Apple is likely to introduce its mobile ad platform Thursday at its iPhone developer event, say sources familiar with the company's plans. Expect to hear a loud cheer from Google, Apple's former ally and current competitor.
Why would Google applaud the entrance of a new advertising rival? Because Google is trying to convince federal regulators that it has advertising rivals so that it can proceed with its $750 million purchase of AdMob. That deal is being held up for review by the Federal Trade Commission, and there have been consistent murmurs from Washington that the purchase could be … Read more