GOOG: Google unveils mobile-friendly ad format

Google unveils mobile-friendly ad format • 2:33 PM

• Google's (GOOG +0.1%) AdSense display ad network division is launching a "responsive" ad unit that automatically adapts to different screen sizes.
• Google's goal is to enable ads that render better on smartphones/tablets, and in doing so improve mobile conversion rates and ad prices.
• The new format complements the launch of Enhanced Campaigns (integrated PC/tablet campaigns, with the ability to optimize by device/time/location) for Google's AdWords search ad business.
• It arrives after a quarter in which Google's ad network revenue only rose 7% Y/Y, something the company attributed to stricter ad policies.

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