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YouTube updates terms on facial data collection, monetisation, and tax on US earnings

YouTube updates terms on facial data collection, monetisation, and tax on US earnings 5 hours ago YouTube on Wednesday notified its non-US users that it is updating its Terms of Service on the collection of facial recognition data, the company’s right to monetize, and tax-withholding on US earnings. The new terms will take effect on 1 June 2021 for users outside the US. YouTube notified a similar update to US users in November 2020. What are the changes? 1. Facial recognition restrictions: Although the terms already state that you cannot collect any information that might identify a person without their permission, it did not specifically mention facial recognition information. The updated terms make that explicitly clear.

West Cumbrian musician hits life-changing 1 1 million views on Youtube

West Cumbrian musician hits life-changing 1.1 million views on Youtube A West Cumbrian musician has changed his life thanks to online video sharing platform Youtube. Ben Rowlands, 21, of Whitehaven, has gone from a full-time musician whose workload disappeared overnight due to coronavirus to a full-time Youtuber with 10,000 followers and over a million video views. Ben supported the likes of KT Tunstall, Frank Turner and The Nimmo Brothers pre-coronavirus. But the pandemic put paid to his career. The former Keswick School pupil said: “I was left with zero revenue streams, and was not eligible for any of the various government support schemes available at that time.

YouTube to distribute $100M among top Shorts creators

YouTube to distribute $100M among top ‘Shorts’ creators They will also ask these creators to share their feedback so they can continue to improve the product experience. By Minhaj Adnan|   Published: 12th May 2021 2:29 pm IST Photo: TheVerge San Francisco: In a bid to bring more engagement on its platform that is similar to TikTok, YouTube said that it plans to pay $100 million to creators who use YouTube Shorts. Each month, the company will reach out to thousands of creators whose Shorts received the most engagement and views to reward them for their contributions. They will also ask these creators to share their feedback so they can continue to improve the product experience.

SoftBank breaks profit records

SoftBank breaks profit records SUBSCRIBE Thank you for subscribing to Daily Top 5 We ll soon meet in your inbox. / Daily Top 5 The SoftBank Group has posted a net profit of $45.8 billion, the highest ever for a Japanese company, as tech stocks continued their rally after record losses last year. Also in this letter: eBay taps into Naspers Vision Fund fuels SoftBank s record profits Details: SoftBank s net profit stood at $17.7 billion for the quarter, led by a $37 billion profit at its Vision Fund unit. For the financial year, SoftBank reported a net profit of $45.9 billion, largely fueled by Vision Fund s $57.8 billion profit.

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