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If you've ever found yourself sheepishly glancing around after cutting a red light or using your phone while driving, only to relax because "no cops in sight," think again! In <keyword id="19895037" type="General" weightage="20" keywordseo="Bengaluru" source="keywords">Bengaluru</keyword>, the traffic police have gone tech-savvy, and they're now leveraging AI to keep an eye on you – whether or not there’s an officer standing by. <h2>Bengaluru’s AI revolution in <keyword id="22205047" type="General" weightage="20" keywordseo="traffic-enforcement" source="keywords">traffic enforcement</keyword></h2>Bengaluru, the tech hub of India, has pioneered the use of AI-based enforcement in its bustling streets. "At present, we use AI-based cameras to enforce seven violations," said MN Anucheth, Joint Commissioner of Police (Bengaluru City Traffic) in an interview with Moneycontrol. These violations include overspeeding, using mobile phones while driving, not wearing seat belts, riding without helmets, triple riding on two-wheelers, red-light jumping, and stop-line violations. But it doesn't stop there! The city is expanding this AI-driven system to detect 13 different <keyword id="19948114" type="General" weightage="20" keywordseo="traffic-violations" source="keywords">traffic violations</keyword> — up from the existing seven. Among the new additions are wrong-side driving, illegal number plates, overloaded goods vehicles, broken or folded door mirrors, and illegal parking. Bengaluru’s streets are about to get even more monitored, and the number of fines is expected to rise. <div type="Article" hostid="261" msid="113150608" title="Nothing to wear? Bengaluru-based startup promises to deliver clothes in just 60 minutes. Here’s my experience!" mstype="2" mssubtype="0"></div>Already, 97% of traffic violations in Bengaluru in 2023 were caught through this contactless mode. With 330 AI-powered cameras watching over 50 junctions, the city's roads are becoming some of the most tech-supervised in India. "We will soon expand to cover 13 types of violations," Anucheth added, hinting at an even more stringent road regime. <h2>Eyes in the sky</h2>With a road network stretching over 14,000 km, more than 12 million registered vehicles, and around 40,000 traffic intersections, Bengaluru’s streets can get chaotic. To tackle this, Bengaluru’s AI system is leaving nothing to chance. The AI can do more than just catch rule-breakers; it can even detect waterlogged areas, cattle on the road, potholes, and unattended objects, ensuring smoother traffic flow. What’s more, these AI-based systems are equipped with <keyword id="22598445" type="General" weightage="20" keywordseo="Automatic-Number-Plate-Recognition" source="keywords">Automatic Number Plate Recognition</keyword> (ANPR) and can process video feeds from multiple sources, including surveillance cameras, body-worn cameras, and even social media feeds. So, even if you're accidentally caught on a neighbour’s camera violating a traffic rule, you could still be fined. “Instead of procuring additional cameras, we decided to obtain AI-based automatic violation detection licences to utilise our existing infrastructure for traffic enforcement and management," Anucheth explained. That means the city is becoming smarter without splurging on extra gadgets. <h2>Expect more fines</h2>In 2023 alone, <keyword id="21352185" type="General" weightage="20" keywordseo="Bengaluru-traffic" source="keywords">Bengaluru Traffic</keyword> Police booked nearly 90 lakh cases and collected a record Rs 185.1 crore in fines. With the expanded AI system, these numbers are expected to soar even higher. Commuters along major arterial roads such as the Electronics City Elevated Expressway, Mysuru Road to Goraguntepalya, and Bellary Road should be particularly mindful. Cameras on these routes have been instrumental in spotting violations like speeding and improper lane usage. <div type="Article" hostid="261" msid="113459399" title="Should you rent or buy a home? Here’s how much rental pricing has gone up compared to ownership cost in major Indian cities" mstype="2" mssubtype="0"></div>The introduction of AI is already having a significant impact on the Bengaluru-Mysuru Expressway, where 60 cameras caught more than 12,000 violations within just two weeks of installation. And the fines? They’re sent directly to your phone. "No violation can escape the hawk eyes of our powerful cameras," said Karnataka’s Additional Director General of Police, Alok Kumar, after catching a bus driver talking on his phone while driving. <h2>Management, not just enforcement</h2>But Bengaluru’s AI isn’t just catching violators — it’s also helping ease the flow of traffic in a majorly congested city. AI is playing a crucial role in optimising <keyword id="21296378" type="General" weightage="20" keywordseo="traffic-signals" source="keywords">traffic signals</keyword> to reduce congestion and manage traffic patterns. With its Automatic Traffic Counting and Classification (ATCC) feature, these <keyword id="21635811" type="General" weightage="100" keywordseo="AI-cameras" source="keywords">AI cameras</keyword> will help monitor the types of vehicles clogging up different junctions, offering better insights for road management. To that end, Bengaluru has also introduced AI-powered traffic signals, which automatically adjust the timing of traffic lights based on real-time traffic conditions. This system, deployed across many important junctions in the city, monitors vehicle flow and helps reduce bottlenecks by adjusting traffic lights dynamically. In an ideal world, this will mean that there would be no more sitting at a red light when the road ahead is empty. With over 9,000 cameras being installed across the city under the Safe City project and access to 4,600 body-worn cameras, Bengaluru’s traffic police are bringing in a new era of high-tech enforcement. Hopefully, this will help with better <keyword id="20413755" type="General" weightage="20" keywordseo="traffic-management" source="keywords">traffic management</keyword> in the city — a problem that needs to be solved at the earliest.

Hopping signals or using phones when cops aren’t there? You’re still going to get instant-fined, thanks to Bengaluru’s new AI cameras

