The Ledger
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Gallagher: TikTok will not go public in US under ByteDance ownership
“If you are invested in ByteDance, I would assume you want TikTok to go public in America. Ah, that's not gonna happen under the current ownership structure.”
George: ChatGPT daily users average 30 minutes per day
“Active daily active users of chat GPT are ready today. Spend like 30 minutes at 20, 28, 29 minutes a day on the product. And, you know, to put that into context, I think Instagram's like 50 minutes a day and, you know, tick tock like Sadly, it's like 70 minute…”
George: Consumer AI reached one billion users faster than any predecessor
“We've now gotten to the point where there's about a billion monthly active users of consumer AI applications, and this has grown significantly faster than predecessor companies, Google, Facebook, TikTok, and in the case of TikTok, they actually grew through, t…”
Khalaf: Average US adults use payment cards more daily than TikTok
“I'll give you a stat. So right now the most addictive product, well, according to the Senate and the Congress, right, is, ah, TikTok. And if you look at its usage, adjusted for the U.S. Population reach, adult population, is 2.1 times a day. But a payment card…”
Moore: TikTok reviewer Keith Lee generates tens of thousands in instant business revenue
“There's so many stories out there now, if you Google him of businesses that were really struggling and he was able to generate tens of thousands of dollars in revenue for them in just one or two days.”
Russian app Travelboast hit #1 in US after gaining 500M TikTok views
“There's one app that hit number one this year called Travelboast. Which is kind of an interactive map where you can visualize all the places you've been. It originated in Russia, but it ended up with five hundred million views on TikTok because people globally…”