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  • Social Media and marketing updates you should care about today!

    Posted by lazymentors on June 3, 2024 at 1:33 pm

    Top 6 Updates of the Week: 

    • Google confirms the leaked search documents are real. 
    • TikTok denies claims of creating a U.S version of their algorithm, to fight the potential ban.
    • Instagram’s try to make notes feature more interactive with likes, prompts & mentions. 
    • PayPal is launching an ad network, turning user purchase data into ad business.
    • Google addresses AI overviews criticism and how it works on their company blog.
    • Youtube is too angry, it is skipping the whole video or mute for ad-blocking users.

    Trending

    • Sam Altman rumoured to overhaul OpenAI’s non-profit structure.
    • Pinterest expands their Inclusion fund, in collaboration with Shopify.
    • Publishers and Advertisers are demanding Apple to stop the roll out ‘web eraser tool’ as it could potentially impact web advertising.
    • Brave Browser launches Search Ads.
    • Hellmann rebrands Vegan Mayonnaise as Plant-based Mayo.
    • Walmart launches “Walmart Realm”, a new ecosystem to utilise creator recommendations & more.
    • IKEA’s new marketing experiment, make money selling meatballs in Roblox at IKEA. 
    • TikTok’s AI offerings for marketers are getting mixed reactions from agency execs. 
    • Apple and OpenAI sign a new deal to partner on AI development. 

    TikTok 🎶 

    • The gift to creator and businesses: TikTok Studio is here with awesome features.
    • US Court will hear challenges to potential TikTok ban in September.
    • Trump joins TikTok, This was expected.
    • TikTok shares their visionary voices line-up for Pride month.
    • TikTok testing a feature to add product links in videos. 
    • France lifts imposed TikTok ban in New Caledonia. 
    • TikTok is experimenting with DM streaks, trying to be snapchat for Gen Z.
    • TikTok’s AI “Ask” feature seen in the wild.

     Instagram & Threads 🗂️ 

    • Instagram adds ‘limits’ feature allowing users to limit interactions from everyone except close friends. 
    • Instagram’s feature “post quietly to feed” is rolling out to selected users.
    • IG is labelling original content with “Made with AI” tags, photographers are angry.
    • Instagram now offers you to restrict DM requests to only verified accounts.
    • Threads rolls out threads-deck feature to all users globally.
    • Threads API is coming to you in June.
    • IG working on an option that allows users to get access to new features.

    Meta 😅

    • Meta publishes their Transparency Q1 2024 report and what’s trending list for Q4 2023.
    • Meta’s Facebook shares it is attracting most young adult users in past three years.  
    • Meta’s Adversarial threat report for Q1 is out now.
    • Due to privacy concerns, Spain has banned Meta from launching election features on FB & IG.  
    • WhatsApp working on multiple AI features and channel analytics.
    • WhatsApp now supports one-minute long voice status updates.

    X (Twitter) 🕹️

    • Jobs feature is now available for iOS.
    • X removes the ability to block, mute and follow accounts from three dots menu.
    • X and NewsNation are planning live town halls with Trump & RFK Jr.
    • X’s new iOS update comes with upgrades to account analytics, Co-host & more. 
    • X will soon let you enable Auto-play of next video.
    • Engagement on X grew in 2023 despite controversies and backlash against the platform.
    • X’s default bar to include a communities tab.

    Youtube 🕹️

    • YouTube improves search features with more detailed results from video segments.
    • YouTube expands access to In-App games “Playables”. 

    Google 🔦 

    • Google to honor new privacy laws and user opt-outs.
    • Google removes chats feature from business profiles.
    • Google adds opt-in for video enhancements for ads.
    • Google restores News and Discover adter widespread disruption.
    • Google rolls out search profile feature for reviewers.
    • Google Analytics launches direct export to google sheets.
    • Google is now indexing EPUB files.  

    Agency News 

    • L’Oreal UK & Ireland drops WWP for Publicis.
    • Freemans moves £25m media account to indie agency.
    • Betty won two accounts: Minnesota Lottery and Wellmore brands.
    • IKEA hires Dentsu’s CARAT for US Media.
    • Helen of Troy appoints Razorfish as Creative AOR.
    • MediaSense to acquire PwC UK Team.
    • TrunkBBI appointed as Moonpig’s digital PR agency.
    • The Sidemen, Youtube creator group hires PR Agency for FMCG Brand.
    • Creed fragrance selects RocketMill as Integrated media agency.
    • Mediaplus acquires UK’s Total Media Group.
    • Yoto, Children’s Audio Tech Company appoints Insiders Studio to handle creative.
    • Britvic appoints Coolr as Social Agency of Record. 
    • Nvidia appoints Hopscotch USA to run consumer PR account. 

    AI 🤨

    • OpenAI Board forms Safety and Security committee. 
    • Tastemade launches shoppable home improvement series using Shopsense AI.
    • Perplexity AI announces pages, this feature will do the research, writing & reporting.
    • OpenAI Board Chaos: What former board members are revealing.
    • Eleven labs introduces new tool to generate sound effects from text.
    • Mistral releases Codestral, its first generative AI model for Code.
    • Vox Media and OpenAI form strategic content and product partnership.
    • OpenAI launches “ChatGPT Edu” for universities and another offering for non-profits. 
    • Klarna shares they have cut 25% of Agency expenses by using AI.

    Snapchat

    • Snapchat partners with Dentsu to enhance agency’s AI & AR capabilities .
    • Snapchat’s new study sharing insights into brand and performance marketing.

    Microsoft & LinkedIn

    • Microsoft and McKinsey announced a new partnership to launch AI agents.
    • Microsoft Edge’s upcoming feature to recommend websites based on your browsing habits.
    • LinkedIn shrinks link previews for organic posts. 
    • LinkedIn’s new upgraded dashboard for company pages.

     

    Marketing & AdTech 

    • Rakuten enhances its affiliate marketing capabilities with new AI tools. 
    • Telegram now has an In-app Copilot bot. 
    • Quantcast launches Innovative advertising platform, a step toward Open Web.
    • Havas and YouGov expand their data insights partnership to 26 market.
    • Toyota to pull out of Olympics sponsorship as it blasts ineffectiveness of IOC. 
    • Dollar General and Criteo enter a new partnership to enhance retail media offering. 
    • JPA Health acquires medical comms shop BioCentric. 
    • IAB Tech Lab expands Open Measurement SDK to new CTV platform.
    • Twitch is replacing its entire safety advisory council with streamers. 

    I hope this helps to plan your week ahead. Source: The Social Juice newsletter.

    lazymentors replied 11 months, 2 weeks ago 2 Members · 1 Reply
  • 1 Reply
  • lazymentors

    Guest
    June 3, 2024 at 1:36 pm

    OP here!

    I handcurate these Ad recaps and marketing updates every week. I work full-time as a marketer. Only trying to help the community.

    In case, you like this you can join my newsletter: The Social Juice. I send required sources & researches too! (Every Sunday free)

    • ⁠I send orange juice to random subscribers. 🍊

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