As Mumbai, India's financial capital, witnessed vertical growth over the years with highrises dotting its skyline, some 'gaothans' (villages) have held onto their heritage and legacy. Ranwar, in the heart of Bandra, is one such village that has resisted the urge to make way for towering structures. Dwarfed by highrises, the East Indian-majority village has narrow streets lined with old quaint bungalows and crosses outside homes. With jazz music streaming in the air, walking around the area can transport you to a simpler time. While Bandra developed rapidly and became home to Bollywood's elite and a burgeoning street shopping hub, residents of Ranwar maintained their old bungalows. The coexistence, however, has come at a price, causing traffic issues and crowding. And now, plans are afoot to give the 300-year-old village a facelift while preserving the past. Talking to PTI, <keyword id="23283968" type="General" weightage="20" keywordseo="Johan-Dharmai" source="Orion">Johan Dharmai</keyword>, BJP secretary and a member of the East Indian community, said, "Locals want to preserve the heritage. One of the steps in the facelift plan is to close vehicle movement and build a walkway so that tourists can take a stroll and enjoy the architecture." Though many houses in Ranwar are now being redeveloped, Veronica Street has maintained its old-world charm. It has a square erected in 1866. However, honking rents the air on this street, as motorists see it as a shortcut to Bandra Reclamation and other areas. Mehboob Studio is just a stone's throw away, and senior citizens living on Veronica Street recall seeing actors Helen and Zeenat Aman around Ranwar. A beautification, restoration and conservation project is being initiated to improve safety, regulate traffic and create awareness about the centuries-old village. Mumbai BJP president and <keyword id="20238930" type="General" weightage="20" keywordseo="Bandra-West" source="keywords">Bandra West</keyword> MLA Ashish Shelar recently met locals to discuss ways to move the project forward. "The beauty of Bandra West is its 'gaothans'. The heritage needs to be protected and showcased. I have asked the government to allocate funds from the District Planning Development Committee (DPDC). <keyword id="23283965" type="General" weightage="20" keywordseo="Ranwar-Village" source="keywords">Ranwar village</keyword> will get a facelift. The work has begun on roads, CCTV cameras, street light illumination, parking and traffic plan will be in place with the help of locals and architects," Shelar told PTI. <keyword id="23283967" type="General" weightage="20" keywordseo="Architect-Samir-DMonte" source="keywords">Architect Samir D'Monte</keyword> has been working with the Ranwar Veronica Street Residents' Association since 2009, and they identified a range of problems that the area faced. D'Monte said improvements were made to open spaces and common areas, roads, sewage and drainage systems, street signage, street lighting and traffic and parking management. Apart from this, individual houses were restored, and an innovative fire system was also introduced. Locals say most residents are senior citizens and want to live peacefully without disturbances by motorists. Kaevan Umrigar of Khaki Tours, who works to create awareness about Mumbai's heritage, said Bandra comprised 23 gaothans that housed fisher folk, Kunbis (a farming community) and the agris community who had salt pans. "Ranwar was a farming village, and the area had paddy fields. Later, these paddy fields made way for urban settlements. These little villages are now trapped in the city. Now, only 10 to 15 gaothans in Bandra have survived," he said. But preserving heritage comes at a cost, and if a 'gaothan' comes under heritage guidelines, it becomes difficult to upgrade a home in the area or live a modern life, Umigar said, adding that heritage should be made attractive by tapping the tourism potential of these areas. 'Gaothans' in Mumbai and the larger Mumbai metropolitan region (MMR) are urban villages that house the city's original inhabitants. The Mumbai suburban district collector and Brihanmumbai Municipal Corporation (BMC) have been roped in for Ranwar's facelift plan. Umigar calls land scarcity a threat to 'gaothans', with only 100 left in the city. "When someone wants to develop gaothans, they want to do it vertically. There is a constant battle between heritage and development. They (villages) survive because the houses are tightly packed and on narrow lanes. So individual houses are not attractive for redevelopment, and parking becomes an issue," he said.

