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- Code analysis: TikTok is testing a $5/month ad-free subscription, Blue Apron acquired by Lore’s Wonder Group
Code analysis: TikTok is testing a $5/month ad-free subscription, Blue Apron acquired by Lore’s Wonder Group
Android Authority code analysis: Code in TikTok's app indicates that the company is testing a $5/month ad-free subscription plan - Link
Marc Lore's Wonder Group acquired Blue Apron in an all-cash deal valuing the meal kit delivery company at $103M; Wonder paid $13/share, a 137% premium on the stock's last closing price - Link
Bloomberg sources: John Giannandrea, a former Google exec who now leads ML and AI at Apple, has a "search team" working under him that has built a next-gen search engine for Apple's apps, codenamed "Pegasus" - Link
The Information sources: Analysts at Goldman Sachs and other Wall Street banks expect Instacart to report significantly slower growth in H2 2023, down to 7-8% growth from 31% growth in H1 and 50% growth in H2 2022 - Link
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Jason kicks off the show by discussing the reported talks between OpenAI, Jony Ive, and Masayoshi Son to build the "iPhone of AI" (1:17), and the FTC's antitrust lawsuit against Amazon (9:45). Then, Roam Around CEO Shie Gabbai joins Jason to discuss the journey of building a travel startup in the AI space (20:53), and much more! - Link
Meta used public posts on Facebook and Instagram to train its new AI assistant after private details were filtered out - Link
According to a regulatory filing, Robinhood expects a $100M charge in Q3 related to previously disclosed legal and regulatory issues - Link
The Information sources: TikTok Shop was on pace to process >$6B of transactions in Indonesia before the government banned online shopping on social media; Indonesia accounts for ~1/3 of TikTok Shop's global revenue - Link
X is partnering with Paris Hilton in a rev share deal where the company will work with Hilton to create original video content - Link
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