"Amazon AMZN, +0.11% is pressuring Google’s GOOGL, -0.09% GOOG, -0.19% search business, and its penetration in advertising is “frightening if not terrifying to some,” Sorrell said. He thinks there’s “a battle brewing” between Google and Amazon."
"Earlier this week on CNBC, Sorrell said Amazon and Snapchat parent Snap Inc. SNAP, +0.74% were emerging threats to Facebook and Google in the digital advertising space. But he said Amazon, specifically, threatened Google with its search bar that consumers have been increasingly using over Google to search for products."
Submitted March 03, 2017 at 05:50PM by dvdmovie1 http://ift.tt/2mnJWLB
