this post was submitted on 23 Mar 2026
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[–] pirate2377@lemmy.zip 10 points 2 days ago (1 children)

The cost of hosting YouTube itself doesn't pay for itself unfortunately. They could get away with it back then because the internet itself wasn't that big. Therefore, we need to KICK THE NORMIES OUT OF OUR INTERNET. WE WERE HERE FIRST, REEEEEE

[–] Taleya@aussie.zone 13 points 2 days ago (1 children)

Google reported an annual gross profit of $240.3 billion last year.

They can fucking pay for YouTube

[–] HexesofVexes@lemmy.world 7 points 2 days ago (1 children)

It's even worse, their net was $132 billion

https://www.macrotrends.net/stocks/charts/GOOGL/alphabet/net-income

So even after expenses, the profit of alphabet group was obscene.

[–] Rooster326@programming.dev 5 points 2 days ago* (last edited 1 day ago)

It's even worse, they laid off approximately 12,000 employees in 2024 alone.

So even after everything, the profit of alphabet group was obscene.