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Meet the Competing Apps Battling for Twitter’s Market Share

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infographic showing competing apps taking aim at Twitter

Meet the Competing Apps Battling for Twitter’s Market Share

The Twitterverse is under siege as a flurry of microblogging platforms, keen to capitalize on simmering discontent, vie for its vast user base. Among the most serious contenders are five apps offering diverse solutions, each with their unique appeal.

Five Twitter Alternatives

At the top of the list is Meta’s Threads, a fresh entrant that leverages the success and massive userbase of Instagram. Launched hot on the heels of Twitter’s controversial ‘rate limit’ decision in June 2023, Threads emulates Twitter’s microblogging approach with an Instagram twist. The new kid on the block swiftly amassed over 30 million users on its launch day, posing a credible threat to Twitter’s dominance.

Meanwhile, the decentralized platform Mastodon, which has been running since 2016, continues to challenge the status quo. Its open-source model enables user control over data and privacy, providing an alternative to mainstream social media monopolies. Mastodon saw a big surge in users last year as Elon Musk took control of Twitter—a move that was wildly unpopular with a subset of users.

Another decentralized contender is BlueSky, a brainchild of Twitter co-founder Jack Dorsey. Still in its nascent ‘invite-only’ stage, BlueSky already has a whopping 1.2 million potential users on its waitlist, a testament to its potential to disrupt the social media landscape.

Spill, co-founded by former Twitter employees, is also shaking things up. The platform aims to foster diverse communities rather than mimic Twitter, but the similarities are hard to overlook. Impressively, even though Spill is still invite-only, it has become one of the most downloaded apps on Apple’s App Store.

Lastly, there’s Truth Social, a product of Trump Media & Technology Group. It bills itself as a bastion of free speech. In the aftermath of Twitter’s introduction of a daily post limit by Elon Musk, Truth Social’s servers were overwhelmed by an influx of users seeking an unrestricted social media experience.

As these platforms fight for Twitter’s turf, only time will tell who’ll come out on top. Twitter’s rule remains challenged, but the battle for social media supremacy is far from over.

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What Would $5,000 Invested in Nvidia Be Worth Today?

Small fortunes have been made for those investing in Nvidia stock. But how much would have they earned if they bought before it skyrocketed?

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What Would $5,000 Invested in Nvidia Be Worth Today?

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Investing in Nvidia has been highly lucrative, especially for investors who got in early.

As America’s largest chipmaker, its stock price has soared given its critical role in powering AI. Last year alone, its share price jumped 272%, vaulting it into becoming one of the world’s most valuable companies.

This graphic shows how much a $5,000 investment in Nvidia would have grown over time, based on data from Yahoo Finance.

Investing in Nvidia Before the AI Boom

Below, we show how much an investment in Nvidia would have increased in value over the last several decades:

Year Invested (January 1st)Stock PriceStarting ValueValue Today (as of Feb 15, 2024)
2000$0.77$5,000$4,718,052
2010$3.85$5,000$943,610
2015$4.80$5,000$756,854
2020$59.11$5,000$61,460
2023$195.37$5,000$18,595

For those who bought in 2000, a $5,000 investment would be worth over $4.7 million today, with Nvidia’s stock price rising 94,261% over the time period.

At the time, Nvidia had just invented its graphics processing unit (GPU), which allowed computer graphics to render more seamlessly in video games and video editing. These high-performance units complete complex computing tasks, and Nvidia was creating leading technology at the time.

Over the last decade, Nvidia has increasingly focused on AI technology, with key developments launching as early as 2012. Yet it was not until 2020 when its share price really began to soar as the company’s end customer segments increasingly became data centers and cloud computing, alongside video games.

In fact, since 2020 alone, its share price has soared 1,129%—making a $5,000 investment worth twelve times as much today.

So far this year, its stock price shows no sign of stopping, driven by its outsized role in the AI chipmaking market. Roughly 70% of all chips are sold by Nvidia, outpacing key competitor AMD by a landslide.

The company’s Q4 revenues topped $22 billion, setting another historical record, amounting to a 265% year-over-year increase in revenues. In 2023, Nvidia sold 2.5 million chips with customers including OpenAI, Microsoft, Meta Platforms, and Alphabet. The price range for these chips can span anywhere from $16,000 to $100,000.

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