By Staff Reporters
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Facebook and Google appear to be an empire in decline.
Considered for years to be a “duopoly” over the advertising industry, they are on track to account for only 48.4% of US ad revenues this year. It’s the first time their market share has fallen below 50% since 2014, per Insider Intelligence.
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And, some suggest TikTok, Apple, Amazon, and Microsoft are slowly and successfully clawing away business from the duopoly.
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Filed under: Breaking News, iMBA, Inc., Information Technology, Investing, Op-Editorials | Tagged: "Duopoly" in Decline, decline, duopoly, Facebook, FACEBOOK & GOOGLE, FACEBOOK & GOOGLE: "Duopoly" in Decline?, google, stocks |
Google Gone?
Google just announced it’s laying off about 12,000 staff, or 6% of its global workforce.
Gregory
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