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Perplexity AI’s ad integration plan draws shock, mockery: ‘This company is toast’

The company reportedly intends to charge a much higher-than-average premium for ad space in its AI-powered search engine.

Artificial intelligence firm Perplexity AI has come under public scrutiny amid its reported plans to place ads in its AI-powered search engine. While many view this as the natural progression for the generative AI industry, at least one analyst has suggested this could lead to the company’s untimely demise. 

Perplexity AI’s primary product is a “conversational search engine.” It essentially combines generative AI technology — similar to the tech underpinning OpenAI’s ChatGPT and Anthropic’s Claude — with search engine algorithms similar in concept to those used by Google Search or Microsoft Bing.

Reports recently surfaced indicating that Perplexity AI intends to integrate advertising into its product. According to a pitch deck seen by CNBC, those plans include charging advertisers $50 per every 1,000 impressions — which is measured as “cost per mile,” or CPM.

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Openseason Is a Thrilling Web3 Battle Royale

Google Faces Lawsuit After $5M in Crypto Stolen via Play Store App

Google Faces Lawsuit After M in Crypto Stolen via Play Store AppA Florida woman, Maria Vaca, has sued Google in a California state court, alleging that a cryptocurrency wallet app she downloaded from the Google Play Store was malicious and resulted in the theft of $5 million in cryptocurrency. Vaca claims the app, Yobit Pro, exploited Google’s marketing that portrayed the Play Store as a secure […]

Openseason Is a Thrilling Web3 Battle Royale

TikTok could soon be flooded with AI avatars in ads

TikTok’s new tools include AI-powered digital avatars that brands can dub over and use to sell their products in multiple languages.

TikTok could soon be awash with ads featuring artificial intelligence-powered “digital avatars” that brands can make to say virtually anything to promote their product

TikTok announced on June 17 that it’s expanding its Symphony ad suite with “stock avatars” and an “AI dubbing” feature it claims helps brands create and localize content.

The stock avatars are “all created from video footage of real paid actors that are licensed for commercial use,” and users can choose an AI-powered “voice and accent” to read out a script which will be dubbed onto the avatar, TikTok said.

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Openseason Is a Thrilling Web3 Battle Royale

Algorand causes a stir with new ad bashing Bitcoin, Ethereum and Solana

The Algorand Foundation’s latest ad takes a swipe at the “big three” crypto networks, saying they're too slow, too expensive or prone to failure.

The foundation behind layer-1 blockchain Algorand has attracted mixed feelings over a new ad that takes a big swipe at rival networks Bitcoin, Ethereum, and Solana — suggesting they are not suitable for payments. 

On May 23, the Algorand Foundation released a new advertisement on YouTube titled “When blockchains meet the real world, only one delivers.”

The ad features a supermarket checkout with shoppers attempting to pay in three different crypto assets, Bitcoin (BTC), Ether(ETH), and Solana (SOL).

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Openseason Is a Thrilling Web3 Battle Royale

X Launches ‘AI Audience’ for Advertisers, Promises Precision in Targeting

X Launches ‘AI Audience’ for Advertisers, Promises Precision in TargetingThe business account for the social media platform formerly known as Twitter, now referred to as ‘X,’ announced a new artificial intelligence (AI)-enhanced feature for advertisers called “AI Audience.” This feature enables advertisers to define their target audience in brief descriptions, after which X’s AI systems will quickly generate a relevant user pool for that […]

Openseason Is a Thrilling Web3 Battle Royale

On-chain data — The missing link in Web3 advertising

Web3 advertising platform Addressable is tapping into AppsFlyer’s mobile analytics to improve marketing for mobile applications.

On-chain wallet data promises to be a game-changer for companies looking to target Web3 users, developers and traders — but this hinges on infrastructure connecting wallets to social media profiles.

Cointelegraph spoke to Addressable chief technology officer Asaf Nadler during Paris Blockchain Week, who unpacked details of a new partnership with mobile analytics platform AppsFlyer to improve marketing campaigns for Web3 applications.

Nadler said the company is looking to solve user acquisition challenges in the cryptocurrency ecosystem. Conversations with more than 300 marketers over the past two years have centered around reaching a target audience based on on-chain activity.