300-year-old Bandra village to get facelift to conserve its glorious past

<ul class="summary-list"><li>Morgan and Dawson Mitchell moved to Charleston in March.</li><li>They planned to stay for a while, but the cost of living made it difficult.</li></ul>Morgan and Dawson Mitchell were sick of the cold when they decided to move to <a target="_blank" class="" href="https://www.businessinsider.com/loved-charleston-had-to-leave-now-live-north-2024-9">Charleston, South Carolina</a>.The Mitchells are originally from Mississippi but moved to a small town in <a target="_blank" class="" href="https://www.businessinsider.com/jackson-hole-airport-wyoming-national-park-review-2024-9">Wyoming</a> in 2022. By the end of 2023, the couple said they were ready for their next <a target="_blank" class="" href="https://www.businessinsider.com/bride-solo-bachelorette-trip-saved-money-stress-2024-8">adventure</a>. After visiting Charleston in January of the same year, they decided it would be ideal for their next move."Charleston seemed like a great place to have good weather and move back to the South a little closer to family and friends," Dawson, 27, said."I love beach towns," Morgan, 28, added. "And I was in the <a target="_blank" class="" href="https://www.businessinsider.com/bride-loved-sheer-bejeweled-wedding-dress-at-first-sight-2024-7">wedding</a> and events industry, and that's really, really big in Charleston, so I was super interested in it."When Morgan was offered a job in the events industry in Charleston in March 2023, it seemed like the perfect chance to <a target="_blank" class="" href="https://www.businessinsider.com/family-moved-from-knoxville-to-nyc-happier-despite-higher-costs-2024-3">relocate</a>. Dawson worked as a bartender and server when they arrived in Charleston, and he was hired as an HVAC sales representative three months into their move.But just five months after they relocated, the Mitchells discovered Charleston didn't live up to the hype for them.<h2 id="1060fde2-1af4-4819-9c32-9443e359f0e1">Charleston challenges</h2>The Mitchells told Business Insider that the cost of living in Charleston almost prevented them from moving there. According to <a target="_blank" href="https://www.zillow.com/rental-manager/market-trends/charleston-sc/">Zillow</a>, the median rent in the city is $2,800, but the Mitchells didn't want a place that cost more than $2,000 a month, so they struggled to find an apartment."That was just shocking to us being from rural areas," Dawson said, adding that it was important to stay within their budget, as they knew they could afford a mortgage for less in other areas.Eventually, they found <a target="_blank" class="" href="https://www.businessinsider.com/real-estate-investing-how-to-select-a-rental-property-2024-8">an apartment to sublet</a> on Facebook Marketplace with five months left on its lease for $1,850 each month.<div type="image" title="A couple stands in a snowy field. The man holds a Christmas tree and the woman holds a dog." height="2998" width="2000" msid="113765415" hostid="261" sizebytes="287754"></div>"It was very much like, 'Let's just do it for five months,'" <a target="_blank" class="" href="https://www.instagram.com/momomitch96/">Morgan</a> said. "'If we don't like it, if it doesn't work out, we don't have to stay."Once they moved to Charleston, the cost of living continued to be a pain point for the Mitchells regarding expenses like eating out or gas prices. They said gas was particularly frustrating because they found themselves stuck in the car more than they anticipated.Their rental was just eight miles from the office where Morgan worked, but she said she spent at least 45 minutes in the car each way to and from her <a target="_blank" class="" href="https://www.businessinsider.com/employees-listening-to-spicy-romance-books-smut-office-work-2024-8">job</a>."It's very low country, so there's not a whole lot of open land to build new roads and infrastructure," Dawson said. "For us, our quality time together is really important, and we were stuck in the car separate for so long," Morgan said. "We have Banjo, our dog, so by the time we made it home, it was like, 'OK, go take him out, cook dinner, time for bed.'""All of our free time dwindled," she added.Morgan said she spent most of her birthday visit to <a target="_blank" class="" href="https://www.businessinsider.com/charleston-south-carolina-travel-guide-2017-5">King Street</a>, a major shopping destination in the city, in July trying to park."I almost gave up," she said. "I was just trying to take myself to Sephora for a nice little treat, and I had to make rounds for 45 minutes trying to find a parking spot."<h2 id="9fa03838-fc24-49f6-b03e-e313b63eebdc">Missing Southern charm</h2>The Mitchells also hoped that moving to Charleston would help them reconnect with the Southern culture they had been missing while living in Wyoming.But they said Charleston didn't feel as Southern as they thought it would. They said they had few chances to connect with other Southerners during their time there.Despite life's difficulties in <a target="_blank" class="" href="https://www.businessinsider.com/moving-to-south-carolina-retirement-taxes-weather-cost-of-living-2024-4">Charleston</a>, the Mitchells tried to prepare to stay longer term."We did put an offer in on a house, and we were really excited to stay there for a couple of years, and then that fell through," Morgan said.They said they could have renewed their lease on their rental, but the management company that owned it increased their rent to $2,250 a month, which they weren't willing to pay. The Mitchells couldn't find another apartment under $2,000 that fit their needs. They said the only options they found were in areas where they would not have felt comfortable walking Banjo at night.Soon, it felt like they weren't destined to stay in Charleston as they had thought."We love and kind of take pride in the fact that we've bopped around and moved all around and like going on these little adventures," Morgan said. "But we did want to be closer to family; his grandparents are getting older."The Mitchells also plan to invest in real estate, but given the cost of living in Charleston, they didn't feel like they could launch that career there."We started taking all these things as signs, and we're like, 'We have this opportunity to get out and go somewhere cheaper and build our savings,'" Morgan said.<h2 id="9c8f92dc-975a-44bf-82eb-3fe3af6e8319">Returning home</h2>Morgan and Dawson ultimately moved back to Louisville, Mississippi, when their lease in <a target="_blank" class="" href="https://www.businessinsider.com/moving-from-nashville-to-charleston-pros-cons-job-change-weather-2024-3">Charleston</a> expired on August 1.When the Mitchells spoke to BI, they had just signed a new lease in Louisville on an apartment that costs just $1,350 a month — $900 less than they would have paid on their similar Charleston unit.Morgan and Dawson also started new jobs when they moved. Morgan is now a social media manager at a medical facility, and Dawson is working remotely as a loan originator. Dawson said the HVAC company he worked for in Charleston offered him a slight raise when he put in his notice, but it wasn't enough to entice them to stay."We just knew it wasn't the right thing," Dawson said. Despite <a target="_blank" class="" href="https://www.businessinsider.com/family-sold-texas-home-traveling-abroad-to-find-new-home-2024-7">moving</a> twice in such a short period, the Mitchells told BI they have no regrets about their stint in Charleston."I think it was just one of those things that we had to try it for ourselves to be able to come back here," Morgan said.Though they can still see themselves moving around throughout their lives, the Mitchells said they are excited about the financial opportunities returning to Mississippi offers them."We chose to come back to Mississippi because our money will go so much further," Dawson said. "We can buy two properties for what half a property in Charleston would cost.""We're always going to look back and be like, 'What a fun summer we had,' but we knew it wasn't long-term," Morgan said, reflecting on their time in Charleston. "So we might as well just come back here and start building our savings the best we can."

One couple relocated from Wyoming to South Carolina but moved after 5 months due to cost of living and traffic

<ul class="summary-list"><li>An air traffic controller in Australia was found asleep under a blanket at the end of a shift.</li><li>He had worked seven night shifts in nine days due to staffing changes, a safety investigation found.</li></ul>An air traffic controller at a major Australian airport was found asleep at the end of their night shift while they were the only person on duty, according to an investigation by the Australian Transport Safety Bureau (ATSB).The worker had signed on for their night shift, which ran from 10 p.m. to 6 a.m., at the Brisbane Centre, a major <a target="_blank" class="" href="https://www.businessinsider.com/becoming-air-traffic-controller-career-pros-cons-of-job-2022-1">air traffic control center</a> in Brisbane Airport.Brisbane is Australia's third-busiest airport, handling around 22.6 million passengers annually. It has consistently been among the 100 busiest airports in the world and was ranked <a target="_blank" href="https://www.worldairportawards.com/worlds-top-100-airports-2024/">as the world's 32nd-best by Skytrax in 2024</a>.On December 9, 2022, the morning shift controller arrived at work at 5:15 a.m. to find their night shift counterpart asleep at the console.The worker was discovered lying across two chairs with a blanket covering them, according to <a target="_blank" class="" href="https://www.atsb.gov.au/sites/default/files/2024-09/AO-2022-065%20%28Final%29.pdf">the report</a>. They were still wearing their headset, and the air situation display (ASD) screensaver was on.After ensuring there was no traffic in the area, the station was handed over to the oncoming controller.The report noted that the Brisbane Centre building was cooler at night, and it was considered normal practice for blankets to be used during night shifts.The ATSB's report blamed multiple night shifts in a short space of time, the worker's low workload, and an ineffective risk management system for the incident. It noted that the worker had 10 years of experience as a controller and had been in their current position for three years. However, due to last minute roster changes, they had worked their seventh night shift in nine days and had not taken the recommended rest period in between.There had been no traffic or scheduled flights in the airspace the controller was responsible for and a system supervisor had been on duty at the front desk of the center.However, the report found that cumulative fatigue was not being effectively managed at the center."Likely due to an underlying lack of resources within Airservices Australia, there was an over-reliance on tactical changes to manage the roster," investigators said.The ATSB said it would update its safety procedures and fatigue risk management regulations in response to the incident.Airservices Australia, which runs the Brisbane Centre, has increased the overall number of air traffic controllers and enhanced internal processes since the incident, according to the report. The ATSB will continue to monitor the issue.In the US, fatigue has been a growing safety concern as <a target="_blank" class="" href="https://www.businessinsider.com/airport-collision-close-call-solutions-sleep-runways-air-traffic-controllers-2024-2">shortages of air traffic controllers</a> have driven up the amount of overtime required for those that remain. Some controllers have turned to <a target="_blank" rel="" href="https://www.businessinsider.com/air-traffic-controllers-workload-stress-alcohol-drugs-faa-close-calls-2023-12">alcohol and sleeping pills</a> to cope with their grueling schedules.Last year, The New York Times found that <a target="_blank" rel="" href="https://www.businessinsider.com/airline-close-calls-happening-multiple-times-nyt-investigation-2023-8">near-misses between aircraft</a> were happening more often than previously thought.Airservices Australia did not immediately respond to a request for comment from Business Insider, sent outside regular Australian working hours.

