Disney, Google and YouTube
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Google and YouTube agreed to pay a $30 million settlement in a class action lawsuit over allegations they collected personal data from children under the age of 13. According to the lawsuit, Google and YouTube violated privacy laws by collecting data from children watching cartoons,
Subscribers to YouTube TV suddenly lost access to channels like ESPN and ABC on Thursday night. This is as a result of a carriage dispute between the owners of the respective platforms, The Walt
Disney suspended ESPN, ABC content on YouTube TV after the companies failed to reach a new contractual agreement.
YouTube will provide opportunities for creators banned over COVID-19 and election content to rejoin the platform as Google shifts toward supporting free expression.
Google's YouTube grew ad revenues by 13% last quarter, but the introduction of OpenAI's artificial intelligence video app Sora could disrupt the business. However, Jefferies analyst Brent Thill wrote
The U.S. House Judiciary Committee, led by Republicans, said "Google Admits Censorship Under Biden." This is an oversimplification.
Former Google CEO Eric Schmidt, YouTube cofounder Steve Chen, Sequoia investor Roelof Botha, and others relive the historic acquisition.
Google's advertising revenue reached $74.18 billion in the third quarter, up 12.6% from $65.85 billion a year ago. Google Search and YouTube made up $56.57 billion and $10.26 billion of the total, respectively.