The headline “Omnicom Media Group Launches Industry’s First Supply Chain-Based Media Activation Tool” sounds like a clever, if far-fetched, bit of newsjacking. But it turns out they’ve really given media planners a tool to adjust the products they advertise based on retail availability, pulling out-of-stock items and pushing available substitutes. It’s an impressive bit of technology.
Have retail media networks already become so common that new ones are no longer worth a mention? Quite possibly. But it still seems worth reporting that Marriott has extended the category to include hospitality companies, illuminating its overlap with digital-out-of-home networks. Yahoo will provide the underlying technology.
Spot2, a Mexican brokerage startup, announced a $4.2 million seed round led by Streamline Ventures. HOF Capital, Acrew Capital, H20 funds, and angel investors. Spot2 was founded in 2021. It holds the promise of enabling commercial real estate identification, validation, and lease closing in six times less time than usual. The proptech developed technology based on an algorithm that offers solutions to connect brands with available commercial spaces successfully.
Nearly one-third of major news publishers have blocked generative AI tools from reading their content. But that’s a drastic measure which could also exclude their results from conventional search engines. Microsoft has just given publishers the option to block access by Bing Chat without also removing their content from search results. We’ll see if competitors do the same.