Episodios

  • Baby Daddy Elon, TikTok Goes Whee, IG Goes Live, & More...
    Jun 21 2024
    Today, we'll dive into the intrigue surrounding Elon Musk and the revelation of a secret child with an exec at his brain implant company. We'll also look into TikTok spreading its wings with a new image-sharing app called 'Whee.' For you live-stream enthusiasts, Instagram is rolling out live broadcasts for close friends. Gen Z is shaking things up by ditching Google in favor of Reddit for product searches. And finally, we'll explore how TikTok is evolving to resemble Yelp. Stick around for all this on today's episode of Creator Daily.Elon Musk, the CEO of Tesla and SpaceX, is in the news again for his expanding family tree. According to a Bloomberg report, Musk has recently welcomed another child into the world, this time with Shivon Zilis, an executive at his brain implant company, Neuralink. This isn't the first time the duo has shared parental roles; they previously had twins together, as discovered by Business Insider in court documents released in 2022.Musk is known for frequently sharing his concerns about what he perceives to be a global depopulation crisis. Reflecting his worry, he reposted a chart suggesting Europe is facing a "fertility crisis" and commented on the potential dire future of civilization.The tech mogul is no stranger to controversy, with recent reports shedding light on instances of alleged inappropriate conduct and relationships with women at his companies. This includes allegations from a Wall Street Journal report about a sexual relationship with a former SpaceX intern who became an executive, and claims from other employees detailing unwanted advances and requests to bear children.Moreover, a group of former SpaceX engineers have sued Musk, accusing him of creating a hostile work environment that includes sharing explicit content and disparaging comments about women and the LGBTQ+ community.The revelation of Musk's latest child with Zilis adds to a total of twelve known offspring from various relationships throughout his life, including those with musician Grimes and others from prior partnerships. Musk has often highlighted his worry about a collapsing birth rate, which he once referred to as "the biggest danger civilization faces" during an interview. His nonprofit organization even donated a significant sum to study the issue further. However, his personal activities and alleged conduct in the workplace continue to spark conversations and stir controversies.TikTok has introduced a new social app called Whee, which aims to keep friends connected through sharing real-life photos in a private setting. It's an Instagram-like feed but exclusive to a user's close friends, encouraging authentic interactions and personal moments. But this isn't TikTok's first foray into image sharing. Earlier, they launched Notes, another photo sharing platform but with a broader public sharing approach, offering content like travel tips and recipes.These moves come in the wake of similar successful platforms in the Chinese market, like Xiaohongshu, which integrates eCommerce. TikTok's ventures into image sharing, particularly Whee, might be aimed at capturing trends and enabling private sharing, which could potentially translate into data for ad targeting or tapping into the eCommerce aspect. While some may find the launch peculiar considering the saturated market with established players like Instagram and Snapchat, TikTok is pressing forward, testing the waters to see if users will switch to their new app for sharing visual content.Hey there, Instagram is making it more personal for you to go live. Starting from today, you have the option to stream live broadcasts exclusively for your Close Friends. What does this mean? Instead of sharing with all your followers or the entire public, you can now select a small group of pals for a more intimate experience.And here's a fun part: not only can you go live for your Close Cherished Circle, but you can have up to three other accounts join you in this live streaming session. It's like having a private group call but with all the cool features of Instagram Live.This feature is a big shift from the usual way Instagram Live works, where public accounts could have anyone tuning in and followers could always watch if your account was private. It's been a popular tool for influencers and celebs to interact with a large audience or for fan accounts to stream, say, a live concert. But now, Instagram is offering a more enclosed space for sharing moments—like a personal fashion haul or a quiet study group session without any outside eyes.Instagram's been nudging us towards more discreet interactions, noting a significant uptick in user engagement with features such as direct messaging. Remember in November when they allowed us to make regular posts viewable only to close friends? Or back in May, when they introduced features to mute all interactions except those from close friends to limit unwanted harassment?This move is all about creating a cozier, safer ...
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    11 m
  • X Trends Down for News, TikTok Shop Search, YT COmmunity Notes, & More...
