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Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

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Reproduced from eMarketer; Table: Axios Visuals

Google, the world's largest advertising company, is expected to lose ad revenue compared to last year due to the novel coronavirus pandemic, according to new figures from eMarketer.

Why it matters: It's the first time it's expected to see advertising declines year-over-year since eMarketer began tracking the company over a decade ago.

  • A large part of that loss can be attributed the declines in ad spend by the embattled travel industry, per The Wall Street Journal, which first reported the numbers.

The big picture: Ad-buying agency GroupM said in a forecast last week that it expects digital ad spending in the U.S. to decline 2.3% during 2020, following nearly a decade of double-digit growth. 

  • Facebook, Google, and other tech giants, which are now the largest ad businesses in the world, are expected to bear the brunt of those losses. 

Go deeper

Mike Allen, author of AM
Sep 25, 2020 - Politics & Policy

Biden pushes unity message in new TV wave

A fresh Joe Biden ad, "New Start," signals an effort by his campaign to make unity a central theme, underscoring a new passage in his stump speech that says he won't be a president just for Democrats but for all Americans.

What he's saying: The ad — which began Friday night, and is a follow-up to "Fresh Start" — draws from a Biden speech earlier in the week in Manitowoc, Wisconsin:

1 hour ago - Health

Biden says it's "not the time to relax" after touring vaccination site

President Biden speaking after visiting a FEMA Covid-19 vaccination facility in Houston on Feb. 26. Photo: Mandel Ngan/AFP via Getty Images

President Biden said Friday that "it's not the time to relax" coronavirus mitigation efforts and warned that the number of cases and hospitalizations could rise again as new variants of the virus emerge.

Why it matters: Biden, who made the remarks after touring a vaccination site in Houston, echoed CDC director Rochelle Walensky, who said earlier on Friday that while the U.S. has seen a recent drop in cases and hospitalizations, "these declines follow the highest peak we have experienced in the pandemic."

Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Annelise Capossela/Axios

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