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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Mountains

The Highest Mountains in the World

Mountaineers will tell many a tale about the highest mountains they have climbed, how long it took them, and will tell you at great length about the training and diets they undertook to get them ready for the climb. Well, this article informs the eager traveler about three of the world's highest peaks, Everest, K2, and Kangchenjunga. Mount Everest (Sagarmatha): This is part of the Mahalangur Himalayas and lies between China and Nepal. In fact, their border runs along with the summit point. It is 8,844 m in height (rock height) according to the Chinese and this has been accepted by the Nepalese. Everest is every mountaineer's dream rock to climb. To date, around 300 people have died to try to climb it and many have suffered severely from altitude sickness. Things to Do The Tengboche Monastery is a beautiful building near the base camp. The wood-carved decor is impressive and the walls are adorned with many paintings of Buddha. There is a bakery below the monastery run by the monks which apparently sells a great apple pie. The monks will also tell you about the history of the monastery and the area too. The Namche Bazaar is the last resort stop where mountaineers shop before the climb to Everest and as a result have a wide variety of things that can be bought. It is, however, obviously more expensive than normal. Places to Stay The closest places to stay are in the Sagarmatha (Everest) National Park which is also a UNESCO World Heritage site. It has a Certificate of Excellence from TripAdvisor. Hotel Everest View is one of these hotels at just under a mile from the mountain and at 13,000 ft is the highest hotel in the world. It is a luxury hotel and serves some of the best food in the region of Khumbu. It has views of Everest from every room. It also has Wi-Fi. Khumbu Resort at 8.3 miles away is also a good hotel offering nice food and clean, comfortable rooms at a reasonable price. Places to Eat and Drink Hotel Everest View has great food and currently offers Japanese food amongst other dishes. Other options are the Sherpa Barista Bakery, Food & Coffee Shop which is a few miles away, and in the top 2 places to eat and drink in that area. K2: K2 is part of the Baltoro Karakoram range of mountains and is on the China-Pakistan border. At 8,611m it is the second-highest mountain in the world. It has a particularly hard ascent and as a result of this is known as the "Savage Mountain". Out of the highest mountains in the world, it has the second-highest death rate of climbers. The best times to try to climb it are in July and August as these are the warmest months. Things to Do The Central Karakoram National Park is located in Pakistan in the Gilgit-Baltistan area. Trekking and rock climbing are some of the things that can be done as well as spotting animals such as the snow leopard and ibex if the visitor is lucky enough and patient enough. The Kaberi Glacier in Pakistan is at 4448m and quite a sight covering an area of 71.96km. It is also in the Gilgit-Baltistan area. Places to Stay The Gilgit Serena Hotel in Pakistan comes in at no 1 in the TripAdvisor rankings. It also has a Certificate of Excellence from TripAdvisor. Its location places it conveniently at 2 miles from Gilgit airport. The views of the mountains are spectacular and the food is good and wholesome. The Hunza Serena Inn in Hunza, Pakistan, is also no1 in its area according to TripAdvisor, and is in a beautiful setting surrounded by orchards of apple trees and apricots with the mountains as a beautiful backdrop. Places to Eat and Drink The Gilgit Serena Hotel already mentioned has good quality food and is probably the best in the area. There are many other lodges and inns but this seems to be the best for food and accommodation. Kangchenjunga: This mountain lies on the border of Nepal and India and is the world’s third-highest. Its peak lies at 8,586m above sea level and is part of the Himalayas residing in an area called Kangchenjunga Himal. It is the tradition of climbers to stop short of the top so that it remains untouched and as a result is not worn down. Interestingly there are three different areas of vegetation surrounding the mountain. There are broad-leaved, coniferous forests, meadows containing alpine shrubs and savanna and grasslands (Terai-Duar). Things to Do In nearby Sikkim, India, there are plenty of things to see and do for the nature lover. Remember that in order to visit India an India e-visa is required, read more for additional queries. There are several wildlife sanctuaries including the Fambong Lho and the Pangolakha. There are also two rhododendron sanctuaries at Barsey and Shingbar and a national park at Khangchendzonga, which is now a UNESCO World Heritage site. Places to Eat and Drink The Coffee Shop and Restaurant in Gangtok serves coffee and Italian food. It is ranked no 1 in this area in TripAdvisor. it has exceptional pizzas according to travelers and amazing coffee. The Cafe Live and Loud also seems to have the top spot out of Gangtok's restaurants. It seems slightly more expensive but has music with a good local band. Where to Stay: The Lemon Tree Hotel Gangtok has a 5.0 rating on TripAdvisor and is ranked no 1 in the area. It is decorated in the traditional style of the area and has stunning views of the mountains. It is close to Kanchenjunga National Park and boasts a swimming pool (outdoors), Wi-Fi, and a fully equipped gym. The Udaan, Woodberry Hotel, and Spa are also ranked highly coming in at no 2 out of all the hotels in Sikkim. It has a Certificate of Excellence. It boasts a spa as suggested by the name. Take your time and apply for an India e-visa if you want to go there. Read Also: Three Amazing Travel Destinations In Africa Why Should Ladakh Be Your Next Travel Destination?

