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☆ Threads reportedly sees 95 million posts and 70 million signups one day after launch
▼ + stars: | 2023-07-07 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThreads reportedly sees 95 million posts and 70 million signups one day after launchJoanna Stern, Wall Street Journal Personal Tech Columnist, joins 'Last Call' to discuss Meta's Threads successful first couple days.

Persons: Joanna Stern Organizations: Wall

☆ Threads is like joining Twitter all over again, just less lonely
▼ + stars: | 2023-07-07 | by ( Spriha Srivastava | ) www.businessinsider.com time to read: +2 min

Threads feels a lot like joining Twitter in its early days. A lot of its energy comes from people enjoying watching the downfall of Twitter. Threads feels like the early days of Twitter. MetaBut it differs from Threads in one important way: Early Twitter was also...kind of lonely. Like a lot of others on Threads right now, the new app harks bark to brighter days of early Twitter — hopefully the calm doesn't turn into chaos.

Persons: Hasan Chowdhury Organizations: Twitter Locations: Meta

It was also the top free app in Apple's App Store as of Thursday morning. It's built on top of Instagram and is automatically linked to a user's account on the photo-sharing app. Initially, users could only access the service through a roundabout way in the Instagram app. How to use ThreadsUsers are required to have an Instagram account in order to use Threads. Zoom In Icon Arrows pointing outwardsThreads appear in a scrolling feed, where users can like, reply, repost or quote other users' threads.

Persons: Emin Sansar, Mark Zuckerberg, Elon Musk, Jack Dorsey, It's Organizations: Anadolu Agency, Getty, Twitter

☆ Threads, Twitter and Mark Zuckerberg's long history of copycat apps and features
▼ + stars: | 2023-07-06 | by ( Nicolas Vega | ) www.cnbc.com time to read: +2 min

Zuckerberg's latest not-quite-innovation comes in the form of Threads, an Instagram-based Twitter competitor. Musk, meanwhile, replied with a laughing emoji to a Tweet saying that Threads was a straight copy-and-paste of Twitter. For every copycat product that Zuckerberg has rolled out over the years to great success, others have failed to gain traction. "Despite all the frustration," Ives says, "many people start their day with coffee, brushing their teeth and looking at Twitter." Here are some notable copycat apps and features rolled out under Zuckerberg's leadership.

Persons: Mark Zuckerberg, Elon Musk, Zuckerberg, hasn't, Dan Ives, Ives, it's Organizations: Facebook, News, Meta, Twitter, Wedbush Securities, Mastodon

☆ Meta's Threads app sees rapid growth with 10 million signups
▼ + stars: | 2023-07-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMeta's Threads app sees rapid growth with 10 million signupsCNBC's Julia Boorstin joins 'Squawk on the Street' to discuss Meta's latest app to compete with Twitter, the appetite for advertising on Threads, and the focus on Threads adoption over monetization.

Persons: Julia Boorstin Organizations: Twitter

☆ With Twitter in chaos, Mark Zuckerberg looks to pounce
▼ + stars: | 2023-07-05 | by ( Brian Fung | ) edition.cnn.com time to read: +7 min

Washington CNN —Mark Zuckerberg has tried for years to take on Twitter. Now he may finally have his best chance to deliver a knockout blow to the social network at a turbulent moment. On Friday, Twitter made tweets inaccessible to anyone who wasn’t logged in, reducing the reach of the platform’s content. For years, Twitter has been the go-to social platform for real-time news and commentary. The more Twitter users head for the exits, the more its alternatives benefit from network effects.

