Firstly, this FWD will cover the latest Twitter news, following Elon Musk’s recent U-turn, now proceeding with the purchase of Twitter for the original offer of $44bn – $54.20 a share.
Tesla’s CEO had been set to attend court proceedings, with multiple legal commentators warning he had a slim chance of succeeding in his attempt to scrap the deal. Musk tweeted on Tuesday that buying the company would be an “accelerant” to “creating X, the everything app”, adding the process would be accelerated by up to five years.
News:
- Google introduces TikTok influenced feature, ‘Exploration’, to re-engage Gen Z with a visual search experience, displaying continuous scrolling tiles.
- Tesla unveils their humanoid robot, with a mass production goal in mind and reveals that the robot will cost less than an average car at $20,000.
Startup:
- Atmosphere offers free ad-supported streaming for businesses including 21 ambient, audio-optional channels. The platform’s content is perfect for bars in between games, airports, and so many more locations.
Insights:
- Twitter is looking to entice user growth with a new ‘status’ indicator, including a mix of trending sayings and popular activities.
- TikTok defies a gloomy economic outlook with record-breaking Q3 revenues, estimated at $914 million.
- Meta shuts down its bulletin newsletter and moves resources to its discovery algorithm and creator economy service.
- A new Instagram test removes the shopping tab from the home screen, making it harder for users to find the Shop tab on the platform.
