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ChatGPT overtakes TikTok, Instagram to become most downloaded app globally in March
Economic Times
·
3m ago
Medial
In March, OpenAI’s ChatGPT became the most downloaded app globally, surpassing TikTok and Instagram, with a combined 46 million downloads from the Apple and Google Play stores. A viral trend where users created "Ghibli-fied" images contributed to its popularity. Despite ChatGPT’s surge, overall app downloads showed a slight decrease compared to the previous year. Apps like TikTok, Facebook, and WhatsApp also remained highly popular, following ChatGPT in download rankings.
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DeepSeek app holds top global spot in downloads, led by India
Economic Times
·
6m ago
Medial
DeepSeek’s AI assistant emerged as the most downloaded mobile app globally across 140 markets, with India being the largest contributor to new users. Since its release in January, it secured the No. 1 spot on Apple's App Store and Android Play Store in the US. Despite garnering 16 million downloads, surpassing OpenAI’s ChatGPT initially, its growth faces potential hurdles due to cybersecurity concerns as firms and governments block the app.
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Microsoft overtakes Apple as world's most valuable company
Livemint
·
1y ago
Medial
Microsoft surpassed Apple to become the world's most valuable company after Apple experienced a slow start to 2024 due to concerns over demand. Livemint, an Indian news website, is recognized as the fastest growing news website globally. Users can access a range of benefits, including newsletters, real-time stock tracking, breaking news, and personalized newsfeeds on the website.
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More TikTok users turning to the app for news, Pew study shows
Economic Times
·
1y ago
Medial
According to a study by the Pew Research Center, the percentage of TikTok users who regularly access news on the app has increased to 43% in 2023 compared to 22% the previous year. This highlights the growing competition between news organizations and social media platforms for consumer attention and advertising revenue. News websites and apps were still the most popular sources for news consumption, with 67% of surveyed individuals using them. Facebook, YouTube, Instagram, and TikTok were the top social media platforms for news consumption, with Facebook being the most popular.
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Watch: TikTok and Meta's latest moves signal a more commodified internet
TechCrunch
·
1y ago
Medial
TikTok is reportedly working on a new app called TikTok Notes that will allow users to post images, in an attempt to rival Instagram. This follows the trend of social media platforms borrowing features from one another to increase user engagement and revenue. The strategy is driven by the desire to become a superapp and offer a wide range of features to keep users within the app. However, there is a risk of diluting the user experience and losing the unique qualities that made each platform popular in the first place.
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Instagram debuts new video-editing app Edits, as TikTok deals with a ban
Economic Times
·
6m ago
Medial
Instagram has launched a new video-editing app, Edits, amidst uncertainty surrounding TikTok due to a potential U.S. ban. The app is similar to CapCut, owned by TikTok's parent company ByteDance, allowing creators to edit videos across platforms. As TikTok navigates legal challenges, Instagram aims to attract users and advertisers by enhancing its creative tools. Meta, Instagram’s parent company, is positioning itself to capture migrating TikTok users if the ban proceeds.
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Meta's new Threads, a rival for X, is now Apple's most downloaded app
Business Insider
·
1y ago
Medial
Threads, the text-based social media platform from Meta, has skyrocketed in popularity and become the most downloaded app in Apple's US app store. Threads initially faced usage decline due to its lack of features, but the team behind it made improvements and added new functionalities. Since its launch, Threads has gained over 150 million downloads and has shown steady growth in users. In contrast, X, which Elon Musk acquired and rebranded as Twitter, has experienced a decrease in daily and monthly active users, with advertisers fleeing the platform due to controversial tweets by Musk.
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Code suggests that TikTok could be building an app for photos
TechCrunch
·
1y ago
Medial
According to code found in the TikTok app, it appears that the company may be developing a photo-sharing app called TikTok Photos. The description suggests that the app will be dedicated to helping creators share and discover photo posts. This move would allow TikTok to compete with Instagram in the photo-sharing space. ByteDance, the company behind TikTok, has been expanding into various areas such as music streaming and long-form video content in an effort to maintain its competitive edge. TikTok has not yet made an official comment on the matter.
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Nvidia overtakes Apple as world's most valuable company
Economic Times
·
9m ago
Medial
Nvidia has surpassed Apple to become the world's most valuable company, driven by strong demand for its new AI chips. With a market value of $3.53 trillion, Nvidia briefly took the lead from Apple's $3.52 trillion market cap. This follows Nvidia's previous position as the most valuable company before being overtaken by Microsoft and Apple. The company's stock has risen by 18% in October, boosted by a funding round announcement from OpenAI. In an environment where companies are increasingly adopting AI technology, Nvidia is well-positioned for continued growth.
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How Instagram got its mojo back
Business Insider
·
1y ago
Medial
Instagram seemed to be losing its relevance to TikTok, but against all odds, it is staging a comeback. Sensor Tower data shows that Instagram downloads were up 20% in 2023 compared to TikTok's 4% year-over-year growth. The success of Instagram can be attributed to its newly launched Threads feature and the improvement of Reels, which now showcases more original videos. TikTok, on the other hand, saw a decrease in monthly active users among the 18-24 age group. Additionally, TikTok's emphasis on shopping has made the app less enjoyable for some users. However, both Instagram and TikTok may face challenges with increasing regulation and the push for a screen-free lifestyle.
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Bluesky is growing up, maybe too fast
Economic Times
·
8m ago
Medial
Bluesky, a social network prototype aiming to provide an alternative to platforms like Facebook and X, has seen explosive growth in recent weeks, surpassing 15 million users and becoming the most downloaded free app on Apple's and Google's app stores. The company has faced challenges, including site outages, code glitches, and content moderation issues, as it tries to manage its rapid growth. Bluesky's open protocol allows users to customize their algorithms and migrate between platforms, setting it apart from the locked-in nature of Facebook and TikTok. The social network gained popularity amid changes and controversies on other platforms, attracting users seeking a different online atmosphere. The team's goal is to create an ecosystem where developers can trust and contribute to the improvement of social media.
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