šŸŖ The cage match is here

Good morning, friends. Itā€™s July 13th, aka - the day when you remember all the stuff you forgot to buy during Prime Day yesterday.

AJoey from friends remembering something

Ya hear that? Itā€™s the sound of regret ringing in these ears.

Alright, alright, letā€™s get to the good stuff.

In the oven this week:

  • šŸ§µ The cage match is here

  • šŸŖ Cookie crumbs: 6 bite-sized headlines

  • šŸ—³ļø Poll of the week: is the AI hype dying?

  • šŸ’¬ Tweet of the week: the kinda friends we want

  • šŸ« Chocolate chips: 3 of our favorite finds

  • šŸ˜‚ Snickerdoodles: memes for the weekend

FRESHLY BAKED

THE CAGE MATCH IS HERE

You know when itā€™s time to watch your friend do his presentation to the class and you just know he cobbled together some junk at 2am the night before?

You wanna look away, but ya just canā€™t.

Well, we wanted to finally turn the page on this whole Zuck/Elon gobbledygook, but itā€™s just too good to ignore.

What can we say, we love a good circus. Sign us up!!!

Also, why did people ever stop saying, ā€œgobbledygook?ā€ We are dying laughing rn.

Ok anyway, get your ice creams ready - hereā€™s the scoop:

So last week, Zuck announced Threads, right? Seems like itā€™s been going pretty well, ā€˜cause heā€™s been on Threads shouting his stats all day long:

Zuck 10 mil
Zuck 30 mil
Zuck 70 mil

Guyā€™s acting more surprised than Taylor Swift at an awards show:

tswizzle

Elon was probably getting kinda agitated at this point, especially ā€˜cause Twitter only has about 250M daily active users to begin with.

So what does he do?

He sends Zuck a letter.

Not the kind youā€™re sending to your pen pal, but more like a cease and desist.Ā 

He says Meta is stealing Twitter trade secrets because theyā€™ve hired a bunch of former Twitter employees to work on Threads.

Metaā€™s response?

ā€œThatā€™s just not a thing.ā€

Meta's smackdown

Pure gold.Ā 

At the same time, Zuckā€™s out here responding to Threads, and ends up kinda taunting Elon:

Zuck taunting Elon

And of course, Elon takes the bait and goes on the offensive:

Billionaires, theyā€™re just like us when they canā€™t think of a good comeback!

With Threads blowing up, reports start surfacing that Twitter traffic is down.

SimilarWeb reports Twitter's web traffic was down -5% WoW and -11% YoY, sending Elon and Twitterā€™s new CEO on the defensive:

Someoneā€™s pushinā€™ fake news out hereā€¦ šŸ§

Still, the juryā€™s out on whether Threads will be a hit.

Even if it is, itā€™ll take time for Threads to bootstrap a new ecosystem and build novel features. But, unlike Twitter, Meta is known for being an execution machine - so if anyone has a real chance at dismantling Twitter, itā€™s them.

Looks like the billionairesā€™ cage match has started, and we are here for the entertainment. LFG!!

COOKIE CRUMBS

BITE SIZED HEADLINES

ChatGPT traffic is declining as the novelty wears off. Traffic is down 10% month over month. Itā€™s summer and the kids are officially out of essays to write.

Google is finally coming after Calendly: in Gmail, you can now send other recipients open slots from your Google calendar. When people get the email, they can tap into one of the available times to set up a meeting automatically. At long last!! I can practically hear the VCs scrambling to their laptops.

Remember the Reddit blackout? Well, in their latest act of protest, moderators are marking their subreddits as NSFW, since this makes the subreddit ineligible for advertising and hurts Reddit's business. Reddit is pissed and now threatening to kick mods off the platform if they donā€™t reinstate their subreddits. The saga continues, and we are just waiting with the popcorn šŸ˜‚

Microsoft just beat the FTC in court, with the judge ruling that they can go ahead with their $75B Activision Blizzard acquisition. Still looming later this month: a hearing with UK regulators, who rejected the merger in Aprilā€¦.

Mercedes Benz is adopting Tesla's EV-charging standard, bringing Tesla even closer to being the mainstream EV charging standard. Ford, GM, and Rivian have also hopped on the Tesla bandwagon.

TikTok is letting their employees cash out on stock by allowing them to participate in future stock buyback programs. Pretty sweet for employees that have been in the trenches for years just waiting for that IPO.

POLL OF THE WEEK

IS THE AI HYPE DYING?

Letā€™s hear it, are people tired of AI or is SimilarWeb just trippinā€™? How often are you using AI chatbots this month vs previous months?

Sound off šŸ‘‡šŸ½

Login or Subscribe to participate in polls.

FROM THE COOKIE JAR

TWEET OF THE WEEK

atweet about friends

A great heuristic to figure out who to spend more time with - who's giving you energy and who's draining it away from you?

CHOCOLATE CHIPS

OUR FAVORITE FINDS

SNICKERDOODLES

THURSDAY MEMES

Ā šŸ˜‚Ā 

Ā 

That's all we got for ya this week, folks. See ya next Thursday!

If you enjoyed this, we'd love it if you'd fwd to a friend! We don't gate keep here - spread some of these sweet treats. šŸ™šŸ¾

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