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The Latest Breaking News from Sensor Tower

App spending on AI chatbots tripled in 2024 – report

The rise of generative AI has sparked a surge in downloads and spending on AI-linked apps.

Evening Standard

Spanish Youth Ditch Dating Apps For 'Real Life' Love

Jilted on dating apps but undeterred in the quest for romance, 20 young singles gathered in Madrid to share activities and flirtatious smiles in a rediscovery of real-life love.

International Business Times

Lemon8: TikTok sister app tops app store amid looming ban

It has become one of the top-ranking free apps on Apple’s app store

The Independent UK

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Bluesky Gains Millions Of Followers As Some X Users Seek Alternative

The surge in interest for alternative platforms comes amid growing concerns over upcoming changes to X's terms of service and content moderation.

International Business Times

Elon Musk's X is hemorrhaging users to Threads and Bluesky. Welcome to the era of social media fragmentation

Many high-profile X users are leaving after Elon Musk's efforts to elect Donald Trump, adding to a new era of fragmented social media.

Fortune

Dating Apps Move To Friend Zone In Search Of Profits

Burnt-out love-seekers are shunning dating apps in their millions, but the apps are trying to woo them back with a counter offer: If you don't want a lover, perhaps you just need a friend?

International Business Times

Goodbye Tinder, hello Strava: have ‘hobby’ apps become the new social networks?

Millions are rejecting the culture-war hotspots of the major social media sites in favour of apps dedicated to activities they enjoy, while bonding with their fellow users

The Guardian - UK

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LGBTQ dating app aims to protect closeted athletes by disabling location features at Olympic facilities

The app will also give users in the Olympic village premium features for free.

Fortune

Amazon Has A Flashy New Rival In PDD's Temu Shopping Site. It Should Take The Threat Seriously.

Temu emerged from nowhere to become an e-commerce force with aggressive marketing and super-low prices. And Amazon stock watchers are thinking the unthinkable.

Investors Business Daily

Twitter usage in US ‘fallen by a fifth’ since Elon Musk’s takeover

App users for social media site, rebranded as X, down by 23% since November 2022 according to Sensor Tower

The Guardian - UK

Instagram beats TikTok as world’s most downloaded app

Instagram has taken the top spot, despite facing stiff competition from TikTok

Evening Standard

Instagram overtakes TikTok as world’s most downloaded app

Copycat video feature Reels helps Meta app in fightback against Chinese-owned rival

The Guardian - UK

Temu Super Bowl Commercials Build On Ad Barrage. PDD Stock Is Up.

Temu returned to the Super Bowl with multiple ads pitching its e-commerce platform as a way to "shop like a billionaire."

Investors Business Daily

How Elon Musk’s antisemitic comments pushed X advertisers over the edge

The social network once known as Twitter is facing a new exodus thanks to the behaviour of its mercurial owner – and it may not recover, reports Io Dodds

The Independent UK

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Fortune

Threads traffic continues to spiral, now down 82% just a month after launch

Engagement is down from the users who still go, as well.

Fortune

Mark Zuckerberg's Threads traffic is now down 70% from its peak—just 2 weeks ago

User engagement continues to fall after red-hot start.

Fortune

Mark Zuckerberg’s Threads is struggling to hold people's attention like Twitter does

Time spent on Twitter also took a slight knock, yet the total was still far above Meta’s competing app.

iMore

Millions of Reddit users unleash their fury over controversial changes

Reddit users have been leaving one-star reviews in protest of the site's API rules, but is that enough to change Steve Huffman's mind?

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Barchart

Stocks Post Modest Gains as Strength in Tesla Pushes Tech Stocks Higher

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Friday closed up +0.11%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.13%, and the Nasdaq 100 Index ($IU XX) (QQQ ) closed up +0.30%. Stock indexes Friday settled modestly higher, with the S&P...

Barchart

Tech Stocks Lead the Market Higher with Positive Tesla News

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.63%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.32%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.21%. U.S. stocks this morning are moderately higher, with the...

The Independent UK

What is Temu, the most-downloaded online shopping app in the US?

The app first launched last year

The Independent UK

What is Temu, the most-downloaded online shopping app in the US?

The app first launched last year

Bangkok Post

China's mobile game Genshin Impact bags $4bn

Genshin Impact, the video game launched by Shanghai studio miHoYo in September 2020, bagged US$4 billion in global revenue by the end of 2022 to make it one of the most successful mobile titles of all time and marking the rise of China-developed games.

Investors Business Daily

Despite Talk Of U.S. Ban, TikTok Keeps Rolling Over FANG Stocks Like Google, Meta

Even as U.S. lawmakers target TikTok, the social media app is morphing into a global giant, taking on Google, Facebook, Snap and others.

USA Today Sports Media Group

Genshin Impact generated $3.7 billion in its first two years

HoYoverse’s anime RPG defied player spend trends in the mobile sector and saw increased revenue in the first half of 2022.

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