Google (NASDAQ GOOG) has made some key changes which have rendered the YouTube app useless for older versions of various smartphones. The changes made by Google would affect smartphones which were made in 2012 or before. The users would therefore have to adapt themselves accordingly. Google (NASDAQ GOOG) have long made their stand clear and they have warned the users fairly before making the changes which have been mentioned more clearly below.
Here in this article, we will take a closer look at the changes which Google have made. We would also look at how these changes may affect the users as well as the stock. We would follow all these analysis with a normal stock analysis of Google (NASDAQ GOOG).
Google (NASDAQ GOOG) has retired Data APIv2 which would lead to the retiring of Youtube app for old smart devices. The move has long been coming. Google decided to make these changes way back in March of 2014 and made the first few prominent steps in September. To say that the users saw it coming, would be true.
Google Inc (NASDAQ GOOG) News: YouTube App and GOOG stock
Any gaming consoles which do not support HTML5 or flash would also be losing app support. Furthermore, devices using version less than iOS 6 like Apple TV, Google TV version 3 and 4, would all be affected by this piece of news.
Google is also facing anti-trust issues with EU. A formal litigation was placed against Google for the same and it might lead to a huge blow on the stock. The complaint alleges Google to have biases on shopping related search placements. If proved true, it would be a serious allegation on Google’s neutrality on the same topic.
Google Inc Financial News (NASDAQ GOOG)
Google (NASDAQ GOOG) remains a great stock in the market. Through the years, Google has kept its sharpness in innovation and easily led in the search engine market. It would be intriguing to see how the stock performs in the coming days in affect to the YouTube app shutdown for older devices.
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