digital ads
Coverage of digital ads in the Nexus archive.
- Google's Q2 earnings of $112.11B beat Wall Street's expectations on AI boom
Alphabet Inc. reported Q2 earnings of $112.11 billion, exceeding Wall Street expectations, driven by AI investments and strong advertising revenue. Revenue rose 24% to $119.8 billion, with digital ads and cloud growth fueled by AI advancements.
- Fox steps up streaming ambitions with $22 billion Roku acquisition
Fox is acquiring Roku for $22 billion to boost its streaming ambitions, combining Fox's sports, news, and entertainment content with Roku's connected-TV devices and digital ads business. The deal, expected to close in the first half of 2027, would make Fox the third-largest player in US TV by share of viewing.
- Arbitrum token jumps 5% on news LG Electronics is building a new blockchain
LG Electronics is building a new blockchain based on Arbitrum to serve as a platform for placing, buying, selling, and managing digital ads. The Arbitrum token has increased by 5% following the news.