Social shakeup – world’s most downloaded app

Published

3 years ago

August 11, 2021

Sorry Facebook… but TikTok has now overtaken as the world’s most downloaded app

The Chinese video-sharing platform is the only app not owned by Facebook to make the global top five of downloads for 2020

Mark Zuckerberg’s social media giant accounted for the rest of the top five, with Facebook as well as WhatsApp, Instagram and Facebook Messenger on the list

Picture taken on May 12, 2012 in Paris shows an illustration made with figurines set up in front of Facebook’s homepage. Facebook, already assured of becoming one of the most valuable US firms when it goes public later this month, now must convince investors in the next two weeks that it is worth all the hype. Top executives at the world’s leading social network have kicked off their all-important road show on Wall Street — an intense marketing drive ahead of the company’s expected trading launch on the tech-heavy Nasdaq on May 18. AFP PHOTO/JOEL SAGET (Photo by Joël SAGET / AFP) (Photo credit should read JOEL SAGET/AFP/Getty Images)

In china, TikTok’s owner ByteDance holds the top spot with the Chinese language video app Douyin.

Last week, it emerged that TikTok is trialling a new disappearing clips feature similar to functions on Snapchat, Facebook and Instagram.

TikTok Stories will allow users to see content posted by accounts they follow for 24 hours before they are deleted.

Facebook-owned apps have held the top spot since the survey started in 2018.

Related Topics:Facebook Featured Tech TIKTOK

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Tesla’s robotaxi reveal sparks excitement

Published

3 days ago

October 11, 2024

Ahron Young

Analysts and investors are eagerly awaiting Elon Musk’s big reveal—a fully functional autonomous vehicle that could revolutionise ride-hailing.

Tesla’s stock has soared 52% since Musk first announced the event in April, reflecting high hopes for the launch of its much-anticipated robotaxi.

The vehicle, dubbed the “Cybercab,” is said to be a sleek, two-seater without a steering wheel or pedals—straight out of the future.

Tesla also teased a ride-hailing app that will summon these driverless cars to pick up riders at their chosen locations.

Not convincing

But not everyone is convinced—some analysts warn that while Musk’s vision is bold, the timeline for these innovations may not deliver immediate results.

Musk has a history of overpromising on autonomous tech, and this event might be more about grand ideas than tangible products.

Tesla first floated the robotaxi idea in 2016, with Musk hinting at a future where owners could lease their cars to others for extra income.

If the software keeps pace with Musk’s ambitions, the future of driverless Teslas might be closer than we think.

Amazon’s 2024 Prime Day expected to make huge impact on tech sector sales

Published

5 days ago

October 9, 2024

ticker NEWS

Market experts believe Amazon’s upcoming event will drive a surge in sales, benefiting Amazon’s stock and boosting consumer tech companies that sell through its platform.

Experts predict that a short-term rally in retail and tech stocks could be seen as revenue spikes.

Founder/CEO of Unearthing Opportunities, and Board Advisor to Power Hero, Bradley A Gastwirth joins to unpack the latest market moves. #featured #trending