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When it comes to newer consumer-social startups, the environment they're entering is turbulent — investor checks have dwindled, users are facing subscription burnout, and successful advertising models require massive scale. AdvertisementSo how are the emerging, buzzy social startups approaching monetization in 2024? "There's really only two monetization business models for consumer products," said Tiffany "TZ" Zhong, founder of new social platform NoSpace and early-stage VC firm Pineapple Capital. 3 ways new social-networking startups are approaching monetizationWhile some newer social startups are already monetizing their product, many are still pre-revenue and experimenting with different models to see which will make sense for their product and audience. And Verse CEO Bobby Pinckney told BI that the social platform, centered around music, plans to add a premium subscription that will unlock advanced AI tools, analytics, and templates.
Persons: , there's, Eric Wittman, Tiffany, Zhong, VCs, Bianca Ambrosini, Ambrosini, Marlon Nichols, Nichols, Emma Bates, Andrew Kahn, Danial Hashemi, Alexandra Debow, Bobby Pinckney Organizations: Service, Meta, Business, Pineapple, Mac Venture Capital, Twitter, Crush Ventures, Crush, BI Locations: Berlin
On the vouch dating groups, women post a few pictures of their guy friends, adding details about who the guy is and who he’s looking for, Ms. Pinckney, said. The friend then shares the potential matches with her guy friend and makes the connection if it’s a fit. Approaching the issue of verification from the opposite side of the coin, popular Facebook groups known as Are We Dating the Same Guy? But Are We Dating The Same Guy groups — there are more than 150 in different cities around the world — have become increasingly criticized for divisiveness, toxicity, defamation and privacy issues. Some, like Hinge and Raya, use various strategies to make potential matches feel less like strangers.
Persons: Pinckney, they’re,
House Republicans voted on Monday to hobble the Office of Congressional Ethics. George Santos, facing multiple investigations and ethics complaints, called the changes "fantastic." The Office of Congressional Ethics, first established in 2008, is a quasi-independent body tasked with investigating allegations of misconduct against members of Congress. It then makes a determination as to whether those allegations are worth investigating further, at which point it makes a referral to the House Ethics Committee, which is evenly divided between Republicans and Democrats. In 2017, House Republicans voted in conference to subsume the office under the House Ethics Committee, effectively neutering it.
Facebook's Meta and Russian oligarch named in a lawsuit accusing them of "radicalizing" a killer. The family of a state senator who was killed in the 2015 Charleston massacre filed on Wednesday. Clementa Pinckney who was killed during the 2015 massacre, and their daughter filed the lawsuit on Wednesday, accusing Facebook and Yevgeny Prigozhin of exposing the killer to white supremacist propaganda, court papers show. Prigozhin set up Wagner Group in 2014 – a Russian mercenary organization accused of committing war crimes and human rights abuses. The Russian billionaire, who reportedly confronted Russian President Vladimir Putin on the war in Ukraine, was once charged with interfering in US politics.
A lawsuit named Facebook's Meta and a Russian oligarch and accused them of "radicalizing" a killer. The family of a state senator Dylann Roof killed in the 2015 Charleston massacre filed the suit. A judge sentenced Roof to death in 2017 after he shot and killed nine Black people. Prigozhin set up Wagner Group in 2014 – a Russian mercenary organization accused of committing war crimes and human rights abuses. The Russian billionaire, who reportedly confronted Russian President Vladimir Putin on the war in Ukraine, was once charged with interfering in US politics.
BAMBERG, S.C. — Pamela Pinckney was in the hospital, bruised and in pain from several broken bones, when a lawyer named Alex Murdaugh offered his help. Pinckney estimates Murdaugh and his alleged co-conspirators pocketed $1 million owed to her family. Pamela Pinckney remained hospitalized as she endured several operations. Alex Murdaugh told me and my entire Pinckney family that he has our best interests, we don’t have anything to worry about and we’re like family to him,” Pinckney said. Alex Murdaugh is escorted out of the Collation County Courthouse in Walterboro, S.C., on July 20, 2022.
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