History of YouTube: a timeline

It reorganized in 2015 and created the holding company named Alphabet. The parent holds Google, its largest subsidiary, and several other companies. Some of these companies are subsidiaries of Google, while others are separately owned by Alphabet. Alphabet was founded as a search engine company in 1998 under the name Google Inc. Since then, Google has become the world’s most popular search engine, owning 91% of the global search market.

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In 2005, the three founded YouTube, a website designed to simplify video sharing online. Overall, Alphabet made $46 billion in revenue in the quarter that ended December 31st, 2019, a 17 percent jump over 2018. Google’s search business remains the big moneymaker of Alphabet’s sprawling empire, earning $27.2 billion for the quarter. But alongside YouTube ad revenue, Google is also disclosing the financial performance of its cloud computing division. Google Cloud made $2.6 billion in revenue for the quarter, the report reveals.

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Although Page and Brin have significant voting power in Alphabet, the parent company of YouTube owner Google, they are not on the board of directors due to a decision to step down from day-to-day management in 2019. Google’s board of directors is comprised of the following individuals. At the end of the day, it’s important to realize that although Google’s major shareholders alpari forex broker review are institutional investors, they really represent average everyday retail investors via their ETFs. Chen served as the Chief Technology Officer and was named one of the “The 50 people who matter now” by Business 2.0 magazine in 2006.

YouTube was — and remains to this day — in a separate office in San Bruno. “It was pretty balls to the wall, I guess you would say. I think we were working seven days a week,” Yu Pan, an engineer and YouTube’s first employee, told Business Insider. “We were growing like crazy. The number of views was exponential. We were burning hard drives like nobody’s business.”

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Alphabet Inc. is responsible for overseeing the operations of Google, including YouTube. The platform is managed by a team of executives who report directly to Sundar Pichai, the CEO of Google and Alphabet Inc. YouTube generates revenue through various channels, including advertisements, subscriptions, merchandise, and YouTube TV.

At the same time, YouTube announced the return of the YouTube Music subscription service in a new version. Google announces the launch of YouTube Go, a new app targeting low-end devices, designed for offline viewing in countries where connectivity can be an issue. By taking this step, YouTube allowed everyday people get paid for their viral content. Thus, some users have succeeded in turning their hobbies into lucrative businesses, earning six-figure incomes from YouTube. Alphabet, Google’s parent company, owns several businesses that contribute to its overall success. These include businesses in the fields of advertising, healthy technology, video, security, and navigation.

Many of the employees were dressed in what Ewing-Davis described as “grubby clothes,” since the team was planning to spend the day figuring out the new seating plan and assembling desks. YouTube, the American online video- sharing platform, was founded in February 2005 by three inside bar trading strategy former PayPal employees (Chad Hurley, Steve Chen, and Jawed Karim) and was acquired by Google November 2006 for US$1.65 billion. On May 17, 2018, YouTube announced the rebranding of the YouTube Red service as YouTube Premium.

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Google’s $23 per share offer was a 45% premium to the price shares traded for on Feb. 1, 2022 (prior to the Microsoft news). The deal was one of the largest acquisitions in the company’s history—behind only Motorola Mobility, which Google purchased in 2012 for $12.5 billion. YouTube has had unprecedented social impact, influencing popular culture, internet trends, and creating multimillionaire celebrities. In business, it’s not so much about who owns most but who controls the most. Google co-founders Sergey Brin and Larry Page have structured things so that their Alphabet B Share stock holdings combined allow them to exert 51.4% voting control of the company.

• According to the most recent SEC filings, he is a controlling shareholder with 389,051,160 Alphabet Class A and Class B shares.
• In his place, Google appointed Salar Kamangar, who the company said had already been leading YouTube’s daily operations for two years, according to a statement provided to BBC.
• So he was one of several people in the company that I spoke to that raised concerns.
• This grabbed the attention of many tech giants to purchase and own the company within a few months only.

You know, at the time, it was sort of – if you were early on experimenting with YouTube, you didn’t really have a connection. There wasn’t a support line you could call or an email address – right? And so they were the first to build these relationships, which became very vital and then, you know, years later, as the platform grew, much more difficult to manage. However, YouTube-as-a-dating-site attracted little interest, forcing the cofounder to take out ads paying women $20 to upload dating videos.

Most legacy business intelligence systems at the time required users to have engineering and programming expertise to extract data and analyze it. Looker simplified the process by taking programming queries and modifying them to read more like natural languages, such as English. This allowed users to perform review laughing at wall street data analytics without having to “speak” code. In February 2022, Microsoft (MSFT) was reportedly interested in buying Mandiant.

With $3.7 trillion in assets under management and $40.0 trillion under custody and administration, it remains one of the largest asset management companies in the world. According to an SEC report on December 30, 2023, Vanguard Group, Inc. owns 410,988,828 GOOG shares, which is 6.97% of the total GOOG shares, and 493,810,251 GOOGL shares, or 8.34% of all GOOGL shares. Yahoo’s statistics report shows that institutional investors hold 62.13% of GOOG (Class C shares) and 80.58% of GOOGL (Class A shares). The four largest institutional shareholders of Alphabet are Vanguard Group, BlackRock, State Street, and Fidelity Investments. Forbes ranked Alphabet as the world’s largest technology company in its 2023 The Global 2000 list. It is considered one of the “Big Five” IT companies in the United States.