Who owns Google and YouTube?

Who owns Google and YouTube?

Who owns Google company and YouTube? We have gathered all the interesting information for you. The creators of the site are "yesterday's students", and today some of the most talented and highly paid programmers in the world Steve Chen, Chad Hurley and Jawed Karim.

Who owns Google and YouTube?
Photo: 7youtube
Source: UGC

YouTube owner

Answering the question ‘who owns YouTube?’ - it is worth starting with the fact that the project has several owners. The creators of the site are "yesterday's students", and today some of the most talented and highly paid programmers in the world Steve Chen, Chad Hurley and Jawed Karim.

YouTube Video Portal was launched in February 2005. Now about a hundred million video files are viewed daily. According to Comscore World Metrix, YouTube’s August audience was 72 million users.

In 2008, Steve leaves the position of director of technology, making Hurley the only “ancestor” of hosting, who works in Google. However, this did not last long. In October 2010, during the Dublin Technology Conference, Chad also announces his departure. At the same time, he does not relinquish his duties as a consultant, saying that he has performed this function over the past few years. The post of executive director goes to Salar Kamangar, Google’s vice president of Internet product management, who has overseen YouTube since 2008.

Read also

Funke Opeke: The 'crazy' smart Nigerian woman who just sold her company for N131.19bn to a U.S firm

youtube
Photo: investstroy
Source: UGC

READ ALSO: Who is the owner of MTN network company?

YouTube is a subsidiary of Google, the largest video hosting in the world. Each month its content is viewed by approximately → 1.1 billion users. Currently, the project generates revenue in 3.4 billion dollars annually.

Popular search engine, Google, announced the purchase of video service YouTube. Both companies exchanged shares in the amount of 1.65 billion dollars. At the end of the transaction in 2006, YouTube retained its trademark, reinforcing and complementing Google’s video services. In exchange, Google placed its ads on YouTube. Google did not provide details on running costs on YouTube. In June 2008, Forbes magazine reported revenue of $ 200 million, noting progress in advertising sales. This was reported in a press release from Google itself. So still Google owns YouTube.

Since them the revenue has only increased as the audience of viewers becomes bigger every day.

Read also

BREAKING: Facebook, Instagram, WhatsApp services back online after huge global shut down, Zuckerberg reacts

Google owner

The company was founded by Larry Page and Sergey Brin. It was first registered as a private company on January 4, 1996, and on August 19, 2004 it began selling its shares in the stock market. Then Larry Page, Sergey Brin and Eric Schmidt agreed to work together in Google business for twenty years, until 2024. From the very beginning, the stated mission of the company was “organizing world information, ensuring its accessibility and benefits for all”, and the company's unofficial slogan, invented by Google engineer Paul Bactey: “Do not be evil!”

Who owns Google?
Photo: rb.ru
Source: UGC

READ ALSO: Who is the owner of Bet9ja company?

Lawrence Edward (Larry Page) is a developer and co-founder (with Sergey Brin) of the Google search engine.

On April 4, 2011, he became Google’s chief executive again, replacing Eric Schmidt in this post, after his resignation as Google’s CEO in August 2001. He announced his intention to resign for the second time in July 2015 to become CEO Alphabet, at the head of which the assets of Google will be reorganized. Led by Paige Alphabet seeks to achieve significant success in various industries.

Read also

Zuckerberg loses N2.4 trillion in 1 day amid global shutdown of Facebook, WhatsApp, Instagram services

As of March 2017, Page is the 12th on the list of the richest people in the world, with a fortune of 40.7 billion US dollars.

Paige, the inventor of PageRank, Google’s most famous link-ranking algorithm, won the Marconi Award in 2004.

Sergey Brin is an American entrepreneur and a scientist in the field of computing, information technology and economics, a billionaire (13th in the world), a developer and founder of the Google search engine.

According to Forbes magazine, in 2018, with a fortune of $ 47.5 billion, he is the 13th richest person on the planet.

Known as the founder and president of technology development Google INC, he is also the developer of Google search engine and online advertising technology.

READ ALSO: Who owns Iroko TV?

Source: Legit.ng

Online view pixel