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Not only have marketers been pausing ad spend en masse, YouTube is also battling TikTok for audiences and content creators. Industry insiders credit Mohan with building out the ad products that made YouTube Google's main growth engine for so many years. Tal Chalozin, CTO and cofounder of the adtech company Innovid, said that Mohan's expertise stretches across all of YouTube's ad business, particularly adtech. "He was leading product for the launch of YouTube Premium and YouTube TV, and the growth of YouTube Music," said one former YouTube employee. "It's now Neal and YouTube against TikTok, and that's the existential battle for short-form video monetization and creators," Norman said.

☆ YouTube CEO Wojcicki, one of the first Google employees, steps down
▼ + stars: | 2023-02-16 | by ( ) www.reuters.com time to read: +1 min

The change of guard comes as YouTube's advertising revenue fell for the second straight quarter amid intense competition for viewing time with short-form video services such as TikTok and Facebook's Reels, and streaming services like Netflix. One of the most prominent women in tech, Wojcicki said she will focus on "family, health, and personal projects", and plans to take on an advisory role at Alphabet. She was previously senior vice president for ad products at Google and became the CEO of YouTube in 2014. Mohan, a Stanford graduate, joined Google in 2008 and is the chief product officer at YouTube where he been focusing on building YouTube Shorts and Music. He previously spent nearly six years at DoubleClick, a company Google acquired in 2007, and later served for about eight years as senior vice president of display and video advertising at Google.

☆ YouTube CEO Susan Wojcicki is stepping down
▼ + stars: | 2023-02-16 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +1 min

YouTube CEO Susan Wojcicki is stepping down, the company shared in a blog post Thursday. Chief product officer Neal Mohan will be the new head of YouTube. Wojcicki became CEO in 2014 after moving over from Google. Wojcicki became CEO in 2014, coming from Google, YouTube's parent company. Under her leadership, YouTube launched products like YouTube Gaming, YouTube Music, YouTube Premium, and YouTube TV.

☆ YouTube CEO Susan Wojcicki says she's stepping down
▼ + stars: | 2023-02-16 | by ( Jennifer Elias | ) www.cnbc.com time to read: +2 min

YouTube CEO Susan Wojcicki speaks during the opening keynote address at the Google I/O 2017 Conference at Shoreline Amphitheater on May 17, 2017 in Mountain View, California. YouTube CEO Susan Wojcicki said Thursday that she's stepping down. Wojcicki, 54, joined YouTube as the CEO in 2014. Wojcicki said she agreed with Alphabet CEO Sundar Pichai to, in the longer term, take on an advisory role across Google and Alphabet. "When I joined YouTube nine years ago, one of my first priorities was bringing in an incredible leadership team."

☆ Watch CNBC's full interview with Steve Kovach and Wamsi Mohan
▼ + stars: | 2023-02-03 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Steve Kovach and Wamsi MohanCNBC's Steve Kovach and Wamsi Mohan, Bank of America analyst, join 'TechCheck' to break down Apple's earnings, and their thoughts on the quarter.

☆ Analysts stand by Apple, say iPhone maker's 'flywheel keeps spinning' despite disappointing earnings
▼ + stars: | 2023-02-03 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Analysts aren't giving up on Apple despite the tech giant's near-term headwinds. Sales for the holiday-quarter were also 5% lower over last year, representing the company's first year-over-year decline since 2019. "Despite near-term macro and supply headwinds, the Apple flywheel keeps spinning," said Morgan Stanley's Erik Woodring, who retained his price target and overweight rating. AAPL 5D mountain Apple falls after disappointing earnings But Apple isn't out of the macro woods just yet, according to some analysts. "On the other, numbers are being reset, and investors may begin to look forward to a better 2024, akin to 2019, when Apple last saw revenues decline."

The world's biggest public company is expected to report on Thursday that iPhone sales fell about 5% for the all-important holiday quarter, according to Refinitiv. The last time iPhone sales slipped was in the August-October period in 2020, months into the COVID-19 pandemic. Greater China, including Hong Kong, is key to Apple's fortunes, contributing roughly a fifth to annual revenue. FUNDAMENTALS** Revenue estimated to have fallen 2% in the last three months of 2022, Apple's first fiscal quarter. ** IPhone sales likely fell for first time since 2020, while services business rose 6%.

