Youtube’s Ad Sales For Q3 Fy23 Surged By 12.5%, Reaching Nearly $8 Billion

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27 October 2023

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Youtube's Ad Sales For Q3 Fy23 Surged By 12.5%

All those pesky YouTube Ads are turning out to be a boon for YouTube. For the end of the quarter on September 30, 2023, tech giant Alphabet, the parent company of Google, reported a total ad revenue of $59.6 billion. The ad revenue touched $44 billion, which was brought in by Google’s search business, which marked a hike of 11.3 %.

YouTube has generated $7.95 billion in ad revenue for Q3 2023. It has been a 12.5% increase from the previous year. The corporation has credited the positive outcome to brand and direct-response advertising. The total ad revenue for the company has grown by 9.5%.

The ad revenue in the previous year had been a far lesser number- a mere 1.9% since 2021.

At an investor call, Sundar Pichai, CEO of Google, reported that daily views for the short-form video platform have increased significantly. YouTube Shorts has increased in views to 70 billion per day. It was 50 billion earlier this year. He even added that the company is planning to introduce enhancements for Shorts, including AI-powered editing tools along with other features.

In his statement, he said, “I’m pleased with our financial results and our product momentum this quarter, with AI-driven innovations across Search, YouTube, Cloud, our Pixel devices and more. We’re continuing to focus on making AI more helpful for everyone; there’s exciting progress and lots more to come.”

Google has registered a total profit of $19.7 billion for the third quarter of 2023. It marks a 46% increase from that of Q3 of 2022. The company’s total revenue has reached $76.7 billion (11%).

Google’s cloud computing services, Google Cloud, have also seen an increase in profit margins due to increased business in AI training tools. It marked a growth of 22% year over year in revenue.

Interestingly, Google Cloud’s performance in Q3 revenue of $8.41 billion fell short of investor expectations. It missed the planned  $8.64 billion. Alphabet is even facing an antitrust trial, where it has been alleged of monopolistic practices in search dominance.

This has led to Alphabet’s shares declining over 6% in after-hours trading, despite YouTube’s otherwise strong performance.

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OpenAI Hires Back Sam Altman, The Previous CEO After Employees Rebels

OpenAI Hires Back Sam Altman, The Previous CEO After Employees Rebels

Sam Altman, the previous CEO of OpenAI, returns after he was overthrown from the company by the last board members, including D’Angelo. Even though there was no specific information given as to why Altman was fired from the company, he is being hired back. The decision taken by the board of directors of OpenAI last Friday shocked the Artificial Intelligence industry, especially because it was Altman who was the face and one of the company's co-founders. The startup organization, OpenAI, faced internal conflict as another co-founder, Greg Brockman, resigned as the president. Furthermore, a board member and fellow co-founder of OpenAI posted on X about how he deeply regretted his decision to fire Sam Altman from his position as CEO. The post on the social media platform seemed like a mending of the bridge and trying to bring him back to the company. With all these developments among the senior management, the 770 startup employees also brazenly signed a letter. In the letter, the employees called for the previous CEO Altman's return and the previous board's resignation. On the other hand, Microsoft’s approach to hiring Altman might not be happening anymore after this development. The CEO Satya Nadella at Microsoft announced on Monday on X about the joining of Altman and Brockman to a new advanced team. Considering Microsoft is one of the largest investors of OpenAI, they believe that Altman will be working for them under any condition. He also confirmed that he is open to Altman going back to OpenAI as long as the board's problems at OpenAI are resolved along with the smooth governance of the organization. Initially, OpenAI was co-founded by Altman to benefit humanity by creating smarter content; however, it later became a profitable business. He also shouted out to the employees at OpenAI regarding their petition in support of Altman. Further, the CEO offered jobs that matched the current job profile and responsibilities of all employees at OpenAI. Learn More About: Is AI Changing The Insurance Sector? The Brains Behind ChatGPT: Who’s Pulling the Strings?

