Duolingos Generative AI Boosts Revenue and Subscriber Growth

Duolingo, the language-learning app, is reaping the benefits of its investment in artificial intelligence (AI). In the first quarter, the company saw a remarkable 54% surge in paid subscribers, reaching 7.4 million. Additionally, first-quarter revenue increased by 45% to $167.6 million. Generative AI has played a pivotal role in this success. It has accelerated subscription [...]

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Twitter Enables Monetization for Creators

Twitter users can now monetize their content via a new subscription service, allowing creators to charge followers a monthly fee for access to exclusive content. Twitter has partnered with Stripe to payout creators and will take a 3% cut up to $50,000, after which the revenue split drops to 80%. The feature is part of Tesla CEO Elon Musk’s ongoing effort to revamp the social media platform, which includes using artificial intelligence to detect and deter misinformation. (Read More)

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Would You Pay a Monthly Subscription for Additional 'Special' Features on CoinBase? CEO Brian Armstrong Explains Why He Thinks You May...

CEO of Coinbase, Brian Armstrong, explains the exchanges new subscription strategy, plus his expectations for crypto winter, and more.
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Coinbase eyes long-term growth of subscription revenue, NFTs still a focus

Coinbase CEO Brian Armstrong says the exchange has been building subscription revenue streams for three years and will continue to do so into the long term.

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Singapore-based Online Press Initium Media Accepts Membership Subscription in Crypto

Online Chinese-language press Initium media announced the digital media platform had accepted cryptocurrencies to pay for membership subscriptions. (Read More)

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Twitter introduces content creator subscriptions

Twitter now allows content creators to monetize their posts through subscriptions, offering exclusive content to paying followers. Creators can keep 97% of revenue up to $50,000, with a revenue split of 80% after. Twitter has partnered with Stripe to process payments and will use AI to combat misinformation. (Read More)

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