YouTube generates $5 billion in ad revenue for Google in Q3

New Delhi: YouTube brought in $5 billion in advertising revenue in the third quarter of 2020, signaling that there has been a rebound in advertising revenue for both Google and YouTube. YouTube now has over 30 million music and premium paid subscribers, and over 35 million including those on free trials. YouTube TV now has […]

Pakistan’s early exit from COVID-19 lockdown helps it win big on exports orders

Karachi: Pakistan’s decision to loosen pandemic restrictions early has helped the nation’s exports emerge stronger than its South Asian peers. Outbound shipments have grown at a faster pace than Bangladesh and India as textiles, which account for half of the total export, led the recovery. Islamabad saw total shipments grow 7 per cent in September, compared […]

Next crop of COVID-19 vaccine developers take more traditional route

CHICAGO/BERLIN: The handful of drugmakers dominating the global coronavirus vaccine race are pushing the boundaries of vaccine technology. The next crop under development feature more conventional, proven designs. The world will need several different vaccines to fight the COVID-19 pandemic, given the sheer size of global need, variations in effects on different populations, and possible […]

Facebook quarterly profit jumps despite ad boycott

San Francisco: Facebook’s profit jumped in the recently-ended quarter as the leading social network benefitted from a rebounding online ad market despite a boycott, the company reported Thursday. Facebook profit jumped 29 per cent to $7.8 billion (Dh28.6 billion) in the quarter on revenue that climbed to $21.2 billion as people continued to rely on […]