☆ China's reopening isn't going to be a tailwind for Apple, says BofA's Wamsi Mohan
▼ + stars: | 2023-01-27 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina's reopening isn't going to be a tailwind for Apple, says BofA's Wamsi MohanWamsi Mohan, Bank of America analyst, joins 'Closing Bell' to discuss Apple ahead of its earnings report next week.

India decriminalised homosexuality when it scrapped a colonial-era ban on gay sex in 2018, but it remains a taboo topic in this socially conservative country of 1.4 billion. Prime Minister Narendra Modi's government has in the past refused to legalise same-sex marriage. The RSS, established in 1925, is estimated to have millions of active members across India and overseas. Lawyers for the couples declined to comment about Bhagwat's comments, saying the matter was before the court. Reporting by Rupam Jain, Arpan Chaturvedi; Editing by Miral Fahmy and Raju GopalakrishnanOur Standards: The Thomson Reuters Trust Principles.

☆ China’s Covid wave threatens another snarl of U.S. medical supply chain
▼ + stars: | 2023-01-08 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Shannon-Pettypiece-Circle-Byline-Template.Jpg | Shannon Pettypiece | ) www.nbcnews.com time to read: +8 min

“We’re looking a lot for potential early warning signs in the medical supply chain for any kinds of disruptions,” said an administration official. “One major concern throughout the entire pandemic has been that because of China’s zero Covid policy, shutdowns greatly reduced manufacturing capacity in China. Despite efforts over the past two years by the Biden administration to bolster the country’s domestic medical supply chain, the complexity, costs and regulations involved in health care manufacturing has limited companies’ ability to shift production. I think that would be a natural response,” said Douglas Kent, executive vice president of corporate and strategic alliances at the Association for Supply Chain Management. Health care officials say they hope that the U.S. is in a better place to withstand any shocks from China.

☆ Meta Platforms appoints Sandhya Devanathan as India head
▼ + stars: | 2022-11-17 | by ( ) www.reuters.com time to read: 1 min

NEW DELHI, Nov 17 (Reuters) - Meta Platforms (META.O) appointed Sandhya Devanathan as its India head on Thursday, days after Ajit Mohan quit to join rival Snap Inc (SNAP.N). WhatsApp's India head Abhijit Bose and Meta Platforms's public policy director in India Rajiv Aggarwal also resigned earlier this week. The company has for years faced criticism for doing little to curb the spread of fake news and hate speech in India. Devanathan has been with Meta since 2016 and will move into her new role in January. Reporting by Tanvi Mehta; Editing by Himani SarkarOur Standards: The Thomson Reuters Trust Principles.

☆ Facebook Parent Meta Sees Executive Exodus in India
▼ + stars: | 2022-11-16 | by ( Newley Purnell | ) www.wsj.com time to read: 1 min

Three of Meta Platforms Inc.’s top executives in India have departed the company in recent weeks, with the Facebook parent changing the country’s reporting structure amid its first broad global restructuring, according to people familiar with the matter. The India head of Meta’s WhatsApp messaging service, Abhijit Bose , and Meta’s India public policy director, Rajiv Aggarwal, have resigned, a Meta spokeswoman said Wednesday. Their exits follow the departure announced earlier this month of Meta’s India head, Ajit Mohan .

☆ Meta's India public policy chief, WhatsApp's India boss quit
▼ + stars: | 2022-11-15 | by ( ) www.reuters.com time to read: +1 min

NEW DELHI, Nov 15 (Reuters) - WhatsApp's India head Abhijit Bose and Meta Platforms Inc's (META.O) public policy director in India Rajiv Aggarwal have resigned, a Meta spokesperson said on Tuesday. The departures follow the exit of Meta's India head Ajit Mohan, who quit this month after four years in the job to join rival Snap Inc (SNAP.N). A Meta spokesperson said both of the exits were unrelated to the current layoffs. Meta has appointed Shivnath Thukral as its new director for public policy in India and the company will look for a replacement for Bose, the spokesperson said. Couple of months back, the head of WhatsApp's India payment business, Manesh Mahatme, also quit to join Amazon India.

