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June 1, 2018 11:50 pm

Apple Is Reportedly Eyeing the Ad Business

An anonymous reader quotes a report from CNBC: The Wall Street Journal has published a new report detailing one thing we might expect to see on stage at WWDC next week: a digital ad platform expansion. According to the Journal, Apple has been in talks with major apps including Snapchat and Pinterest about the project: "Over the past year, Apple has met with Snap Inc., Pinterest Inc. and other companies about participating in an Apple network that would distribute ads across their collective apps, the people said. Apple would share revenue with the apps displaying the ads, with the split varying from app to app, they said." The report adds that the new ad effort would expand on the "nearly $1 billion" business of search ads, which it introduced to the App Store in 2016. In addition to app ads being display in search results in the App Store, developers could include advertisements in search results within their own apps: "Under the concept discussed internally and raised with potential partners, users searching in Pinterest's app for 'drapes' might turn up an ad distributed by Apple for an interior-design app, or Snap users searching for 'NFL' might see an ad for a ticket-reseller app, one of the people said."

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