An air traffic controller was found asleep under a blanket mid-shift at one of the world's top airports 

<ul class="summary-list"><li>Starbucks is hiring a new CEO, and analysts hope he'll get the coffee chain back on track.</li><li>Comparable sales are down in its two biggest markets: the US and China.</li></ul>After two consecutive quarters of slumping comparable sales, <a target="_blank" class="" href="https://www.businessinsider.com/starbucks-what-went-wrong-laxman-narasimhans-ceo-falling-sales-activist-2024-8">Starbucks has a new CEO coming in</a>.It's out with Laxman Narasimhan, who spent 17 months at the helm of the coffee chain and in with <a target="_blank" class="" href="https://www.businessinsider.com/how-starbucks-new-ceo-brian-niccol-transformed-chipotle-chipotlane-automation-2024-8">Brian Niccol</a>, the burrito executive who spearheaded Chipotle's turnaround.But Niccol is set for a rocky start at Starbucks."Not only is Starbucks more than three times Chipotle's size in revenue with a footprint spanning myriad countries, but current trends are also more challenged than when Niccol joined Chipotle," William Blair analyst Sharon Zackfia wrote in a note, citing <a target="_blank" class="" href="https://www.businessinsider.com/starbucks-ceo-responds-boycott-calls-store-vandalism-israel-palestine-backlash-2023-12">Starbucks' boycotts</a>, customers' doubts about its value, and concerns about its speed of service.One major concern: Fewer customers are placing orders.<h2 id="2e911be5-fafe-4371-a3dd-572cd072899a">Overall comparable sales are down</h2>Starbucks just posted two consecutive quarters of falling global comparable sales — a key metric for the restaurant industry, which looks at how year-over-year sales have changed at continuously-operating company-operated locations. It means that recent store openings and closures aren't taken into account.Starbucks' global comparable store sales dropped 4% and 3% in the two most recent quarters.Starbucks last posted a drop in global comparable store sales in late 2020, during the height of COVID.Starbucks has given numerous reasons for its poor performance. In various markets, some customers have <a target="_blank" rel="" class="" href="https://www.businessinsider.com/starbucks-sues-employee-union-over-logo-use-pro-palestinian-posts-2023-10">boycotted</a> the chain related to the conflict in the Middle East, which Narasimhan told investors last month was "driven by widely discussed misperceptions about our brand."<h2 id="6ed2c5c6-4052-4f76-baf4-a1ef237f10e0">US consumers are visiting less often</h2>Comparable store sales are made up of two measures — the number of transactions and the average ticket size.In the past two quarters, Starbucks' comparable transaction count — meaning the number of orders placed at comparable stores, also known as traffic — has declined in the US compared to the same periods the prior year. This means fewer customers are placing orders at Starbucks stores, or they're visiting less frequently.In some cases, like during the height of the pandemic in 2020, the huge drop in comparable transaction count was partly offset by a 25% jump in average ticket size, likely because more people were placing group delivery orders during waves of lockdown.<a target="_blank" class="" href="https://www.businessinsider.com/starbucks-customer-orders-bigger-than-ever-before-food-customize-beverages-2024-1">Average ticket size</a> increases because of several factors: People could be ordering more items per transaction, like purchasing for a group or adding food; they could be opting for pricier items, like beverages with costly modifications; or Starbucks could simply have put prices up.Starbucks' average US ticket size keeps rising, but in the last two quarters, it has not been enough to offset the drop in orders, as the graph below shows.The US is Starbucks's biggest market by far. The Seattle-based coffee chain has more than <a target="_blank" class="" href="https://s203.q4cdn.com/326826266/files/doc_financials/2024/q3/3Q24-Earnings-Release-Final-7-30-24.pdf">16,700 stores</a> in the US, or over 40% of its total store count.Jefferies restaurant analyst Andy Barish told Business Insider that there was a "pretty long list" of reasons for Starbucks' decline in comparable store sales, including a drop in occasional consumers who visit in the afternoon.Customers are getting fed up with rising prices, which Edward Jones analyst Brian Yarbrough told BI Starbucks needs to address: "As we all know, Starbucks isn't known for value."In a July survey by Deutsche Bank, nearly half of respondents who reported stopping going to Starbucks or cutting down their number of visits said this was because it had "become too expensive."<div type="image" title="Atlanta, Georgia, Starbucks Coffee, customer using mobile app to pay." height="2533" width="3800" msid="112568125" hostid="261" sizebytes="551706"></div>Barish pointed out that many Starbucks promotions are only available to app users. Occasional customers, which the chain says it's been struggling to retain, are less likely to have its app."Recognizing the premium position of our brand, we've been measured in our use of offers," Narasimhan told investors last month. He said that only 14% of transactions were driven by offers — 10% for Starbucks Rewards star-based offers and 4% for price-based offers — compared to an average of 29% at competitors.Plus, its menu could be alienating some customers. Recent innovations, like lavender beverages, energy drinks, and popping pearls, likely didn't resonate with Starbucks' core customers, Barish said. Starbucks, however, said drinks with the <a target="_blank" class="" href="https://www.businessinsider.com/starbucks-popping-pearls-boba-drinks-summer-berry-skies-refresher-sales-2024-7">boba-inspired popping pearls</a> have sold well.<h2 id="b674f07c-2ced-4f8e-b868-0f951f642947">What's happening in China?</h2>China, the world's second-biggest country by population, is a huge market for Starbucks. The coffee giant has <a target="_blank" class="" href="https://s203.q4cdn.com/326826266/files/doc_financials/2024/q3/3Q24-Earnings-Release-Final-7-30-24.pdf">more than 7,300 stores</a> there, nearly 20% of its global locations.Starbucks' comparable store sales in China have been incredibly volatile over the past five years.This has largely been caused by changes in the number of orders, but the average ticket size has also been steadily declining over the past two years. In the most recent quarter, both the comparable transaction count and average ticket size were down 7% year-over-year.Sales were massively affected by <a target="_blank" class="" href="https://www.businessinsider.com/china-protests-covid-lockdown-explainer-stakes-2022-11">China's strict zero-COVID policy</a>. But in recent months, they've been hit by cautious consumer spending and increased competition, Narasimhan told investors in July.Luckin Coffee, its biggest rival in China, has <a target="_blank" class="" href="https://investor.lkcoffee.com/news-releases/news-release-details/luckin-coffee-opens-its-landmark-20000th-store-beijing">nearly three times</a> as many stores as Starbucks in China after monumental unit growth. But it's struggling, too, with same-store sales down more than <a target="_blank" class="" href="https://investor.lkcoffee.com/static-files/ec2bafa0-1543-4d62-811d-7115a4349c5c">20%</a> in its two most recent quarters.<div type="image" title="A Luckin Coffee outlet is seen operating beside a Starbucks shop in Hangzhou in east China's Zhejiang province." height="2061" width="3000" msid="112568123" hostid="261" sizebytes="269174"></div>"China's obviously a tough market, and it's not just Starbucks," Yarbrough said.Starbucks added <a target="_blank" class="" href="https://investor.starbucks.com/news/financial-releases/news-details/2024/Starbucks-Reports-Q3-Fiscal-2024-Results/default.aspx">more than 800</a> new Chinese stores in the year to June 30. The chain has continued to grow in China "in the hope that there's some market shakeout," but in the short term, "it's a pretty tough road that they're going through right now," Barish told BI."They would probably be best served by slowing down the growth there and waiting for some of the shakeout that may or may not occur," he said.