Persons: Washington CNN — Mark Zuckerberg, it’s, Jack Dorsey, Meta, —, — Twitter —, Elon, Musk, Zuckerberg, Twitter, Twitter’s, Linda Yaccarino, ” Yaccarino, Eugen Rochko Organizations: Washington CNN, Twitter, Meta, Facebook, — Twitter

☆ Elon Musk takes aim at Meta's new Threads app, saying 'thank goodness they're so sanely run' in response to data collection concerns
▼ + stars: | 2023-07-04 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Threads, Meta's app designed to compete with Twitter, has now appeared on the App Store. Meta's chief product officer previously said users were looking for a "sanely run" platform. Elon Musk fired that jibe back at Meta over its long list of users' data Threads will collect. Elon Musk returned a Meta executive's jibe back at the company as its Twitter competition app Threads, nears release. "Thank goodness they're so sanely run," Musk said of Meta this week, apparently sarcastically, in response to the news.

Persons: Elon Musk, We've, Musk, Mario Nawfal —, Jack Dorsey, Meta, Twitter, Dorsey, Insider's Kali Hays, Linda Yaccarino, It's, Dalai Organizations: Twitter, Meta, Oprah

☆ Costco is taking a page out of Netflix's playbook and cracking down on shared membership cards. Wall Street is thrilled.
▼ + stars: | 2023-06-29 | by ( Matthew Fox | ) www.businessinsider.com time to read: +4 min

Costco is cracking down on shoppers that borrow a friend of family's membership card at checkout. Netflix stock has jumped more than 20% since its password sharing crackdown began in the US in late-May. "Our membership policy states that our membership cards are not transferable and since expanding our self-service checkout, we've noticed that non-member shoppers have been using membership cards that do not belong to them," Costco said in a statement. This strategic move allows Costco to increase its membership revenue without necessarily raising its annual membership fee," Sundaram said. So far, Wall Street is receptive of Costco's recent crackdown, with the stock up about 2% since the policy crackdown was revealed on Tuesday.

Persons: —, Costco, Arun Sundaram, Sundaram Organizations: Costco, Netflix, Service, Research

☆ Costco is more like Netflix than Walmart — and it's key to how the company stays profitable
▼ + stars: | 2023-06-28 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +4 min

Although it's the third-largest retailer in the world, most of its profit comes from membership fees. The recent news shows how wholesale clubs like Costco have more in common with Netflix than Walmart. Although Costco is the third-largest retailer in the world, its reliance on membership fees means it's in some ways more like Netflix than Walmart. Other operating costs, like payroll and utilities, mean the company retained less than $3.5 billion from its top-line sales last year. High costs have led Costco, Netflix to crack downFor years now, both Costco and Netflix have been content to look the other way as paying members shared passwords and ID cards in violation of their respective policies.

Persons: — Organizations: Costco, Netflix, Walmart, Service, Sam's

☆ Legacy media companies enter dark times as failures mount and Netflix rises again
▼ + stars: | 2023-06-25 | by ( Alex Sherman | ) www.cnbc.com time to read: +4 min

Stock Chart Icon Stock chart icon Netflix vs the S&P 500 over the past five months. Stock Chart Icon Stock chart icon Disney vs. the S&P 500 over the past five months. Stock Chart Icon Stock chart icon Warner Bros. Stock Chart Icon Stock chart icon Paramount Global vs the S&P 500 over the past five months. Stock Chart Icon Stock chart icon Comcast vs the S&P 500 over the past five months.

Persons: Bob Iger, David Zaslav, Bob Bakish, Wells Fargo, Warren Buffett, It's, dethroning, Donald Trump's, Mario, Zaslav, Greenfield, there's, There's, Simon & Schuster, Mark Read Organizations: Walt Disney Company, Warner Bros, Paramount Global, Getty, Companies, Netflix, Disney, Warner Bros . Discovery, Paramount, CNBC, Fox Corp, Comcast, MSNBC, dethroning Fox, Mario Bros, Boston University, Hollywood, Activision, Simon &, WPP, Cannes Lions Locations: Cannes, France

☆ A new book reveals how Amazon used 'shady' strategies at its bookstores to drive up Prime subscriptions
▼ + stars: | 2023-06-23 | by ( Jason Del Rey | ) www.businessinsider.com time to read: +9 min

The following excerpt reveals how Amazon attempted to utilize its physical bookstores to bolster Amazon Prime and its other digital subscription services — in sometimes unethical ways. Among them were bookstores, under the name Amazon Books, which first opened to the public in 2015. Prior to the pandemic, store customers could view one of the free trial offers on a screen in front of them. Amazon spokesperson Jordan Deagle told me that there was no corporate mandate to increase sign-ups for free trials of Amazon subscriptions. The e-commerce giant just couldn't break away from its digital DNA, even in a physical store setting.

