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Although mobile apps have become increasingly mainstream, no one has figured out how to successfully monetize them yet. What’s the problem here? Inneractive’s Hillel Fuld says mobile technology has evolved faster than the Web, and it’s time for advertisers to match mobile’s pace. Read more at GigaOM »

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Twitter has raised more money from mobile advertising than web advertising in many instances this past quarter, Twitter CEO Dick Costolo said Tuesday, demonstrating the platform’s success at earning mobile dollars in comparison to peers like Facebook by allowing advertisers to purchase promoted Tweets and hashtags. Read more at GigaOM »

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Driven by strong growth in the search and display sectors, U.S. digital advertising revenue expanded by 22 percent in 2011, reaching a record $31 billion, according to a report prepared by Price Waterhouse Coopers U.S. and released Wednesday by the Internet Advertising Bureau (IAB). Read more »