YouTube probably generates $16 billion to $25 billion in annual revenue, making the video service big enough to crack the top half of the Fortune 500. But that is just a guess. Even though financial analysts on Wall Street think YouTube makes about as much money as the Gap, General Mills or Netflix, the video service’s financial results are a secret. They are lumped in with the rest of Google, an even larger internet company that last year generated $137 billion in revenue. That secrecy has led to growing frustration among analysts and investors, who will be looking for more details about YouTube when Google’s parent company, Alphabet, reports results for its second financial quarter on Thursday. Three months ago, Alphabet executives pointed to issues with YouTube as a factor in disappointing financial results in the first quarter. “I think their reticence to provide information borders on paranoia, as if they would be admitting failure if they allowed us to discover … [Read more...] about How big is YouTube? It’s still anyone’s guess
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Last Sunday night I decided to write a Father’s Day article for this week. That may be the reason why I had the weirdest dream about my father. Here’s my dream: Papang is alive! He’s not his Jolly Pinong self but the thin weak Papang lying on bed, albeit still trying hard to crack his corny jokes. “How are you Pang?” I ask, to which he answers, “Ma-byuti! I’m fine thank me!” as he smiles showing off some toothless spaces in his mouth because he refuses to wear his dentures. I was so happy to see him alive again but I didn’t do anything different, no big celebrations, no crying, no big fuss. Then I realize that he’s going to die soon. Then he dies. Then he’s alive again. We go through the same kumustahan. I felt sad because I knew he was going to die again. So I talked to God and said, “Lord, thank you for thesetwo chances to see Papang alive again. ButI think it’s not fair for him to experience dying … [Read more...] about My Father’s Day Article
I am distraught as I see the results of the senatorial elections. How can we, as a nation, choose ________, _______, _______ (fill in the blanks) over qualified candidates who understand law crafting, a job that’s highly cerebral and requires high moral integrity? I cannot seem to make sense out of this. Even if I immerse myself in the use of the principles of Behavioral Economics (fusion of traditional Economics and Psychology) and know that we use our limbic brain first, then rationalize later with our pre-frontal cortex, things still don’t add up. Then I remember this article written a couple of years ago that facts don’t change people’s minds. (Click link) The human mind is just way too stubborn that even hard cold facts won’t change what it believes. Remember confirmation bias that I’ve discussed in previous articles and FQwentuhans? It is a cognitive impartiality that favors information that confirms with our previously existing beliefs. … [Read more...] about Indeed: Facts don’t change people’s minds!
PARIS (AFP) - Facebook chief Mark Zuckerberg on Friday (May 10) said he was "encouraged" and "optimistic" about the regulatory framework being suggested by France for the social media giant and other online platforms, after a meeting with French President Emmanuel Macron. The meeting followed the drawing up of a report by experts and top French civil servants proposing that each member state of the European Union set up its own regulatory authority to police social networks. "I am hopeful that it can become a model" that can be used "across the EU", Zuckerberg added. The report commissioned by the French government - for which the experts were given unprecedented access by social networks - slammed the online firms' efforts to self-regulate and their "lack of credibility". Zuckerberg met Macron at the Elysee Palace amid pressure to crack down on the spread of disinformation as well as a call from a co-founder of Facebook for the California-based giant to be broken up. The report called … [Read more...] about Zuckerberg ‘optimistic’ on regulation after Macron meeting