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Artifact Shuts Down: News Aggregator and Social Network
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Overview
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Artifact, a news aggregator and social network founded by Instagram co-founders, is shutting down due to diluted value and competition in the Twitter rival landscape. The closure reflects a slowdown in usage of news aggregators and increased AI usage in content discovery.
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How might the closure of Artifact impact the landscape of news aggregators and social networks?
In what ways could the shutdown of Artifact reflect broader trends in the tech industry?
What strategies could Instagram co-founder Kevin Systrom employ to capitalize on the AI-driven landscape?
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