Short seller Muddy Waters Research published a report accusing Nasdaq-listed Chinese social media and online video company Joyy of being a “multibillion-dollar fraud.” The bombshell report came just days after Chinese search provider Baidu announced a deal to buy Joyy’s live-streaming business called YY Live for about $3.6 billion. In the report, Muddy Waters claims that up to 90% of YY...
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Creator Economy google policy
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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