Bloomberg Campaign Buys Ads Above Bloomberg News Google Search

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.
Bloomberg Campaign Buys Ads Above Bloomberg News Google Search

© Drew Angerer / Getty Images

People who go to Google and put in the search term “Bloomberg” in the hope of finding either the Bloomberg news site or the corporate site for the trading terminal and information company will find an ad above the listings. It is for the Bloomberg presidential campaign website, Mike Bloomberg 2020 | We’re All In This Together‎. It is a way for the campaign to take advantage of the Bloomberg search term, which brings back 300 million results.

It is impossible to know what the Bloomberg campaign pays for the ad, which is a typical, paid search text link that Google sells next to its normal, unpaid search results. The ad format is what brings Google the vast majority of its revenue. Based on Bloomberg’s huge advertising investment in his run for president, the figure hardly matters. Bloomberg has spent more than $100 million on advertising so far. That figure is expected to rise sharply between now and “Super Tuesday” on March 3. Fourteen states hold their primaries that day. Bloomberg, if elected, almost certainly would be the wealthiest man in history to hold the office.

Bloomberg hopes that the delegates he picks up that day will catapult him near the lead of those running for the nomination. According to NPR, Bloomberg also has hired over 200 staff members to work in 22 states. He knows he has a very limited time to push aside candidates who, in some cases, have been campaigning for almost a year.

One has to wonder what the staff at Bloomberg, particularly the news service, think about the Google search ad tactic. Bloomberg already has told them they cannot do investigative reporting about him.

[nativounit]

The Bloomberg search term is not the only one that the Bloomberg campaign uses to get traffic to his presidential website. A search for “Bloomberg news cannot write about Bloomberg” brings results that run below a link to the paid presidential campaign site as well.

[recirclink id=600658]
[wallst_email_signup]

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

Continue Reading

Top Gaining Stocks

CBOE Vol: 1,568,143
PSKY Vol: 12,285,993
STX Vol: 7,378,346
ORCL Vol: 26,317,675
DDOG Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ Vol: 4,367,433
CLX Vol: 13,260,523
SYK Vol: 4,519,455
MHK Vol: 1,859,865
AMGN Vol: 3,818,618