TikTok’s UK Subsidiary Files Company Financials / Revenues for Europe, UK, Latin America and Africa

TikTok’s UK subsidiary has published its latest financial results covering operations in Europe, the UK, Latin America and Africa. The report shows revenue growth of 38% to $6.31bn in 2024, while the company significantly reduced its operating losses from $1.37bn in 2023 to $484.6m last year.

Filed with Companies House in the UK, these results primarily address financial performance rather than user statistics. However, earlier this year TikTok separately disclosed user numbers for the European Union. The platform reached 159 million monthly active users across the EU by the end of 2024, with its largest markets being France (25.1 million), Germany (24.2 million), Italy (22.8 million) and Spain (21.9 million).

Amit Interviews Robinhood CEO and Co-Founder, Vlad Tenev. Robinhood Gold Economics and more.

The other day I just came across Amit on YouTube and noticed that he sat down and interviewed Robinhood CEO and Co-Founder, Vlad Tenev.

It’s a great interview and really worth the watch.

My favourite part is them talking about the new Robinhood Gold and the economics behind the product.

Vinod Khosla – 90% of VCs Add No Value to Startups

90% of VCs add no value to startups, 70% even harm them.

Just the fact that you got an MBA and joined a venture fund doesn’t mean you can give useful advice to an entrepreneur

If you never built an actual business, you’re not qualified to give advice.

Vinod Khosla is the lead of Khosla Ventures and has invested in some of the worlds largest companies when they were young and in venture capital mode.

Here is the full interview:

Rabbit R1 Video Review from iJustine – Handheld AI Device

Rabbit has just released their new handheld AI device the Rabbit R1. Above is the best review I could find at the moment of the R1 (its from iJustine).

I’m a big fan of this device and have ordered my own, but it probably wont come for some time.

Anyways, take a look at the review and it would be great to hear your thoughts and comments on the Rabbit R1

Notion Q&A AI Explained and the Benefits

Notion Q&A is a powerful AI-powered feature that allows you to ask questions and get instant answers from your Notion workspace. It utilizes natural language processing to understand your questions and provide comprehensive responses based on the information contained within your pages, databases, and other Notion content.

Here’s how Notion Q&A works:

  1. Ask a Question: Simply type your question into the Q&A sidebar or the search bar at the top of your Notion workspace.
  2. Understand Your Intent: Notion AI analyzes your question to grasp the underlying intent and identify relevant information sources within your workspace.
  3. Gather Information: Notion Q&A scans your Notion pages, databases, and other content to gather relevant information related to your query.
  4. Synthesize and Respond: Notion AI synthesizes the gathered information and generates a comprehensive and informative answer to your question.
  5. Continuous Improvement: Notion AI continuously learns and improves its ability to answer questions based on user feedback and interactions.

Notion Q&A offers several benefits, including:

  1. Instant Answers: Gain immediate insights and answers to your questions without having to manually search through your Notion workspace.
  2. Contextual Understanding: Notion AI understands the context of your questions and provides answers tailored to the specific information in your workspace.
  3. Comprehensive Responses: Receive detailed and informative answers that go beyond simple keyword matches.
  4. Uncover Hidden Insights: Discover connections and relationships within your data that you might not have noticed otherwise.
  5. Empower Knowledge Management: Facilitate effective knowledge management and organization within your Notion workspace.

Notion Q&A is currently in beta testing and is gradually rolling out to Notion users. It is expected to become a widely adopted feature due to its potential to enhance productivity and knowledge discovery within Notion workspaces.

How Big is YouTube at the Moment? How Many Active Monthly Users?

YouTube is a massive platform with a vast reach and impact on the global landscape. Here are some key metrics that demonstrate its scale:

  • User Base: YouTube boasts over 2.5 billion monthly active users, making it the second most visited website after Google Search. This vast user base spans over 100 countries, reflecting the platform’s global reach and popularity.
  • Video Consumption: Users collectively watch over one billion hours of video content on YouTube every day. This translates to an average of 13 hours of video consumption per user per month.
  • Content Volume: The sheer volume of content on YouTube is staggering. Over 500 hours of new video content are uploaded to the platform every minute. This equates to an estimated 720,000 hours of video uploaded daily.
  • Revenue: YouTube’s revenue in 2022 reached $29.2 billion, highlighting its commercial significance and the value it generates for content creators and advertisers.
  • Economic Impact: YouTube has a substantial impact on the global economy, creating jobs and generating revenue for creators, businesses, and the broader digital advertising ecosystem.

