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☆ Facebook's ad rebound gives Meta CEO Mark Zuckerberg freedom to pursue far-out bets
▼ + stars: | 2023-07-26 | by ( Jonathan Vanian | ) www.cnbc.com time to read: +4 min

While Snap's revenue dropped 4% in the second quarter, Meta is solidly growing again, driven by Facebook's ad business. Neither Zuckerberg nor Spiegel have plans to cut back on spending money on experimental projects. Meta is burning billions of dollars a quarter on the futuristic metaverse , and Snap is pouring cash into augmented reality products and services. Meta CEO Mark Zuckerberg is once again a fan favorite on Wall Street. And while Meta has seemingly fixed most of its ad problems, Snap is still struggling.

Persons: Mark Zuckerberg, Zuckerberg, Spiegel, Evan Spiegel, Susan Li, Li, —, Snap's, Meta, James Cordwell, Cordwell Organizations: Meta, Labs, Apple, Google, Facebook, Atlantic Locations: San Jose , California, U.S, Ukraine

The New York Times Audio app is home to journalism and storytelling, and provides news, depth and serendipity. If you haven’t already, download it here — available to Times news subscribers on iOS — and sign up for our weekly newsletter. The Headlines brings you the biggest stories of the day from the Times journalists who are covering them, all in about 10 minutes. Hosted by Annie Correal, the new morning show features three top stories from reporters across the newsroom and around the world, so you always have a sense of what’s happening, even if you only have a few minutes to spare.

Persons: Annie Correal Organizations: New York Times, Times

☆ Meta to report second-quarter earnings after the bell
▼ + stars: | 2023-07-26 | by ( Jonathan Vanian | ) www.cnbc.com time to read: +3 min

Meta will report second-quarter earnings after market close on Wednesday. Here are the key numbers to watch:Earnings: $2.91 per share expected, according to Refinitiv$2.91 per share expected, according to Refinitiv Revenue: $31.12 billion expected, according to Refinitiv$31.12 billion expected, according to Refinitiv Daily Active Users (DAUs): 2.04 billion expected, according to StreetAccount. 2.04 billion expected, according to StreetAccount. Monthly Active Users (MAUs): 3 billion expected, according to StreetAccount. 3 billion expected, according to StreetAccount.

Persons: Mark Zuckerberg, Meta, Mark, Meta's, William Blair, Brad Erickson Organizations: Meta, Inc, Refinitiv Revenue, RBC Capital Markets, CNBC, Company Locations: San Jose , California, Ukraine

☆ OpenAI's ChatGPT app now available for Android
▼ + stars: | 2023-07-25 | by ( Hayden Field | ) www.cnbc.com time to read: +1 min

OpenAI, the buzzy AI startup backed by Microsoft , debuted the Android version of its ChatGPT app on Tuesday. The app's rollout follows the iOS app's debut in May, which marked the first time it was available outside of OpenAI's website. The Android app is available in the U.S., India, Bangladesh and Brazil. The news comes as the AI arms race heats up among chatbot leaders such as OpenAI, Microsoft , Google and Anthropic. In an effort to encourage consumers to adopt generative AI into their daily routines, tech giants are racing to launch not only new chatbot apps, but also new features, such as visual search.

Persons: it's, OpenAI, Andreessen Horowitz Organizations: Microsoft, Google, Sequoia Capital Locations: OpenAI's, U.S, India, Bangladesh, Brazil

☆ TikTok takes on Spotify, Apple Music as it expands into music streaming
▼ + stars: | 2023-07-25 | by ( Sheila Chiang | ) www.cnbc.com time to read: +3 min

Some market shareThe music streaming market is currently dominated by Swedish giant Spotify and Apple Music. Spotify commands almost 31% of the global streaming market with Apple Music following with 13.7%, according to the International Music Summit Business Report 2023. But Cirisano said that heavy TikTok users could convert into TikTok Music users if they are using other services such as Spotify. Still, Woo of Phillip Securities Research said TikTok Music presents a "low risk" for Spotify and Apple Music. Spotify and Apple Music did not respond to CNBC's requests for comment.

