Street Fight Daily: Scandal Fails to Dent Facebook’s Growth, AI Biz Expected to Boom

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A roundup of today’s big stories in hyperlocal publishing, marketing, commerce, and technology…

Increased Facebook Ad Prices Drive Revenue Growth (AdExchanger)
Facebook might be weathering more headwinds than you can shake a stick at right now, but that didn’t stop it from posting gangbuster earnings on Wednesday. TechCrunch: Facebook warns GDPR could flatten or reduce European growth.

Sprinklr Launches AI Solution to Help Brands Manage Customer Experiences at Scale (Street Fight)
Dubbed Sprinklr Intuition, Sprinklr’s AI tool can process an average of 700 million messages per day across social channels, and it becomes smarter with each customer interaction.

Gartner Expects the AI Business Market to Grow 70% This Year (AdWeek)
While it seems like everybody and their cyborg seems to be thinking about artificial intelligence, a report seems to show there is real business value in the AI market.

Top Experts Hold Conclave in Major Effort to Save Local News Industry (Street Fight)
“The news industry now has to be very much focused on understanding users and delivering to them a very powerful, useful experience so they will be happy to pay for it,” says veteran journalist Bill Densmore.

Advertisers, Agencies Agree Transparency in Ad Buying Is A Problem, But Disagree on the Blame (Digiday)
The blame game between advertisers and agencies is stalling the former’s efforts to uncover what happens to money spent on programmatic ads.

Snap Debuts Spectacles 2, And They’re Better Than the Originals in Nearly Every Way (Mashable)
Karissa Bell: The design is slimmer and looks more like regular sunglasses, the video quality is better, they’re waterproof, and they can finally snap still photos in addition to 10-second video clips.

With In-Car Delivery, Amazon Tests How Much Privacy People Will Sacrifice for Convenience (LA Times)
At a time of heightened concern about user privacy, one of the world’s biggest technology companies is seeking access to one of users’ most private places: the trunks of their cars.

Mic’s Top Business Exec Departs After a Year on the Job (Recode)
Jonathan Carson, who joined the millennial-focused startup a year ago as its president, is transitioning out of the company over the next few months, said Mic CEO Chris Altchek, who described the move as a mutual decision.

Joe Zappa is the Managing Editor of Street Fight. He has spearheaded the newsroom's editorial operations since 2018. Joe is an ad/martech veteran who has covered the space since 2015. You can contact him at [email protected]