Alex Barinka / Bloomberg:
Meta reports Instagram reached ~2B MAUs globally, up from 1B in 2018, and WhatsApp reached 2B+ DAUs — Meta Platforms Inc.’s Instagram now has 2 billion monthly active users worldwide, closing in on the 2.96 billion who use Facebook, in a sign of the social media giant’s shifting makeup.
Tom Warren / The Verge:
WhatsApp confirms a major outage worldwide, starting around 3AM ET, and says it is “working to restore WhatsApp for everyone as quickly as possible” — WhatsApp is down in a major outage affecting the communications app. The service started experiencing issues at around 3AM ET …
Cameron Thompson / CoinDesk:
DappRadar: the largest number of DAUs on Decentraland was 675 and on The Sandbox was ~4,503; Messari: Decentraland and The Sandbox have market caps of ~$1.3B — While metaverse platforms Decentraland and The Sandbox both have below 1,000 daily active users, they each have over $1 billion in valuation.
Alex Heath / The Verge:
Internal memo: Meta is setting up a New Monetization Experiences division to identify and build “possible paid features” for Facebook, Instagram, and WhatsApp — A new team will be tasked with building paid experiences across Meta’s apps — Meta is setting up a product organization …
Alex Barinka / Bloomberg:
The head of Instagram Adam Mosseri talks about balancing the urgency to make Reels work for Meta and not making “any mistakes by pushing too hard or too fast” — As Meta Platforms Inc. pursues an expensive, unproven metaverse strategy, success will depend in part on whether Instagram can pay the bills.
Nilesh Christopher / Rest of World:
WhatsApp users in India say the service, which has ~550M users in the country, has become overrun by spam from brands, some using WhatsApp’s business tools — Revenue pressures forced WhatsApp to turn to e-commerce, and now the company is contending with a plague of spammers. — • BENGALURU, INDIA
Aisha Malik / TechCrunch:
Google announces updates for Search to help users find dishes near them; Maps, including expanding Live View; and Shopping, adding AR tools for makeup shopping — Google announced today that it’s introducing a slew of new Maps, Search and Shopping features.
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