Persons: TikTok, Tolga Akmen, Jonathan Woo, Ole Obermann, Tatiana Cirisano, Cirisano, Woo Organizations: Afp, Getty, Spotify, Apple Music, Phillip Securities Research, YouTube, MIDiA Research, CNBC, MiDIA, Apple, International Music Summit, TikTok Locations: TikTok, Indonesia, Brazil, U.S, Australia, Canada, Germany, France, Sweden, South Korea, Swedish

Persons: Annie Correal Organizations: New York Times, Times

☆ ChatGPT now on Android in some countries including US
▼ + stars: | 2023-07-25 | by ( ) www.reuters.com time to read: +1 min

July 25 (Reuters) - ChatGPT is now available for Android users in the United States, India, Bangladesh and Brazil, the viral chatbot's owner OpenAI said on Tuesday, as it looks to take advantage of the popularity of the artificial intelligence tool. As AI becomes widely used in tasks such as content writing to coding, San Francisco-based OpenAI announced ChatGPT for Android last week to further expand its user base. ChatGPT, which was launched by the Sam Altman-led company in November last year, has been available on Apple's (AAPL.O) iOS platform since May. The viral success of ChatGPT has triggered a wave of enthusiasm in AI, prompting companies such as Microsoft (MSFT.O) and Google-parent Alphabet (GOOGL.O) to pour billions of dollars into the technology. OpenAI said it would expand the rollout on Android to additional countries over the next week.

Persons: OpenAI, Sam Altman, ChatGPT, Jaspreet Singh, Anil D'Silva Organizations: Android, Microsoft, Google, Thomson Locations: United States, India, Bangladesh, Brazil, Francisco, Bengaluru

Persons: Annie Correal Organizations: New York Times, Times

☆ Earnings playbook: Alphabet and General Motors lead off a busy week of reports
▼ + stars: | 2023-07-23 | by ( Fred Imbert | ) www.cnbc.com time to read: +12 min

Tuesday General Motors is set to report earnings before the bell, followed by a call at 8:30 a.m. What history shows: GM earnings beat earnings expectations 86% of the time, according to Bespoke. Alphabet is set to report earnings after the bell, with management slated to hold a call at 5 p.m. This quarter: Earnings for the tech giant are expected to have grown by 10% from the year-earlier period, per Refinitiv. What history shows: Bespoke data shows Alphabet earnings beat expectations 68% of the time, and the stock rises more than 1% on earnings day.

Persons: Michael Wayland, GM's EVs, GOOGL, Jennifer Elias, Goldman Sachs, Kash Rangan, Rangan, Peter Grom, Leslie Josephs, Max, Wells, Zachary Fadem, Jonathan Vanian, Meta, Refinitiv, Jefferies, Andy Barish, LUV, — CNBC's Michael Bloom Organizations: General Motors, Microsoft, Refinitiv, CNBC, company's, Silverado, United Auto Workers union, Investors, Management, PepsiCo, UBS, Boeing, Corporate, Twitter, Meta, Southwest Airlines, U.S, Southwest Locations: U.S, FactSet

☆ 'Android's now better than iOS': Instagram boss weighs in on the age-old iPhone vs. Android debate
▼ + stars: | 2023-07-23 | by ( Haley Tenore | ) www.businessinsider.com time to read: +3 min

Instagram head Adam Mosseri said Android is "now better" than Apple's iOS. Which is better: iPhone or Android? "Android's now better than iOS," Mosseri posted on Threads in response to tech YouTuber Marques Brownlee, aka MKBHD, who had asked for people's best tech "hot takes." Both Android and iOS have been wildly successful since the introduction of the first iPhone and Android phones in 2007 and 2008, respectively. As of the first quarter of 2023, Apple held an estimated 52% US smartphone market share, with Samsung the runner-up with a 27% share.

Persons: Adam Mosseri, YouTuber Marques Brownlee, reigniting, Android's, Mosseri, Marques Brownlee, MKBHD, Apple hasn't, Sameer Samat Organizations: Android, Morning, iOS, Meta, Counterpoint Research, Apple, Samsung, Google, Lenovo

☆ Listen to This American Life: House on Loon Lake
▼ + stars: | 2023-07-22 | by ( New York Times Audio | ) www.nytimes.com time to read: 1 min

The New York Times Audio app is home to journalism and storytelling and provides news, depth and serendipity. If you haven’t already, download the app here and sign up for our weekly newsletter. Our new audio app includes “This American Life,” the award-winning program hosted by Ira Glass. The app includes a “Best of ‘This American Life’” section with some of our favorite bite-size clips, so you can enjoy the show even if you don’t have a lot of time. Image Credit... Adam Beckman/This American LifeOn This Week’s Episode:The true story of an abandoned house, discovered by a young boy in the 1970s, and the mysterious family who disappeared without a trace.