These graphs show how much people have cut back on visiting Starbucks — a key driver of its sudden management shake-up 

<ul><li><keyword id="19896911" type="General" weightage="20" keywordseo="Reliance-Jio" source="keywords" meta.keywordsubtype="org" meta.entityname="Reliance Jio" meta.hostid="261" meta.entityid="Reliance Jio">Reliance Jio</keyword> has become the world's largest mobile operator in terms of data traffic.</li><li>The total traffic on the <keyword id="2003276" type="General" weightage="20" keywordseo="jio" source="Orion">Jio</keyword> network has reached 40.9 Exabytes, marking a 35.2 per cent year-on-year increase.</li><li>This surge is attributed to the growing adoption of <keyword id="19916120" type="General" weightage="20" keywordseo="5G" source="keywords">5G</keyword> and Home services.</li></ul>Reliance Jio, the telecom giant of India, has become the world's largest mobile operator in terms of data traffic, surpassing <keyword id="20669190" type="General" weightage="20" keywordseo="China-Mobile" source="keywords" meta.keywordsubtype="org" meta.entityname="China Mobile" meta.hostid="261" meta.entityid="China Mobile">China Mobile</keyword>. The announcement came on Monday as Jio revealed its quarterly results, showcasing staggering numbers and milestones achieved in various segments. As of March 2024, Jio boasts a subscriber base of 481.8 million, out of which 108 million subscribers are on Jio's True5G Standalone network. The number reflects Jio's stronghold in the Indian telecom market. According to a press release, the total traffic on the Jio network has reached 40.9 Exabytes, marking a 35.2 per cent year-on-year increase. This surge is attributed to the growing adoption of 5G and Home services. Notably, 28 per cent of the traffic comes from 5G subscribers, indicating a swift transition towards next-generation connectivity. Additionally, Jio's Fixed Wireless Access (FWA) services have contributed significantly to the data traffic. Since the onset of the COVID-19 pandemic, there has been a dramatic 2.4x increase in annual data traffic, with per capita monthly data usage skyrocketing to 28.7 GB from just 13.3 GB three years ago. This surge underscores the growing reliance on digital connectivity in India. Commenting on the results, <keyword id="3820" type="General" weightage="20" keywordseo="Mukesh-Ambani" source="Orion">Mukesh Ambani</keyword>, Chairman and Managing Director of Reliance Industries Limited, expressed his satisfaction with the company's performance and its contribution to the Indian economy. He highlighted the significant achievements, including becoming the first Indian company to cross the Rs 100,000-crore threshold in pre-tax profits. Ambani said, "Initiatives across RIL's businesses have made a remarkable contribution towards fostering growth of various sectors of the Indian economy. It is heartening to note that alongside strengthening the national economy, all segments have posted a robust financial and operating performance. This has helped the Company achieve multiple milestones. I am happy to share that this year, Reliance became the first Indian company to cross the Rs 100,000-crore threshold in pre-tax profits." Ambani also emphasized Jio's role in driving the digital transformation in India, from upgrading 2G users to smartphones to leading the effort in producing AI-driven solutions. He noted, "With over 108 million True 5G customers, Jio truly leads the 5G transformation in India. From upgrading the hitherto 2G users to smartphones, to leading the effort of producing AI-driven solutions, Jio has proved its capability in strengthening the nation's digital infrastructure." He reiterated Jio's commitment to strengthening the nation's digital infrastructure and its continued efforts to provide innovative solutions to consumers. The company's retail arm, Reliance Retail, also showed robust growth, with a 36 per cent increase in footfalls and strong digital commerce platforms offering a broad brand catalogue. "Reliance Retail continued to provide customers endless choices through its robust omni-channel presence. We continue to offer product differentiation and superior offline experience through stores remodelling and revamping of layouts. Our digital commerce platforms also provide newer solutions to users with a broad brand catalogue. Reliance Retail also works towards strengthening millions of merchants through its unique initiatives in new commerce space", said Ambani. In addition to its telecom and retail segments, Reliance Industries Limited has shown resilience in its Oil to Chemicals (O2C) segment, despite challenging market conditions. The KG-D6 block has achieved significant production milestones, accounting for 30 per cent of India's domestic gas production. Ambani emphasised, "Strong demand for fuels globally, and limited flexibility in refining system worldwide, supported margins and profitability of the O2C segment. Downstream chemical industry experienced increasingly challenging market conditions through the year." He added, "Despite headwinds, maintaining leading product positions and feedstock flexibility through our operating model that prioritises cost management, we delivered a resilient performance. The KG-D6 block has achieved 30 MMSCMD of production and now accounts for 30 per cent of India's domestic gas production." In terms of financial performance, Reliance Jio has achieved several remarkable milestones. The consolidated EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) at Rs 178,677 crore, while the consolidated Profit Before Tax (PBT) has surpassed Rs 100,000 crore. The company's market capitalization has crossed Rs 20,00,000 crore, further solidifying its position as one of India's most valuable companies. SEE ALSO:<a href="https://www.businessinsider.in/tech/mobile/news/google-pixel-8a-may-be-more-expensive-than-its-predecessor-as-per-a-new-leak/articleshow/109499394.cms" target="_blank"></a> <a href="https://www.businessinsider.in/tech/mobile/news/google-pixel-8a-may-be-more-expensive-than-its-predecessor-as-per-a-new-leak/articleshow/109499394.cms" target="_blank">Google Pixel 8a may be more expensive than its predecessor, as per a new leak</a><a href="https://www.businessinsider.in/stock-market/news/vodafone-idea-fpo-allotment-how-to-check-allotment-gmp-and-more/articleshow/109504341.cms" target="_blank"></a> <a href="https://www.businessinsider.in/stock-market/news/vodafone-idea-fpo-allotment-how-to-check-allotment-gmp-and-more/articleshow/109504341.cms" target="_blank">Vodafone Idea FPO allotment – How to check allotment, GMP and more</a><a href="https://www.businessinsider.in/business/telecom/news/telecom-companies-may-hike-tariffs-by-up-to-17-after-the-general-elections-as-per-analysts/articleshow/109240274.cms" target="_blank"></a> <a href="https://www.businessinsider.in/business/telecom/news/telecom-companies-may-hike-tariffs-by-up-to-17-after-the-general-elections-as-per-analysts/articleshow/109240274.cms" target="_blank">Telecom companies may hike tariffs by up to 17% after the general elections, predict analysts</a>

