YouTube advertising revenue grows by a third despite coronavirus hit

YouTube saw its advertising revenues rise by a third year-on-year in the first quarter despite a slowdown caused by the coronavirus crisis that began to eat into growth in the second half of March. Reporting strong overall financials that beat analysts’ expectations, Google-owner Alphabet said that YouTube ad revenue for the quartr was US$4.038 billion, […]

YouTube now at 1.5bn viewers as TV viewing surges

YouTube now has 1.5 billion monthly viewers thanks in part to a surge in big-screen viewing, according to company stats. Speaking on parent company Alphabet’s second quarter earnings call, Google CEO Sundar Pichai said that people are watching an average of 60 minutes a day of YouTube on their phones and tablets. However, he added […]

YouTube’s ‘booming community’ helps boost Alphabet

YouTube’s “booming community of creators” helped to grow parent company Alphabet’s revenues by 22% year-on-year in Q4 2016. Announcing its fourth quarter results, Alphabet said revenues were up 24% on a constant currency basis, reaching US$26.06 billion (€24.3 billion). Net income grew from US$4.92 billion in Q4 2015 to US$5.33 billion in Q4 2016. “This […]

Google halts new Fiber rollouts, cuts staff in major strategy shift

Google will not now roll out fibre internet in most of its ‘potential Fiber cities’ and will cut staff in these markets, in a major change to its connectivity strategy. In a blog post announcing its decision, Google said that work would continue in its existing Google Fiber footprint – in the cities where it […]

Report: Google to cut half of Fiber staff

Google parent company Alphabet is reportedly looking to cut half the staff of its Google Fiber division, as it looks more to wireless technologies. According to a report by The Information, Alphabet CEO Larry Page has asked Google Fiber boss Craig Barratt to halve the size of the Fiber team to 500 people after failing […]

YouTube mobile reach outstrips all US cable networks

YouTube on mobile devices reaches more 18 to 49-year-olds than any cable network in the US, according to Google CEO Sundar Pichai. Speaking on Google parent company Alphabet’s fourth quarter earnings call, Pichai said the time people spent watching YouTube in the living room had also more than doubled in 2015. “People watch hundreds of […]