Persons: Jason Del Rey, Amazon's, Chris Garlock, Garlock, Jordan Deagle, Deagle, Tony Hoggett, Insider's Eugene Kim Organizations: Walmart, Morning, Amazon, Amazon Prime, East Coast, Amazon Books, Tesco, Harper Business, HarperCollins Publishers, Federal Trade Commission, FTC

☆ He was employee No. 8 at Stripe. Now, he's taking on Salesforce and AWS with $50 million in new funding for his startup Render. Here's the pitch deck it used.
▼ + stars: | 2023-06-20 | by ( Melia Russell | ) www.businessinsider.com time to read: +3 min

That led to Render, a cloud provider that has now raised $50 million in Series B funding. That's the idea behind Render, a tech startup that makes a modern cloud to build and run apps and websites. RenderBefore Render, Goel got hired as the eighth employee of a then-unknown tech startup called Stripe. It serves more than half a million developers, an increase from just under 100,000 developers in July of 2022, Goel said. The latest funding will allow Render to hire its first chief of marketing and expand its engineering team.

Persons: Anurag Goel, Elliott Robinson, Mary D'Onofrio, Catalyst, Goel, Salesforce, It's, They've Organizations: Investors, Bessemer Venture Partners, Fund, Web Services, Microsoft, Google, Developers

☆ Amazon has a plan to expand the number of items eligible for free Prime shipping that won't require it to build more warehouses
▼ + stars: | 2023-06-15 | by ( Eugene Kim | ) www.businessinsider.com time to read: +4 min

Amazon is reopening enrollment for a program it paused years ago. Seller Fulfilled Prime allows third-party sellers to ship Prime-eligible products directly, without using Amazon's warehouses. This may help Amazon expand Prime offerings without having to significantly expand warehouses. Amazon is reopening sign-ups for Seller Fulfilled Prime (SFP), a delivery program that allows third-party sellers to ship Prime-eligible products out of their own warehouses, after a roughly 4-year pause. In a note to sellers earlier this week, Amazon said new seller enrollment for SFP will begin later this year.

Persons: Amazon, Amazon's, SFP, Sellers, Steve Denton, Denton, Marc Wulfraat, Eugene Kim Organizations: SFP, Amazon, UPS

☆ Netflix subscriptions rise as password-sharing crackdown takes effect
▼ + stars: | 2023-06-09 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +3 min

The Netflix crackdown on password sharing is in its early days in the U.S., but it appears to be having the effect the streamer was looking for – a boost to its subscriber base. In 2022, Netflix began to see subscriber growth stagnate, and, like other media companies, it began homing in on ways to make boost revenue. In addition to cracking down on password sharing, Netflix also introduced a cheaper, ad-supported tier. Netflix began rolling out password-sharing guidance in international markets earlier this year. It had delayed its crackdown on password sharing in the U.S. from the first quarter to the second quarter.

Organizations: Netflix Locations: Krakow, Poland, U.S, lockdowns

☆ The US Army's Green Berets have struggled to bring enough recruits into their elite ranks, data shows
▼ + stars: | 2023-06-08 | by ( Steve Beynon | ) www.businessinsider.com time to read: +8 min

Army Special Forces has struggled to bring in new talent since before the pandemic, recruiting data shows. These elite troops, known as Green Berets, are the military's go-to force for guerrilla warfare. But the service's Special Forces has been struggling to bring in new talent since before the pandemic, recruiting data shows. It exceeded its goals that year with 1,358 new Special Forces contracts, but dropped again with 779 recruits in 2022. So far this year, 527 new applicants have signed on to try for the Green Berets.

