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šŸŽ® AppLovinā€™s $900M Move

The SaaS shift behind the big exit...

Welcome to SaaS Wire ā€” your backstage pass to the hottest in software and services!

What weā€™ll cover today:

šŸ’” Googleā€™s AI Age Detector ā€“ Is it privacy-friendly or a step too far?

šŸŽ® AppLovinā€™s $900M Move ā€“ The SaaS shift behind the big exit.

šŸ“… Upcoming SaaS Events ā€“ Where the biggest names in SaaS are headed next!

Google, the big tech company, is testing a new computer program in the U.S. to figure out how old users are. This is to make sure kids have a safer time online.

šŸšØ Breaking News: Google's new AI will look at what websites you visit and videos you watch to guess if you're under 18. If it thinks you are, it will change your settings to keep you safe.

āš”ļø Wire Simplified:

  • Google is using a smart computer program to guess users' ages.

  • It checks things like the websites you visit and videos you watch.

  • If it thinks you're under 18, it will change your settings to protect you.

  • You can prove your age by taking a selfie or using your ID.

  • This is to make sure kids have a safer experience online.

āœ”ļø Straight to the Point: Google's new AI guesses your age to keep kids safe online, but some people might worry about privacy.

AppLovin, a company that helps app makers make money, just had a great end to the year. They also decided to sell their gaming division for a lot of money.

šŸšØ Breaking News: AppLovin's earnings were much higher than expected, and they're selling their mobile gaming business for $900 million.

āš”ļø Wire Simplified:

  • AppLovin helps app creators earn money through ads.

  • They made $1.73 per share in the last quarter, beating expectations.

  • They're selling their mobile gaming division for $900 million.

  • The sale includes $400 million in the buyer's stock and $500 million in cash.

  • They're focusing more on their advertising technology and AI.

āœ”ļø Straight to the Point: AppLovin is shifting its focus from making games to improving its advertising technology, aiming for more growth.

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