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AIA Migration

7 Benefits of Having AIA Migration Perth

Moving to a new country is a complex process that requires a lot of preparation. It also involves a monetary investment because application fees are very expensive. If you’re thinking of moving to Perth, it will be prudent to hire a migration specialist to help you understand all the regulations and steps involved in the big move. Here are 7 benefits of having AIA Migration Perth to back up your move to the largest and capital city of Western Australia: Help You Understand the Complex Laws: Australian migration laws are very detailed. There are different cases stipulated in the law, with different corresponding steps and requirements. It is written in the legal jargon, which may be hard for the ordinary citizen to understand. If English is not your first language, it will be much harder to decipher and comprehend all the legalese. To make sure that there is no confusion or misinterpretation of the law, which can delay your application, hiring the help of a migration specialist is necessary. Answer All Your Questions: Making the decision to move to a new country is both exciting and scary. You’re excited to start a new life in foreign soil, but at the same time, you are scared of stepping out of your comfort zone because you don’t know what challenges you will face in this new place. Hiring a migration specialist will quell your fears and abate your worries. They can answer all your questions with ease and assuage any of your doubts with their expertise. Aid in Catching your Mistakes: You will have to fill up many forms during the migration process. Sometimes, these forms can be confusing especially if you’re not a native English speaker. Having a migration specialist beside you, guiding you every step of the way will help you catch all your mistakes. These mistakes can be costly because one wrong entry can mean the rejection of your application. Of course, you wouldn’t want that to happen to you over something that is preventable. Verify Your Supplementary Documents: Your migration agents will verify all your supplementary documents like IDs, medical statements, criminal records, birth certificates, etc. They will tell you if you need original copies, photocopies, or certified true copies. They take the guesswork out of the complicated requirements, so you won’t make critical mistakes, which will only delay your application because the Australian government will ask for clarification. Save your Precious Time and Effort: Because of their expertise, migration specialists have handled many cases. They know what they are doing and cut down the time of your application. They will immediately give you a list of what you need to get down, which saves you the hard work of doing your own research. Doing so saves you valuable time and your energy, so you can focus on the more important aspect of making money and preparing your family for the big move. Can Cut Down your Cost: It will cost a little bit of money to hire a migration agent, but it is an investment worth taking because of all the things they do on your behalf. Sometimes, you have to pay for convenience so you won’t stress yourself out needlessly. Getting sick over worry is more expensive. Moreover, migration agents actually do save you money because they free up your time to do other things. They also deter you from making costly mistakes. Application fees are very expensive, and if you make a fatal mistake, you may have to start things from scratch. Imagine going back to zero and working your way from the ground up once again. That is not only frustrating but very expensive. Oversee Should you Need to Make an Appeal: Rejection sucks, but it can happen for a variety of reasons. Sometimes, the laws have changed, so you’ll just need to do some additional requirements. It could also be that the cap for approving residents visas for the year has been reached. A rejection is not a final no. You can still reapply and re-appeal your case. There is no harm in trying to do so because the benefit you will gain will be immense if they say yes. Your migration agent will gladly help you with an appeal’s process because their main goal is to see you happy in your new country. Read Also: Steps To Emigrating To Australia Follow These 5 Tips To Avoid Mistakes In Immigration Application The Ultimate Moving Checklist – Things You Need To Do When Moving

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NFL's Roger Goodell Praises Las Vegas Transformation

NFL’s Roger Goodell Praises Las Vegas Transformation 

NFL commissioner Roger Goodell, spoke at a Las Vegas Super Bowl LVIII Host Committee brunch in Tuesday and he praised the city's shift in image in the last few years which has led them to land the league's championship game. Goodell also touched on other topics like the game's global appeal in a 25-minute sit down with Las Vegas Raiders president Sandra Douglass Morgan that also included appearances by other sports executives from premier leagues such as the UFC, the NHL's Golden Knights, the WNBA's Aces, Formula 1 and the NBA. Goodell addressed the crowd and said, "You really have become Sports Town USA. You really have, and that vision was set out, that vision was clear. We wanted to be a part of it, and I think when that happened, everything seemed to change and the stadium obviously is a key component of that. It's one of the reasons we struggled in Oakland is being able to get a long-term stadium that would work for us. Great news is this is home for us, so we're glad to be here." https://twitter.com/stevemcomedy/status/1732161471310901540?s=20 He added, "I'm going to credit this community because I think you've changed the city on a global basis. It is an extraordinary entertainment city and I think people see this city in a different way. Sports may be part of that, but we're all part of, I think every one of the sports that are represented here today would say that you've changed that, you've changed that narrative, you've changed that image, you've changed that platform. And I think, I probably would not have said 10 years ago, that I would see myself sitting here for a Super Bowl. But I'm not surprised." When Douglass Morgan asked whether Las Vegas would be in a "rotation" for the Suoer Bowl, Goodell laughed."We don't have a rotation of Super Bowls," he said, "but I have no doubt this is going to be a successful Super Bowl. We'll be back here a lot for Super Bowls." Read More About: Which Nations Have the Greatest Disconnect Between Their People Sam Altman, The CEO Of OpenAI Joins Microsoft Adding Further To The Controversy

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