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

Published on: 27 October 2023 Last Updated on: 30 October 2024
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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Honor History

Medal of Honor History: 9 Amazing Facts You Need to Know

The Medal of Honor: a highly respected title which perfectly describes what it takes to be given this renowned award. Honor. Bravery. Sacrifice. And that's just to name a few. Since its inception in 1862, the Medal of Honor has been awarded to only the most deserving of US Soldiers, Sailors, Airmen, Coast Guards, and Marines. Those who have risked their lives for others, and for the greater good of the country, displaying "gallantry in action" and other soldier-like qualities. The Medal of Honor history is a long and admirable one that gets deeper with every passing ceremony. While most of us have a general idea of what this medal entails, there's always room to learn more. And since it's the most prestigious award given by the US military, it's certainly worth a lesson. Let's see why this award means so much. Medal of Honor History: 9 Awesome Facts : We've compiled a list of things to know about the Medal of Honor and its origins. Want your own Medal of Honor memorabilia? See page for details on how you can honor this timeless tradition - and then get reading. 1. Started by President Abraham Lincoln in 1862 : Also called the Medal of Valor in its beginning, the Medal of Honor was established in the young years of war. Lincoln gave the award to six soldiers for their exemplary performance in the Civil War. 2. Going Beyond the Call of Duty : The Medal of Honor goes beyond the normal call of bravery. Those who receive the award have sacrificed majorly. In fact, sixty percent of those who receive the award do so after they have already passed. Killed in action: the major sacrifice of a man for his fellow man. Others have been awarded for the likes of running into a fire to save a comrade; tossing away live grenades, and submersing themselves in extreme enemy fire to protect someone else. As former President Obama stated during a ceremony: "This is the stuff of which heroes are made. This is the strength, the devotion that makes our troops the pride of every American." Those who receive this award are the epitome of that strength and devotion. It's not your average soccer trophy. 3. Nineteen People Have Been Double Recipients of the Award : A whopping nineteen people were eligible not just once, but twice, to receive the coveted, valued Medal of Honor. With ranks covering the categories of Major, to Sergeant, all the way to a Fireman, these honorable few have sacrificed themselves in the most honorable of ways. Twice. 4. The President Always Gives the Award : A tradition which began when President Abraham Lincoln awarded the first Medals of Honor to six soldiers who were members of a raiding party that went headfirst into Confederate territory to destroy bridges and railroad tracks. The tradition continues to this day, as recently as our last two US Presidents having given Medals of Honor. 5. Over 3,400 Medals of Honor Have Been Awarded so Far : Since only 19 people have been awarded twice, that means that over 3,362 individuals have passed the honored test, risking their lives and going above and beyond what was expected of them. 6. Only One Woman Has Ever Received the Medal of Honor : Out of the whopping 3,400 recipients, only one woman has ever been awarded the medal. Her name was Dr. Mary Walker. As a prisoner of war for months, a women's doctor, and an outspoken feminist, President Andrew Johnson believed her to be honorable enough to deserve the medal. However, awarding Walker was controversial at the time, especially considering Walker was never a commissioned soldier. Her award was ultimately rescinded due to the fact of being a civilian - but in a classic, rightfully stubborn form, she held onto the award until she died! Later President Jimmy Carter actually re-issued the honor in her name. 7. Recipients Have Participated in 24 Different Battles and Wars : From WWI to WWII; Iraq and Afghanistan; the Korean War; Vietnam War; Civil War; and over a dozen others, US soldiers have paved the way for greatness across the board. When conflict strikes the US, we have a tendency to strike back harder. 8. There Are 71 Total Living Recipients Today : Of the 71 still living, most were members of the US Army, with Marines being second; the Navy third; and the Coast Guard fourth. One of the most recent awards was given to Forent Groberg in 2012 for tackling a suicide bomber. While serving in Afghanistan, this Army soldier was badly injured while sacrificing himself to save fellow soldiers (which he did). This ceremony marked only the 10th time that a living service member has been awarded the Medal of Honor for efforts in Iraq or Afghanistan. Seven other fighters in this conflict received the award posthumously, or after their passing. After tackling the bomber to the ground, the vest detonated, injuring but not killing Groberg, and therefore saving the lives of many. In true honorable fashion, when Groberg learned of his receiving the award, he dedicated it to his fellow soldiers. 9. The Congressional Medal of Honor Society : The Congressional Medal of Honor Society was started to create a brotherhood amongst recipients of the award Unlike most societies, the CMHS hopes to have no new members. New members mean that soldiers must take action in times of war. In this way, the CMHS prides itself on being exclusive to the 71 remaining soldiers. Honor Your Country : There's a reason why the Medal of Honor is the highest award that can be given by the US military. Those who receive the medal are members of an elite, exclusive society: those who could have, or did, die in the name of protecting their country and their comrades. Not many people can say they deserve this honor. In fact, since its origins in the 1800s, less than 4,000 people have received this high recognition; and they hope that no one else will have to. Always remember these people when learning medal of honor history. If you know anyone who has received this honor, tell us their story. We love hearing from our users!  

