Internet giants such as Google and Facebook rely on advertising revenue to finance their various endeavors. However, that business model is now being threatened by ad-blocking software. According to a report from PageFair and Priori Data, about 20 percent of smartphone users (nearly 420 million people worldwide) now block ads when browsing online via their mobile devices. The latest figures represent a 90 percent annual increase. While the use of ad-blocking software conserves data and loads websites faster, it “is costing the global advertising industry billions of dollars a year in lost revenue,” reports The New York Times. Continue reading Ad-Blocking Now Costing Advertisers Billions in Lost Revenue

While ethical questions can be raised in regards to ad-blocking, the advantages seem obvious. All those ads clutter up the page, slow down load times and eat up battery life, say proponents of ad-blocking software. Over four days, staffers from The New York Times tested ad-blocking apps Crystal, Purify and 1Blocker on their iPhones, and “measured how much the programs cut down on Web page data sizes and improved loading times, and also how much they increased the smartphone’s battery life.” The results favored ad-blockers for mobile devices. Continue reading Ad-Blockers Improve Load Times, Battery Life and Phone Bills