Persons: Ira Glass, Adam Beckman Organizations: New York Times Locations: Freedom

Persons: Annie Correal Organizations: New York Times, Times

Persons: Annie Correal Organizations: New York Times, Times

☆ Shein and Temu are slapping each other with lawsuits as their epic battle for Gen Zers heats up
▼ + stars: | 2023-07-19 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +4 min

Shein alleged Temu infringed on its trademark and Temu alleged Shein violated antitrust laws. Now Temu is fighting back with its own lawsuit against Shein, filed last week. In Shein's lawsuit against Temu, the company alleged that Temu attempted a deliberate scheme to impersonate the Shein brand by creating fraudulent Twitter accounts. Shein also alleged that Temu contracted influencers to make disparaging comments about Shein. In Temu's lawsuit against Shein, the company alleged that Shein forced clothing manufacturers to sign agreements not to work for its rival.

Persons: Shein, Temu, Gen, they've, influencers Organizations: Service, Twitter, Reuters, Wall Street Journal, Bloomberg, Temu, Shein Locations: Wall, Silicon, Chinese, Singapore, China, Shein, Temu

☆ Shein and Temu’s battle for US bargain shoppers is getting nasty
▼ + stars: | 2023-07-19 | by ( Michelle Toh | ) edition.cnn.com time to read: +6 min

Hong Kong CNN —Temu has sued Shein in the United States, accusing its rival of violating antitrust laws by trying to monopolize suppliers and engaging in other allegedly illegal behavior. It follows another complaint from Shein, which sued Temu in December for allegedly mobilizing social media influencers to disparage Shein online. Shein has also “forced” exclusivity deals on clothing manufacturers to prevent them from working with Temu, the complaint states. A new ‘war’In its lawsuit filed last week, Temu claimed its recent entry into the United States had rattled Shein. It claimed that Temu had required them to make statements such as: “Shein is not the only cheap option for clothing!

Persons: Hong Kong CNN — Temu, Shein, Temu, Tomas Stevens, ”, Michael Felice, ” Temu, influencers, “, Shein “, Felice Organizations: Hong Kong CNN, Temu, Consumers, AP, PDD, CNN Locations: Hong Kong, United States, Massachusetts, Shein, Paris, China, Zara, Illinois

☆ Threads now has ‘tens of millions’ of daily users. But its honeymoon phase may be over
▼ + stars: | 2023-07-19 | by ( Clare Duffy | ) edition.cnn.com time to read: +5 min

After surpassing 100 million user sign-ups in less than a week, user engagement on Threads has slowed. Threads daily active users fell from 49 million on July 7, two days after its launch, to 23.6 million users last Friday, according to a report published this week by web traffic analysis firm Similarweb. “I’m very optimistic about how the Threads community is coming together,” Meta CEO Mark Zuckerberg said in a post on the platform Monday. “We’re clearly way out over our skis on this,” Mosseri said in a Threads post the week of the app’s launch. Threads could be a way for Meta to eke additional engagement time out of its massive existing user base.

Persons: It’s, “, Mark Zuckerberg, who’s, Adam Mosseri, ” Mosseri, Mosseri, ” Meta, Elon Musk, ”, Ali Mogharabi, Musk, Scott Kessler, ” Kessler Organizations: New, New York CNN, Meta, Twitter, ”, ” Morningstar Locations: New York

Persons: Annie Correal Organizations: New York Times, Times

☆ Apple Maps has actually gotten good — and some people are even choosing it over Google Maps
▼ + stars: | 2023-07-19 | by ( Aaron Mok | ) www.businessinsider.com time to read: +4 min

Some users told the Journal they prefer Apple Maps over Google Maps for its design and usability. Rabinowitz mow finds that Apple Maps offers public transit directions that are faster and more creative than those from Google Maps, the Journal reported. Apple Maps, he said, also takes into consideration commuting disruptions like subway outages better than its competitor does. She has since begun choosing it over from Google Maps, as she says Apple Maps has a more clear and legible display. Google Maps, he said, might be better for those who want to use their personal data to inform what information gets displayed.

Persons: Tim Cook, Jason Rabinowitz, Rabinowitz mow, Rabinowitz, Jane Natoli, Tom Pritchard Organizations: Apple, Street Journal, Google Locations: New York

☆ Meta rolls out first feature update to Threads since launch earlier this month
▼ + stars: | 2023-07-18 | by ( Jonathan Vanian | ) www.cnbc.com time to read: +1 min

Instagram Threads, the Twitter clone that Meta launched two weeks ago, is being updated to include new features, including a follows tab. Cameron Roth, a software engineer for Instagram, shared a Threads post on Tuesday, announcing additions to the app as part of an update to Apple's iOS. Roth said that the iOS update includes some software bug fixes and loading improvements. In a separate Threads post on Tuesday, Roth said regarding the update that users "may need to restart your app to see some of these or otherwise wait until the end of the day!" WATCH: Threads is the perfect situation at the perfect time for Meta

