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Stock impact report

Perplexity brings ads to its platform [TechCrunch]

News Corporation - Class B (NWS) 
US:NASDAQ Investor Relations: investors.newscorp.com/investor-relations
Company Research Source: TechCrunch
Ads will appear in the U.S. to start, formatted as “sponsored follow-up questions.” (E.g., “How can I use LinkedIn to enhance my job search?”) Paid media will be positioned to the side of answers, and labeled as “sponsored.” Brands and agency partners participating in Perplexity's ad program include Indeed, Whole Foods, Universal McCann, and PMG. One of Perplexity's experimental ad formats. Image Credits: Perplexity “Ad programs like this help us generate revenue to share with our publisher partners,” Perplexity writes in a post on its blog. “Experience has taught us that subscriptions alone do not generate enough revenue to create a sustainable revenue-sharing program. [A]dvertising is the best way to ensure a steady and scalable revenue stream.” Perplexity asserts that answers to “sponsored questions” will still be generated by its AI — not written or edited by the brands sponsoring the questions. Advertisers also won't get access to users' personal info, the company says Show less Read more
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