    Jun 18 2024
    Welcome to another episode of Creator Daily - I'm your host Michael, covering the top news stories, latest strategy, and emerging trends in the overall creator landscape. Today, we're diving into a report that suggests X might not be the go-to spot for news it once was. We'll also talk about TikTok's new feature allowing users to search images in their TikTok Shop, which is shaking up the e-commerce game. Plus, X is stepping up its data game with advanced analytics for premium subscribers. We'll take a peek at what YouTube's brewing with a test run of their own Community Notes. And for those in the business sphere, get ready; TikTok is set to launch a feature for creating your very own virtual characters. Stick around for a jam-packed episode full of insights!According to a recent report by the Reuters Institute Digital News Report, it seems that the social media platform X is losing its grip as a preferred source for news among social media users. Even though there's been a push by Elon Musk to establish X as the most truthful and trustworthy news source, it appears that TikTok is now overtaking X in many regions as a more prominent news provider.This shift isn't entirely unexpected for Facebook, since its parent company Meta has been intentionally reducing its news coverage footprint. However, for X, this change is particularly notable since it undermines claims of its ascent as a premier news app, a stand frequently defended by Musk as a rationale for why traditional media might view his project negatively.The report, which is based on responses from more than ninety-four thousand participants across forty-seven countries, indicates that while YouTube and Facebook are still the most used platforms for news, both are seeing a decrease in users relying on them for news content, with TikTok's popularity on the rise.One reason behind TikTok's growing prominence is causing concern among authorities in the United States and elsewhere; TikTok's association with the Chinese Communist Party raises fears about the potential seeding of pro-China coverage to Western audiences.The document also highlights difficulties users face in determining the credibility of news on X, suggesting a need for X to work harder to gain trust from news consumers. Overall, these trends paint a revealing picture of online news consumption and how social platforms are adapting to, or falling behind in, their roles as news sources.TikTok is enhancing its search capabilities with a nifty new feature that allows users to find products in TikTok Shop using images. This was discovered by social media analyst Jonah Manzano, who came across a pop-up tab that prompts users to find items using an image search.Here's how you do it: Simply take a photo of the product you're interested in with your camera, making sure it's well-centered and against a plain background. This makes searching for products quicker and easier, as you don't have to rely on typing out text descriptions anymore. This type of image search technology is something that Google Lens already offers, and now TikTok users in the United States and Southeast Asia can access it too. If you have the latest TikTok app version and you're in these regions, you'll see a camera icon in the TikTok Shop search bar which you can tap to use the new image search feature.While TikTok has been seen by some as a potential search engine, particularly among Gen Z and young Millennials, interest has waned according to a CivicScience report in 2023. Despite that, TikTok has several incentives to continue developing its search functions. For one, the app introduced search ads last year, which is a valuable revenue source for brands. Also, creators can use TikTok Search Insights to discover the most-searched topics, helping them to target their content more effectively.The drive towards more refined search capabilities could mean a big win for TikTok's ecommerce, where over 500,000 sellers in the U.S. could see a spike in sales. With these new additions, TikTok is bolstering its tools to help users seamlessly find and purchase products right on the app.X is rolling out new advanced analytics features exclusively for its Premium subscribers. This latest development in X's subscription strategy places important user analytics behind a paywall. Premium users will now have detailed insights into a range of performance metrics like engagement rates, profile visits, and link clicks.Previously, account analytics were more widely available, but with the update, users who try to log into analytics.twitter.com are prompted to sign up for X Premium. The upgrade provides an improved interface with a large bar chart display for easier understanding of performance over time, but it moves yet another feature under institutionalized monetization. Elon Musk's takeover of X aimed to diversify the platform's revenue sources, with aspirations for subscriptions to generate half of its total income. However, efforts ...
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    10 m
  • Ray-Bans Post IG Stories, Pinterest Report on Gen Z, TikTok Layoffs, & More...
