I haven’t obsessed recently about Google, Facebook and Amazon taking over the world, but that doesn’t mean I’m over it. ComScore just reported that Facebook and Google own eight of the top ten mobile apps, the top ten apps capture 53% of mobile app time, and mobile apps occupy more than half of all media time. Don’t cry for Amazon: their app was rated most essential by Millenials.
Indeed, Amazon is nibbling at Google’s advertising business, taking something between $1 billion and $2.5 billion ad revenue in 2016. Google’s ad revenue was about $70 billion last year, so it’s not a big deal yet. But Amazon is famously persistent.
Google is invading Amazon’s turf in turn. They recently signed an alliance with no less than Walmart to make it easier to buy Walmart products through Google Express and the voice-powered Google Assistant. Costco and Target had already done similar deals. What’s that saying – when elephants dance, the ants get crushed? Look up!
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