Mobile Minutes: Snapchat eyes ads; Apps promote other apps; Apple announces new event; Foursquare using geotargeting ads
Snapchat CEO Spiegel says untargeted advertising is
coming soon
Snapchat, the popular mobile app for disappearing
messages, is close to launching its first disappearing ads as the company sets
out to prove its $10 billion valuation.
Read more on Wall Street Journal
Roughly 75% of mobile app ads are just promoting other
apps
Estimates vary, but analysts say a significant majority
of ads in mobile apps simply promote other apps. Karsten Weide, an analyst with
IDC, pegs the total at between 60% and 75%; mobile ad company Fiksu says it's
between 50% and 85%, depending on the time of year.
Read more on CNNMoney
Apple announces special event: 'It's been way too
long'. Here's what to expect
The clamor surrounding the iPhone 6, iPhone 6 Plus and
Apple Watch may only just be cooling down, but today Apple has announced
another major event where we are expected to see the company refresh the rest
of its portfolio.
Read more on Forbes
Foursquare?s makeover favors ads as check-in buzz fades
Foursquare Labs Inc., whose once-novel check-in
application faded in popularity in the past five years, has crafted a plan to
make more money by tying advertising to a smartphone?s location. Now comes the
hard part: finding people to use it.
Read more on Bloomberg