Happy Monday! Netflix’s password sharing crackdown is raking in the subs. Since turning the feature on, they’re averaging a 100%+ daily lift in new subs compared to the prior 60 days. Well done, Netflix growth PMs 👏

🌶 Highlight of the day 🌶

Wealthfront shipped a robo-investing product for bonds. Bond investing is popular with institutional investors, but comes with complexity and liquidity challenges that make it hard for individuals to join the fun 🎉

Offering an estimated 5.48% net yield, Wealthfront’s bond product invests in a mix of short and long-term treasuries, as well as corporate and floating rate bonds.

In a high inflation world, there’s growing consumer appetite for this class of product that offers higher returns without excessive risks 💰

♨️ Hot off the press launches

Big tech

• Uber announces a car sharing service for North America 

• Linkedin launches AI-powered ad copywriting support

• Adobe rolls out its Firefly AI tool to enterprise customers

• WhatsApp ships a one-to-many Channels feature 

• Instagram tests an AI chatbot with 30 different personalities

• Open AI rolls out ChatGPT on iPad

General and early-stage

• Oura launches a ‘Circles’ health journey sharing feature 

• Apollo kills its Reddit browsing app due to API pricing 

• GM to follow Ford’s lead and adopt Tesla chargers 

• Webex unveils meeting recap AI summaries

• Cowboy ships built-in Google Maps for its e-bikes 

🔍 Other good finds

• No tricks. Product-led growth as a major motion

• Degree free. Linkedin nudges recruiters to search based on skills

• Long life. AI-powered robots are now giving eyelash extensions

🧈 Twitter nugget

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- Amol