Apple's Siri Embraces Google | Crunch Report

TL;DR

Instagram boasts 800 million monthly users and 500 million daily users, with a significant increase in time spent viewing videos. Also, SAP has acquired Giga for $350 million to strengthen its e-commerce division.

Transcript

taking a look at instagrams impressive growth numbers s AP is buying Giga for 350 million the Levi's Google collab connected jacket and more it's Monday September 25th and this is crunch report what up everybody happy Monday hope you all had a good weekend I made a brisket and ate it and it was delicious alright here's the news Instagram is a behem... Read More

Key Insights

• 👤 Instagram has experienced immense growth with 800 million monthly users.
• 🎮 The platform's increase in video viewing time indicates its growing popularity for video content consumption.
• 😀 SAP's acquisition of Giga for $350 million showcases the importance of customer identity and profile management in the e-commerce industry.

Questions & Answers

Q: How many users does Instagram have on a monthly and daily basis?

Instagram has 800 million monthly users and 500 million daily users, making it a massive social media platform.

Q: What is the significance of Instagram's increase in video viewing time?

With an over 80% year-over-year increase in time spent viewing videos, Instagram has become a popular platform for video content consumption.

Q: What was the value of the acquisition deal between SAP and Giga?

SAP acquired Giga for $350 million, reinforcing its e-commerce division with the help of Giga's expertise in customer identity and profile management.

Q: Why is Apple changing its default search provider for Siri?

Apple has decided to switch from Bing to Google as the default search provider for Siri's web and video searches, citing a desire for consistency.

Summary & Key Takeaways

• Instagram has 800 million monthly users and 500 million daily users, with video viewing time up by 80% year-over-year.

• TechCrunch reports that SAP has acquired Giga, an identity and profile management firm, for $350 million. The deal is expected to close in Q4 2017.

• Apple is changing its default search provider for Siri to Google, while image results will continue to be handled by Bing.