News

Q3 Results For Google, Meta Show Chatbots Outpacing Search

MediaPost.com: MediaDailyNews · last updated
Google’s search division revenue grew by 12%, to $63.4 billion in Q3, while Meta’s ad revenue rose by 26% to $63.1 billion, CNBC reports in an analysis. This contrast reflects that chatbot users are clicking far fewer Google links, hurting the firm’s ad revenue. It also shows that Mark Zuckerberg’s investments in artificial intelligence are leading to better targeting tools for advertissers on Facebook and/or Instagram. “If ChatGPT or Claude or Muse is better at helping them find what they’re looking for, people’s search habits might change for the first time in a generation says Nate Elliott, an analysist for Emarketer. “That’s potentially catastrophic for Google’s ad business.”
View full article

here today, more tomorrow

We’ve launched briefing.center with a focus on the press and media.

And we’ve added Citizen Cartwright, a daily quick-read news summary by veteran Washington journalist Linda Cartwright. We’ve also created a new voting rights knowledge center for Citizen Cartwright subscribers. (You can sign up for a dedicated morning email at citizencartwright.com.)

You can sign up here for full access to press and media and Citizen Cartwright on briefing.center.

You can use briefing.center as the center of your information management, or just one of your tools. We’re happy to discuss your information needs.

Sign up