Meta is Launching a New Stand-Alone App Called Codenamed P92

$10 B           

Microsoft is enhancing its (CRM) solutions with generative artificial intelligence. A new feature called Copilot is currently in the testing phase which works with OpenAI, the company has invested about $10 billion at the start of the year. 

P92    

Meta is planning to launch a new decentralized text-based social network stand-alone app called codenamed P92 that could compete with Elon Musk’s Twitter. The plan is to attract some Twitter users who are looking for alternatives.  

18%  

From the latest earning report, Oracle sales have been pulled up by 18% YOY to $12.40 billion. Its operating income was $3.3 billion during the quarter, which is 18% decrease from the $2.3 billion. 

8%       

Recently we have seen many layoffs, job cuts and now Sirius XM has announced the company is planning to reduce its headcount by 8% or 475 roles. This is due to reduce costs and focus on profitability.  

57%     

Gender in Advertising 2023 Report from CreativeX stated that in advertisements about 57% of the characters were played by women while 43% were men from 2021 to 2022. In 2022, 46% of women were cast more often in domestic roles and 3.6% more often in family settings. The results suggest gender representation in advertising shifted last year, with women. 

$228 B  

Samsung Electronics announced that the company is planning to launch a new semiconductor cluster in South Korea and which will the largest in the world. They invested about 300 trillion Korean won ($228 billion).  

5M

Apple is going to launch a standalone app called Apple Music Classical on March 28 and will boast five million unique tracks. This service will be available for the existing Apple Music subscribers at no added cost.