Anon Archived Google's stock rating downgraded as YouTube ad boycott contagion goes global (theregister.co.uk)
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Anon Archived Google's stock rating downgraded as YouTube ad boycott contagion goes global (theregister.co.uk)
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[–] derram 2 points 3 points 5 points (+5|-2) ago
https://archive.is/VVjq9 | https://vgy.me/xLUmD9.png :
'Google has responded to a contagious YouTube advertising boycott which yesterday prompted a downgrade on Wall Street. '
'Pivotal Research Group downgraded Alphabet shares from "Buy" to "Hold" based on its response to the boycott, which now includes more than 200 big brands, as well as public sector ad spending. ', "The UK is Google's second largest market after the USA, bringing in 9 per cent of Alphabet's revenue, and the only territory where Google breaks out revenue in its financial statements.", "The boycott follows a series of reports in The Times demonstrating that Google was running advertisements promoting big brands against jihadi and racist videos on YouTube, the world's second most popular website after Google's search page.", "Speaking at an advertising conference yesterday, Google's European boss Matt Brittin walked a fine line."
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