Facebook's loss might be proving to be Google's win. Just as Facebook is tweaking its news feed to weaken the emphasis on news, Google is capitalizing on it by winning a big share of traffic growth that publishers are seeing on their platforms. Sara Fischer, Media Reporter at Axios, was with us to discuss big tech's play on the shifting news industry.
According to new data from Chartbeat, the vast majority of traffic growth publishers are seeing from platforms is now coming from Google AMP (Accelerated Mobile Pages). Fischer said this is a big red flag for digital publishers to invest in Google AMP. Traffic to publishers using AMP is up 100% since 2017, according to the data.
The head of its Journalism Project Campbell Brown said twice at Recode's Code Media conference on Monday that they should've been more transparent around experiments and tests. She said going forward, Google, Snapchat, and Twitter should learn from Facebook's experience. The best thing for these companies to do is to communicate goals with publishers, added Fischer.
Wealthy individuals and industry leaders are driving soaring sports team valuations, fueled by private equity and growing interest in leagues like the WNBA.
The incoming Fed decision will likely be good news for consumers with high-yield saving options, but bad news for borrowers (like anyone with high credit debt).
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Inflation is still high, and economic activity is starting to slow down. But before you start to panic about stagflation, wait to see this week’s jobs report.
With buildings responsible for over 40% of emissions worldwide, the CEO of Kelvin breaks down how its technology can be used to retrofit traditional radiators.