Bernanke Secret Google Project

Google has a secret project called “Project Bernanke” that relied on bidding data collected from advertisers using its ad exchange program to benefit its own advertising , according with Wall Street .

It was first discovered by newswire service MLex. The name of the project was visible in an irrelevant document submitted by Google as part of an antitrust lawsuit in Texas.

"Bernanke" was never disclosed to outside advertisers and proved profitable for Google, generating hundreds of millions of dollars for the .

Texas filed a lawsuit against Google over its antitrust laws in December because the company allegedly used competition tactics in which "Bernanke" was a significant part.

According to Google, the data from Project Bernanke was "comparable to data held by other market tools".

The company could have to historical data about bids made through Google Ads, to change bids from its clients and to increase clients' chances of winning ad impressions by putting competitive advertising tools at a disadvantage.

Texas filed a lawsuit in court in 2013, in which Google said Project Bernanke would generate $ 230 million in revenue for that year.

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Written by giorgos

George still wonders what he's doing here ...

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