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What’s In This Email

• BeReal acquired for €500 Million

• LinkedIn’s AI Job Coach

• Kendrick vs Drake finale at LA concert

• The best french fries you will ever eat

• Notable Spotlight: Tina - The Tina Turner Musical

• Notable Plug 🔌 

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BeReal Acquired for €500 Million: What’s Next for the Fleeting Photo Sharing App?

BeReal, the app that took the social media world by storm with its unique photo-sharing concept, has been acquired by French developer Voodoo for €500 million. Despite its initial popularity, BeReal faced significant challenges, leading to this strategic move.

Key Takeaways

• Acquisition Details: Voodoo has purchased BeReal for €500 million (around $735 million), aiming to rejuvenate the app's growth and innovation.

• Rise and Fall: Launched in 2020, BeReal gained traction in 2022 but saw a steep decline in monthly active users from 15 million in October 2022 to 6 million by March 2023.

• New Features: To combat declining interest, BeReal introduced features like private groups, a “bonus” BeReal, and a RealPeople feed featuring celebrities and brands.

• Leadership Change: Founder and CEO Alexis Barreyat is stepping down, to be replaced by Aymeric Roffé, CEO of the Voodoo-owned social app Wizz.

• Current User Base: Voodoo claims BeReal now has over 40 million monthly active users, with half using the app at least six days a week.

Why This Matters: The BeReal acquisition underscores the dynamic nature of the tech and social media landscape. It’s a reminder of how quickly digital trends can rise and fall, and the importance of innovation in maintaining relevance. This move by Voodoo could breathe new life into BeReal, offering fresh features and a renewed focus on growth. Keeping an eye on such developments can provide insights into the future of social media and potential new trends to watch.

Read the full article here.

LinkedIn’s AI Job Coach: Your New Best Friend in Job Hunting

LinkedIn is stepping up its game with a suite of AI-powered tools designed to simplify the job search process for its premium users. From personalized resumés to AI-assisted cover letters, these new features aim to make job hunting less tedious and more efficient.

Key Takeaways

• AI-Enhanced Job Search: Premium users can now search for jobs with conversational queries, like “find me a marketing job that’s fully remote and pays at least $100,000 a year.”

• Personalized Resumé Feedback: LinkedIn’s AI analyzes your resumé and the job description to offer specific suggestions for improvements and highlight relevant experiences.

• Cover Letter Assistance: The AI can generate cover letters tailored to your profile and the job you’re applying for, making it easier to apply for multiple roles quickly.

• User-Friendly Start: These tools are intended to help users who struggle with starting their applications, providing a solid foundation to build upon.

Why This Matters: LinkedIn’s AI tools can save valuable time and reduce the stress of job searching. By streamlining the process and offering personalized assistance, these features can help you put your best foot forward in a competitive job market. Embracing these innovations could be the key to landing your next dream job.

Read the full article here.

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Tina - The Tina Turner Musical

TINA – THE TINA TURNER MUSICAL is now on stage at the CAA Ed Mirvish Theatre through July 28, 2024.

mirvishproductions

View more on Instagram

One of the world’s best-selling artists of all time, Tina Turner has won 12 Grammy Awards and her live shows have been seen by millions, with more concert tickets sold than any other solo performer in music history.  

Featuring her much loved songs, TINA – THE TINA TURNER MUSICAL is written by Pulitzer Prize-winning playwright Katori Hall and directed by the internationally acclaimed Phyllida Lloyd.

Get Tickets

🔌  NOTABLE PLUG

🎙️ Get Into It: Secretly Incredibly Fascinating podcast. A weekly podcast about the history, science, lore and surprises that make everyday things secretly incredibly fascinating. Hosted by comedy writer, emoji creator, and ‘Jeopardy!‘ champion Alex Schmidt. Join Alex & his co-host Katie Goldin for a joyful deep dive into seeing the world a whole new way! Listen on Apple or Spotify.

📄 Notable Hires: Store Director @ Moncler (full-time, Toronto)

🎓 Hope This Helps: Fulgent AI. The Most Advanced AI Headshot Generator. Fulgent AI uses the latest technology to ensure that the generated images closely resemble actual photographs, making them suitable for professional use.

🌍 Notable Destinations: Pro tip! Plan your vacation budgets well in advance because Canadians are paying more for airfares as summer ticket prices jump.

🧠 Today We Learned: that 1/4 of the worlds hazelnuts are used by Ferrero, the company behind Nutella and related candies.

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ABOUT NOTABLE
Notable Life is Canada for young professionals, entrepreneurs, and culture generators operated by The Notable Group. Notable Daily inspires ideas and sharpens the minds of over 40,000 top-tier professionals in competitive industries.

Disclosure: While we utilize artificial intelligence (AI) to assist with certain aspects of content development, all information provided in our content is thoroughly vetted and edited by our team of humans. We strive to ensure the accuracy and reliability of all information. However, we recommend that readers conduct research or seek professional advice to make informed decisions. This email may contain sponsored content.