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Openseason Is a Thrilling Web3 Battle Royale

Russian telecoms giant MTS announces ads service targeting Telegram users

Telegram denies that it has entered any advertising-related agreements with Russian companies.

Russia’s largest telecommunications firm, MTS, claims it will launch an advertising service targeting Russian Telegram users, but the social messaging application denies it has any agreements in place.

The company made the announcement on Oct. 17, outlining the launch of advertising services for clients targeting the audience of specific channels, categories, interests and geolocation. MTS explicitly states that the service targets phone numbers of Russian operators.

Telegram spokesperson Remi Vaughn told Cointelegraph that the company hasn’t entered into any ad-related agreements with any Russia-based companies, including MTS:

“They may be accessing Telegram ad platform features via one of the global ad agencies we work with, but we can confirm that no partnership or agreement exists between Telegram and MTS.”

MTS unpacked details of the new service, which touts the promotion of messages, groups and bots with links inside Telegram, as well as messages with links to external sources in Telegram Ads, allowing users to be directed to external sites and applications.

MTS described the service as a means to turn Telegram “into a performance tool with a high level of trust” that could reach a daily audience of 55 million Russians.

Related: TON raises 8-figure sum from MEXC to make Telegram a Web3 super-app

A statement from MTS advertising director Elena Melnikova reiterated that the launch of the service would enable clients to target Telegram users based on a variety of external user data:

“Russian businesses and advertising agencies will be able to launch advertising in Telegram based on external data - MTS Big Data segments, their own CRM systems based on phone numbers.”

The service also touts the exclusion of a minimum budget threshold, meaning users can create and run advertising for any amount. The cost per message for small and medium-sized businesses to their own databases is set to be fixed at 90 kopecks ($0,0092).

MTS also reports that all adverts launched in Telegram Ads through its MTS Marketer service align with Russian advertising laws. MTS serves over 80 million subscribers through its Russian mobile business.

Cointelegraph has reached out to MTS to clarify details of the service and whether it has entered into a formal agreement with Telegram or is alternatively delivering the service through third-party advertising agencies.

Magazine: Beyond crypto: Zero-knowledge proofs show potential from voting to finance

Openseason Is a Thrilling Web3 Battle Royale

Google Chrome launches built-in user tracking for advertisers

Chrome’s Privacy Sandbox tracks users’ behavior within the browser instead of relying on third-party cookies.

Google Chrome launched its built-in tracking and ad-curation platform, “Privacy Sandbox,” on Sept. 7 for general availability, according to a company blog post. The platform was originally rolled out to a small percentage of users but is now available to around 97% of users. Google said the remaining 3% will be onboarded over the next few months.

Privacy experts have criticized the new tracking system. But in its announcement, Google defended it, stating that Privacy Sandbox needs to be implemented to eliminate third-party cookies and fingerprinting.

Over 80% of websites use Google’s Adsense service to generate ads on their pages, according to business analytics platform 6sense. To target ads to readers effectively, Adsense embeds cookies in the user’s browser. These cookies track users’ behavior as they browse from site to site, gathering data that can be used to determine what products they may be interested in buying. Because these cookies are produced by Google rather than the website being visited, they are often called “third-party cookies.”

Some competing ad platforms such as Microsoft Ads also use third-party cookies.

Privacy advocates have criticized the practice of embedding third-party cookies, and some users have sought ways to block them. Apple’s Safari, Mozilla’s Firefox and Brave’s Brave browser have all implemented blocks on third-party cookies by default. Chrome users can also choose to block these cookies through the settings menu.

In a January 2020 blog post, Google argued that browsers should not block third-party cookies by default until an alternative tracking system is created. “Some browsers have reacted to these concerns by blocking third-party cookies,” the post said, “but we believe this has unintended consequences that can negatively impact both users and the web ecosystem.” 

According to Google, blocking third-party cookies may lead to “[encouraging] the use of opaque techniques such as fingerprinting (an invasive workaround to replace cookies), which can actually reduce user privacy and control.”