    May 23 2024
    Today, we've got some hot topics to dive into. First, we'll discuss how Meta's Ray-Ban glasses are getting an update that allows them to post directly to Instagram stories. Next, we're looking into a fresh report from Pinterest revealing what's catching the eye of Gen Z users. Then, we've got some news on TikTok potentially shaking things up with their global user operations team. Plus, Twitch is changing the game with a new strategy for managing violent and sexual content, giving the power of choice back to the users. And finally, X is tightening up its rules, now requiring those who share ad revenue to confirm their ID. Stay tuned as we unpack all of these stories and more on today's episode of Creator Daily.===Looking to share those perfect moments without fumbling for your phone? Well, Meta's got a new trick up its sleeve. The company's partnership with Ray-Ban has birthed smart glasses that can now post Instagram stories all by themselves. That's right, with a simple voice command, you can tell your glasses to share your latest snapshot directly onto Instagram. Just say, "Hey Meta, share my last photo on Instagram," and consider it done. But that's not all, Meta is integrating a few more goodies into these stylish frames. Think of meditating while on a walk, courtesy of a collaboration with the meditation app Calm. Users can now also enjoy guided meditation sessions through the glasses, with a free three-month subscription offer on the table for Ray-Ban Meta smart glasses owners. And for music lovers, there's something too. Streaming Amazon Music is as easy as saying, "Hey Meta, play Amazon Music," and your glasses will cue up a recommended playlist just for you. If you need to adjust the volume or pause the tune, touch and voice controls are there to bypass the need for your phone. These updates come following previous support for both Spotify and Apple Music.But remember, these nifty features will be rolled out incrementally, so keep an eye out for updates. And in case you missed it, last month Meta enhanced the smart glasses with AI capabilities that can, among other things, interpret signs in various languages and even suggest Instagram captions. It seems like the future of seamless social sharing and more might just rest on the bridge of your nose.===Pinterest is spotlighting a significant trend within its platform: it's fast becoming a go-to destination for Gen Z users, who are now its fastest-growing demographic, comprising over forty percent of global monthly users. These young Pinners aren't just casual browsers either; they're highly engaged, frequently searching and saving at a higher rate compared to other generations.Given their notable presence on the platform, Pinterest is advising marketers to pay attention to six key strategies to effectively reach Gen Z. These include optimizing content descriptions to appear in searches, building traction for transactions as users are more likely to buy products they've saved, making pins easily shoppable to take advantage of the fact that a majority of weekly Gen Z Pinners are always open to shopping, and staying ahead of the fast-changing trends that this demographic is keenly attuned to.In addition, marketers should connect with cultural moments that resonate with Gen Z and not forget that a significant portion of shoppers on Pinterest also includes those buying for Gen Z, such as many American moms. Understanding and strategizing around these insights could prove to be a game changer for brands looking to refine their marketing on Pinterest.The full report titled "It's a Gen Z World" is available for those interested in delving deeper and making the most of their marketing campaigns targeted at the young cohort on Pinterest.===TikTok is bracing for a significant shake-up, with reports indicating a new wave of layoffs targeting its operations, content, and marketing teams. Word on the street, or rather from The Information, is that these cuts could hit a hefty portion of the teams' workforce, which currently stands in the thousands. The restructuring is so extensive that the global user operations team could be disbanded altogether, with any remaining staff being reassigned to areas like trust & safety and product teams.Leading the narrative behind these operational changes are TikTok's Head of Operations Adam Presser and Head of Brand and Communications Zenia Mucha. Presser, who stepped into the role last year, has been vocal about his ambitions to unleash TikTok's 'full potential' through a sweeping reorganization. This move isn't entirely unexpected as back in February, hints were dropped about a plan to merge operations with the trust & safety division.Mucha, a seasoned professional with a Disney background, has been with TikTok only a short time after Presser took the helm. She's had her hands full, especially with TikTok's significant lobbying efforts in Washington which, despite a $13.4 million price tag, failed to block new ...
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    10 m
  • YouTube Investigates OpenAI, TikTok Music Promos, X AI Fact Checking, & More...
