Why it matters. Public ad-tech boards now have four recent take-private deals to cite as the standard exit when growth stalls, weakening the case for staying listed even amid revenue growth like Trade Desk’s.
Signal from digiday.com · Seb Joseph, Krystal Scanlon · read the original.
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Continue free →The FTC and 22 state attorneys general sued Amazon, alleging it secretly overrode its ad auction to charge higher rates, overcharging more than 1.2 million advertisers and generating over $20 billion in revenue since 2018.
OpenAI’s advertising business has reportedly reached a $1 billion annualized run rate, according to reports cited by EMARKETER.
OpenAI said its ChatGPT Ads business has reached a $1 billion annualized revenue run rate, and expanded Ads Manager to India, Europe, the Middle East and North Africa.