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Facebook Is Still Figuring It Out. Will Advertisers and Investors Wait Around?

“Advertisers are learning and experimenting” with Facebook’s ad business, says Facebook itself. GM’s move shows the downside of making it up as you go.

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News Byte

Harvey Geller, Universal Music Group’s Top Lawyer, Is Out

Harvey Geller, Universal Music Group’s longtime lawyer, left the company earlier this week. A person familiar with Universal said Geller was now headed for another job but didn’t have other details. His name will be familiar to many digital-media companies, since he often led fierce and sustained battles against them on behalf of the world’s biggest music label.

Google Says Forced “Sharing” Is a Bug, Not a Feature

No, you don’t have to spam that AdWeek story to your pals before you read it. But somebody’s gotta pay something for this stuff, someday.
all is well

News Byte

Cannes Ad Conference Roars for Twitter’s Jack Dorsey

The Cannes Lions, the people who put on a giant advertising trade show every year in France, have named Twitter’s Jack Dorsey as their “Media Person of The Year.” The honorific comes as Twitter has begun ramping up its ad-selling efforts. For context: Previous winners include Google’s Eric Schmidt and Facebook’s Mark Zuckerberg.

Pinterest Prompts a Start-Up’s Pivot: Meet Curalate, an Analytics Engine for Images

You’re a brand that has lots of stuff on Pinterest. How do you find it?
curalate haystack

A Ray of Light for the New York Times

In 2014.
new york times building

Ross Levinsohn’s Yahoo Plan: Back to the Future

Want to figure out what Yahoo’s new boss wants to do with the company? Look back at what he did last year.
Levinsohn

Is YouTube’s Ad Pitch Working?

YouTube is trying to convince advertisers to spend big dollars on its upgraded content. They seem receptive.
youtube WIGS

Microsoft’s Sneaky Success: The Xbox Is the Most Popular Video Player in the U.S.

New data says the game player serves up more video than the iPad, iPhone or Android. Google TV or Apple TV are so far behind they don’t even make the cut.
xbox_dash_search

News Byte

“Cross-Device” Ad Tracker Drawbridge Rounds Up $6.5 Million From Sequoia, Kleiner Perkins

Drawbridge, an ad tech start-up founded by AdMob engineer Kamakshi Sivaramakrishnan, has raised $6.5 million from Sequoia Capital and Kleiner Perkins Caufield & Byer. Drawbridge says it can help marketers target potential customers by tracking them as they move around from device to device — like from a laptop to an iPhone. Sivaramakrishnan put in six months at Google after it acquired AdMob, before starting her own company.

News Byte

Washington Post Finishes Digg Deal

The Washington Post has closed its deal to acquire some of Digg’s technology staff, who will go to work for SocialCode, a Washington Post subsdiary that helps marketers buy ads on Facebook and Twitter. AllThingsD had previously reported that the Digg hires would work alongside the team that built the paper’s Social Reader; that team works for WaPo Labs, a different subsidiary.

Adaptly Tries to Ride Facebook’s Ad Rise, With a $10.5 Million Round

AOL Offers Up an Earnings Beat, But a Disappointing Ad Number

Stalking the Elusive Cord-Cutter: Pay TV Grew Last Quarter (Again)

Google Gets Deeper Into the Content Business, by Putting Money Into Machinima

Another Big Newspaper Says Digital Ads Shrank Last Quarter

Discovery Gets a Web Video Arm, Courtesy of Revision3

YouTube Gets Jay-Z to Help Sell TV

Amazon Gets Into the Sitcom Business

Time Inc. Shrinking Again

Spotify (Finally) Shows Up on the iPad

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Twitter’s still in its honeymoon period, but that won’t last forever. At some point, it’s going to be less of a wunderkammer, and more of a regrettable necessity.

— Reuters finance blogger Felix Salmon, in an article entitled “Why Twitter will get more annoying”