    May 22 2024
    Today, we'll be diving into YouTube's probe into OpenAI's use of creators' content and their confidence in their in-house AI. We'll discuss TikTok's move to amplify music promotions with Fan Spotlight and explore X's new initiative to implement a Grok Analysis button for AI-generated content fact-checking. Plus, we'll look at TikTok's recent program aimed at spotlighting creators who are driving positive impact. Finally, we'll delve into X's decision to make post likes invisible across the platform. Stay tuned for all of that and more on Creator Daily.===YouTube is taking a close look at claims that OpenAI may have scraped content from its platform without permission to train its text-to-video generator, Sora. Google's CEO, Sundar Pichai, confirmed the investigation on The Verge's podcast 'The Decoder', following recent reports about OpenAI's alleged use of YouTube videos. The company's CEO, Neal Mohan, previously stated that any such use of creator content by OpenAI would directly violate YouTube's terms of service.The situation is heating up as OpenAI also faces controversy over allegedly using actress Scarlett Johansson's voice for ChatGPT, against her wishes. Meanwhile, Pichai addressed concerns about the role of AI in content creation and how Google and YouTube's approach differs from that of OpenAI's products. They are focusing on creating tools for artists rather than releasing general-purpose tools to the public, aiming to keep the creator community at the core.As the AI field evolves, Pichai suggested that platforms which better support content creators will ultimately prevail. The full interview with Sundar Pichai on The Decoder discusses these issues in greater depth, exploring how Google and YouTube plan to add value back to creators in the age of AI.===TikTok just rolled out a new feature called Fan Spotlight to supercharge music promotions on the platform. Riding the wave of the recent licensing deal with Universal Music Group, TikTok is going all in on leveraging popular artists like Billie Eilish to drum up more user engagement. With Fan Spotlight, musicians can now pin up to five fan videos they love to the top of their music tab. This not only gives fans the thrill of being recognized by their favorite artists but also serves as a clever promotional tool. As fans create and post tribute videos, the artists amplify these by showcasing them, stirring up more content and excitement on the app. It's an ingenious cycle of promotion and engagement that's likely to appeal to even more musicians, especially since TikTok has become essential in music discovery.This feature also marks a harmonious culmination to the challenging times when licensing issues between TikTok and UMG made it tough for users to include many artists' music in their videos. Thankfully, with those disputes in the rearview mirror, artists like Eilish and Taylor Swift, also under UMG, can fully harness TikTok's promotional power. So long as TikTok stays clear of any potential bans in markets like the U.S., this could mean big things for music promotion on the app.===Elon Musk is steering his attention towards AI and robotics, and in line with this, X is enhancing its Grok chatbot with a new "Grok Analysis" button. Positioned within the app's bottom function bar, this feature aims to provide AI-driven fact checks for any post on the platform. However, the technology isn't quite ready for prime time just yet.The button will take center stage in a new user interface layout, but there have been some hiccups. The Grok system has previously been tripped up by sarcasm and non-literal language on the platform, leading to incorrect trend highlights. For instance, Grok inaccurately reported an NBA player going on a vandalism spree and other false events like an unusual sun behavior and a missile attack on Tel Aviv, all due to misread X posts.To complicate the matter, Musk is planning to introduce a "fun mode" for Grok which aims to give humorous takes—this can further blur the lines between truth and sarcasm. It’s clear that Grok’s approach to AI fact checking has its challenges. Musk’s goals seem to include reflecting his own views, which often encompass random conspiracies and nerdy humor, so Grok’s outputs might sometimes lean more towards entertainment rather than reliability.In essence, for those looking for a combination of humor and intel, the Grok Analysis button might just hit the spot. But for users keen on accuracy, it's hoped X can finetune Grok's system for more reliable fact checking. If so, it could be a useful tool for discerning the truth amongst an ever-growing sea of information.===TikTok is stepping up its support for creators who are driving societal change with its latest initiative, the TikTok Change Makers Program. This new effort is aimed at recognizing and promoting creators and non-profits that are using TikTok to make a positive impact in their communities. To kick things off, fifty participants...
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    10 m
  • Mr. Beast Does Chicken, X Communities, Reddit Awards Revamp, & More...
