Home Ad Exchange News ISPs Worried About Google’s Shift To New Standard; Biden Backs Off Online Advertising

ISPs Worried About Google’s Shift To New Standard; Biden Backs Off Online Advertising

SHARE:

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

Rerouting Traffic

Google plans to use a new internet protocol (DNS over TLS) to improve security in its Chrome browser, and internet service providers are worried. Specifically, they fear Google’s shift to a new standard could change the competitive landscape in Google’s favor. “They fear being shut out from much of user data if browser users move wholesale to this new standard, which many internet service providers don’t currently support,” The Wall Street Journal reports. “Service providers also worry that Google may compel its Chrome browser users to switch to Google services that support the protocol, something Google said it has no intention of doing.” Google has found a rare ally in Mozilla, which is transitioning to the new protocol with its Firefox browser. Marshall Erwin, Mozilla’s senior director of trust and safety, claims the service providers’ concerns are misleading, and that they want to undermine the standard to retain access to DNS data. As the Journal reports, the House Judiciary Committee is looking into the change as part of its antitrust investigation. More.

Malarkey

Joe Biden’s campaign has scaled back online advertising so much that it’s only spending a fraction on Facebook and Google compared to its rivals. That’s an unusual and bad omen, indicating Biden’s candidacy doesn’t appeal to the young voters and activists present on social media, according to The New York Times. “Candidates rarely withdraw so much money from their online campaigns unless they are seeing weak results in online fundraising.” Now, Biden has shifted investment to traditional media (aka TV and direct mail) in states like Iowa – but that strategy isn’t really working either, as rival Elizabeth Warren has overtaken him in state polls. Read more.

Windows Shopping

Shopify has partnered with Microsoft to let merchants convert site and app visitors directly into audience segments in the Microsoft Advertising platform. It isn’t groundbreaking technology, but the deal makes Shopify the first commerce platform to plug into Microsoft Advertising. Read the release. The partnership also demonstrates how Shopify has strengthened its position (tripling its market cap since the beginning of 2018) by adding ad services and by positioning itself as the go-to independent alternative to Amazon and owned ecom platforms. The partnership may resonate with ecommerce marketers who are liable to feel boxed in by Google, Amazon and the big three marketing clouds, Oracle, Adobe and Salesforce.

Hunger Games

Venture firm TCG bought a majority stake in Food52 for $83 million in a deal that values the company at $100 million. TCG was interested in the food media brand because of its diversified revenue strategy across advertising and ecommerce, The Wall Street Journal reports. Food52, which offers readers recipes and home improvement tips, also runs an ecommerce line of cookware products designed with input from readers. It will use the investment from TPG to expand the line into brick-and-mortar stores. “With respect to verticalized digital media companies, we think it’s important for those businesses not to be advertising-based,” said TCG founder Mike Kerns. “We look for diversified business models.” More.

But Wait, There’s More

You’re Hired

Must Read

Google in the antitrust crosshairs (Law concept. Single line draw design. Full length animation illustration. High quality 4k footage)

Google And The DOJ Recap Their Cases In The Countdown To Closing Arguments

If you’re trying to read more than 1,000 pages of legal documents about the US v. Google ad tech antitrust case on Election Day, you’ve come to the right place.

NYT’s Ad And Subscription Revenue Surge As WaPo Flails

While WaPo recently lost 250,000 subscribers due to concerns over its journalistic independence, NYT added 260,000 subscriptions in Q3 thanks largely to the popularity of its non-news offerings.

Mark Proulx, global director of media quality & responsibility, Kenvue

How Kenvue Avoided $3 Million In Wasted Media Spend

Stop thinking about brand safety verification as “insurance” – a way to avoid undesirable content – and start thinking about it as an opportunity to build positive brand associations, says Kenvue’s Mark Proulx.

Privacy! Commerce! Connected TV! Read all about it. Subscribe to AdExchanger Newsletters
Comic: Lunch Is Searched

Based On Its Q3 Earnings, Maybe AIphabet Should Just Change Its Name To AI-phabet

Google hit some impressive revenue benchmarks in Q3. But investors seemed to only have eyes for AI.

Reddit’s Ads Biz Exploded In Q3, Albeit From A Small Base

Ad revenue grew 56% YOY even without some of Reddit’s shiny new ad products, including generative AI creative tools and in-comment ads, being fully integrated into its platform.

Freestar Is Taking The ‘Baby Carrot’ Approach To Curation

Freestar adopted a new approach to curation developed by Audigent that gives buyers a priority lane to publisher inventory with higher viewability and attention scores than most open-auction inventory.