Amazon stock surges strong earnings fuelled AI-driven cloud growth
Amazon's quarterly report beats projections, boosted by AI interest. Revenue and net income soar, but revenue outlook disappoints. Advertising revenue spikes.
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Amazon's quarterly report beats projections, boosted by AI interest. Revenue and net income soar, but revenue outlook disappoints. Advertising revenue spikes.
Reddit discloses IPO details, aiming for $6.4 billion valuation with plans to offer shares to Redditors. Market debut expected later this month.
Snap Inc stock plummets after disappointing Q4 revenue due in part to Israel-Hamas conflict, weak future guidance, and planned layoffs.
Meta, the parent company of Instagram and Facebook, has launched Threads, a new text-based app that aims to compete with Twitter. The app allows users to post text and links, reply to messages, and repost content from others. Users can also port over their existing follower lists and account names from Instagram. Meta CEO Mark Zuckerberg stated that there should be a public conversations app with over 1 billion users, and that Twitter has failed to achieve this. Threads is built on the same ActivityPub social-networking protocol as Mastodon, allowing users to interact with a wider community beyond Instagram in the future.
Are you a fan of Snapchat? Have you ever wondered about the brains behind your favorite filter or interactive lens? Introducing Snap Inc, the exciting business entity that holds all this under its wings. So, what's new with Snap Inc these days?
The one word that truly defines Snap is 'innovation'. Fresh out from their kitchen hits us yet another example - 'Spectacles.' Remember those sci-fi movies where characters would sport glasses recording every single move of theirs in real time? Well, Spectacles aren't far off! Fun, quirky sunglasses equipped with cameras to capture your perspective of the world: How cool does that sound?
This isn't it. Ever used AR (Augmented Reality) lenses on Snapchat for comical transformations and thought-provoking interactions? Imagine extending this experience onto your living room floor or even streets! Just recently, Snap has been exploring wider aspects of AR technology beyond mere facial transforms. It’s no less than magic!
Monetization for creators remains high on Snaps' agenda too. The introduction of 'Spotlight', an open-space for creative content producers looking to earn via views stands as a testament to this revelation.
We ask ourselves – Can tech giants go green while scaling up against rivals like Instagram and Facebook?, To which Snap responds affirmatively by claiming carbon neutrality since March 2021 – A celebratory achievement indeed!
To sum things up folks, whether we are talking technological breakthroughs such as AR advancements and smart eyewear creations or online-money-making platforms like Spotlight; business expansions into potentially lucrative markets; or committing towards being environmentally conscious amidst scale operations--Snap is definitely unzipping bundles full of news under its banner. Intrigued much about what more could be cruising around the corner enwrapped within other facets Spin has betted on?> Watch out because there's always something stirring at our beloved innovator-builder's house.