Civil, a blockchain-based journalism startup whose cryptocurrency was intended to free news outlets from having to rely on advertising, has shut down. Civil’s founder and CEO, Matthew Iles, told Poynter that he concluded the initiative wasn’t sustainable. Civil’s demise was a long time in the making. When it launched in 2018, it was hailed as a promising and innovative way of supporting in-depth...
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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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