Reliance Jio emerges as World's largest mobile operator in data traffic, surpassing China mobile

<ul class="summary-list"><li>Tourism in Maui hasn't recovered, almost a year after a wildfire devastated Lahaina Town.</li><li>The manager of the Four Seasons said most of Maui is open and that tourism is encouraged.</li></ul>A year after a <a target="_blank" class="" href="https://www.businessinsider.com/maui-fires-where-to-visit-avoid-2023-8">wildfire ripped through Maui</a> and devastated parts of Lahaina Town, tourism has yet to recover — even though right now might be a great time to visit, according to the general manager of the resort where season one of HBO's "The White Lotus" was filmed."Outside of the five square miles of the historic Lahaina Town, which is still closed, all of the rest of Maui is fully open, fully functioning, and actually has been since fairly early after the fires," Ben Shank, the general manager at the <a target="_blank" class="" href="https://www.businessinsider.com/maui-tourists-complain-activities-cancelled-over-fires-employee-four-seasons-2023-8">Fours Seasons Resort Maui</a>, told Business Insider.In August of last year, a <a target="_blank" class="" href="https://www.businessinsider.com/lahaina-maui-wildfire-what-went-wrong-climate-colonialism-2023-8">wildfire tore through Lahaina's historic downtown</a>, destroying homes and businesses and displacing thousands.In the immediate aftermath of the fires, some prominent public figures <a target="_blank" class="" href="https://www.businessinsider.com/maui-food-truck-owner-irresponsible-to-tell-tourists-island-is-closed-2023-8">discouraged tourists from visiting Maui</a> while the community recovered, even though most areas of the island were not directly impacted by the fires and remained open.Some locals and <a target="_blank" class="" href="https://www.businessinsider.com/maui-small-business-owner-stop-telling-tourists-stay-away-fires-2023-8">business owners</a> were quick to encourage tourists to return, citing the importance of tourism to the island's economy. According to the <a target="_blank" class="" href="https://www.medb.org/tourism/">Maui Economic Development Board</a>, around 70% of every dollar in Maui County is generated, either directly or indirectly, by the tourism industry.Tourism numbers from June 2024 show that nearly a year on, visit numbers had yet to return to their pre-fire levels. The number of visitors to the island in June 2024 was 22% lower than June 2023, while visitor spending decreased by 27%, according to the <a target="_blank" class="" href="https://www.hawaiitourismauthority.org/media/13156/june-2024-visitor-statistics-press-release.pdf">Hawaii Department of Business, Economic Development and Tourism</a>. Total visitor spending was down more than $800 million in the first six months of 2024 compared to the same period in 2023.Shank said the good news is that the recovery of Lahaina is making some progress, with excavation ongoing and residential properties starting to be rebuilt. Now he said many are trying to get the message out to tourists that they are not only welcome but encouraged to return."By people traveling here, they are actually giving back and contributing not only for their own personal experience, but just the lifeline of how the island works," Shank said.A recent study conducted by the <a target="_blank" class="" href="https://hsrha.org/maui-together/">Hawaii State Rural Health Association</a> surveyed more than 2,000 Maui locals, including some impacted by the fires. The study found 72% of Maui County residents — from all over the county, not just where the fires were — said they were directly or indirectly impacted by the fires.The study also found most residents, regardless of where they lived, were more worried than hopeful about their future on the island.Lisa Paulson, the executive director of the Maui Hotel and Lodging Association, told BI she thinks part of the reason tourism has not fully recovered is the initial mixed messaging about whether the island was "closed" or "open" to tourists."We're working with all our partners to make sure that we send out better marketing messages that everybody's welcome, and we thank them for their support throughout this last year," Paulson said.<div type="image" title="Main fountain pool at Four Seasons Resort Maui at Wailea hotel" height="768" width="1024" msid="112266155" hostid="261" sizebytes="130384"></div><h2 id="1961b29b-8ea1-48e7-8920-dbe287ff7b43">Maui is less crowded right now, and you can find deals</h2>In addition to helping the island's recovery, tourists who visit Maui right now may also be surprised by how accessible the island is right now, according to Shank, who said there's a lot of value to be found.The Four Seasons, for instance, has removed all resort fees in order to encourage summer travelers and offers a complimentary kids' program in addition to free poolside cabanas.There are also just not as big of crowds as there are when Maui is at peak tourism, making it a good place to go to avoid the summer crowds that are currently swarming in other destinations, like in Europe.Shank and his family had recently done the road to Hana, a famous, winding drive with pull offs for waterfall and black-sand beaches that is notorious for getting backed up with traffic."It was amazing, so much that you can just drive, pull over, stop wherever you want, visit the local vendors, go check out a cool secret beach, and it didn't feel crowded," he said.Tourists are still encouraged to act responsibly when they visit Maui, and there are opportunities to donate or help out with Lahaina recovery efforts. The Four Seasons also offers beach and reef cleanups that guests can volunteer for and earn resort credit by participating.Shank said the Four Seasons is also encouraging tourists to actively get out and support the island during their visit."Get out from the resorts. Go visit local restaurants. Shop in the local art galleries. Do excursions with the different companies. Travel to the different parts of the island," he said. "It's an amazing way to give back and support the island."

