

Revanced and newpipe fill different roles while covering a lot of the same functionality. Revanced is still the YouTube app … Just modified.
There’s a lot of ppl that don’t want the actual yt app for everything that it is. Also this being Lemmy there’s a lot of users looking for open source alternatives for all apps.
Specifically, the Board and thus the CEO must maximize company VALUE not profit.
There are other ways to increase company value that do not necessarily result in Q/Q / Y/Y profit increases.
But in the 1970s you get a guy named Milton Friedman who comes along with the concept of shareholder value in a 1970 essay for The New York Times, entitled “A Friedman Doctrine: The Social Responsibility of Business Is to Increase Its Profits”.[5] In it, he argued that a company has no social responsibility to the public or society; its only responsibility is to its shareholders.
So there’s been a lot of argument against it since esp as of late, but the economic hegemony still adheres to Friedman’s economic principles.