Briefing: Google Maps' new rival and ChatGPT usage declines
Plus: NYT bans LLMs, a new tool for multi-user collaboration, TikTok shuts off its algorithm
Hi product people đ,
Despite Zoomâs recent return to office mandates, a big chunk of product development work still happens remotely. And one of the challenges of remote work is collaboration: designers shaping the scope of features with engineers, PMs communicating the vision to team members or engineers pair programming. Now, a new product we discovered this week is specifically designed to make remote collaboration easier. Multi is a Mac desktop app designed to help teams âbuild software, faster, togetherâ. Features include multicursor shared control which allows users to see everyoneâs cursor at the same time, invisible calls designed to make users feel as though theyâre working side by side and a feature called shared control which transforms any app into âmultiplayerâ experience. The product is currently in a beta phase but you can see it in action and find out more here.
Other new products on our radar this week include a new release from productivity tool Allo. OKR by Allo is designed to help teams make their OKRs more visual and engaging. The new feature also allows users to plug their OKRs into other documents, including whiteboards.
Meanwhile, Microsoft has confirmed a new default theme and font is on the way. A new entry into the companyâs transparent roadmap shows that Office apps including Excel, Word and Powerpoint will all get a new theme and color palette - plus, theyâre also getting the companyâs new default font. Aptos will replace Calibri across Microsoftâs suite of apps, the first change in over 15 years. In a blog post outlining the new font, Microsoftâs Principal Program Manager Si Daniels explained that Aptos was chosen after the company commissioned 5 new fonts in 2021 and asked users for feedback. The new font is designed to âinduce trustâ and be âmore engagingâ to read.
In other Microsoft news, the company has confirmed it is to set aside its differences and work alongside competitors including Meta and Amazon on the development of a new maps alternative to Google. For a breakdown of why this is happening, check out this excellent piece of analysis.
Enjoy the rest of your week!
Essential reads for product teams
Latest from the Department of Product Substack
Product Database: Project Management tools
In this edition, weâre focusing on project management. Product development teams need to get stuff done - and even if you donât have a dedicated project manager in your team, these tools should still come in handy for keeping track of work all in one place. (Department of Product)
Tools you can use
Beeper - put all your chats in one app
Echo - turn user feedback into actionable tasks
Qatalog - a central system for your team
Matter - everything you read on the web in one place
UX - How to do tree testing for navigation hierarchyÂ
Developing an effective navigation hierarchy is a challenge. Even when following best practices for understandable information architecture, you cannot be sure that your categorization and labeling choices will make sense to your users. (NN Group)
Strategy - What to do when product growth stalls
At first, everything seems rosy. The growth rate of a new product is spiking, and growing quickly, maybe even hundreds of percentage points a year. But weirdly, a year or two in, thereâs some softness in the latest numbers. Maybe itâs seasonality, or maybe something else. But worryingly, it keeps slowing. (Andrew Chen)
Report - The latest SaaS pricing trends
The report is based on over 3,000 transactions processed on the Vendr platform for Q2, totaling over $240 million in SaaS spend. We reviewed the report and uncovered some valuable insights for you. (
)Interview - How to build a great company culture
Angela Ahredts, Eric Schmidt and Uber CEO Dara Khosrowshahi sit down with host Bob Safian to discuss how theyâve built and rebuilt great cultures at Apple, Uber, Google and more
Â
New product features, launches and announcements this week
Google Slides is getting native annotations support for presentations. The new pen tool will allow users to circle, underline, draw connections or make notes directly onto presentations. Very helpful indeed.
Substack is now allowing users to follow writers without subscribing to their newsletter. The subscribe button will remain the primary CTA on profiles but following a user will allow people to stay up to date with their Notes and likes. âWe have big plans in this area, and you can expect much more to come in the months ahead.â says Substack in a post outlining the changes.
TikTok is allowing users to shut off its algorithm by making it optional in the EU. The design changes are necessary to protect peopleâs right to âcognitive libertyâ.Â
WhatsApp is introducing screen sharing during video calls. The feature will work across OS, too so that Android users can share with iOS users.
The New York Times has updated its terms of service to prohibit its content being used to train artificial intelligence models. The move follows other companies including Spotify who also updated their own terms to prohibit the practice.Â
đ Product data and trends to stay informed
ChatGPTâs web users fell for the first time ever in June with 97 million visits - a 7% drop. New user sign ups fell by almost a third. A sign of GPT-fatigue or seasonality?
DAUs for Threads have plateaued at around 23 million users - a ~50% drop from highs of 49 million shortly after its launch.
More than 80% of TikTok ownerâs revenue comes from its domestic operations in China - in part thanks to its video-sharing app Douyin.Â
Unicorns are becoming a mythical creature in the startup world again. July saw just 3 new companies reach the $1 billion valuation necessary. In December 2021, 67 companies achieved the milestone.Â
Thumbnail creators are charging up to $10,000 per thumbnail - but AI is a major threat.
Dates for your diary
Keeping track of everything thatâs going on in the tech calendar is tricky. Hereâs a bunch of stuff coming up:
SaaStr Annual 2023 - September 6-8, 2023
TechCrunch Disrupt - September 19, 2023
Code Conference - September 26-27, 2023
Web Technologies Program - September 30, 2023
Tech leadership changes
PayPal has unveiled Intuit exec Alex Chriss as its new CEO.
Former Apple exec Peter Stern is joining Ford to lead its new consumer software business.
Amazon devices exec David Limp is to retire later this year after more than 13 years at the company.Â
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Hi Dep. of Product Team,
Thanks for another informative briefing. I just couldnât find the content related to the title, âGoogle Mapâs new rivalâ. Could you please help me?