These metrics paint a picture of YouTube as a colossal platform with a profound impact on the way people consume and create video content. Its vast user base, immense video consumption, and significant financial impact solidify its position as a leading force in the digital landscape.

YouTube advertising revenues grew by 12.5% in Q3 2023

YouTube’s advertising revenues grew by 12.5% year-on-year in Q3 2023, according to parent company Alphabet. This growth comes after a period of decline, and is a sign that YouTube is still a major player in the online advertising market.

One of the key drivers of YouTube’s ad revenue growth is the rise of YouTube Shorts. YouTube Shorts are short-form videos that are up to 60 seconds long. They were launched in 2020, and have quickly become one of the most popular features on YouTube.

YouTube Shorts are popular with advertisers because they are a highly engaging format. They are also a good way to reach younger viewers, who are increasingly spending their time on mobile devices.

In addition to YouTube Shorts, YouTube is also investing in other ways to make its platform more attractive to advertisers. For example, YouTube is developing new ad formats, and is making it easier for advertisers to measure the effectiveness of their campaigns.

YouTube’s ad revenue growth is good news for both YouTube and its creators. YouTube creators rely on ad revenue to make a living, so the more ad revenue that YouTube generates, the more money that creators can earn.

Overall, YouTube’s ad revenue growth in Q3 2023 is a positive sign for the platform. It shows that YouTube is still a major player in the online advertising market, and that it is investing in ways to make its platform more attractive to advertisers.

The Top 10 Generative AI Projects at the Moment

Generative Artificial Intelligence (AI) is a field of machine learning that involves creating machines and algorithms that can produce new and original content. From art and music to literature and video games, generative AI is changing the way we think about creativity. Here are the top 10 generative AI projects that are pushing the boundaries of what’s possible:

  1. GANs for Art: Generative Adversarial Networks (GANs) are one of the most popular types of generative AI algorithms. They work by pitting two neural networks against each other. One network generates new content, while the other network tries to determine if the content is real or fake. Artists are using GANs to create realistic portraits, landscapes, and other types of art.
  2. OpenAI’s GPT-3: GPT-3 is the latest natural language processing model developed by OpenAI. It can generate human-like text, translate languages, and even answer complicated questions. With over 175 billion parameters, GPT-3 is one of the most advanced AI models in existence.
  3. Magenta: Magenta is a Google project that uses machine learning to create music and art. It includes a variety of tools for musicians and artists, including a neural network that can generate new melodies and harmonies.
  4. AI Dungeon: AI Dungeon is a text-based adventure game that uses GPT-3 to generate new storylines and characters. Players can input their own prompts and watch as the AI generates an entirely new adventure.
  5. GANs for Fashion: GANs are also being used in the fashion industry to create new designs and styles. Designers can input different parameters, such as fabric and color, and watch as the GAN generates new clothing items.
  6. GANs for Video Games: GANs are being used to generate new video game levels and characters. By inputting different parameters, game designers can create entirely new worlds and experiences.
  7. DeepDream: DeepDream is a Google project that uses neural networks to generate psychedelic and surreal images. Users can input their own images, and the AI will generate new, dream-like versions of them.
  8. Generative.fm: Generative.fm is a website that uses AI to generate ambient music in real-time. Users can customize the music by adjusting different parameters, such as tempo and mood.
  9. GANs for Medical Imaging: GANs are being used to generate realistic medical images, which can be used for training medical professionals and developing new treatments.
  10. GANs for Architecture: GANs are also being used in the architecture industry to generate new building designs and layouts. By inputting different parameters, architects can create entirely new buildings and structures.

As generative AI continues to advance, we can expect to see even more exciting projects and applications in the coming years. From art and music to medicine and architecture, the possibilities are endless.

Outertone Chill – Amazing Chillout Music to Help Relax, Focus on General Background

Over the past 3 months or so we have been running a new YouTube project at RouteNote called Outertone Chill.

The channel is dedicated to Chillout music of all kinds of genres.

The aim of the project to sign and create amazing chillout tracks that can help people relax day to day, focus, or just general background music for their day at work.

If you get a chance please take a look at the channel and it would be great to hear your feedback.

Carlos Alcaraz – Point of the Tournament at the US Open 2022

Carlos Alcaraz is a beast on a tennis court and he is now through to the Final of the US Open (where if he wins he could also become the number 1 player in the world).

This video really shows you why he is one of the best players in the world. His ability to get every ball and make his opponent his an extra shot is simply amazing.