☆ Analysts stumped by Apple's unusual supply warning, see 4th quarter estimates at risk
▼ + stars: | 2022-11-07 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Apple 's latest factory troubles mean downside ahead to estimates for the technology giant's December quarter, analysts say. The company also warned of fewer units shipped and longer wait times for customers. The statement has led to concerns that the company may sell fewer units in the December quarter or struggle to make enough to satisfy demand. While the disruption pushes lead times out by a week, they could extend even further, JPMorgan's Samik Chatterjee said in a note to clients Monday. Bank of America's Wamsi Mohan trimmed Apple estimates for the December quarter and cut his price target on the stock to $154 from $160 a share.

☆ Facebook-parent Meta's India head Ajit Mohan steps down
▼ + stars: | 2022-11-03 | by ( ) www.reuters.com time to read: +1 min

BENGALURU, Nov 3 (Reuters) - Facebook-parent Meta Platforms Inc (META.O) said on Thursday that its India head, Ajit Mohan, has stepped down after four years, while a media report said he would join rival Snap Inc (SNAP.N). Manish Chopra, director and head of partnerships at Meta India, will take over on an interim capacity, a company spokesperson told Reuters. Mohan will serve as the President of the Asia-Pacific business, Techcrunch reported, citing sources. "Over the last four years, he (Ajit Mohan) has played an important role in shaping and scaling our India operations," Nicola Mendelsohn, Vice President, Global Business Group at Meta said in a a statement. "We remain deeply committed to India and have a strong leadership team in place to carry on all our work and partnerships," Mendelsohn said.

☆ Analysts view Apple as a 'safe haven' and 'bright spot' in tech following another strong quarter
▼ + stars: | 2022-10-28 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Apple 's quarterly results proved to analysts that the iPhone maker's stock is the place to hide when a recession hits. Wells Fargo's Aaron Rakers called Apple the "bright spot amid mega-cap carnage" in a note to clients Thursday as the company shared "better-than-feared" results even in this troublesome macro environment. Credit Suisse's Shannon Cross said the stock is a "safe haven" and "relatively safe port in the storm" in a note to clients Thursday. JPMorgan Chase's Samik Chatterjee said the results underscore Apple's resilience and should further entice investors to buy the stock. "Amid a sea of large-cap earnings debacles, Apple's results appear to be a relative victory," wrote Bernstein's Toni Sacconaghi.

☆ How an $18-an-hour Amazon warehouse job cured one former tech exec's burnout
▼ + stars: | 2022-10-28 | by ( Avery Hartmans | ) www.businessinsider.com time to read: +5 min

It's been a wild week in tech, made even more wild by Elon Musk's Twitter deal closing last night. We've got a ton of news this morning, including an account from a longtime tech exec who took a job at an Amazon fulfillment center to help cure his burnout. How an $18-an-hour Amazon warehouse job cured one tech exec's burnout. He decided to quit his CEO job and, eventually, take on a seasonal role at an Amazon fulfillment center. How Elon Musk's "autocratic leadership" will change Twitter.

☆ Bank of America downgrades Apple, says weak consumer will cause stock's outperformance to end
▼ + stars: | 2022-09-29 | by ( Carmen Reinicke | ) www.cnbc.com time to read: +2 min

Apple got a rare downgrade Thursday, with Bank of America lowering its rating on the tech giant to neutral from buy, citing incremental risks to the company's earnings going forward. The bank also slashed its price target on the stock to $160 per share, implying upside of about 7%. Bank of America's old target of $185 pointed to a more than 23% gain. Apple is down 15.6% year to date, outperforming the S & P 500 in that time, which has fallen nearly 22%. Bank of America sees many short-term risks to Apple given a weaker macroeconomic outlook.

☆ The demand profile of the Apple customer is changing which is worrisome, says BofA's Mohan
▼ + stars: | 2022-09-29 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe demand profile of the Apple customer is changing which is worrisome, says BofA's MohanWamsi Mohan, Bank of America analyst, joins 'Squawk on the Street' to discuss why Mohan sees more downside risk to Apple's stock, the demand for Apple's base iPhone 14 model, and more.

☆ Behind the big Apple downgrade: Analyst who made the call reveals why the stock is in trouble
▼ + stars: | 2022-09-29 | by ( Alex Harring | ) www.cnbc.com time to read: +1 min

The Bank of America analyst who made waves Thursday by downgrading Apple said his decision was based on the tech giant's decision not to upgrade chips in the iPhone 14 series. "That is a real departure from from prior generations," analyst Wamsi Mohan told "Squawk on the Street" when talking about the chips. The firm also lowered its price target on the stock to $160 per share. While that implies an upside of 7%, the previous price target of $185 positioned the stock for a gain of more than 23%. His souring sentiment on the stock also stems from the increasingly tumultuous economic environment consumers find themselves in, he told CNBC.

