Social Media Is Slowly Dying + Instagram Reach is Fixed Now?, Elon Owns Twitter (Huge Shift In Social Media)

dilynwrcrist

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Top 5 Updates of the Week:​

  • Elon Musk Buys Twitter & Fires Both CEO & CFO.
  • Tiktok launches “Tiktok Academy” For SMBs and Marketers.
  • Meta posts revenue decline of $3 Billion in last Quarter, metaverse is falling.
  • Youtube is getting a refresh with new UI/UX for Youtube App and Web.
  • Shocking: Apple to tax your Instagram and Facebook Ads with new Ad Policies.
  • Overall: Facebook, Pinterest, Twitter, IG are declining in different ways: Revenue, Users and Activity.

Google:​

  • Google Analytics 4 gets new homepage and 5 new features.
  • Google Reportedly released another algorithm update after last week’s Spam Update.
  • Google API v12 released with updated client library and code.
  • Google Ads Performance Adds Performance Planner, Scheduled Assests group & more.

Tiktok:​

  • Tiktok becomes world’s highest-grossing social media app with most in-app purchases.
  • TikTok to launch Standalone Gaming App.

Instagram:​

  • Instagram head says IG Reels and Photos reach is balanced now.
  • Instagram Announces Live Events To Guide Marketers for Holiday Season.
  • Instagram is working on adding “Add Topics” feature to IG Reels .

Meta :​

  • Meta Employees are embracing for layoffs after Revenue falls down.
  • Meta Launches “Advantage +” shopping Campaigns with TargetedAutomations.
  • Meta adds new tools to assist in Intellectual property detection.
  • Outages: WhatsApp was out for 2 hours on Tuesday and On Friday similar outages with IG & FB too.

Twitter:​

  • Twitter expands Campaign Planner To 15 More Countries.
  • Elon musk shares a message to Advertisers stating to stay loyal with platform but carefully.
  • Twitter’s new API v2 to include Direct Messages Access.
  • Twitter to allow Buying & Selling of NFTs through Tweets.
  • Twitter ends Payed Twitter Spaces to focus on other audio features.

Pinterest:​

  • Pinterest Advances Video Content Approach via Partnership with the Louvre.
  • Pinterest revenue stayed resilient in last quarter and gained new users.

YouTube:​

  • Youtube begins rolling out separate Tabs for Live Videos, Shorts and Vids.
  • YouTube now allows health care youtubers to verify and sell health related products.
  • YouTube Streamy Awards nominations are here.

Snapchat:​

  • Snapchat reduces payouts for Spotlight Creators.
  • Snap launches “Director Mode” with more new editing tools for Users.

LinkedIn:​

  • LinkedIn launched new AI powered Security feature to tackle Frauds.
  • LinkedIn launched Page & User Mention Stickers For Photos & Videos.
  • LinkedIn launches new features for recruiters and employees to make hiring easier.

Reddit:​

  • Reddit is building an Ads API, first 4 partners announced.

Marketing:​

  • A jump from 3% to 10% Tiktok Users that use platform for News & Media Updates.
  • Zoom is reportedly working on a calendar and emails tools to compete with Google & Office.
  • Shutterstock partners with Open AI to provide AI generated Images.
  • Amazon’s Ad Business made $9.5B in last quarter even with overall revenue going down.
  • Google Ads revenue up only 6% while Microsoft Bing Ads up by 16%.
  • Amazon unveils suite of new video advertising products.
This took a while to curate and if you need sources to these updates. You can visit here to find them and also subscribe to receive these trends/ updates every week.
 

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