Persons: —, Jon Braga, Military.com, we've, Braga, you'll, Camp, Katherine Kuzminski, Militarry.com, Z, Kuzminski, It's Organizations: Special Forces, Green Berets, Service, Army, Forces, Green Beret, Military.com, Green, U.S . Army, Operations Command, U.S . Army CH, Southern Strike, Center, New, New American Security, Special Forces Groups, 75th Ranger Regiment, Defense Department, Navy, National Guard Locations: America, Camp Shelby , Mississippi, Afghanistan, New American

☆ Buy Buy Baby draws sale interest in Bed Bath & Beyond bankruptcy, one bidder looks to save stores
▼ + stars: | 2023-06-02 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +7 min

A Buy Buy Baby store in the Brooklyn borough of New York, US, on Monday, Feb. 6, 2023. That's where Buy Buy Baby – and its long-held name recognition – would come in. "We have tremendous trust with new and expecting parents but Buy Buy Baby is much better known with kind of that older generation," she said. The crown jewel of Bed Bath & BeyondThis is not the first time Buy Buy Baby has seen sale interest. Buy Buy Baby has remained a bright spot in Bed Bath & Beyond's otherwise dismal earnings reports in recent years.

Persons: Stephanie Keith, Natalie Gordon, It's, Gordon, Babylist, it's, –, Ryan Cohen, Chewy, Cohen Organizations: Bloomberg, Getty, Bed, CNBC, Capital Advisors, GameStop, & $ Locations: Brooklyn, New York, Bed Bath, Beverly Hills , California, Bath

☆ Here's the 25-page pitch deck a fintech helping Gen-Z shoppers get the best deals online used to attract investors like Paris Hilton, The Chainsmokers, and GV to back its $15 million Series A
▼ + stars: | 2023-05-30 | by ( Paige Hagy | ) www.businessinsider.com time to read: +5 min

The startup scrapes users' emails for discounts and promotions, applying them at the point of sale. Checkmate is a savings app and web browser extension for Gen-Z online shoppers that pushes promotions and deals to the user at the right time. Checkmate utilizes machine learning and language processors to scrape users' emails for promotions and discounts from their favorite brands. Pall introduced Checkmate to other potential celebrity investors, including Paris Hilton, who participated in the Series A. Check out the 25-page deck Checkmate used to raise its $15 million Series A.

☆ MoviePass is back with subscriptions nationwide, starting at $10 a month
▼ + stars: | 2023-05-26 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +3 min

It's offering four monthly subscriptions, starting at $10 to watch one to three movies per month. MoviePass previously offered a $9.95 monthly plan for unlimited movies before its parent company filed for bankruptcy in 2020. The standard plan costs $10 a month and lets you see one to three movies a month. With the basic plan, which MoviePass says is a best seller, you can see three to seven movies for $20 a month. The premium plan costs $30 per month for 5-11 movies.

☆ The first 5 steps that helped me become a 6-figure content creator after being fired from my tech job
▼ + stars: | 2023-05-19 | by ( Zulie Rane | ) www.businessinsider.com time to read: +8 min

Since starting my journey as a content creator in 2018 after getting fired from my tech job, I've made over six-figures doing what I love. A content plan is going to be the skeleton of your content creator income. Post this call-to-action at the end of all the content you post, with a hyperlink to your mailing list. Roundup : A list of all the content you created this week, an easy way to keep fans up to date. : A list of all the content you created this week, an easy way to keep fans up to date.

☆ LinkedIn layoffs: Company to cut 716 jobs, exit China app InCareer amid 'challenging' economic climate
▼ + stars: | 2023-05-09 | by ( Laura He | ) edition.cnn.com time to read: +3 min

Hong Kong CNN —LinkedIn, the world’s largest social media platform for professionals, is cutting 716 positions and shutting down its jobs app in mainland China, the California-based company announced. Ng Han Guan/APAs part of the move, LinkedIn will phase out InCareer, its app for mainland China, by August 9. LinkedIn is the last major Western social media app still operating in mainland China. Maimai was launched in 2013 and dubbed the Chinese version of LinkedIn. “We’re also facing a significantly more challenging operating environment and greater compliance requirements in China.”

