Happy Monday! ByteDance's revenue grew to $80 billion in 2022, which equates to around 1/3 of Google's and 70% of Meta's revenues. A wild stat is that TikTok only makes up 12% of ByteDance's revenue - it's one diversified behemoth 🐉

🌶 Highlight of the day 🌶

Read launched an AI-powered meeting summary feature. The meeting intelligence tool's new feature trims meeting recordings into two-minute TikTok style clips which cover highlights from the meeting. Not a bad way to let people skip meetings and skim through to catch up on the important bits 🏃

 ♨️ Hot off the press launches

Big tech

• Google updates Bard to better answer math and logic questions 

• Google rolls out new file limits on Google Drive 

• IG lets users save posts into 'collaborative collections' with friends 

• Apple ships a "Dim Flashing Lights" feature on Apple TV

• Hulu rolls out a new UI on TV with a vertical sidebar 

General and early-stage

• General Motors to cut off support for Apple's Carplay in future EVs 

• Writer launches an AI-recap tool for content marketing

• Fetch ships a new in-wallet notification feature 

• Beehiiv overhauls its core editor experience

• Playboy unveils a creator platform to challenge OnlyFans

🔍 Other good finds

• Price is right. Why discounting is a cancer to sales growth

• WW3. AI theorist says nuclear war preferable to rise of AGI

• The black. Gamestop records first profit in years after cutting e-commerce

🧈 Twitter nugget

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- Amol