Google’s subscriptions rise in Q4 as YouTube pulls $60B in yearly revenue

Alphabet-owned YouTube’s subscription and advertising revenues are trending upward. The company said Wednesday it now has 325 million paying users on Google One and YouTube Premium, up from 300 million three months ago. YouTube reported fourth-quarter advertising revenue rose 9% to $11.38 billion, but missed analysts’ average estimate of $11.84 billion. YouTube’s revenue, including advertising…

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YouTube announces ‘voluntary exit program’ for US staff

YouTube is holding a “voluntary exit program” with severance for US-based employees, the company confirmed to TechCrunch on Wednesday. This news was first reported sources say, YouTube CEO Neil Mohan informed employees about the program via an internal memo on Wednesday. The memo also announced that the Google-owned company is reorganizing its product teams into…

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