Advertising

A look at how companies try to reach potential customers.

Facebook reinstates data firm it suspended for alleged misuse, but surveillance questions linger

Crimson Hexagon, a Boston (MA) data analytics company, raised some eyebrows recently when it announced that its access to the firehose of user data from Facebook and Instagram had been reinstated—after being suspended and investigated by the social media giant for alleged misuse of data for surveillance purposes. The reinstatement, which began earlier in Aug, followed “several weeks of constructive discussion and information exchange,” said Dan Shore, Crimson’s chief financial officer.

5 facts about the state of the news media in 2017

Every year since 2004, Pew Research Center has issued an annual assessment of the state of the news media that tracks key audience and economic indicators for a variety of sectors within the US news media industry. Here are the key findings for 2017:

Industry Thoughts for FTC

The News Media Alliance, which represents the newspaper industry, laid out a potential antitrust case against its foes, Google and Facebook, in comments filed with the Federal Trade Commission. The organization outlined legal considerations — including non-price harm to consumers, such as the newspaper industry’s ability to sustain journalism — and explained “how they connect to a potential antitrust case against one or more platforms.” 

HUD Sec Carson accuses Facebook of enabling housing discrimination

Housing Sec Ben Carson accused Facebook of enabling illegal housing discrimination by giving landlords and developers advertising tools that made it easy to exclude people based on race, gender, zip code or religion -- or whether a potential renter has young children at home or a personal disability. The action, which comes after nearly two years of preliminary investigation, amounts to a formal legal complaint against the company and starts a process that could culminate in a federal lawsuit against Facebook.

‘Weaponized Ad Technology’: Facebook’s Moneymaker Gets a Critical Eye

Facebook has made a mint by enabling advertisers to identify and reach the very people most likely to react to their messages. Ad buyers can select audiences based on details like a user’s location, political leanings and interests. And they can aim their ads at as few as 20 of the 1.5 billion daily users of the social network. Brands love it. So do political campaigns. But microtargeting, as the technique is called, is coming under increased scrutiny in the United States and Europe.

Google releases political ad directory

Google is rolling out the online library of US political ads it promised lawmakers in 2017, along with a report detailing political ad-spending trends across its platforms.

Google-Facebook Dominance Hurts Ad Tech Firms, Speeding Consolidation

Online advertising companies have struggled for several years as Google and Facebook solidified their grip on digital dollars, slowing revenue for the others. Now, many ad tech companies and their investors are throwing up their hands. Venture capital money going into ad tech start-ups is falling sharply, helping push a wave of consolidation. Financing reached a high of $2.92 billion in 2015, but this year, it is on pace to be less than half that, according to CB Insights, a financial research firm.

Retailers are marketing directly to kids shopping on their smartphones

Children and preteens are more connected to the Internet than ever, which means retailers are looking for new ways to market — and sell — directly to young shoppers on their phones, tablets and laptops. Gone are the days of blanket television ads, marketing experts say. Instead, companies are flocking to Snapchat, YouTube Kids and other mobile apps to reach children with personalized messages. Nearly half of 10- to 12-year-olds have their own smartphones, according to Nielsen. By the time they’re teenagers, 95 percent of Americans have access to a smartphone.

House Democrats Seek New Probe of Sinclair

Reps Frank Pallone (D-NJ) and Mike Doyle (D-PA) asked the Federal Communications Commission to investigate whether Sinclair Broadcast Group broke laws by allegedly influencing ad sales at rival Tribune Media, another potential setback in the TV station owners’ effort to merge.

Facebook looks to advance data privacy conversation

Tech companies are assessing their roles in protecting their users as officials in Washington debate whether the government should take a firmer hand in safeguarding Americans’ privacy.