Technology

34987 readers

399 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

MinutePhrase@lemmy.ml

423

YouTube puts third-party clients on notice: Show ads or get blocked (arstechnica.com)

submitted 7 months ago by dvdnet62@feddit.nl to c/technology@lemmy.ml

279 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] HexesofVexes@lemmy.world 176 points 7 months ago (2 children)

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.

[–] FMT99@lemmy.world 111 points 7 months ago (3 children)

Shareholders: you doubled your profit last year, so I expect you to do it again this year.

[–] haui_lemmy@lemmy.giftedmc.com 33 points 7 months ago

*we expect you to do better than that

There, fify

[–] dezvous@lemmy.world 15 points 7 months ago

Pretty much. Capitalism is completely unsustainable.

[–] prole@sh.itjust.works 6 points 7 months ago

And kill the entire planet in the process if you need to.

[–] iopq@lemmy.world 21 points 7 months ago (1 children)

That's the whole company. How much did YouTube lose for them?

[–] HopeOfTheGunblade@kbin.social 58 points 7 months ago (4 children)

YouTube lost google -31.5 billion in 2023, approximately 10% of all of alphabet's revenue.

[–] Th4tGuyII@kbin.social 63 points 7 months ago (1 children)

I was genuinely confused by this statistic until I realised it was a double negative. YouTube losen't Google a lot of money.

[–] HopeOfTheGunblade@kbin.social 26 points 7 months ago

Yeah, sorry, sometimes I can't help my need to play with language, when given the slightest chance.

[–] PCurd@feddit.uk 3 points 7 months ago (1 children)

Revenue is not profit

[–] HopeOfTheGunblade@kbin.social 4 points 7 months ago (1 children)

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.

[–] PCurd@feddit.uk 2 points 7 months ago

Best I could find is the entire division makes about 35% profit and you’d have to assume some of that was YouTube

[–] SomeGuy69@lemmy.world 2 points 7 months ago* (last edited 7 months ago) (1 children)

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.

[–] HopeOfTheGunblade@kbin.social 4 points 7 months ago

Not made -31.5 billion. Lost -31.5 billion. As in they brought in that much, not cost it.

[–] freebee@sh.itjust.works 1 points 7 months ago

Do they somehow calculate in this the value off the youtube harvested user data that serves other Google branches? No, right?