ViacomCBS hired Naveen Chopra, a former Amazon executive, as its new CFO. Chopra, who was CFO of Amazon’s devices and services business, replaces longtime CBS executive Christina Spade, who will transition into an advisory role, according to the company. Chopra’s responsibilities will go beyond traditional CFO role like Spade’s did. ViacomCBS said in the announcement that he will also oversee...
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YouTube’s Ad Revenue Falls Again; More U.S. Pressure on TikTok
A continued decline in YouTube ad revenue spells bad news for creators who earn money from the video-sharing site. On Thursday, Alphabet said YouTube’s ad revenue fell nearly 8% to $7.96 billion during the fourth quarter compared with the same period a year earlier. That’s the second straight quarter of decline.
Alphabet Revenue Growth Slowed Again in Q4
Amazon Plans to Close Some Grocery and Convenience Stores
Amazon Sees AWS Slowdown Lasting For Several Quarters
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