☆ Chegg crashes 49% after the education company says the rise of ChatGPT among students is impacting customer growth
▼ + stars: | 2023-05-02 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

Chegg stock crashed 49% on Tuesday after the education company said students are increasingly using ChatGPT for homework help. First-quarter earnings beat analyst estimates, but that wasn't enough to stem fears that ChatGPT is a serious threat to Chegg. The education company sells subscription memberships to an online portal that helps students study for tests and complete homework. First-quarter earnings beat analyst estimates as Chegg saw little impact on its business from ChatGPT early in the quarter. We now believe it's having an impact on our new customer growth," Chegg CEO Dan Rosensweig said on the company's earnings call.

☆ The viral new ‘Drake’ and ‘Weeknd’ song is not what it seems
▼ + stars: | 2023-04-19 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +9 min

CNN —One of the buzziest songs recently circulating on TikTok and climbing the Spotify charts featured the familiar voices of best-selling artists Drake and the Weeknd. But there’s a twist: Drake and the Weeknd appear to have had nothing to do with it. The viral track, “Heart on my Sleeve,” comes from an anonymous TikTok user named Ghostwriter977, who claims to have used artificial intelligence to generate the voices of Drake and the Weeknd for the track. The original TikTok video has seemingly been taken down, and the song has since been removed from streaming services including YouTube, Apple Music and Spotify. Taryn Southern’s debut song “Break Free,” which was composed and produced with AI, hit the Top 100 radio charts back in 2018, and VAVA, an AI music artist (i.e.

☆ How your business can leverage email marketing for closer customer relationships
▼ + stars: | 2023-03-31 | by ( Sponsor Post | Created Insider Studios With Mailchimp | ) www.businessinsider.com time to read: +6 min

In pursuit of this goal, email marketing can be a valuable and lucrative tool for these companies to leverage. Email marketing can be an effective and lucrative marketing channel for many businesses, with a remarkable return on investment of $43.60 for every dollar spent, according to the Data & Marketing Association. Leverage an email marketing strategy that is content-infusedMany middle-market companies have established an active content strategy, but what some overlook is creating an email marketing strategy to boost that content. A good email strategy allows you to address your business goals with potential campaigns, timing, audience demographics, and promotional tactics to get more signups. The bottom line: Email marketing is a powerful marketing channel and should be a key component of any mid-market business's marketing strategy.

☆ Newsletters are helping these companies save money and bring a personal touch into their marketing strategies
▼ + stars: | 2023-03-31 | by ( Erica Sweeney | ) www.businessinsider.com time to read: +8 min

Small-business owners say email marketing is one of the most cost-effective ways to reach an audience. These growing companies share how they saved money and were able to make more personal connections through email marketing. According to eMarketer, 67% of marketing professionals are investing in email marketing, and 48% of millennial consumers prefer to receive deals from brands via email. It gives businesses a direct pipeline to their audienceCollecting customer information is one of the most valuable aspects of email marketing, McNair said. "If you're not doing email marketing, you're leaving really important money on the table."

☆ The former CEO of Aetna shares how he plans to turn around the struggling health insurer Oscar
▼ + stars: | 2023-03-30 | by ( ) www.businessinsider.com time to read: +6 min

Oscar Health struggled to upend the entrenched health insurance industry. Oscar Health has been trying and struggling to upend the US health-insurance industry and the entrenched giants that dominate it for the past 10 years. Oscar Health incoming CEO Mark Bertolini Bridgewater AssociatesLast year, Oscar lost a $60 million contract with its first client, Health First Health Plans. Bertolini wants Oscar to disrupt health-insurance giantsMario Schlosser, founding CEO of Oscar Health Eduardo Munoz/ReutersDespite losing the Health First deal, Bertolini is betting that Oscar will disrupt the insurance industry through partnerships. Oscar has developed health plans with health systems in the past.

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