Tag

Ruth Porat

All articles tagged with #ruth porat

technology3 years ago•1 min saved

"Google's YouTube Shorts Attracts Massive 2 Billion Monthly Users"

Google announced that over 2 billion logged-in monthly users are watching YouTube Shorts, surpassing competitors like TikTok and Instagram Reels. The company also reported $7.67 billion in ad revenue for YouTube, exceeding analyst estimates. Google is expanding its offerings on YouTube, including the introduction of 30-second unskippable ads and pre-sales of the NFL Sunday Ticket subscription. Additionally, Google revealed that it reaches 150 million people on Connected TV screens in the U.S. and saw positive growth in ad and cloud revenues. Ruth Porat has been promoted to the role of president and chief investment officer, overseeing divisions such as Waymo and Verily.

via TechCrunch|

#advertising #google #ruth-porat

business3 years ago•1 min saved

Alphabet CFO Ruth Porat Promoted to President and Chief Investment Officer

Ruth Porat, the current CFO of Alphabet, will be stepping down from her role and taking on a new position as president and chief investment officer. She will continue as CFO until a replacement is selected and will report to CEO Sundar Pichai. Porat's new role will involve overseeing investments across various areas, including infrastructure, real estate, data centers, and expansion efforts in India. She will also be responsible for Alphabet's "other bets" projects, such as Waymo, and managing the company's cash investments. Porat cited the need for new challenges after serving as CFO for 14 years.

via CNBC|

#alphabet #business #cfo

business3 years ago•5 min saved

Google Implements Cost-Cutting Measures, Including Employee Benefit Reductions.

Google CFO Ruth Porat announced in a memo to employees that the company will be cutting back on some of its famous employee perks, such as closing some office cafes during slow periods and replacing equipment less frequently. The move is part of the company's cost-cutting measures to focus on AI investments and drive technology forward. The memo also mentioned other areas where the company plans to save money, including improving machine utilization and external procurement.

via Business Insider|

#ai-investments #business #cost-cutting

business3 years ago•4 min saved

Google Implements Cost-Cutting Measures, Limits Employee Perks.

Google is making cuts to employee services, including fitness classes, staplers, tape, and the frequency of laptop replacements for employees, as part of a "multi-year" effort to deliver durable savings through improved velocity and efficiency. The company is also cutting down on desktop PCs and monitors, and employees who are not in engineering roles but require a new laptop will receive a Chromebook by default. Google may close cafes on Mondays and Fridays and shut down some facilities that are "underutilized" due to hybrid schedules.

via CNBC|

#business #cost-cutting #employee-services