The NFT world collectively seems to be trying to turn internet memories into one big game — with a lot of cash involved of course. The original “Doge” image sold for $4 million back in June, the original “Pepe” comic image sold for $1 million in April, in short, people are becoming meme millionaires. Buying […]
Twitch leak suggests major response to streaming site’s “hate mob” issues
Follows months of Amazon-owned site playing hate speech whack-a-mole.
Study finds half of Americans get news on social media, but percentage has dropped
A new report from Pew Research finds that around a third of U.S. adults continue to get their news regularly from Facebook, though the exact percentage has slipped from 36% in 2020 to 31% in 2021. This drop reflects an overall slight decline in the number of Americans who say they get their news from […]
Twitch sues two users for harassing streamers with hate raids
Twitch filed a lawsuit late last week against two people on its own platform for running automated hate and harassment campaigns. The harassment, often targeted at Black and LGBTQ streamers, manifests in a unique Twitch phenomenon as a “hate raid.” On Twitch, creators regularly point viewers toward another friendly account after their stream concludes to […]
Twitch sues users over alleged “hate raids” against streamers
Lawsuit accuses anonymous users of “targeting black and LGBTQIA+ streamers.”
Apple Music is using Shazam to solve the streaming industry’s problem with DJ mixes
Apple Music announced today that it’s created a process to properly identify and compensate all of the individual creators involved in making a DJ mix. Using technology from the audio-recognition app Shazam, which Apple acquired in 2018 for $400 million, Apple Music is working with major and independent labels to devise a fair way to […]
Driven by livestreams, consumer spending in social apps to hit $17.2B in 2025
The livestreaming boom is driving a significant uptick in the creator economy, as a new forecast estimates consumers will spend $6.78 billion in social apps in 2021. That figure will grow to $17.2 billion annually by 2025, according to data from mobile data firm App Annie, which notes the upward trend represents a five-year compound […]
Gamestry gets $5M to give games video creators a sweeter deal
Barcelona-based gaming video platform Gamestry has snatched up $5 million in seed funding, led by Goodwater Capital, Target Global and Kibo Ventures — turning investors’ heads with a 175x growth rate over the past 12 months. While the (for now) Spanish-language gaming video platform launched a few years back, in 2018, last year the founders […]
Streamers are boycotting Twitch today to protest the platform’s lack of action on ‘hate raids’
Over the last month, Twitch users have become increasingly concerned and frustrated with bot-driven hate raids. To protest Twitch’s lack of immediate action to prevent targeted harassment of marginalized creators, some streamers are going dark to observe #ADayOffTwitch today. Per the protest, users are sharing a list of demands for the Amazon-owned Twitch. They want […]
Mindset, an artist-driven mental wellness audio platform, raises $8.7M from Scooter Braun’s TQ Ventures and others
Mindset, a platform featuring personal story collections from recording artists, announced today that it raised $8.7 million in seed funding. As co-founders of the K-pop-focused podcast production company DIVE Studios, brothers Brian Nam, Eric Nam and Eddie Nam noticed that the studio’s best-performing content came from podcast episodes where stars discussed how they handle struggles […]