Google and Facebook’s iron grip on the digital advertising market is starting to weaken, according to a new eMarketer report. Although both companies continue to grow, they will capture just 48% of new digital ad dollars in 2018, the research firm projects, versus the 73% of new dollars that their digital duopoly claimed in 2016. Overall, eMarketer expects Google and Facebook to control 56.8% of the digital ad market this year, down from 58.5% in 2017. Meanwhile, Amazon and Snap have begun to flex their advertising muscle. This year, for the first time, Amazon’s ad revenue will top $2 billion, and Snap’s will top $1 billion. The two upstarts are still tiny in comparison to Google ($40 billion) and Facebook ($21 billion), but they are growing far faster. By 2020, eMarketer predicts that Amazon will have overtaken Oath and Microsoft to claim the No. 3 spot in the market share rankings. “So far, [Amazon] has been conservative in its ad load,” eMarketer … [Read more...] about Watch out, Google and Facebook: Amazon ads are on the rise
Today is Akshaya Tritiya - that time of the year for many of us to buy gold. It’s believed to be an auspicious day to start new ventures as well. And because Akshaya Tritiya comes in the middle of the wedding season that is upon us already, most of us have our trips planned to local jewelers.But buying gold costs money and its prices go up and down, just like any other asset. Typically, we always suggest to be a bit cautious in buying gold to ensure you don’t go overboard (we Indians love our gold, do we not?). The good news is, this Akshasya Tritiya might just be a good occasion to buy gold. Moneycontrol has been saying for some time already.Gold prospectsClose Gold prices may move upwards in the next couple of years as the macro- economic picture changes globally. If you have been tracking US President Donald Trump’s tweets for the last couple of years, you would have noticed by now that the world trade and international relations are changing. The tariff wars … [Read more...] about Country celebrates Akshaya Tritiya today; is it time to invest in gold?
Gold prices have been on an uptrend in the international markets during June. After consolidating in a narrow range of US $1294 to US $1354 per ounce over the first five months of calendar year 2019, gold prices have given a strong break-out on the upside to mark a five-year high. Gold was trading at US $1384 per ounce in the international markets. In the Indian markets, the price of the August Futures were hovering at Rs 33804 per 10 gram on the Multi-Commodity Exchange. The price was up 2 per cent compared to the previous close. Rising gold prices are expected to benefit investors holding gold in their portfolios. We had written about the risk-reward for gold investors earlier.Will prices continue to head north?The prices of gold bounced back in the international markets after the US Federal Reserve decided to leave interest rates unchanged. The US Central Bank made it clear that there is a possibility of cut in key interest rates. This is a clear signal that the interest rates are … [Read more...] about Can gold add more shine to your portfolio?
Gold December futures traded in a range on Tuesday as fresh doubts about a trade deal between the United States and China dented appetite for riskier assets.International Gold hit the highest level since November 7. Citing a government source, CNBC reported that Beijing was pessimistic about a trade deal with the United States.Gold December futures were trading with a loss of Rs 189 or 0.49 percent at Rs 38,040 per 10 gram at 18:25 hours IST.Close Gains in equities and rupee's rise against the US dollar also weighed on gold prices. related news 'Little clarity on US-China trade deal, gold investors getting impatient' Oil falls from two-month high as US-China trade doubts dominate Gold price down Rs 179 at Rs 38,275 per 10 gram; silver slides 0.5% Sensex settled 186 points, or 0.46 percent, up at 40,469.70, while Nifty finished with a gain of 56 points, or 0.47 percent, at 11,940.10.The rupee recovered from initial losses to settle higher by 13 paise at 71.71 against the US … [Read more...] about Gold price today: Yellow metal trades volatile amid US-China trade talks; buy on dips
Just before Christmas, protesters took to the streets of San Francisco and Oakland to block Google’s double-decker shuttle buses. During one incident, a union organizer impersonating a Google employee berated a protester, “Why don’t you go to a city where you can afford it? This is a city for the right people who can afford it. You can’t afford it? You can leave. I’m sorry, get a better job.” The exchange, while staged, sounded plausible enough. Only a few weeks later, protesters slashed the tires and broke a window on another Google bus. advertisement advertisement These buses have become a visible symbol of tensions between tech transplants and longtime residents, who are increasingly clashing over the rise of income inequality in the area. This elaborate network of private transportation shuttling Silicon Valley workers out of San Francisco each day in Wi-Fi-resplendent comfort has allowed for an influx of high-paid tech employees to … [Read more...] about Can Silicon Valley Be Saved?