FTC Targets Amazon’s Ad Auctions, ChatGPT Hits $1B but Disappoints, and the Ad Market Keeps Climbing
Key Takeaways The FTC alleges Amazon secretly raised ad auction prices, with the complaint alleging more than $20 billion in advertiser overcharges. ChatGPT Ads reached a $1 billion annualized revenue run rate, while early campaign data shows weak conversion performance. U.S. ad spending rose 11.9% in July after a strong June driven by FIFA World […]