Anthropic debuts iPhone app

🤳2nd May 2024 | Snapchat introduces innovative AR Ad tools, US media consumption dropped in 2023, and more!

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AI

📱Anthropic unveils upgraded iPhone app and premium business plan

Anthropic debuts an iPhone app and premium business plan dubbed "Team." The plan grants businesses advanced access to Claude 3 AI models, empowering them with admin controls and a substantial 200,000-token context window. Meanwhile, the iOS app delivers real-time image analysis and seamless synchronization with the web client for enhanced user experience.

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OUTLOOK

🛍️ Retail Apocalypse: 45K+ Stores to Close in 5 Years

UBS analysts foresee a seismic shift in retail, with over 45,000 stores potentially shuttering in 5 years due to soaring online sales. Influential factors include constrained lending, escalating operational costs, and evolving consumer preferences favoring services. Major closures, like Foot Locker and Bed Bath & Beyond, underscore the urgency for retailers to invest in omnichannel strategies for survival. 

SOCIAL MEDIA

🚀 Snapchat Introduces AI-Powered DM Editing Feature

Snapchat unveils innovative AI-driven updates, including custom Bitmoji clothing creation and chatbot reminders. Users can now edit DMs, enjoy '90s-themed Lenses, and utilize Map Reactions for location-based interactions. Snapchat+ subscribers gain early access to chat edits. 

PERFORMANCE MARKETING

📉 US media consumption dropped in 2023, breaking streak

Source - Media Post

In 2023, U.S. consumer time with media decreased for the first time, down by 0.4% to 76.69 hours weekly, while globally, it rose slightly by 0.3% to 56.15 hours. PQ Media's 2024 report reveals this trend, highlighting ad-supported media's declining share. Media consumption is predicted to surge in 2024 due to events like elections and the Olympics, but ad-supported media faces a future decline, tipping by 2028. 

👻 Snapchat Unveils Enhanced AR Ad Tools at NewFronts 2025

Snapchat introduces innovative AR ad tools at NewFronts 2025, highlighting seamless AR integration. "AR Extensions" enable direct integration of AR Lenses and Filters into ads while Automation expedites Lens creation, transforming 2D catalogs into try-on experiences swiftly. Generative AI simplifies AR creation, while partnerships with Live Nation and sports leagues promise exclusive content. 

BRAIN TEASER

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What is as light as a feather, yet no person can hold it for long? What am I?

The answer is: Your breath

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