    May 20 2024
    Today, we're talking about Jimmy Donaldson, aka MrBeast, shaking up the fast-food world with the "MrBeast Box" at Zaxby’s. We'll also dive into X's latest addition to Communities to boost user engagement. Then, we'll look at Reddit's return to its classic award system, admit their recent misstep. Next, TikTok is pushing the boundaries with tests on 60-minute video uploads. And finally, we'll explore why the Instagram Chief is highlighting post share rates as a key factor for increasing your reach. It's a packed episode, so let's jump right in!===YouTube sensation Jimmy Donaldson, better known as MrBeast, has switched things up from his MrBeast Burger venture to a brand-new collaboration with fast food chain Zaxby's. They've introduced the 'MrBeast Box' at Zaxby's locations across the country, where they're known for their chicken dishes. The box is priced starting at $12.99 and comes fully loaded with chicken, fries, Texas toast, and an exciting new addition—MrBeast's very own Feastables' milk chocolate bar. This partnership also provides an exciting platform to showcase Feastables' newly reformulated chocolate bars, which Donaldson has playfully dubbed "the best-tasting chocolate ever made by mankind."Donaldson, who fondly recalls going to Zaxby’s growing up, is thrilled to include his chocolate in the MrBeast Box, pairing what he believes to be the best chicken and chocolate on the market. Beyond the box, this partnership will extend into video integrations and social media content. On the flip side, some might be curious why the Carolinian YouTuber has teamed up with Georgia-based Zaxby's when there's also North Carolina's own Bojangle's in the picture. Yet, MrBeast's foray into Zaxby's seems smooth and promising, unlike his previous fast-food endeavor, MrBeast Burger, which, despite its initial growth, faced quality control challenges and legal disputes over expansion strategies. Now, this new collaboration is set to take the fast-food and chocolate industries by storm, minus the controversy.===As group engagement keeps climbing on X, the social media platform continues to enhance its Communities feature to foster this growth. They're rolling out new analytics for community admins to better understand what sparks interest and grows their groups. Alongside this, they plan to introduce Community-specific Spaces chats, which aim to boost group interaction further. Additional tools for moderators are on the horizon too, helping with management tasks, battling spam, and improving reporting functions. These forthcoming updates build upon the recent changes, such as community recommendations, streamlined in-group searching, and showcasing trending Communities.Despite the company’s challenges during Elon Musk's acquisition, including significant staff turnover, X has identified Communities as a significant area for expansion. The focus seems warranted as X reports a staggering 600% increase in the time users spend on Communities within the last year. This is even though the platform hasn't seen a rise in its user base during the same period. With more than 350,000 communities and about 650,000 posts created daily, these new features seem poised to solidify Communities as a central part of the X experience.===Reddit is making a U-turn, bringing back its classic award system after realizing its recent changes weren't up to snuff. They admitted that the golden upvote system they tried to implement simply didn't resonate with users, stating, "We tried something new, it wasn’t great (you called it)." Starting today on its website and mobile apps, Reddit is reintroducing its old awards, now with a slightly revised look.The core idea remains unchanged, but they're making user experience a bit smoother. You'll see an award button under posts that qualify, there's a neater user interface, and there's even an awards leaderboard to showcase the posts and comments raking in the most gold and awards.New safety measures are also in place to keep awards out of NSFW or sensitive subreddits, and users can now report award misuse. Reddit is rolling out new awards while refreshing some old favorites. For those missing coins — the currency once needed to purchase awards — there's a bit of compensation. Reddit is gifting users, who lost their coin balances, with some exclusive awards to distribute for free, though the coin system won't be making a comeback. Instead, you'll need to buy gold, now priced starting at one dollar and seventy-nine cents for one hundred gold via the desktop version, to give to others. Despite the return of the awards, some features like the option to 'gild' posts aren't coming back, leaving a certain vintage Reddit charm in the past. The Contributor Program, on the other hand, is picking up steam, now available in thirty-five countries and aimed at creators who want to monetize their content.The response to the awards' revival? Mixed. Users are airing out their confusion over the ...
