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Thu. 02/02 – Meta Whistles Past The Metaverse

Feb 2, 2023
Meta surprises investors with a stock surge, pivoting focus away from the metaverse towards efficiency and generative AI. Twitter announces the end of free API access amid its recent monetization efforts. ChatGPT Plus launches, making AI interaction even more accessible, while Bing prepares to integrate advanced OpenAI features. Exciting news for gamers as Discord hits PlayStation 5 in beta. Meanwhile, Netflix grapples with complex password-sharing rules, and Amazon faces hurdles with its drone delivery ambitions.
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INSIGHT

Meta's Rebound

  • Meta's stock surged 20% despite a 55% drop in net income.
  • Their daily active users grew, and they reassured investors by focusing on efficiency and AI.
ADVICE

Twitter API Monetization

  • Twitter will end free API access on February 9th, impacting developers and researchers.
  • Consider the cost implications for your Twitter API-dependent tools.
INSIGHT

ChatGPT Plus Launch

  • ChatGPT Plus launched, offering faster response times and priority access for $20/month.
  • OpenAI's speed improvements and massive supercomputer access create a competitive advantage.
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