Alibaba demoted a senior ecommerce executive, Jiang Fan, after an internal investigation into possible misconduct after Jiang’s wife posted on social media a warning to a Chinese internet celebrity to keep away from her husband. The demoted executive is a former Google engineer seen as the top contender to eventually replace Alibaba CEO Daniel Zhang. Jiang, who was one of the most powerful...
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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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