Twitter Use Back on An Upswing; Instagram Use Balloons; Mattel ‘Alexa for Kids’ ComingPosted: April 26, 2017
Twitter is still a rather shaky proposition to Wall St. types, but did add 9 million users last quarter, the most since early 2015. Recode.net says they also made 11 cents a share on $548 million in revenue, beating the expected penny a share on $512 million for the quarter. Importantly, daily active users went up 14% year over year. Twitter doesn’t release the number of active users, only the percentage, but 14% growth is a good sign. Twitter claims about 328 million users.
Meanwhile, at Instagram, they now boast 700 million users, and added 100 million the last 4 months. Engadget.com reports that the last time they put on that many new users it took 6 months. If they can keep adding at that pace, they will be the second social network to pass a billion users, like parent Facebook has.
Mattel is about to release Aristotle, a $349 voice-activated speaker launching in May that functions like Google Home or Amazon Echo devices, but for kids. Aristotle is built to live in a child’s room—and answer a child’s questions. Think a combination of: a nanny, friend, and tutor, equally able to soothe a newborn and aid a tween with foreign-language homework. It’s an AI to help raise your child. Mashable.com says they have particularly worked on making little voices understandable to it and making it as hack proof as possible…since it’s equipped with a camera that streams video to your phone.