Lemon8 Owned by ByteDance is Soaring in the US

0.5%             

The Labor Department stated that producer-price index (PPI) dropped to 0.5% compared to the previous month, which is the highest drop since April 2020. PPI has pulled up by 4.9% in February, from a year earlier.   

17.3 M     

Lemon8 which is owned by the TikTok owner ByteDance is soaring in the US as it is acquiring 64,000 US downloads per day. As per Apptopia, Lemon8 is closer to 1 million downloads by April 10. Globally its downloads hit 17.3 million and 4.1 million took place in 2023. 

10,000  

As we all know Twitter has launched a new paid service called Twitter Blue Customers, so for its customers it has launched a new feature that allows customers to tweet up to 10,000 characters in messages that will support bold and italic formatting. 

115.1 M      

As per eMarketers predictions, connected TV (CTV) will hit 115.1 million by 2024 which is double the figure of traditional pay TV 56.6 million. This clearly shows that now CTV has a greater share of households than that pay TV. 

$3 B    

As per the latest news, Samsung wants to switch its default search engine from Google to Microsoft’s Bing on its smartphones. As Samsung and Google’s deal needs to be renewed soon, and this deal is estimated to be $3 billion in revenue to Google.    

5%  

The consumer-price index has been increased to 5% which is the lowest level for two years. As per the Labor Department, last month there is a bit lower prices for groceries, gasoline, medical care, utilities and higher prices for shelter, airline fares, vehicle insurance. 

1%  

The Commerce Department announced that retail sales dropped to 1%, as the US consumers cut their retail spending for the second straight month in March. As the consumer reduced the spending on purchases of items such as furniture, vehicles and appliances due to higher interest rates.