Maui tourism still hasn't recovered since the Lahaina fire. The manager of the resort where 'The White Lotus' was shot says now is a great time to visit.

<ul class="summary-list"><li>The number of vessels passing through the Suez and Panama Canal have dropped by 50%, Apollo's chief economist noted.</li><li>That has boosted freight costs as vessels reroute and take longer journeys.</li></ul>The number of vessels passing through the Suez Canal and Panama Canal have dropped 50% from normal levels, according to Apollo Management's top economist.And that risks triggering another run-up in inflation as the price of shipping becomes more expensive, Torsten Sløk warned in a note on Sunday. "The bottom line is that higher transportation costs are putting upward pressure on goods inflation," he wrote.That matters because if inflation begins bubbling again, <a href="https://www.businessinsider.com/fed-rate-cuts-outlook-mideast-red-sea-risk-war-climate-2024-1">the outlook for Fed rate cuts</a> could be weakened. Here are three charts that explain what's going on.Suez Canal slowdownAbout 12% of global trade passes through the Suez Canal, according to an estimate from the US Naval Institute."Normally, 200 ships travel through the Suez Canal from south to north over a week, but that number has recently declined to 100," Sløk wrote.<div type="image" title="Suez Canal traffic is down 50%" height="890" width="1476" msid="107060536" hostid="261" sizebytes="37666"></div>The trouble in the Suez Canal has been ratcheting up as Yemen-based Houthi rebels have been launching attacks against ships in the Red Sea, forcing some ships to take longer — and costlier — detours. The ruckus has <a href="https://markets.businessinsider.com/news/commodities/us-launches-strikes-houthis-yemen-economy-commodities-oil-prices-inflation-2024-1">bled chaos into oil markets</a> and even trickled into other commodities, <a href="https://markets.businessinsider.com/news/commodities/red-sea-attacks-houthi-impact-trade-coffee-inflation-shipping-costs-2024-1?mrfhud=true">upending coffee trade flows.</a>Panama woesWhat's slowing down shipping in the Panama Canal is different. A severe drought has dried up the waterway, creating a massive snarl-up because fewer vessels are now able to transit through the trade corridor at a time.The canal normally handles about <a href="https://www.imf.org/en/Blogs/Articles/2023/11/15/climate-change-is-disrupting-global-trade" target="_blank" rel="noopener">5% of global trade flows.</a> But due to the traffic-jam, northbound traffic has fallen to 45 ships per week from the typical 90 ships.The waterway is so clogged, that authorities have <a href="https://markets.businessinsider.com/news/commodities/panama-canal-backlog-auctions-shipping-slots-trade-oil-gas-drought-2023-11">opened up auctions</a> for companies to bid on options to jump the line. One Japanese shipping company <a href="https://www.businessinsider.com/panama-canal-shipping-company-paid-record-4-million-skip-line-2023-11">paid up to $4 million to skip the line</a> in November.<div type="image" title="Panama Canal traffic is down 50%" height="890" width="1476" msid="107060537" hostid="261" sizebytes="35188"></div>Inflation déjà vuThe slowdown has boosted the cost of shipping: vessels have<a href="https://markets.businessinsider.com/news/commodities/oil-tankers-red-sea-fuel-ship-energy-trade-yemen-houthis-2023-12"> had to reroute</a> and add several days to their voyages, which makes carting around global goods a lot more expensive. Sløk noted that freights traveling from Shanghai to Rotterdam have seen costs triple. Another tracker, the Drewry World Container Index, shows container costs have surged by 173% since the beginning of December.And although <a href="https://markets.businessinsider.com/news/stocks/stock-market-news-today-pce-inflation-dow-fed-rate-cuts-2023-12">goods inflation has been tumbling</a>, higher shipping costs could send that back up again if they continue to follow recent trends.<div type="image" title="Shipping costs could trigger another inflation wave" height="890" width="1476" msid="107060538" hostid="261" sizebytes="40886"></div>Strategists at Macquarie have noted that the shipping woes are reminiscent of <a href="https://www.businessinsider.com/fed-rate-cuts-outlook-mideast-red-sea-risk-war-climate-2024-1">pandemic-era supply shocks</a>, which sparked a dizzying spell of inflation that has yet to completely cool."Shipping freight rates foretold the future inflation-disinflation cycle in late 2020 to mid-2022, and are thus worth paying attention to," analyst Thierry Wizman wrote in a note on Friday.

These charts show how much traffic has plunged in the Suez and Panama canals — and the potential impact on inflation

