Google hikes YouTube TV price to $64.99
Alphabet Inc's Google said on Tuesday that it has raised the price of its YouTube TV online service by 30% to $64.99 per month, citing rising cost of content.
The price hike, effective from Tuesday, comes amid a surge in demand for online content as live events, movie theaters and sporting events remain closed or canceled due to coronavirus-led restrictions.
Google in April 2019 raised the cost of its YouTube TV subscription by 25% to $49.99.
The company said the price rise reflects the complete value of YouTube TV, which offers live shows and programs from major broadcast networks such as "The Daily Show with Trevor Noah", "SpongeBob SquarePants" and the recently launched HBO Max service. (https://bit.ly/3eTtXgE)
It also brings shows from YouTube creators, trending YouTube videos, and YouTube Originals.
(This story corrects to add dropped word "TV" in paragraph one)
(Reporting by Neha Malara in Bengaluru; Editing by Ramakrishnan M.)
Amazon.com Inc is scheduling its annual Prime Day shopping event for September and allowing unlimited shipments of non-essential goods to warehouses, the Wall Street Journal reported on Thursday, citing people familiar with the matter.
Amazon.com Inc on Wednesday said it was implementing a one-year moratorium on police use of its facial recognition software, halting a business it long defended as many protested law enforcement brutality against people of color.
Yandex <YNDX.O> has doubled the size of its new share offering to $400 million, the Russian internet giant said on Thursday, which combined with private placements will raise $1 billion to finance acquisitions and growth.