The Sept. 7 announcement echoes these earlier statements, claiming:

“Without viable privacy-preserving alternatives to third-party cookies, such as the Privacy Sandbox, we risk reducing access to information for all users, and incentivizing invasive tactics such as fingerprinting.”

Google Chrome’s new Privacy Sandbox platform allows user data to be tracked within the browser itself. For this reason, Google believes it will enhance privacy, as it will do away with the need for third-party cookies. However, Google also emphasized that it will not start blocking third-party cookies by default until a later date.

Related: Google responds to accusations of ads tracking data of children

The Electronic Frontier Foundation, a digital privacy advocacy group, argued that an earlier version of the Privacy Sandbox did little to enhance privacy, as it continued to track users’ behavior, albeit within the browser instead of through cookies. According to the group, the Privacy Sandbox could be even more invasive than third-party cookies in some respects.

The new Chrome interface reveals that Privacy Sandbox can be turned off through three different settings within the “Ad privacy” menu.

Chrome Ad privacy settings. Source: Chrome browser for Android

Brave browser also implements a platform called “Brave Ads,” which tracks users’ behavior. This feature is turned off by default, and if users choose to opt in, they get paid in Basic Attention Token (BAT) for ads they view.

Openseason Is a Thrilling Web3 Battle Royale

Back on track: Kraken inks F1 crypto sponsorship deal with Williams Racing

Kraken has inked a partnership deal with Williams Racing marking the first major return to F1 for crypto this year.

Formula 1 teams could be warming to crypto advertising again despite a crypto sponsorship exodus in the wake of last year’s high-profile meltdowns.

On March 28, American crypto exchange Kraken announced that it was partnering with the Williams Racing F1 team in a new sponsorship and Web3 deal. The move marks the first major crypto company to ink a new deal in Formula 1 racing this year.

The deal will not only involve Kraken branding emblazoned on the Willams race cars, but branded team merchandise and nonfungible tokens (NFTs) for team fans to collect.

The rear wing of the car will also showcase KrakenNFT customer-owned digital collectibles artwork from leading third-party NFT projects at select races.

Williams Racing commercial director James Bower said, “We’re excited to get the partnership underway to offer our fans cutting-edge crypto and Web3 experiences, while also enabling Kraken to reach new institutional clients and businesses through our network and events.”

Several Formula 1-racing teams quickly dropped their crypto sponsorship deals when things started to melt in late 2022. In mid-November, the Mercedes F1 team suspended a partnership agreement worth an estimated $27 million with the embattled FTX exchange.

Furthermore, Ferrari abruptly ended a long-term arrangement with the Swiss blockchain organization Velas in January. Alfa Romeo dropped its sponsor, Vauld, following troubles at the crypto lender last year.

In September, Singapore put the brakes on crypto advertising around the track but allowed it to remain on the cars. Other countries including France also placed restrictions on trackside crypto commercials last year forcing some teams to remove them.

Related: Merch and perfume: Formula One trademark filing paves the way for F1 NFTs

However, some sponsorship deals have remained. The Aston Martin team has retained its crypto sponsors Crypto.com and Socios. Binance remains the partner of the Alpine team and OKX and Tezos are still with McLaren Racing, according to reports earlier this month.

Meanwhile, the Red Bull racing team has retained its crypto sponsor Bybit and OpenSea is still with Haas.

Source: Bloomberg

Kraken’s deal with Williams Racing could be the beginning of a return to racing and sports for crypto companies in 2023 as markets recover.

Openseason Is a Thrilling Web3 Battle Royale

Crypto Ads in Belgium to Feature ‘Punchy Warning’ of Risks, New Rules Imply

Crypto Ads in Belgium to Feature ‘Punchy Warning’ of Risks, New Rules ImplyThe financial regulatory body of Belgium has been tasked by the government to regulate advertisements for cryptocurrencies. New rules, set to enter into force in May, oblige advertisers to clearly warn investors of the risks associated with the digital assets. Belgium Poised to Protect Consumers From Misleading Crypto Advertisements Belgium’s Financial Services and Markets Authority […]

Openseason Is a Thrilling Web3 Battle Royale