Spending exceeds wage growth
Despite strong wage growth, US consumer spending is rising faster than earnings, raising concerns about sustainability after World Cup-fueled gains.
Where this was said
EU Eyes Social Media Ban for Under-16s
At 3:40 · chapter starts 3:35
Terry Schultz reports from Brussels on a major forthcoming policy move: European Commission President Ursula von der Leyen, who last year commissioned an expert panel on protecting children from digital harm, is expected to use the panel's findings — due to be presented Monday — to craft her own legislative proposal by September. Von der Leyen has been vocal about her personal concerns, blaming social media's business models for treating children's attention as a commodity and deliberately exploiting addictive design to maximise engagement. She is believed to favour an EU-wide ban on social media access for anyone under 16. The model already faces real-world scrutiny: Australia, the first country to attempt such a ban, has struggled with enforcement. But several EU member states — Denmark, France, Germany, Greece, and Spain — are forging ahead regardless, signalling strong political will even before EU-level legislation arrives.[4]
EU considers under-16 social media ban
The European Commission is weighing an EU-wide ban on social media access for children under 16, following a panel report due Monday.
Philadelphia microburst winds 60-70 mph
Microburst storms in Philadelphia produced winds of 60 to 70 miles per hour in Montgomery and Philadelphia Counties, downing trees and power lines.
Moana opening weekend $43M
The live-action Moana film earned $43 million in its North American opening weekend, underperforming expectations against a reported $250 million production budget.
Moana Falls Short at the Box Office
Disney's live-action Moana underwhelmed at the box office, bringing in $43 million in North America against a reported $250 million production budget. Minions and Monsters held second place, and Toy Story 5 rounded out the top three.
Similar snapshots
$13K MRR with $0 marketing spend
Bhanu grew SiteGPT to $13,000 monthly recurring revenue entirely through organic channels, spending nothing on paid marketing.
1 million website visitors total
More than 1 million people have visited SiteGPT's website since launch in March 2023, all through organic channels.
90% of Google traffic from free tools
Approximately 90% of SiteGPT's Google search traffic comes from the free tools Bhanu built, not the main product pages.
Sold first SaaS for $250,000
Bhanu sold his first SaaS product, Feather, for $250,000 so he could focus fully on the faster-growing SiteGPT.
$500K total revenue since launch
SiteGPT has generated approximately $500,000 in total revenue since its launch in March 2023.
SiteGPT LTV ~$1,700–$1,800
The average customer lifetime value for SiteGPT is approximately $1,700 to $1,800, which Bhanu considers unusually high.
50,000 monthly visitors
SiteGPT receives around 50,000 visitors per month, of which about 200 convert to leads and 60 start free trials.
SiteGPT reached $10K MRR in month 1
SiteGPT hit $10,000 MRR within its very first month of launch, driven largely by early traction in the AI chatbot space.
Stuck at $2K MRR despite downloads
Despite strong download numbers, PropGPT could not push past $1,000–$2,000 MRR due to poor product retention.
