Snap Inc. Misses Revenue Expectations Despite Growth in Paying Subscribers
Snap Inc.’s second-quarter revenue fell slightly short of estimates, but the company saw a boost in paying subscribers and user growth. Learn more about their performance. Snap Inc., the parent company of Snapchat, reported its second-quarter earnings, revealing a slight shortfall in revenue compared to analyst expectations. The company generated
Threads Surpasses 200 Million Active Users as Meta Eyes One Billion
Meta’s Threads app has reached 200 million active users. Learn about its rapid growth, future potential, and current challenges compared to rivals like X. Meta’s Threads app has achieved a significant milestone, surpassing 200 million active users, as confirmed by Meta executive Adam Mosseri. This achievement comes just a day
Microsoft Lists OpenAI as Competitor Amid AI and Search Landscape Shifts
Microsoft now considers OpenAI a competitor in AI and search, adding complexity to their long-term partnership. Learn more about the evolving dynamics between these tech giants. Microsoft’s relationship with OpenAI has entered a new phase of complexity, as evidenced by the company’s latest annual report. For the first time, Microsoft
Meta Shares Surge 5% as Sales Exceed Estimates on AI-Driven Advertising Growth
Meta’s recent earnings report surpassed estimates, driven by effective AI in advertising. Shares jumped 5% as the company forecasts strong future growth. Meta Platforms Inc., the parent company of Facebook and Instagram, experienced a notable surge in its stock price, climbing about 5% in late trading after reporting impressive sales
Google’s ‘Dear Sydney’ Ad Sparks Backlash Over Impact on Kids
Google’s Olympics-themed ad featuring Gemini AI faces criticism for undermining children’s writing skills. Learn why the commercial is causing a stir. Google’s recent advertisement for its Gemini AI, titled “Dear Sydney,” has ignited considerable controversy. The ad showcases a young female runner who wants to express her admiration for track
Meta Discontinues Celebrity AI Chatbots to Shift Focus to New AI Studio
Meta has ended its celebrity AI chatbots to prioritize AI Studio, a new tool for creating personalized AI characters. Learn more about this strategic shift! Meta has recently decided to shut down its celebrity AI chatbots, which were initially introduced as a major feature at its Connect event last September.
SurveyMonkey Unveils New CX Suite with AI-Enhanced Tools and Multichannel Feedback
Discover SurveyMonkey’s new CX suite featuring AI-powered surveys, multichannel feedback, and seamless integrations. Ideal for businesses of all sizes. Learn more! SurveyMonkey, renowned for its expertise in online surveys and feedback management, has just launched a new customer experience (CX) suite. This latest offering aims to enhance how businesses interact
Why Bridging the Knowledge Gap in AI Adoption is Crucial for Brands
Brands must address the knowledge gap in AI adoption to avoid failed initiatives and ensure successful implementation. With AI hype driving rapid adoption, understanding its potential and challenges is crucial for maximizing ROI and improving customer satisfaction. Artificial Intelligence (AI) has rapidly become a focal point for enterprises, promising significant
Canva Acquires Leonardo.AI to Elevate Its Generative AI Capabilities
Canva has acquired generative AI startup Leonardo.AI to enhance its creative toolset. The acquisition, valued beyond Leonardo.AI’s previous $80M funding, will integrate Leonardo’s advanced AI features into Canva’s platform, boosting its capabilities for image and video creation. Canva, the renowned graphic design platform, has made headlines with its latest acquisition
LinkedIn Settles Advertisers’ Lawsuit for $6.625 Million Over Alleged Ad Overcharges
LinkedIn has agreed to pay $6.625 million to settle a lawsuit alleging it inflated video ad metrics, leading to overcharges for advertisers. The settlement, which requires court approval, also involves hiring an outside auditor to review ad metrics for two years. Learn more about this case and its implications for