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š² Search Monopoly
Google's search dominance is challenged
Todayās Insights
US rules that Google has a search monopoly
Threads added 25M users in July
Google is rolling out SEO recommendations
PerplexityAI is planning to launch ads in September
Reddit acquires āMemorable AIā
Feature
āļø A US federal judge ruled that Google has a monopoly on search
Legal proceedings were brought against Google for billion-dollar payments annually to Apple, Samsung, Mozilla, and others to be the pre-installed default search engine.
The penalties will be decided in a second hearing, which could take years according to one expert. Google will appeal.
The Winners
Consumers are still likely to pick Google as their preferred search engine for nowā¦ but with the release of OpenAIās search product, and other AI-first competitors such as PerplexityAI, the playing field could be more even for new search challengers.
The Losers
Google will seemingly lose the agreements that it was prepared to pay tens of billions of dollars forā¦
One of those is to Apple which will have $20bn less revenue each year.
Apple, Meta, and Amazon have their own open anti-trust cases as the US seeks slow big techā¦ (including Metaās acquisitions of Instagram & Whatsapp).
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Google & Meta
š Meta plans to reduce reliance on Apple
Mark Zuckerberg says heās focused on Metaās future and plans to reduce its dependence on other companies. āI want us to build and have more control over the next set of platforms,ā Zuckerberg said.
š« Meta phases out celebrity AI chatbots
Despite launching less than a year ago, Metaās AI chatbots featuring celebrities will no longer be available to users. Instead, Metaās AI Studio will enable users to create their own custom Al chatbots.
š Threads reaches 200 million monthly active users
The appās growth rate nearly tripled, adding 25 million users in the past month alone, up from 175 million in July.
š Google is rolling out SEO recommendations in Search Console
Googleās recommendations relate to indexing, crawling, and serving based on a websiteās existing Search Console data. The feature will roll out gradually over the next few months.
š¤ Google adds three new AI features to Chrome
āGoogle Lensā lets users search on their desktop without leaving their tab, āTab Compareā to evaluate products across multiple sites, and a new history search feature where users can find previously visited pages using conversational queries.
š§ Google introduces new tools for Performance Max
The features include asset-level conversion reporting and advanced generative AI tools for image editing.
More Headlines
š° Reddit acquires āMemorable AIā to boost advertising offering
Memorable AI enables advertisers to plan ad creative based on their branding and conversion goals via an AI-based co-pilot.
š Reddit CEO calls on Microsoft to pay for data scraping
Steve Huffman claims Microsoft Bing, Anthropic, and PerplexityAI were scraping Reddit's data without authorization. āAny crawler that we donāt have a formal agreement with, weāre now blocking,ā Huffman said.
š LinkedIn records revenue and engagement growth
LinkedIn's revenue increased by 10% and engagement reached new highs in the latest fiscal quarter, reflecting a 13% rise in sessions. The platform also noted a 34% year-over-year boost in video uploads.
š¢ Microsoft names OpenAI as a direct search competitor
The company listed OpenAI in its latest annual report, despite Microsoftās $13 billion investment into the company.
šŗ Apple plans to introduce ads to Apple TV+ in the UK
Apple is in talks with the UK's Broadcaster's Audience Research Board over data collection for advertising performance tracking - as Apple plans to introduce a cheaper, ad-supported plan like rivals Netflix, Disney+, and Amazon Prime.
šø Perplexity announces ad revenue share deal with publishers
Under its new āPerplexity Publishersā Program,ā the company will offer a "meaningful double-digit percentage" of ad earnings with publishers whose content is used by the search engine. This move comes amid controversy over alleged content scraping. Perplexity plans to launch its advertising platform by the end of September.
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