According to Porat, YouTube was one of the culprits.
The goal was to make it harder to find videos full of conspiracy theories, fake news and all that other detritus that occasionally sent. Instead of YouTube directing you to a conspiracy theory about the latest school shooting, you were shown related videos from "authoritative" news sources the company considered worthy of bringing you accurate information.
earlier this month showed that for years YouTube executives ignored warnings from their own employees that the misinformation and nastiness on the site had gotten out of hand.Today, YouTube says it's serious about cleaning up the issues that have plagued the site for years. But that cleanup appears to have come at the short-term cost of ad revenue growth.
Still, analysts on Tuesday didn't sound too worried about YouTube's longer-term prospects, and cautioned there are other factors playing into the ad growth deceleration.
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Alphabet had $74 billion in market cap wiped out, and it's blaming YouTubeAlphabet blamed declined engagement on YouTube for a sharp decline in ad revenue growth. mr_jettlife lol youtube sjnews MurrellDan RothCornet BKactualPodcast I hope it has nothing to do with censoring accounts and deleting them etc. because they don't agree w/ Goog wokeness.
La source: CNBC - 🏆 12. / 72 Lire la suite »
Google set to lose more than $70 billion off its market cap after 'nasty combination' of slowing ad traffic and drop in sales per clickAlphabet plunged 8% in premarket trading on 'a nasty combination of growth in traffic to Google ads slowing, and lower revenue per click from those ads.' AdWords is the new TV BFD. was trading at that level 10 days ago. This curve can't go on forever.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »
Microsoft hits $1 trillion market cap for the first time as stock jumps on earnings beatMicrosoft shares jumped to a record and pushed the company past the $1 trillion mark on better-than-expected earnings and revenue. They're doing excellent $131.31 a share to hit $1 Trillion Dollars which in South Africa exchange rate it equals to R14,800 Trillion Randelas.
La source: CNBC - 🏆 12. / 72 Lire la suite »
Caterpillar drops after CFO reportedly says it's set to lose market share in ChinaCaterpillar shares dropped in early Wednesday trade after the global construction giant reported first-quarter earnings. Why would this be a surprise infact they will lose market share globally...one word SANY.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »
Why one investor says Biden’s presidential bid poses a ‘meaningful threat’ to the stock marketEx-Vice President Joe Biden announced on Thursday that he is seeking the Democratic presidential nomination in 2020, and while, many hoping for a contender to hoping to unseat President Donald Trump may cheer, at least one Wall Street investor believes the development spells bad news for the stock market. What bullshit
La source: MarketWatch - 🏆 3. / 97 Lire la suite »
A $70 billion investment manager turned the Milwaukee Bucks into a basketball powerhouse. Now he's set on improving America's dismal passenger trainsWes Edens has money in professional sports teams, including esports, on multiple continents. His next bet is shuttling you between Miami and Disney. Well - sorta. The best player in a generation also fell into their laps. Kinda helped.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »