banded together to form a “Partnership on Artificial Intelligence to Benefit People and Society.” (Say that ten times real fast.) As per the release, the members “will conduct research, recommend best practices, and publish research under an open license…” It’s strictly a research outfit; the consortium will not lobby governments or try to define policy around AI. Read more. Meanwhile, Salesforce has made its own heady investments into AI with Einstein, which also has a research unit attached to it.

Algo Next

ProPublica reporter Julia Angwin is investigating the algorithms that define the digital economy. After dissecting Amazon, she has turned her attention to Facebook. “Facebook offers advertisers more than 1,300 categories for ad targeting – everything from people whose property size is less than .26 acres to households with exactly seven credit cards,” Anwin writes. If Angwin’s name is familiar, that may be because she created The Wall Street Journal’s “What They Know” series. More.

But Wait, There’s More!

You’re Hired!

Tagged in:

Must Read

Why Media Mergers And Spin-Offs Don’t Always Keep Their Promises

With media megamergers, acquisitions and spin-offs left and right, the media landscape is changing at a pace that is difficult to keep up with.

TransUnion is partnering with Blockgraph so that advertisers can use its identity data to target, reach and measure TV households across channels.

How This Disaster Relief Nonprofit Tapped First-Party Data To Reach Donors Year-Round

Staying top of mind for potential donors is an ongoing challenge for Direct Relief. Nexxen’s audience curation helped it spread and sustain awareness.

Why Major UK Publishers Are Finally Joining Forces To Curate Ad Inventory

Atria’s collective approach is a response to growing monetization challenges and the need to protect the value of human journalism in the AI era.

Privacy! Commerce! Connected TV! Read all about it. Subscribe to AdExchanger Newsletters
Toronto Canada pride parade includes a crowd waving pride flags

Ad Performance And Politics Steered Brand Dollars Away From LGBTQ+ Communities – But The Pendulum Will Swing Back

The current administration has discouraged many marketers and organizations from showing support for the LGBTQ+ community, including during Pride month.

How AI Can Enhance Content Without Generating It

As much as consumers complain about AI-generated content, advertising experts say AI still has an important place in video creation and production, including for ads. But using AI in content without turning off consumers is a tricky dance.

How Tovala Banks On Subscriptions And Incrementality – But Not Ads – To Profit From Its Oven

Smart TVs, refrigerators and other home appliances may pester you with marketing, but at least the hardware is cheap. Another startup taking a different approach to the same theory is Tovala, which was founded in 2015 and combines a standalone countertop oven with a weekly meal kit subscription.