<ul class="summary-list"><li>Sal Companieh is the chief digital and information officer of the real-estate giant Cushman &amp; Wakefield.</li><li>She's excited to watch her team embrace AI and transform communication and leadership.</li></ul>Sal Companieh is one of the many executives in corporate America embracing AI and its potential.She's the chief digital and information officer of Cushman &amp; Wakefield, a commercial-real-estate company with over 50,000 brokers and other employees around the world.Cushman helps landlords fill their spaces, from office buildings to retail stores to warehouses, and aids companies in finding space to lease. Cushman, Companieh said, ensures both real-estate investors and tenants can use an "aggregation of the best market data," including foot traffic, drive time, and weather, to find the best space for their needs.Artificial intelligence is at the center of that, Companieh told Business Insider.Many Cushman employees work directly at client sites. If they're managing a big office building, for example, they'll work out of that building rather than a Cushman office. The building landlord or a tenant company may fire questions at the Cushman manager — how to onboard an employee, for example. Cushman uses AI chatbots to supplement its other offerings for client support to solve their problems faster.AI, Companieh said, can help Cushman employees "maximize their time to best serve the client." It's exciting to introduce transformative technology in a field where change is so often gradual, she added."The thing that excites me most is human behavior change and getting colleagues that would have never thought about doing things differently to not only understand it but also be empowered by it," Companieh said.Companieh said clients, including landlords and tenant companies, were rightfully asking for transparency on Cushman's AI use. She said they asked, "Where is it? Where is it incorporated? Where will it be incorporated? How do we ensure their data safety? How do we ensure sound integration of datasets?"Despite the challenges, she added, the transition to using AI more has been rewarding."Watching that shift driven by a diverse, multidisciplined, and multigeography organization that is really, really employee- and client-centric is an absolute joy," she said.Companieh's insights are part of BI's year-end leadership package "Looking Ahead 2024," which digs into vision, strategy, and challenges across corporate America.The following conversation has been edited for length and clarity.<h2>What are you looking forward to the most for 2024?</h2>A lot of this actually changes people's day jobs on a regular basis. Being able to bring forward insights that would have taken either longer or were not possible prior to us doing this for our clients, and having them make the best commercial-real-estate decisions that they can make.On the human side, watching my leaders model communication and genuine leadership to their teams.<h2>What is your biggest concern or worry for 2024?</h2>The misuse of AI technology is obviously at the forefront of a lot of our thoughts.<h2>What is one thing you feel like you got right in 2023?</h2>Honestly, I think it's communication.It kind of touches on AI, but we've been very deliberate around communication to our teams, communication to our stakeholders, communication to our clients.In a world where everything around us — both from a technology perspective and just humanity — is changing at all times, open, honest, authentic communication is the path forward. I do think I got that right.<h2>What's one thing you might have gotten wrong in 2023?</h2>I would say it's the assumption of how fast we can go.My desire for impact and my desire for change — and the brilliance that is our team, and I do not say that lightly, collectively as an organization — gives me the energy to go fast.Sometimes I forget that we need to go at a different pace to make an impact. A good lesson learned for 2023.

Cushman & Wakefield's CIO believes in embracing AI to manage buildings, serve landlords, and help tenants

<ul class="summary-list"><li>The number of visits to ChatGPT's website has fallen for three months in a row, per Similarweb.</li><li>Although it seems to be leveling off, and could be linked to students being off for summer.</li></ul>ChatGPT took the world by storm when it was released last November, but it looks like it's losing momentum. August marked the third month in a row that the number of monthly visits to ChatGPT's website worldwide was down, according to data from analytics firm <a target="_blank" href="https://www.similarweb.com/blog/insights/ai-news/chatgpt-character-ai-2/">Similarweb</a>.And the average time spent on OpenAI's chatbot has been declining every month since March, from 8.7 minutes to 7 minutes in August, per Similarweb data shared by <a target="_blank" href="https://12ft.io/proxy?&amp;q=https%3A%2F%2Fwww.reuters.com%2Ftechnology%2Fchatgpt-traffic-slips-again-third-month-row-2023-09-07">Reuters</a>.Although Similarweb reports that while <a target="_blank" href="https://www.similarweb.com/blog/insights/ai-news/chatgpt-schools-out/">the total number of visits declined</a> by around 10% in June and July, that leveled off a bit in August, with <a target="_blank" href="https://www.similarweb.com/blog/insights/ai-news/chatgpt-character-ai-2/">a decline of 3%</a>. In the US alone, visits to the ChatGPT website increased by 0.4% in August.There was also a small increase in the number of unique visitors last month — about 0.3% — from 180 million to 180.5 million, per Reuters. "One theory about why ChatGPT's web traffic dropped over the summer is that school was out, which would help explain why the traffic trend stabilized in August as schoolchildren in the US were back in class in greater numbers toward the end of the month," David F. Carr, a senior insights manager at Similarweb, wrote in the report.Before Meta's Threads assumed the title in July, <a target="_blank" href="https://www.businessinsider.com/chatgpt-may-be-fastest-growing-app-in-history-ubs-study-2023-2#:~:text=ChatGPT%20may%20be%20the%20fastest%2Dgrowing%20app%20in%20history%20with,easy%20access%20and%20faster%20responses.">ChatGPT was the fastest-growing app</a> ever when it reached 100 million users in two months.Some of that hype was prompted by students, leading to professors finding ways to combat <a target="_blank" href="https://www.businessinsider.com/openai-chatgpt-ceo-sam-altman-responds-school-plagiarism-concerns-bans-2023-1">ChatGPT plagiarism</a>, and one Princeton student launching GPTZero to <a target="_blank" href="https://www.businessinsider.com/app-detects-if-chatgpt-wrote-essay-ai-plagiarism-2023-1">detect if an essay was written by AI</a>.But it's also being <a target="_blank" href="https://www.businessinsider.com/how-to-use-chatgpt-at-work-job-save-time-ai-2023-2">used in the workplace</a>, with employees using ChatGPT to write code, do research, and improve time management.In July, users of OpenAI's latest model, GPT-4, started complaining that the <a target="_blank" href="https://www.businessinsider.com/openai-gpt4-ai-model-got-lazier-dumber-chatgpt-2023-7">chatbot's performance had declined</a>. A paper from Stanford and Berkeley academics found <a target="_blank" href="https://www.businessinsider.com/chatgpt-ai-openai-research-gpt4-2023-7">GPT-4 was less accurate</a> in a number of tasks — like a 2.4% accuracy in identifying prime numbers compared to 97.6% accuracy three months earlier.OpenAI did not immediately respond to Insider's request for comment.

ChatGPT is losing some of its hype, as traffic falls for the third month in a row

San Francisco, <keyword id="399907" type="General" weightage="20" keywordseo="meta" source="Orion">Meta</keyword>'s Twitter rival, Threads, is set to cross 100 million user sign-ups as Twitter is experiencing a decline in traffic. Meta launched Threads last week for iOS and Android users in 100 countries, and it is currently the top free app on the App Store.There are currently over 97 million accounts on the <keyword id="8030764" type="General" weightage="100" keywordseo="Threads-app" source="Orion">Threads app</keyword>, based on the number badges that appear on Instagram profiles and indicate when someone joined the new app, reports Search Engine Journal. At the current rate of user adoption, Threads would soon reach 100 million users.The new app crossed 2 million sign-ups in just two hours after launch, 10 million users in seven hours and 30 million in just 12 hours.IT service management company Cloudflare CEO Matthew Prince on Sunday tweeted a graph showing Twitter's declining domain name system (DNS) ranking from January to now. Instagram head Adam Mosseri last week clarified that Meta does not want to replace Twitter but create a public square for communities on Instagram that never really embraced Twitter and for communities on Elon Musk-run platform "that are interested in a less angry place for conversations, but not all of Twitter".The new application is currently missing features such as direct messages, a "Following" feed, a full web version, a chronological feed and more.

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