It's Stacking Up

Substack launches a Twitter competitor, Meta announces generative-AI ads, Google Play requires easy data deletion

Good morning! Twitter has added a "state-affiliated media" warning label to NPR, adding it to the likes of Russia's RT and China's Xinhua. Who from NPR pissed off Elon? ๐Ÿคญ

๐ŸŒถ Highlight of the day ๐ŸŒถ

Substack unveiled Notes, a Twitter competitor. Users can publish posts that appear in a new dedicated tab. Substack claims it won't run ads, which if true means the logic is two-fold: (1) convert casual readers into paying subs; and (2) create on-platform engagement that drives network effects (recommendations) to build a competitive moat ๐ŸŒŠ

 โ™จ๏ธ Hot off the press launches

Big tech

  • Google Play adds requirement for easy data deletion from apps 

  • Google launches a DIY security system in partnership with ADT

  • Microsoft Edge tests letting users share multiple browser tabs

  • Meta announces that its working on generative-AI ads

  • Robinhood to increase FDIC Insurance to $2m

General and early-stage

  • Mozart announces a free tier for its data analytics product 

  • Notion ships Button functionality

  • Adthos launches an AI platform to automate creating audio ads

  • Forest Admin ships a cloud based low-code internal tool builder

  • Hyve publicly launches its social savings app for Gen Z  

๐Ÿ” Other good finds

  • Optimal. Results from Substack's round-number pricing experiment

  • Luck of the Irish. Stripe's growth slows down

  • Bootstrapped. How SaaS businesses can use ChatGPT for marketing

๐Ÿงˆ Twitter nugget

Thanks for reading! If you've got any comments or feedback, please hit reply - I'd love to hear from you :)

-  Amol