• bitcoinBitcoin(BTC)$80,565.003.41%
  • ethereumEthereum(ETH)$2,427.215.74%
  • tetherTether(USDT)$1.000.06%
  • binancecoinBNB(BNB)$713.751.93%
  • rippleXRP(XRP)$1.312.79%
  • usd-coinUSDC(USDC)$1.000.04%
  • solanaSolana(SOL)$96.103.50%
  • tronTRON(TRX)$0.318655-0.97%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.051.52%
  • zcashZcash(ZEC)$1,321.244.09%
  • HyperliquidHyperliquid(HYPE)$83.31-1.50%
  • dogecoinDogecoin(DOGE)$0.0764812.45%
  • moneroMonero(XMR)$636.07-0.75%
  • USDSUSDS(USDS)$1.000.02%
  • whitebitWhiteBIT Coin(WBT)$77.974.09%
  • chainlinkChainlink(LINK)$11.524.22%
  • leo-tokenLEO Token(LEO)$9.360.57%
  • cardanoCardano(ADA)$0.1975943.80%
  • stellarStellar(XLM)$0.1673892.90%
  • bitcoin-cashBitcoin Cash(BCH)$284.453.58%
  • nearNEAR Protocol(NEAR)$4.032.25%
  • uniswapUniswap(UNI)$7.654.10%
  • daiDai(DAI)$1.000.03%
  • Ethena USDeEthena USDe(USDE)$1.000.07%
  • litecoinLitecoin(LTC)$55.883.07%
  • RainRain(RAIN)$0.005833-7.65%
  • CantonCanton(CC)$0.1030754.50%
  • avalanche-2Avalanche(AVAX)$8.762.45%
  • suiSui(SUI)$0.923.28%
  • USD1USD1(USD1)$1.000.00%
  • the-open-networkGram (prev. Toncoin)(GRAM)$1.17-0.58%
  • tether-goldTether Gold(XAUT)$4,108.732.47%
  • hedera-hashgraphHedera(HBAR)$0.0726134.00%
  • quant-networkQuant(QNT)$206.225.81%
  • Global DollarGlobal Dollar(USDG)$1.000.03%
  • shiba-inuShiba Inu(SHIB)$0.0000051.68%
  • BittensorBittensor(TAO)$235.203.07%
  • paypal-usdPayPal USD(PYUSD)$1.000.02%
  • crypto-com-chainCronos(CRO)$0.0521342.95%
  • Ripple USDRipple USD(RLUSD)$1.000.04%
  • EthenaEthena(ENA)$0.180204-1.39%
  • Ondo US Dollar YieldOndo US Dollar Yield(USDY)$1.15-0.04%
  • okbOKB(OKB)$111.543.12%
  • Circle USYCCircle USYC(USYC)$1.140.01%
  • pepePepe(PEPE)$0.0000050.67%
  • aaveAave(AAVE)$132.422.08%
  • Pump.funPump.fun(PUMP)$0.0043320.16%
  • OndoOndo(ONDO)$0.4085142.48%
  • MemeCoreMemeCore(M)$0.84-1.50%
  • BlackRock USD Institutional Digital Liquidity FundBlackRock USD Institutional Digital Liquidity Fund(BUIDL)$1.000.00%
TradePoint.io
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop
No Result
View All Result
TradePoint.io
No Result
View All Result

Google search shows bias to major brands, pushes ads: report

July 29, 2024
in Business
Reading Time: 4 mins read
A A
Google search shows bias to major brands, pushes ads: report
ShareShareShareShareShare

Google’s search engine inundates users with hidden ads and prioritizes major brands over quality sources — with less than half the results that it spits out meeting the needs of the intended query, according to a new report released Monday.

YOU MAY ALSO LIKE

Lockheed Martin paying $29.5M settlement after allegedly discriminating against white workers

News Corp posts record profitability in Q1, driven by Dow Jones, real estate, book publishing units

Finance website WalletHub found that the world’s most popular search engine — which has come under fire for one of its key features failing to show results for the attempted assassination of Donald Trump — displays top 10 results only from advertisers more than a third of the time.

Meanwhile, nearly 60% of the results are not transparent, according to the study portion of the report, which analyzed 48 of the most popular credit card and banking terms searched by consumers on Google with the intent of identifying the best financial products.

Google, which is facing a landmark antitrust lawsuit over its alleged monopoly of search, is the dominant player in the industry with a 90% market share.

Customer satisfaction is quickly dropping, with 63% surveyed saying that Google search results were better last year, WalletHub found.

“Google is reverting progress it had made,” WalletHub CEO Odysseas Papadimitriou told The Post ahead of the report’s release.

“I do believe that there is a breaking point that consumers can reach…when they say I need to go elsewhere.”

WalletHub CEO Odysseas Papadimitriou compared the search engine to a social media algorithm. REUTERS

Only 41% of the top 10 Google search engine results met the user’s intent, while 71% think the tool has a big-brand bias, according to WalletHub. 

