424
YouTube puts third-party clients on notice: Show ads or get blocked
(arstechnica.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 17 Apr 2024
424 points (98.0% liked)
Technology
35117 readers
19 users here now
This is the official technology community of Lemmy.ml for all news related to creation and use of technology, and to facilitate civil, meaningful discussion around it.
Ask in DM before posting product reviews or ads. All such posts otherwise are subject to removal.
Rules:
1: All Lemmy rules apply
2: Do not post low effort posts
3: NEVER post naziped*gore stuff
4: Always post article URLs or their archived version URLs as sources, NOT screenshots. Help the blind users.
5: personal rants of Big Tech CEOs like Elon Musk are unwelcome (does not include posts about their companies affecting wide range of people)
6: no advertisement posts unless verified as legitimate and non-exploitative/non-consumerist
7: crypto related posts, unless essential, are disallowed
founded 5 years ago
MODERATORS
https://www.statista.com/statistics/513049/alphabet-annual-global-income/
Let's pause a moment and just appreciate how much money Alphabet actually make net (after expenses). $73,795,000,000 last year - higher than the GDP of entire nations, in profit.
The "bad" year, 2022 that drove all this change, they only made $59,972,000,000 net. Oh how terrible (!)
5 years ago, they made $34,343,000,000 net, so they've more than doubled profits.
Take a moment to appreciate that, and really consider if they "need" the money.
Shareholders: you doubled your profit last year, so I expect you to do it again this year.
*we expect you to do better than that
There, fify
Pretty much. Capitalism is completely unsustainable.
And kill the entire planet in the process if you need to.
That's the whole company. How much did YouTube lose for them?
YouTube lost google -31.5 billion in 2023, approximately 10% of all of alphabet's revenue.
I was genuinely confused by this statistic until I realised it was a double negative. YouTube losen't Google a lot of money.
Yeah, sorry, sometimes I can't help my need to play with language, when given the slightest chance.
Revenue is not profit
Yeah, unfortunately I couldn't find revenue numbers. It seems unlikely to be costing that much to host. I'd be really surprised to learn it isn't cash positive at this point.
Best I could find is the entire division makes about 35% profit and you’d have to assume some of that was YouTube
And as we know companies prefer to provide a service with a loss, for decades. Name a company that can make -31.5 billion and keep going. Or maybe the data went to google, where they made the money.
Not made -31.5 billion. Lost -31.5 billion. As in they brought in that much, not cost it.
Do they somehow calculate in this the value off the youtube harvested user data that serves other Google branches? No, right?