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    11 m
  • Lawsuits for Everyone! Emmys for YouTubers, Carbon Neutral Snap Ads, & More???
    May 16 2024
    Today we'll touch upon TikTok creators taking legal action against the divest-or-ban law. We'll also discuss the YouTube CEO's stance on creators deserving Emmy recognition. Then, we're diving into Snap's innovative program for tracking the carbon footprint of digital advertising. Don't miss out as we explore Instagram's fresh interview series with leading creators. And finally, we'll unravel Reddit's latest enhancements to its popular 'Ask Me Anything' sessions. Let's get right into the mix.===Eight TikTok creators have taken a bold legal stand, filing a lawsuit challenging a law that could prohibit TikTok unless its Chinese parent company ByteDance divests from it. They argue the law threatens their livelihoods and their unique form of creative expression. Their case builds on First Amendment grounds and draws attention to the app's distinctive features, like its recommendation algorithm and specialized video editing capabilities, which they argue make TikTok a one-of-a-kind platform that fosters a unique culture and form of content.The creators are concerned that an ownership change could fundamentally change the platform, much like what some have experienced with Elon Musk's takeover of X. They have noted that their presence on alternative platforms like Facebook and Instagram doesn't come close to their reach on TikTok. The lawsuit emphasizes that TikTok content can convey a different meaning than if shared elsewhere due to these unique features. Filed in the federal Court of Appeals in DC, the lawsuit seeks to have the divest-or-ban law ruled unconstitutional and prevent its enforcement. The creators, including personalities like rancher Brian Firebaugh, book reviewer Talia Cadet, and college football coach Timothy Martin, are not just fighting for their own interests, but for the broader TikTok community that values the platform's distinct voice in the digital landscape.===Should YouTube creators be rubbing shoulders with traditional TV stars at awards shows like the Emmys? Well, YouTube CEO Neal Mohan seems to think so. He's made a pretty compelling case for it, arguing that YouTube—and its creators—have become a significant force in entertainment.According to Mohan, it's not just about vlogging from bedrooms anymore. Creators on YouTube are putting together writers' rooms, production teams, and business strategies to churn out content that's not just popular, but boundary-breaking. Take the variety program "Good Mythical Morning," which boasts over 18 million subscribers. Its creators, Rhett and Link, manage to integrate viewer feedback almost instantly, unlike traditional shows that might have to wait for a new season.So the point here is this: if YouTubers are professionally producing content and engaging massive audiences, why shouldn't they be recognized by prestigious TV awards? It's true, YouTube's algorithm does play a big role in what content gets seen, but then, so many YouTubers are getting views that rival television programs. That indicates a level of cultural impact that can't be ignored.Now, there's still debate around the subject. Some argue that YouTube content is less about the audience and more about gaming the algorithm. Yet others might see the creators' work as a fresh, responsive form of entertainment reflecting modern culture.Mohan's take is that YouTube creators are defining a new era of entertainment, and they deserve the same acclaim as other creative professionals. The gap between traditional TV and online content continues to narrow, with online media swiftly gaining ground. So the question remains: will we soon see YouTube giants standing alongside Emmy winners? Only time will tell, but the conversation about the value and recognition of online content creation is certainly heating up.===Snapchat is stepping up its game in the environmental department with a brand new initiative to help advertisers understand the carbon footprint of their digital ads. By partnering with sustainability platform Scope3, Snapchat is setting the stage to provide advertisers with detailed insights into their campaign's impact on the environment, like server load, device usage, and how they add up in terms of emissions.Scope3 is basically going to breakdown the carbon impacts of a business and shine a light on how different aspects of digital advertising contribute to the overall emissions. It looks like Snapchat is leading the way here, being the first messaging platform to directly feed data into Scope3's emissions model, which is expected to really sharpen the accuracy and understanding of social and messaging platforms' role in carbon emissions generated by advertising.Now, let's talk numbers. Advertising in the digital realm, on social media, and messaging apps punches in at around 3.36 million metric tons of carbon emissions every year in just five major markets, including the US and the UK. But don't frown yet, because it seems Snapchat ads are actually playing the ...
