The Big Money reports that Google has made a "minor shift in its policy that has major implications." Instead of banning scammy ads for bogus teeth whiteners and stomach flatteners, Google will now ban the advertiser itself, "effectively neutering the advertiser's ability to shift from one ad and shell site to another."
Think of it like the struggle between the police and a graffiti vandal. Up until now Google has only been erasing the tags after they've been put up. Going forward, they're going to take away his spray cans and put a GPS collar on him, making sure he never does it again. It would be a principled stand by any company, but especially by Google because of its position in the market. I worry, though, that the rest of the industry won't pay attention. On this issue, Google might be a leader without any followers.
Google Does Non-Evil Thing: Bans White Teeth, Flat Stomachs
The public markets are hungry: as Uber and Lyft look to IPOs to let their investors -- who have been subsidizing 40-50% of every ride -- redeem their shares through sales to the public capital markets, the companies are desperate for ways to reduce their unprofitability and increase those share prices.
Pepsi's plan to pay a Russian company called Startrocket to loft an artificial constellation of cubesats with mylar sails to advertise a "nonalcoholic energy beverage" has been cancelled for unspecified reasons (the company says its prototype launch using high-altitude balloons was a "one-time event").
* whether they deserve one or not
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