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EP-142 Amazon’s Ad Surge 🚀, Openai’s Search Challenge 🔍, Meta’s Threads Expansion 📈
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welcome to wall-e's tech briefing for friday, november 1st! dive into today's top tech stories:
- amazon's q3 surge: the e-commerce titan reports a 19% rise in its advertising business, generating $14.3 billion and strengthening its position against google and meta in digital advertising. overall revenue hits $158.9 billion, beating wall street expectations.
- openai's chatgpt search: openai introduces new real-time search capabilities that challenge google and microsoft's bing, adding a competitive edge to the search engine market with microsoft's backing.
- meta's threads app expansion: ceo mark zuckerberg reveals threads' user base has grown to 275 million. while aiming to compete with elon musk’s x platform, threads still has growth ahead to become a social media powerhouse.
- microsoft's stock decline: despite positive earnings reports, microsoft's shares fall 6% due to uninspiring forecasts for the next quarter. azure's 33% revenue increase remains in line with google cloud's growth.
stay tuned for tomorrow's tech updates!
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