Home Ad Exchange News Uber Sues Fetch Over Mobile Ads; SSPs To Reveal When Auctions Are First-Price

Uber Sues Fetch Over Mobile Ads; SSPs To Reveal When Auctions Are First-Price

SHARE:

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

Go Fetch

Uber is suing Dentsu-owned mobile agency Fetch for breach of contract, fraud and negligence for misreporting its mobile ad campaigns, failing to prevent fraud and not returning rebates to the client. Ouch. According to The Wall Street Journal’s coverage of the suit, Fetch worked through a variety of ad networks to place app-install ads for Uber under a contract that stated Uber only had to pay for ads that led to installs. But Uber claims Fetch counted (and got paid for) fraudulent installs, and it wants at least $50 million to cover the damages. Fetch denied any wrongdoing and in a statement said Uber’s allegations are “purposefully inflammatory so as to draw attention away from Uber’s unprofessional behavior and failure to pay suppliers.” Uber has failed to pay Fetch $7 million “since learning of the extent of the fraud,” the company said in a complaint. Uber has been known to stop paying agencies and vendors in some cases; at least a dozen partners claim Uber still owes them money, WSJ reports. More.

Where Am I?

In 2017, ad buyers are sometimes unsure what type of auction they’re bidding in. Some vendors obscure auction dynamics by making first-price auctions look like second-price auctions to buyers. Such practices are not always shady, since first-price auctions make more sense in some situations (for instance, by ensuring the highest bidder wins). Regardless, it’s hard for a buyer to beware if they don’t have all the information. To that end, several SSPs, including OpenX, AppNexus and Rubicon, independently have said over the past couple of weeks that they’re going to start passing data within bid requests to give buyers a heads-up on the type of auction they’re bidding in. But buyers aren’t overly impressed. Jay Friedman, COO at programmatic agency Goodway Group, called the recent announcements “a bit of a PR play for the SSPs.” Digiday has more.

God Save The King

In the latest move in its seemingly endless reorg, Publicis Groupe has named Publicis Media boss Steve King to oversee all UK businesses. King will head four solutions hubs in the region (creative, media, digital and health care). Publicis will name similar leadership roles in other markets soon, Campaign reports. The idea is to bring all regional Publicis businesses under a single P&L to make it easier for clients to work across disciplines. King will remain global CEO of Publicis Media in addition to his UK responsibilities. More.

But Wait, There’s More!

You’re Hired!

Tagged in:

Must Read

VideoAmp Bets On AI To Connect Ad Planning And Measurement

VideoAmp is competing in the measurement space by sharpening its focus on TV audience data, ad performance and, of course, AI. The company is also making strategic hires and promoting from within.

Comic: Header Bidding Rapper (Wrapper!)

Sure, Debates Between Prebid Members Can Get Heated. That’s Why It’s The Programmatic Melting Pot

The Prebid Summit in New York City on Tuesday exceeded the event’s reputation for liveliness.

Has The Ad Industry Lost The Pulse Of American Consumers?

The ad industry has become a community of people who say things like “This is going to sound relatable” and follow it up with a sentence that may as well be Martian to 99% of America.

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

LG And Magnite Launch Agentic Home Screen Ads With A Winning NFL Quarterback

LG home screen inventory is now available through agentic buying, opening up a premium TV placement to faster, more automated campaign setup.

Prebid’s Proposed Auction Overhaul Would Do What The Court Wouldn’t: Separate AdX From GAM

Reorienting the ad auction so that ad servers bid into Prebid lets publishers access demand from Google AdX without also having to use Google’s ad server.

Meet Starling, The Startup That Says It’s More Than Just Another CTV SSP

Starling recently launched as a connected TV SSP and wants to capitalize on the opportunity to address a major pain point facing CTV marketers: the lack of show-level data.