News

YouTube ad sales top $8.6 billion smashing Netflix in the quarter

Published

3 years ago

February 3, 2022

Google owned video platform YouTube has banked $28.8 billion in advertising revenue in 2021

YouTube has beaten Netflix in terms of quarterly revenue, with the Google-owned platform recording a massive $8.6 billion in advertising revenue in Q4 of 2021.

For fiscal 2021, YouTube delivered $28.8 billion in advertising revenue.

In the same quarter a year earlier, YouTube recorded $6.9 billion in advertising revenue, underscoring the continued explosive growth of the platform.

For comparison: Netflix delivered $7.7 billion in revenue in Q4 in 2021, compared to $6.6 billion a year earlier.

Overall, Alphabet, Google’s parent company, reported $75.3 billion in revenue for the quarter, and $257.6 billion for the year, with Google search advertising still making up the lions share of revenue.

Money

ASX positioned for strong start after positive stock rebound

Published

13 hours ago

September 10, 2024

ticker NEWS

The ASX is set for a solid opening today, bolstered by overnight gains in the banking, commodities, and energy sectors.

Despite these positive movements, analysts are suggesting that the stock rebound and bond decline appear to be technically driven, noting that it may not mark the beginning of a longer-term trend.

Market analyst David Scutt from StoneX joins to discuss the latest market movements. #featured #trending

News

Apple’s iPhone 16 event puts AI back into the spotlight

Published

13 hours ago

September 10, 2024

ticker NEWS

Apple has unveiled its long-awaited artificial intelligence-boosted iPhone 16 and promised improvements in its Siri personal assistant.

Apple CEO Tim Cook emphasised the company’s commitment to innovation, aiming to redefine the future of consumer technology with seamless AI integration. #featured #trending #hotshots #hot shots

Leaders

Philadelphia prepares for the first debate between Harris & Trump

Published

14 hours ago

September 10, 2024

ticker NEWS

Philadelphia is bracing for a pivotal political showdown as it prepares to host the highly anticipated debate between Vice President Kamala Harris and former President Donald Trump.

The debate is seen as a critical moment in shaping public opinion ahead of the upcoming elections, drawing intense media coverage and public interest. #featured #trending