Persons: Meta, Cameron Roth, Roth, Elon Musk, Linda Yaccarino Organizations: Meta, Twitter, CNBC

☆ U.S. blacklists two firms that built Meta, iOS and Android spyware
▼ + stars: | 2023-07-18 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +3 min

The Commerce Department blacklisted two European cyber firms that build spyware software, the Commerce Department announced Tuesday, including technology hawked by both firms that was used to surveil Meta users and reportedly at least one Meta employee. The software exploited vulnerabilities in Android and iOS software and deployed hundreds of spoof Meta accounts to surveil activists, politicians and journalists around the world. Meta in December 2021 warned thousands of Facebook users that they'd been targeted by spyware-for-hire software, including Predator. The New York Times reported extensively on Intellexa's Predator product, and the company's efforts to sell it to a Ukrainian intelligence agency. Intellexa's Predator was also used by Greek intelligence to spy on a Meta trust and safety employee, the Times reported.

Persons: Gina Raimondo, —, Cytrox —, they'd, Tal Dilian, Intellexa, Biden, Trump Organizations: Commerce, The Commerce Department, Commerce Department, Industry, Security, Citizen Lab, Export, Meta, Facebook, Israel Defense Forces, The New York Times, Times, Huawei Locations: Davos, Switzerland, Greece, Ireland, Hungary, North Macedonia, Ukrainian

Persons: Annie Correal Organizations: New York Times, Times

☆ This is one of the best new features coming to your iPhone this fall
▼ + stars: | 2023-07-18 | by ( Todd Haselton | ) www.cnbc.com time to read: +2 min

In this article AAPL Follow your favorite stocks CREATE FREE ACCOUNTStandBy Mode in iOS 17 Todd Haselton | CNBCApple' s big iOS 17 iPhone update will launch this fall. It will work on all phones that will get the iOS 17 update, which means the 2018 iPhone XR and iPhone XS and newer. StandBy Mode in iOS 17 Todd Haselton | CNBCStandBy mode can do all sorts of things. StandBy Mode in iOS 17 Todd Haselton | CNBCYou don't have to worry about a bright screen keeping you up, either. How to set up StandBy mode in iOS 17How to set up StandBy Mode in iOS 17 Todd Haselton | CNBC

Persons: Todd Haselton, I've, Siri, Miles Davis, Apple, Anker Organizations: CNBC Apple, CNBC, Apple, Apple Watch

☆ You may have downloaded the wrong Threads. A four-year-old app with the same name has seen a surge in popularity since Instagram launched its Twitter clone.
▼ + stars: | 2023-07-18 | by ( Gabriel Rivera | ) www.businessinsider.com time to read: +3 min

Earlier this month, Meta launched its Twitter-like app Threads, which already has over 100 million users. The "other" Threads has added disclaimers to its website and on the App Store. If you accidentally downloaded the wrong Threads app, you're not alone. Meta launched its wannabe "Twitter Killer" app, which it calls Threads, earlier this month, prompting millions of people to rush to the App Store. But it's not the only app that's growing: Some people appear to have downloaded the wrong Threads app.

Persons: Mark Zuckerberg, Adam Mosseri, it's, Threads.com, haven't, Rousseau Kazi, he's, Meta, Kazi, Zuckerberg, Mosseri Organizations: Meta, TechCrunch, Google, Big Tech, Elon, Facebook Locations: Data.ai, Spain, Italy, Germany

Persons: Annie Correal Organizations: New York Times, Times

☆ Russia moves to ban iPhones for government officials after claiming they were hacked by the US
▼ + stars: | 2023-07-16 | by ( Charles R. Davis | ) www.businessinsider.com time to read: +2 min

Russian government ministries are beginning to ban officials from using Apple iPhones. Russia's trade ministry will impose a ban starting Monday, the Financial Times reported. Beginning July 17, employees at Russia's trade ministry will no longer be allowed to use iPhones on the job, the Financial Times reported. In March, the Kremlin told officials to stop using Apple products, citing fears they were vulnerable to US hacking. Following the Russian claims, Apple announced patches to its iOS software, crediting researchers at the Moscow-based Kaspersky Lab with identifying vulnerabilities.

Persons: Apple Organizations: Apple, Financial Times, Service, Kremlin, iOS, Washington Post, Federal Security Service Locations: Russia, Wall, Silicon, Moscow, Ukraine

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