(Reuters) – YouTube, Google Inc’s video website, is streaming 4 billion online videos every day, a 25 percent increase in the past eight months, according to the company.
The jump in video views comes as Google pushes YouTube beyond the personal computer, with versions of the site that work on smartphones and televisions, and as the company steps up efforts to offer more professional-grade content on the site.
According to the company, roughly 60 hours of video is now uploaded to YouTube every minute, compared with the 48 hours of video uploaded per minute in May.
YouTube, which Google acquired for $1.65 billion in 2006, represents one of Google’s key opportunities to generate new sources of revenue outside its traditional Internet search advertising business.
Last week, Google said that its business running graphical “display” ads – many of which are integrated alongside YouTube videos – was generating $5 billion in revenue on an annualized run rate basis.
Still, most of the 4 billion videos that YouTube now streams worldwide every day do not make money. Three billion YouTube videos a week are monetized, according to the company.
YouTube recently redesigned its website to more prominently showcase specialized “channels” organized around different types of content. In October, YouTube announced that it had struck 100 original video programming deals with media partners including Madonna and Jay-Z. Thomson Reuters and YouTube recently announced a partnership to create a Reuters TV channel for the website
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SECRETARY CLINTON PRESENTS AWARDS FOR CORPORATE EXCELLENCE.
States News Service December 9, 2009 WASHINGTON — The following information was released by the U.S. Department of State:
Office of the Spokesman Washington, DC December 9, 2009 Secretary of State Hillary Rodham Clinton on December 9 presented TOMS Shoes in Argentina and Voila – Communication Cellulaire d’Haiti (Trilogy International Partners) with the Secretary of State’s 2009 Award for Corporate Excellence (ACE). The ACE is given annually to U.S.-owned businesses that exhibit good corporate citizenship, promote innovation, and advance democratic principles around the world. here toms shoes coupon code
This year’s small or medium-sized company winner is TOMS Shoes in Argentina. TOMS Shoes was chosen for pro v iding a basic necessity – shoes – to disadvantaged people including children and disaster victims, aiding in the prevention of foot-borne infections, and providing mobility for children to obtain education. TOMS Shoes exemplifies U.S. volunteerism and demonstrates best practices in supplier management.
This year’s winner in the multinational category is Voila – Communication Cellulaire d’Haiti (Trilogy International Partners). Trilogy International Partners was chosen for its positive impact on the Haitian economy through exemplary employment practices and its promotion of education through youth rehabilitation programs, scholarships, internships, computer labs, sports, and arts programs. web site toms shoes coupon code
The two winners were chosen from 11 finalists. The nine other finalists were Chevron Corporation in the Philippines, Cisco Systems in Lebanon, Cummins in China, Intel Corporation in Costa Rica, Marriott International in Jordan, Officenet Staples in Argentina, Oracle Corporation in Romania, Protec in Vietnam, and White and Case LLP in Russia.
PRN: 2009/1255
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(Reuters) – YouTube, Google Inc’s video website, is streaming 4 billion online videos every day, a 25 percent increase in the past eight months, according to the company.