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    9 m
  • Longer Reels Bad? X Community Notes, Peek is the New Poke, & More...
    May 14 2024
    In today's episode, we'll dive into Instagram's latest update, warning that longer Reels may not perform as well as you'd hope. Plus, 'X' celebrates a milestone with over half a million users contributing to Community Notes. And in the world of ad tech, Reddit is bringing a Google veteran on board to navigate their post-IPO journey. We'll also take a sneak peek at Instagram's new 'Peek' feature, aimed at boosting user interaction. Finally, stay tuned to hear about TikTok's experiments with a brand new feature that could change the game for collaborative posting. Let's get into it!===For all the Instagram creators out there, here's a tip straight from the platform's content team: Posting Reels longer than 90 seconds might not be your best move. This insight was shared by the Instagram crew at a recent creator event in New York, where CEO Adam Mosseri addressed various platform-related questions. According to Mosseri, and a slide presented at the event, Reels exceeding the 90-second mark could see a dip in distribution. Sure, Instagram allows you to upload Reels that are longer, even experimenting with three and ten-minute long Reel uploads. However, based on this new advice, it seems these longer formats may not be performing as well as expected. Apart from the length of Reels, Instagram also pointed out that other factors such as posting recycled content, using watermarks from other apps, and low-quality content can all negatively impact your reach. On the other hand, syncing your posting times with updates on other platforms could work to your advantage, presumably due to the benefits of cohesive branding and conversation generation.Creator monetization and the challenges of developing an equitable and sustainable program were also discussed by Mosseri. While subscriptions could be a solid revenue path, they seem to be fitting just for a small subset of creators. So, if you're looking to maximize your performance on Instagram, it might be time to cut those Reels down to size and focus on original, high-quality content.===The platform X, formerly known as Twitter, has hit a new benchmark with its Community Notes feature, exceeding half a million contributors worldwide. This crowd-sourced fact-checking tool, initially called Birdwatch, allows users to add fact-checks and corrections alongside posts. The impact is apparent; users are less likely to repost content that has a Community Note attached, and these notes enjoy higher levels of trust compared to standard misinformation flags.Despite the positive aspects, Community Notes isn't perfect. The slow process and the requirement for bipartisan agreement on notes mean many do not appear in time to curb the spread of misinformation, with only a small percentage ever making it into the app.X is working on refining the system, especially the speed at which notes are shown. However, the reduced moderation workforce from 2,294 employees down to 1,849 since Musk's ownership has sparked concern. The downsizing has led to reports of increased hate speech and other issues, which robust moderation teams might have mitigated.While the platform continues to face a 50% decrease in ad revenue, the expansion and improvement of the Community Notes system offer a glimpse of hope that it might eventually take up the slack left by the reduction in staff moderators. But whether it can effectively handle the task remains to be seen.===Reddit has recently welcomed a new member to their team, a veteran straight from Google, Jyoti Vaidee. Now holding the title of vice president of ads product, Vaidee's role comes as a key move post-Reddit's successful initial public offering. With a rich background in monetization strategy at Google, where she led the Display Ads unit, she's geared up to steer Reddit's ad product strategy, execution, and management, working closely with Roelof van Zwol.This move marks an important change for Reddit, as Vaidee takes over from Shariq Rizvi, who is departing after being a pivotal figure in developing Reddit's ad infrastructure, including the launch of new ad formats and acquisition of audience insights firm Spiketrap. As Reddit aims to boost its monetization efforts on a global scale, Vaidee's experience with Google's advertising products like Dynamic Product Ads, Google Shopping, and YouTube is expected to be invaluable. Her appointment reflects the platform's ambition to solidify its standing in the digital ad marketplace, which has shown signs of rebounding after a shaky couple of years.The significance of this hire is underscored by Reddit’s impressive performance in its first financial quarter as a public entity, boasting a substantial year-over-year increase in ad revenue. With daily visits from over 82 million users, Reddit is carving out its niche by fostering communities and authentic connections that translate into tangible business results. And with recent deals, like the content licensing agreement with Google that assists in ...