☆ YouTube announced the biggest revamp to its creator pay program in 15 years, but questions persist over Shorts revenue share. Here are 3 key takeaways.
▼ + stars: | 2022-09-21 | by ( Geoff Weiss | Amanda Perelli | ) www.businessinsider.com time to read: +5 min

YouTube announced the biggest changes to its creator monetization program in 15 years. YouTube will share ad revenue with Shorts creators who have 1,000 subscribers and 10 million views. That's because YouTube is allocating a portion of total Shorts ad revenue to cover music licensing. Shorts monetization is something of an ultimatum to TikTok, but concerns persistBeginning next year, in place of the YouTube Shorts fund, YouTube will start sharing revenue from Shorts ads with creators. Creator Music is currently in beta and launching later this fall with partners including Empire, Believe, Downtown, and Merlin.

☆ YouTube in challenge to TikTok to give Shorts creators 45% of ad sales
▼ + stars: | 2022-09-20 | by ( Dawn Chmielewski | ) www.reuters.com time to read: +1 min

A 3D printed Youtube and Tik Tok logo are seen placed on keyboard in this illustration taken, September 15, 2020. REUTERS/Dado Ruvic/IllustrationLOS ANGELES, Sept 20 (Reuters) - YouTube unveiled a new way for creators to make money on short-form video, as it faces intensifying competition from TikTok. The Google-owned (GOOGL.O) streaming service announced Tuesday that it would introduce advertising on its video feature Shorts and give creators 45% of the revenue. That compares with its standard distribution of 55% for videos outside of Shorts, and TikTok's $1 billion fund for paying creators. "We want YouTube to be the place that gives (creators) the greatest support within the changing digital landscape," said YouTube Chief Product Officer Neal Mohan.

☆ YouTube will start sharing ad revenue with Shorts creators as the company tries to catch TikTok
▼ + stars: | 2022-09-20 | by ( Jennifer Elias | ) www.cnbc.com time to read: +3 min

As YouTube tries to chase down TikTok in the short-video market, the Google-owned company says it will start handing over a bigger slice of advertising revenue to popular creators. It's not yet clear how lucrative the opportunity will be for Shorts creators because YouTube is providing limited information on the payouts. YouTube said that every month it will pool together ad revenue from Shorts. Of that sum, an undisclosed percentage is allocated to creators, and YouTube will pay them 45% of that amount. Regular YouTube video creators earn 55% of revenue from ads that play before or during their videos.

☆ The most expensive new iPhone models could boost Apple, top analyst says
▼ + stars: | 2022-09-20 | by ( Jesse Pound | ) www.cnbc.com time to read: +1 min

There are early signs that the most expensive versions of Apple 's iPhone 14 are a hit with customers, according to a widely followed tech analyst. Ming-Chi Kuo, a longtime Apple analyst, wrote in a post on Medium that the Pro models of the new iPhone 14 are proving popular with customers, potentially boosting the tech giant's profit margin. According to Kuo, the iPhone 14 Pro Max is currently the most popular model in the new lineup, accounting for roughly a third of iPhone 14 shipments. On Apple's website, the standard iPhone 14 starts at $799. The iPhone 14 Pro starts at $999, and the Max version begins at $1,090.

☆ Apple may be seeing a demand split for iPhone 14 models, Bank of America says
▼ + stars: | 2022-09-19 | by ( Jesse Pound | ) www.cnbc.com time to read: +1 min

There is a divergent picture of demand developing for Apple 's newest lineup of iPhones, according to Bank of America. But that appetite does not appear to exist down the lineup, where the iPhone 14 and iPhone 14 Plus have shrunken wait times compared with prior years. This could be driving customers to shift into the iPhone 14 Pro/Pro Max models which bodes well for mix and ASP, in our opinion. However, this might also suggest weaker demand overall for iPhone 14, which could be concerning," Mohan wrote. That change and component shortages could be impacting the year-to-year comparisons of shipping times, Mohan cautioned.

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