Although users assume that Google does the work to find the best match for queries, this is not actually the case, Papadimitriou said. 

Instead, Google’s search algorithm relies on user engagement data: seeing what users click on and then recommending that content to future users.

The end product can be an echo chamber of faulty results.

Start your day with the latest business news right at your fingertips

Subscribe to our daily Business Report newsletter!

Thanks for signing up!

For example, if a user believes the Earth is flat and googles, “Why is the Earth flat?” they may get results confirming the Earth’s flatness. 

“That can make people feel like they’re satisfied, but that’s a mistake because they don’t go to a search engine like they go to a social network – to hear what they want to hear,” Papadimitriou told The Post. “They go to a search engine to look up facts.”

Google did not immediately respond to requests for comment.

The high amount of ads also can make it difficult for users to differentiate between sponsored advertisements and organic searches.

WalletHub found that 58% of the relevant search results that display only advertisements are not transparent about doing so.

The search engine has become filled with advertisements, the WalletHub CEO said. AP

Those ads can be costly to the users. The top product recommended by the first five relevant search results could cost consumers an average of $202, according to WalletHub.

Papadimitriou said he believes Google’s tendency to push ads is why users have started adding the phrase “Reddit” to the end of their searches, so the social network – home to lots of Q&A style open forums – will pop up with answers.

Since users started searching the phrase “Reddit” more often, Google – based on its user engagement data – began recommending Reddit content more often, Papadimitriou said. 

But he said bumping Reddit in search results is not a real fix – rather, it is like “saying I’m bleeding. Let me put a coat over the wound so people don’t see the blood.”

The Google search engine prioritizes big brands over independent creators, according to WalletHub. WalletHub

“People are telling you, look. We don’t want ads. We want to hear independent, honest voices and Reddit is one place we know that is happening,” he said. “But Reddit has its own issues.”

The report found that 84% of people would prefer better results from less well-known brands over the more well-known brands.

For some searches, this method of favoring major brands is not so bad. 

When users make a simple search for “tomatoes,” for example, a big name brand may show content about “cucumbers” while a small name brand shows content about “tomatoes.” Users will know to click on the small name brand.

But when users make more complex searches – about health or financial issues, for example – they don’t always have the knowledge and expertise to understand which result is better. So they will go with the big name brand.

“You can end up in a place where Google can get content from a few big companies. And that is a sad place to be for the web,” Papadimitriou said. “I think that will be the death of Google at that point, because people will [want] the open web. Real experts, real companies.”

Credit: Source link

ShareTweetSendSharePin

Related Posts

Lockheed Martin paying .5M settlement after allegedly discriminating against white workers
Business

Lockheed Martin paying $29.5M settlement after allegedly discriminating against white workers

November 5, 2026
News Corp posts record profitability in Q1, driven by Dow Jones, real estate, book publishing units
Business

News Corp posts record profitability in Q1, driven by Dow Jones, real estate, book publishing units

November 4, 2026
Fan favorite SoCal Chick-fil-A store closing by the end of 2026
Business

Fan favorite SoCal Chick-fil-A store closing by the end of 2026

November 4, 2026
Dems’ midterm sweep could bring crackdown on Wall Street as lefty leaders target data centers, crypto, prediction markets
Business

Dems’ midterm sweep could bring crackdown on Wall Street as lefty leaders target data centers, crypto, prediction markets

November 4, 2026
Next Post
Top Story with Tom Llamas – May 7 | NBC News NOW

Top Story with Tom Llamas - May 7 | NBC News NOW

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
GOP Sen. Pete Ricketts fends off independent Dan Osborn in Nebraska Senate race – NBC News

GOP Sen. Pete Ricketts fends off independent Dan Osborn in Nebraska Senate race – NBC News

November 4, 2026
Trump expected to name Jay Clayton as AI czar

Trump expected to name Jay Clayton as AI czar

November 2, 2026
'SNL': Inde Navarrette Takes Swipe at Shane Gillis During Monologue – Variety

'SNL': Inde Navarrette Takes Swipe at Shane Gillis During Monologue – Variety

November 1, 2026

About

Learn more

Our Services

Legal

Privacy Policy

Terms of Use

Bloggers

Learn more

Article Links

Contact

Advertise

Ask us anything

©2020- TradePoint.io - All rights reserved!

Tradepoint.io, being just a publishing and technology platform, is not a registered broker-dealer or investment adviser. So we do not provide investment advice. Rather, brokerage services are provided to clients of Tradepoint.io by independent SEC-registered broker-dealers and members of FINRA/SIPC. Every form of investing carries some risk and past performance is not a guarantee of future results. “Tradepoint.io“, “Instant Investing” and “My Trading Tools” are registered trademarks of Apperbuild, LLC.

This website is operated by Apperbuild, LLC. We have no link to any brokerage firm and we do not provide investment advice. Every information and resource we provide is solely for the education of our readers. © 2020 Apperbuild, LLC. All rights reserved.

No Result
View All Result
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop

© 2023 - TradePoint.io - All Rights Reserved!