Plus: Social media updates
Welcome to TC PM! Today we're looking at how the recent U.S. Signal fiasco has affected the messaging platform; we have updates from multiple social media companies; and we learn of a new AI factory being built in Africa. | | | Image Credits: Silas Stein/picture alliance / Getty Images | | | 😼 The copycats continue: Meta's Instagram is releasing a new feature that lets users speed up Reels videos by up to 2x. Does this sound familiar? If you use TikTok, you've likely come across this feature before. 👯 Speaking of Meta: Earlier this year, Mark Zuckerberg teased a return to the "OG Facebook." Now we see the first step toward that goal. The company is introducing a "Facebook Friends" tab that will only show updates from friends. What a concept. Do Instagram next. 🏃 Efficiency agents: Paris-based Twin today announced an automation agent in partnership with fintech Qonto, called Invoice Operator. This is Twin's first agent, and it probably won't be the last. The company thinks there are many industries that could benefit from B2B agentic applications. 🛍️ ShopTok till you drop: TikTok is planning on extending TikTok Shop, its e-commerce platform, to users in France, Italy, and Germany. This marks an expansion of the product in Europe; it has been available in the U.K. since 2021. 🚗 A gift to Tesla: None of the cars Tesla sells in the U.S. will be subject to the 25% vehicle import tax because its factories are in the U.S. That puts it in a great position. As Sean O'Kane writes, "Essentially every other automaker is in a worse position than Tesla, and the tariffs will especially affect competing EVs." | | | Featured jobs from CrunchBoard | | | Has this been forwarded to you? Click here to subscribe to this newsletter. | | | Update your preferences here at any time | | Copyright © 2024 TechCrunch, All rights reserved.Yahoo Inc. 680 Folsom Street,San Francisco,CA | | | | |
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