Google Was Forced Into Disclosing YouTube Revenue by SEC
Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google surprised investors when it reported YouTube revenue for the first time in conjunction with its fourth-quarter earnings.
But investors applauding its increased transparency can be excused if they feel a little duped. Turns out Google was asked to do so by the Securities and Exchange Commission, which requested Google's parent offer up more "quantitative and qualitative" information on its business units.
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Source Fool.com