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Acupuncture

Acupuncture in the UAE and the Hospital of the Future

Acupuncture is a treatment method that involves the careful insertion of paper-thin needles at specific points in the body to promote healing. A specialist does this to balance the Qi energy to improve your wellbeing. This practice originated in ancient China, and although many people trust western medicine, acupuncture can be an excellent alternative in UAE. Throughout the years, scientists have conducted several studies to identify the effectiveness of acupuncture. They found out that this technique helps to manage pain and other health conditions. If you have always wanted to try an alternative treatment without side effects, you can visit any acupuncture center Dubai specialist for assistance. Many people in Dubai have embraced acupuncture as they realize that it can treat various diseases such as asthma, back pains, and even allergies. How Does Acupuncture Work? According to Traditional Chinese Medicine, diseases are caused by the disruption of energy flow in the body. 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It also relieves nausea and vomiting, which is a side effect of chemotherapy. Some specialists might caution you on going for acupuncture before chemotherapy to avoid infection. However, you can do it before chemotherapy to prevent nausea. Other benefits include pain and anxiety reduction. Read more: The Functions And Benefits Of A Cancer App Addiction: It is difficult to overcome addiction, especially after many years. Apart from counseling and other forms of treatment, acupuncture can be effective. When you visit an acupuncture center Dubai doctor, he will help you to curb your cravings for harmful substances. You also experience feelings of calmness as well as no pain from withdrawal symptoms. Stimulation of acupoints leads to the release of endorphins, which act as a natural painkiller. According to Chinese Medicine, acupuncture helps to balance energy. This means a session helps to nourish and restore a patient’s energy. Many people trust acupuncture treatment in the UAE because of its effectiveness, low costs, and few side effects. More hospitals in the future should adopt the use of acupuncture in their facilities because it does not only relieve chronic pain, but it also helps to manage other conditions such as allergies and cardiovascular diseases. Remember to visit an acupuncture center Dubai specialist to discuss your treatment options rather than opting for self-treatment. Read Also: Finding The Right Hospital Planning The Perfect Event Charter In Dubai 6 Signs Of A Reputable Eye Doctor In Fort Myers

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Children Go Missing

How Many Children Go Missing in the US Every Year?

For parents, nothing is more important than the safety and security of their children. They do everything they can to provide their children with the best life possible. Therefore, it can be incredibly stressful when a child goes missing. Even though parents may lose track of their child in a grocery store, may not know exactly where they are when they go to hang out with friends, and might even let teenagers go out on their own, most parents still have a general idea of where their children are located and what they are doing. When parents truly have no idea where their child is located, this can be overwhelming. Fortunately, missing children in the United States almost always make it home alive. Most Children Make It Home Alive The reality is this: more than 99 percent of children who go missing eventually come home alive. Thanks to technological advances in the way searches are conducted, and much greater awareness when it comes to quick action, the overwhelming majority of children who go missing are eventually recovered. In 1990, just 62 percent of children who went missing were recovered alive. In 2011, that rate had risen to 97 percent. Now, the rate is over 99 percent. This includes not only high-risk cases but also abductions by a stranger or family member who might be wanted on an arrest warrant. This rapid increase in successful recoveries has served as solace to the countless parents who deal with missing children every year. So, how many childrehn go missing every year in the United States. Every year, approximately 800,000 children are reported missing. This includes children who might be injured, lost, run away from home and those who are abducted. Out of the children who are abducted, approximately 200,000 are taken by family members. Usually, this takes place during a custody battle. 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That way, they can reduce their chances of their child being groomed and abducted by someone. How To React When a Child Goes Missing And parents realized that their child has gone missing, this can be an incredibly stressful experience. The first thing those parents want to do is to hit the streets and start looking for their children. After all, they know their child, that knows how their child behaves, and they know where their child might go. Even though this is a normal got response, it is always better to work with a professional law enforcement agency. A professional agency has the tools and training necessary to recover children as quickly as possible. Parents who need help networking with law enforcement agencies, particularly in the event of international parental kidnapping, to take a look at the resources that are available from The Committee for Missing Children. That way, parents understand that this is not something they have to go through on their own. The most important thing parents have to remember is that they need to listen to the law enforcement professionals. For example, law enforcement professionals are going to do a lot of things at once because they have the manpower to do exactly that. Law enforcement professionals are going to use technology to take a look at who the child might have been interacting with online. Parents do not know everything their children do on the internet. Take me to look at their internet history can be a great place to get started. It is also important to get as many pictures out there as quickly as possible. When people have some idea of what the child looks like, they can keep their eyes open as well. For example, pictures might be placed on shopping bags, toll booths, billboards, and even in some of the major shopping buildings. The more people who see the picture, the better. Law enforcement professionals have the manpower to get pictures up as quickly as possible. 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