Instagram pulled in $16.5 billion from ads in six months.

  • shani66@ani.social
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    7 months ago

    It’s wild that YouTube, owned by the only ad company that matters, isn’t insanely profitable. They don’t even need to degrade the service, Google could literally wipe corporations from the Internet if they didn’t play ball.

    • BrikoX@lemmy.zipOPM
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      7 months ago

      People don’t understand how much data costs. There is a reason YouTube was the only player for so long. And then the next player Twitch, who is also owned by multi billion-dollar corporation which subsidizes the operation, is also not profitable. There is Kick now, but they are baby without a plan, you are also operating in the negative.