Big Tech Q3 results rattle markets and raise fears for wider TMT sector

After a week of generally lacklustre results from TMT firms, Q3, 2022 reports from Alphabet, Meta and Microsoft confirmed that the global economy is on a rocky road. Microsoft reported revenues of $50.1bn for the quarter. Although this was up 11% year on year, the financial markets reacted badly because it is Microsoft’s slowest level […]

Google Fiber announces first expansion in half a decade

Google has announced its first broadband expansion in five years. The Alphabet-owned company, which also oversees the Android TV CTV platform, has announced an expansion into Iowa after years of silence. In a blog post, Google Fiber CEO Dinni Jain revealed that the company has been working on adding West Des Moines, Iowa to its […]

YouTube UK boss announces move to Google Play

YouTube’s UK chief Ben McOwen Wilson is to leave the Google-owned AVOD streamer after more than a decade with the company. McOwen Wilson, who is currently regional director for YouTube EMEA and MD of YouTube UK & Ireland, will depart today to take up a new role leading the Google Play app store in EMEA from […]

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 […]