Considering the challenges online advertisers face in this economy, it is a good thing to see growth -- notwithstanding that growth is reportedly slowing.
The report from the Interactive Advertising Bureau and PricewaterhouseCoopers LLP said that revenue from online ads -- which companies like Google and Yahoo heavily rely on -- totaled $6.1 billion in the last three months of 2008.
That marked an increase of $154 million, or almost 3 percent, from the same period in 2007. Back then, Internet advertising was up 24 percent over the previous year.
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