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AT&T, Verizon join companies pulling ads from Google and YouTube

Engadget

As reported by Variety, Verizon stated that "Once we were notified that our ads were appearing on non-sanctioned websites, we took immediate action to suspend this type of ad placement and launched an investigation." Its action followed AT&T, which named Google specifically, in a statement that "We are deeply concerned that our ads may have appeared alongside YouTube content promoting terrorism and hate. Until Google can ensure that this won't happen again, we are removing our ads from Google's non-search platforms." As much as we talk about projects like Android, self-driving cars and AI, Google is still largely an advertising company (in January it reported that of $26 billion in revenue overall for Q4, $22.04 billion came from advertising across various platforms). As such, even a temporary loss of business from two of the largest advertisers in the US is the kind of painful prompt that may speed up its action.