??? Twitter Battles Threads with Cash Payouts

Hello, Marketers.

In today's quick-fire round-up:

?? Twitter Pays Tweeters Ad Revenue

?? Threads To Enable Paid Partnerships

?? TikTok Ventures into Streaming

?? Google's Bard Arrives in Europe

?? Amazon's Record-Breaking Prime Day

Update: A more recent edition was published on LinkedIn on July 31st

https://www.dhirubhai.net/pulse/see-your-competitors-tiktok-ads-kole-ogundipe

Twitter is now paying creators for a share of the ad revenue earned from ads in the replies to their posts. The first round of payouts will total $5 million and will be cumulative from February. Creators with over 5 million impressions in the last 3 months can join and the payouts are determined by tweet impressions. Twitter will hope the financial incentives keep their users from switching to Meta's Threads. (Tech Crunch ?↗?)?

Threads is working to quickly enable ‘paid partnership labels’ to allow brands to sponsor posts.?Brands can’t run ads because Meta wants to focus on getting toward a billion users before considering monetization through ads. In the interim Threads will get Instagram’s ‘Branded Content’ features so brands can properly disclose any paid partnerships with creators.?(Axios ?↗?)

TikTok moves into music streaming.?Users in Brazil and Indonesia now have access to TikTok Music, described as “a new kind of service that combines the power of music discovery with a best-in-class streaming service”. While in the U.S., TikTok is testing a new feature that shows "Hot 50" and "Viral" music charts. (Business Insider ?↗?)

Google's AI chatbot, Bard, is expanding to Europe and Brazil after its March launch in the U.S. and the UK.?The expansion was delayed due to privacy concerns raised by the EU data regulator. Bard now has new features worldwide, such as being able to speak responses, respond to images, and adapt its tone. (BBC ?↗?)

Amazon announced a record-breaking Prime Day.?The first 24 hours of its Prime Day event marked the “single largest sales day in company history”. The two-day event was the “biggest Prime Day ever.” In total consumers in the U.S. spent an estimated $12.7 billion. (Tech Crunch ?↗?)

SNIPPETS

????TikTok?is?testing a Shop feed ?(alongside For You, Following)

???? The European Parliament is?auditing?Google ?for misleading YouTube advertisers

???Roku?has a new deal ?with Shopify to buy products with your TV remote

???Shopify?stores can offer interest-free payments ?to customers

???Elon Musk?has a?new company , xAI

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