A new month means a new Social Update. And March has been very busy for Meta: lots of new features, updates and security measures.
Meta.
Meta introduces a new update called "Take it Down”. This allows young people to take back control of their intimate images. Take It Down assigns a unique hash value - a numeric code - to their image or video, privately and directly from their own device. Once they submit the hash, they can use these hashes to find any copies of the image, delete them and prevent future content from being posted on our apps.
As with Twitter, a blue checkmark is now available on platforms such as Instagram and Facebook. The Meta Verified service costs $11.99 a month on the Internet. Subscribers must identify themselves with an official ID card. At this moment, there is a waiting list for those who wish to make use of the new feature.
Unfortunately, Meta has also indicated that a new round of layoffs will take place. Furthermore, the company wants to focus more on AI products. Mark Zuckerberg announced late last month that the company was bringing many of its AI specialists under one roof to form a unit in an effort to "ramp up" its work in this sector.
Google.
Speaking of AI, Google launched a new AI chatbot named Bard. You can already sign up to get on the waiting list at https://bard.google.com. The difference between ChatGPT and Bard is that ChatGPT types out the answers to your question word for word, while Bard produces texts in an instant.
YouTube.
YouTube recently launched a revenue model for Shorts that allows creators to earn money from their content. The fees are still relatively minimal, but the model does seem to work much better than that of TikTok and Instagram, for example.
How it works is that YouTube pools all revenue from Shorts ads and then distributes about half of that money to the best Shorts creators, based on number of viewers, eligibility, etc.
Pinterest.
Pinterest is testing an interesting new spotlight position ad, amidst the search pages. Premiere Spotlight could be thought of as a kind of "Instagram or Snapchat Story" but for ads.
It is an attention-grabbing ad option that will no doubt be popular for large companies. Pinterest has not yet announced the official cost of the Premiere Spotlight, but it appears to be a premium option, which may make it a less attractive option for smaller businesses.
A few months ago, Pinterest launched the new "Shop” feature. This upgrade allows you to buy the advertised item right through the app. This feature is going to play an increasing role on the app.
Pinterest says "We want Pinners to be able to shop everything they see on Pinterest and retailers are an important part of making that possible. In the past year, we have seen a 66% increase in retailers uploading or integrating their digital catalogs on Pinterest.'