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    9 m
  • Dorsey Off Social, Reddit Growth, IG Beating TikTok, Updates, & More...
    May 10 2024
    In today's episode, we'll discuss the ripple effects of Jack Dorsey's departure from Bluesky and what it signifies for social media's future. We'll touch on Reddit's impressive user growth and revenue surge in the first quarter. Find out why Instagram is now edging out TikTok when it comes to video-based user acquisition. Learn about the new feature from Threads that lets creators see how many people are viewing their posts. And we'll delve into the startling report indicating that publisher referrals from Facebook have halved. Stay tuned for all this and more on Creator Daily.===Jack Dorsey, the former CEO of Twitter, now known as X, has confirmed his departure from Bluesky, a decentralized social media project. Dorsey, who still owns shares in Twitter, will no longer play an operative role in social media but remains committed to his other ventures. Notably, he will focus on Block, formerly Square, which includes a point-of-sale business and crypto-related bets, with a particular interest in Bitcoin's potential impact in Africa.Dorsey's management style has been criticized by former employees of Block and Twitter as detached, and some suggest that his leadership lacked strength and foresight. His departure symbolizes the end of an era; social media has evolved to take on more serious economic and social responsibilities requiring mature leadership—a contrast to Dorsey's unconventional style. Social media CEOs like Mark Zuckerberg and Evan Spiegel have evolved, reflecting the industry's growth into a legitimate business sector.While Dorsey has supported Elon Musk's involvement with Twitter and seems to align with Musk's critical view of the company's past management, his exit from Bluesky points to the significant changes in what social media once represented. It also emphasizes a point where idealism must meet the demands of capitalism, a junction where Dorsey has lingered for quite some time. With his latest move, he chooses a path that leans away from direct involvement in the industry he once helped shape, taking a backseat to focus on other interests.===It's been a significant quarter for Reddit as the company has just delivered its first quarterly performance update since becoming a publicly listed company. The platform is experiencing a surge in user engagement, hitting an all-time high with 82.7 million daily active users, marking a 37% increase from the previous year. Revenue-wise, things are looking up with a substantial 48% year-over-year increase, translating to $243 million for the quarter.However, it's worth noting that while daily active users have hit a peak, this doesn't necessarily represent the highest user activity Reddit has ever seen. In the past, around 2019, the monthly active users were reported at 430 million, which could suggest that daily active numbers had potentially been much higher at some point. But since Reddit has shifted its reporting standards to focus on daily metrics, this is the highest they've reported within that context.Despite these gains, not everything in the report is rosy. The bottom line shows Reddit operating at a $575 million loss, mainly attributed to increased costs from stock-based compensation and related taxes following its IPO.As Reddit continues to evolve, attracting more users and refining its revenue streams remains vital. The platform's international growth efforts and developments in ad options are proving to be key strategies in this effort. Reddit may also be benefitting from a user migration from X, as the platform becomes increasingly important for brand insights and genuine product discussions.Looking ahead, it's clear Reddit is on an upward trajectory, even considering the short-term financial setbacks. As they work towards restructuring their business for better revenue potential, the focus will be on how they can continue to draw in users and establish themselves more firmly in the competitive social media landscape.===Hey there! In a recent survey, Instagram has come out on top over TikTok as the platform of choice for video-based user acquisition among marketers. A whopping 79% of survey participants said they'd allocate at least three-quarters of their budget to Instagram when divvying up their user acquisition spend. TikTok landed the remaining quarter, despite 53% of those surveyed using both platforms in 2023.This preference may be due in part to Instagram's advertising ecosystem, which may be seen as more mature and accommodating to marketers. The survey, conducted by Zoomd prior to the U.S. Congress pushing TikTok to drop its Chinese ownership or face a ban, also brought some other interesting insights to light. For instance, half of the mobile marketers have leveraged artificial intelligence to boost their user acquisition campaigns. What's more, influencers and creators continue to be essential, with 56% employing them in 2023 for user acquisition – and swings towards greater investment in such content creators this ...
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