Microsoft has Released the Android Version of its ChatGPT App

40%  

As per TechCrunch, instead of searching on Google Maps to find a place to have lunch 40% of young people turned to TikTok or Instagram. TikTok with 43%, YouTube 42% and Instagram 36% has stood as the top platforms for Gen Z for social search.

1

As per eMarketers forecast, in just five days, 100 million users have signed up for Threads compared with Twitter’s 364 million. It clearly states that only 1 in 4 Instagram users need to use Threads monthly it to reach Twitter’s size, so Meta needs to be innovated to keep these users around. 

35%  

After a one-year countdown now Google is rolling out its first step of cookies with Privacy Sandbox APIs. Firstly, this will be enabled for about 35% of Chrome users, rising to 60% in August and 99% before the end of the year. Competative browsers like Firefox and Safari have already eliminated third-party cookies. 

5 M  

The latest Netflix earnings report stated that its revenue grew nearly 3% in Q2 2023 to $8.2 billion and paid subscriptions increased by 5.9 million. Netflix has removed its cheapest ad-free content plan in the US and UK. The standard and premium plans with ad-free content charges from $15.49 and $19.99. 

$2 

Spotify announced that the company is going to rise its premium subscription services in the U.S to $2 which is a 20% increase for some plans. The Premium now costs $10.99, up from $9.99, Premium Duo plan for $14.99, up from $12.99, Premium Family plan is now priced at $16.99, up from $15.99, and the Student offering costs $5.99, up from $4.99. 

4%

Snapchat sales has seen dropped for the second time in a row. The company has experienced an overall sale decrease in the Q2 by 4% from the $1.11 billion. The company has seen a loss of $377 million in the Q2, which was minor when compared the prior year but its sixth consecutive loss. 

$10 B 

OpenAI startup backed by Microsoft has released the Android version of its ChatGPT app and now it is available for download by users in the U.S., India, Bangladesh, Brazil. The users can ask the chatbot for instant answers to questions or advice, creative inspiration, summaries, etc.