Tech Brew Ride Home Wed. 07/31 – CapCut Ascendant
Jul 31, 2024
Microsoft experiences a major earnings pullback, while CapCut is boldly disrupting the creator tools space, posing a threat to Adobe and Canva. Amazon ramps up its speedy delivery service, reaching even the most remote areas. The conversation also highlights an innovative AI wearable device designed for companionship, sparking both curiosity and skepticism. Dive into the latest tech trends and discover how companies are adapting in this fast-paced digital landscape.
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Episode notes
Meta Pivots from Celebrity Chatbots
- Meta abandoned its celebrity AI chatbots due to low user engagement.
- They're now focusing on AI Studio, allowing creators to customize their own AI avatars.
CapCut's Rise in Video Editing
- CapCut, ByteDance's video editing app, has over 318 million monthly active users outside China.
- Its streamlined interface and TikTok integration are disrupting Adobe and Canva.
Content Creator Prefers CapCut
- Lifestyle content creator Jalen, with nearly 20,000 TikTok followers, prefers CapCut.
- He finds its user-friendly interface and readily available templates for TikTok convenient.