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Alphabet

YouTube Sees Ad Revenue Drop Slightly to $7.07B During Third Quarter

YouTube’s ad revenue dropped down to $7.07 billion during the third quarter, marking a 1.9 percent decrease compared to the previous year, parent company Alphabet reported on Tuesday. The $7.07 billion figure is also a decline compared to the second quarter, when the video platform reported $7.34 billion in advertising revenue during the second quarter, […]

YouTube Ad Revenue Hits $7.34B in Slight Miss

YouTube brought in $7.34 billion in advertising revenue during the second quarter, parent company Alphabet reported in its quarterly earnings on Tuesday. The Q2 revenue was up only 4 percent on the video platform’s second quarter revenue of just over $7 billion in the same period of 2021. The Google parent increasingly looks to YouTube […]

Snap Shares Tank as Market Fears Drag on Social Media Ads

Shares of Snap continued to plummet Friday, following analyst downgrades after the company missed lowered earnings expectations and warned of a tough macroeconomic environment.  More worrying still was the fact that the company did not issue future guidance after having revised expectations for the second quarter. This caused concern about the overall impact on the […]

FCC Commissioner Calls On Apple, Alphabet to Ban TikTok

A Federal Communications commissioner is urging Apple and Alphabet to remove TikTok from the companies’ app stores. According to a letter addressed to the chief executives of the companies, FCC commissioner Brendan Carr said TikTok poses an “unacceptable security risk” because it mines extensive user data, which is being accessed by employees in China. “TikTok […]

Google News Reopens in Spain After 8-Year Break, Drops Ad Revenue Fight in France

European publishers have celebrated a pair of major victories this week in their years-long battle to get Google and other news aggregators to pay for using snippets of of their news. On Wednesday, Google parent company Alphabet announced it was reopening Google News in Spain, eight years after it shut down the service because of […]

YouTube Ad Revenue Increases to $7.2B in Latest Quarter

YouTube brought in $7.2 billion in advertising revenue during the third quarter, a modest increase from its previous quarter. The video platform is close to surpassing the revenue of Netflix, which reported $7.5 billion in Q3 revenue on Oct. 19. Last quarter, YouTube brought in more than $7 billion in advertising revenue, outperforming the video […]

YouTube Is “Neck-and-Neck With Netflix on Revenue,” Says Exec

Don’t ignore YouTube when looking at streaming video success stories, such as Netflix, a top executive of the Alphabet-owned giant told a media and entertainment industry conference in Cambridge, England on Wednesday. Robert Kyncl, YouTube’s chief business officer, shared some data and stats about the video streamer during the Royal Television Society Cambridge Convention, saying […]

YouTube Hits $7B in Ad Revenue, Tops Wall Street Expectations

YouTube raked in more than $7 billion in advertising revenue during the second quarter of this year, parent company Alphabet reported in its quarterly earnings on Tuesday. The Q2 revenue, which exceeded Wall Street expectations, bests the video platform’s Q1 ad revenue performance by $1 billion and represents a nearly 84 percent year-over-year increase. During […]