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Best Coffee Places

10 Best Coffee Places in the US

Coffee is one of the most popular drinks in the US. About 64% of Americans drink at least a cup of coffee every single day. While some make their own coffee thanks to companies like APFKG making it possible to brew fresh coffee at home. However, many even turn to coffee shops. There are over 31,000 coffee shops in the country, some even serving 24/7. Let’s have a look at the 10 best coffee places in the USA: 1. Slate Coffee Bar: Slate Coffee Bar, situated in Seattle is like no other. It has a unique feel of its own with a comfortable environment. It began as a simple coffee business in a trailer and is now a great coffee place with professional staff. They do it differently by serving their beverages in glass cups and wine glasses. Their specialty is the deconstructed latte served in 3 different wine glasses, containing, espresso, milk and a mixture of both. 2. Seattle's Best Coffee: Another coffee house in Seattle, Seattle's Best is also among the best coffee places in the USA. Its signature blends are famous among many. Its classic black coffee is very famous and is sold all across the US in Subway, Burger King and a few other places. This coffee place continues to grow rapidly and has become quite popular. 3. Starbucks: With a large number of coffee shops around the globe, Starbucks tops most lists of best coffee places in the world. Starbucks is the go-to place for many Americans thanks to the exciting menu it offers. With an aromatic environment, Starbucks welcomes a lot of customers for the best taste of their coffee in around 65 countries of the world. While it may be a little expensive, its wide range of products satisfies one and all. 4. Dunkin’ Donuts: For all the coffee lovers out there Dunkin Donuts is the dream location for the world's best coffee. As the name suggests, it's actually a donut house that has irresistible coffee that has tantalized many taste buds around the world. Its sandwiches, pastries, and mini pizzas are a must try. Widely spread across the USA, this place is quite famous among all Americans including littles tots. 5. Coffee of Dunn Bros: Another coffee place with a large number of branches spread all around the US is Dunn Bros Coffee. Known for its environmentally conscious policies, it’s among the best coffee places in the US. It offers a reduction of 25 cents for all its customers who have their coffee in reusable mugs. Infinite Black is its specialty and is prepared by steeping freshly roasted beans in chilled water for about 24 hours. 6. Caribou Coffee: Caribou Coffee has the belief that a perfect cup of coffee can only be brewed by the bean. Its coffee and espresso are brewed to perfection and are 100% Rainforest Alliance Certified. Their menu is simple yet loaded with variety. Its Ginger Chai Latte is among the best. They also have coolers that are loved by many Americans. 7. Dutch Bros Coffee: Dutch Bros Coffee is abundantly consumed by thousands of Americans. Though it started off as just a simple pushcart serving espresso, it is now located in over 200 places nationally. It is known not only for the great environment and taste but for excellent service as well. Its specialty is Annihilator, known for its the hazelnut flavor. 8. The Tea Leaf and Coffee Bean: The place that serves not only coffee but tea as well, The Coffee Bean & Tea Leaf is widely known for its quintessential beverages and services. It is quite famous for its pumpkin spice blend, Italian espresso capsules, French vanilla powder mix, and Cafe 63 Roast K-Cups. With very fewer options for food, this place is still heavily visited for its delicious coffee, tea, and espresso. It is among the oldest coffee places with over 1,000 locations across the USA. 9. Four Barrel Coffee: With 3 locations in San Francisco, Four Barrel Coffee roast their own beans to create the perfect blends. It's an unplugged coffee shop with no WiFi or power ports for laptops. With a fantastic ambiance and familiar locations, Four Barrel easily hits the list of top coffee places in America. 10. Intelligentsia Coffee: Intelligentsia Coffee was founded in 1995 and has 11 locations in LA, New York, and Chicago. Their staff works day in and day out to create the perfect new blends for their customers. This cafe has die-hard fans and a huge number of consumers. Visit these places and decide your personal favorite today. Read Also: 7 Fantastically Unusual Uses Of Old Coffee Beans Monthly Best Coffee Subscription

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Daltoosh Claims Dr Disrespect Is Not Better Than Him

Daltoosh Claims Dr Disrespect Is “Not Better” Than Him: Report 

It is not surprising to see rivalry in gaming. Fans have witnessed many streamers like iiTzTimmy compete in many professional tournaments. But now a new rivalry is brewing between two streamers: Daltoosh and Dr Disrespect. But this rivalry may not be in the gaming field as many fans would think. For those who don't know Daltoosh is a streamer for the eSports organization TSM. He streams mainly games like Apex Legends. On the other hand Dr Disrespect has made a name for himself with his mastery of FPS games. However, the two gamers are competing in an entirely different category. In a latest build up, many gaming streamers started playing golf in a Lexus-Esports Awards 2023 event. Many gamers such as Daltoosh and fatal1ty were also present. In between the matches, Daltoosh was asked the question, “Who is the best golfer who is also a gamer?” Daltoosh thought about it, remarking about the number of golfers who are also gamers. After pondering long and hard DAltoosh presented Nadeshot as the best golfer-gamer. He is the founder of 100 Thieves. But he added that his own skills are equally at par with Nadeshot. In the follow-up question Daltoosh was asked to give his views on Dr Disrespect's golfing skills. Answering it he said, “Doc? Yeah, he can kick my a** but he’s not better at golf than me." This answer left many fans laughing and humored. Dr Disrespect is yet to respond to the comment made by the TSM streamer. But meanwhile fans have shared their opinion. One fan has taken Dr's side saying, “Can you believe this guy?!”Another fan praised the question raised by the interviewers while others showed surprise over Daltoosh's take. Read More About: Is AI Changing The Insurance Sector? The Brains Behind ChatGPT: Who’s Pulling the Strings?

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