US mobile ad spending to soar
  • NEW YORK (AP)
  • --

Research firm eMarketer expects spending on mobile advertisements to hit nearly $9.6 billion in the U.S. this year, up from $4.4 billion in 2012 and from less than $1.6 billion in 2011 as Facebook and Google barrel ahead.

Mobile ads now represent nearly 23 percent of the money companies...

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