Social Media Surpasses Traditional News Sources
Social Media Surpasses Traditional News Sources
馃摫 TikTok Ate The News
Social networks have become the primary news source globally, with 54% of people now getting their news from platforms like Facebook, X, and YouTube according to the Reuters Institute. This marks a significant shift as social media overtakes both television (50%) and traditional news websites/apps (48%).
The trend follows earlier indicators, with a CNBC report showing 1 in 5 Americans were already relying on social media influencers for news by late 2024.
- Facebook, X, and YouTube lead news consumption
- TV news drops to second place at 50%
- News websites/apps fall to third at 48%
This shift highlights the growing influence of social platforms in shaping public information consumption and discourse.
More than half (54%) of people get news from networks like Facebook, X and YouTube - overtaking TV (50%) and news sites and apps (48%), according to the Reuters Institute.
AI Implementation Faces Employee Resistance in US Workforce
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Microsoft Profits from Every ChatGPT Interaction
Microsoft CEO Satya Nadella revealed that the company generates revenue from each ChatGPT interaction. This statement comes after Microsoft's strong financial performance, showing: - 30% growth in Azure cloud services - 49% increase in gaming revenue The company's strategic AI investments appear to be yielding significant returns, positioning Microsoft as a key player in the AI infrastructure space. *This development follows Microsoft's substantial investment in OpenAI and integration of their technology across Microsoft's product suite.*
JPMorgan Market Prediction Model Shows 6-Month Positive Outlook
JPMorgan's latest market prediction model indicates a favorable environment for equities over the next 6 months, according to CNBC. This aligns with their January outlook, where Gabriela Santos expressed cautious optimism about economic conditions. Key points: - Positive equity market forecast through end of 2025 - Consistent with JPM's earlier cautiously optimistic stance - Based on their proprietary prediction model
Canadian Wage Growth Surpasses Inflation Rate
Statistics Canada reports that average wages are now outpacing inflation, marking a significant shift from December 2024 when wages lagged behind rising food costs. This development suggests improved purchasing power for Canadian workers, though the impact varies across sectors and regions. The trend reversal comes after months of economic pressure on household budgets.
JPMorgan Shifts Market Stance
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