DIRS.INFO The most relevant business & tech news

☆ Business Is Buzzing Again for the Meme Makers of the Left
▼ + stars: | 2024-07-28 | by ( Kevin Roose | ) www.nytimes.com time to read: 1 min

Last Sunday, after President Biden announced he was stepping down from his presidential campaign and endorsing Kamala Harris as his replacement, Democratic meme makers rejoiced. Minutes after the announcement, a group chat called “Rebel Alliance” — made up of left-wing creators who got to know one another during the 2020 campaign — lit up with excited messages. “All the progressive meme warriors are giddy right now,” said John Sellers, a co-founder of The Other 98 Percent, a popular left-wing Facebook page with 7.1 million followers, who participated in the chat. There’s “genuine excitement” about Ms. Harris among liberal creators, he said, “whereas with Biden we were trying to manufacture excitement from vapor.”

Persons: Biden, Kamala Harris, —, ”, John Sellers, There’s, Harris Organizations: Democratic

☆ What is 'underconsumption core'? A new trend on TikTok aims to get GenZ to buy less.
▼ + stars: | 2024-07-28 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +4 min

For many Gen Zers, the generation between the ages of 12 and 27, TikTok is the primary social media platform where they find products to buy. Gen Z doesn't really trust influencers anymoreInfluencers don't hold the same power they once did among younger audiences, some research suggests. Because of limited regulation of the social media advertising space, fraud runs rampant on social media . Some evidence suggests Gen Z is benefiting financially from living at home but may not feel these benefits because of money dysmorphia. This dysmorphia can sometimes be fueled by social media, where wealthy lifestyles are on display.

Persons: —, Zers, TikTok, it's, Stanley, Jade Taylor, Gen Z, Influencers, aren't, Gen, Z, Brett House Organizations: Service, Business, New York Times, Times, Yahoo News, Columbia

☆ Insider Today: The world's meanest app
▼ + stars: | 2024-07-28 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Buying a home is an absolute disaster, but this 19-year-old real-estate agent has a unique way of showing you homes quickly. On the agenda today:This story is available exclusively to Business Insider subscribers. Getty Images; Jenny Chang-Rodriguez/BIShow me the profitsAs businesses continue to figure out ways to leverage generative AI, investors are starting to wonder: How can this help the bottom line? The world's meanest app.

Persons: —, it's, Matt Turner, Stocks, Jenny Chang, Rodriguez, Elon Musk's, Alyssa Powell, They're, Altman's, Alvaro Dominguez, — Mark Moran Organizations: Service, Business, Getty, Apple, Microsoft, Meta, Nvidia, Lazard

☆ A Digital Coin Based on Baby Trump? Yup.
▼ + stars: | 2024-07-27 | by ( David Yaffe-Bellany | ) www.nytimes.com time to read: +1 min

The dog was cute, he thought, but more important, its name evoked something every crypto trader covets — billionaire status. “I started hearing people say ‘Billy’ to a billy,” Mr. Bailey said. “Kind of has that ring to it.”Mr. Bailey bought about $900 of $BILLY on Pump.fun, a leading vendor for memecoins, volatile cryptocurrencies based on the fluctuating popularity of internet memes. Many of the tokens have names like Bread (yes, the meme is a loaf of bread) or Baby Trump (the former president in a diaper). One of the most popular memecoins is based on Pepe the Frog, an alt-right mascot that is sometimes used as a hate symbol.

Persons: Josh Bailey, Billy, covets, “, Billy ’, billy, ” Mr, Bailey, Mr, BILLY, Pump.fun, Baby Trump, Pepe Locations: Austin , Texas

One of the most shorted names in the market this week includes downbeat auto stock Vinfast Auto . Short selling is a high-risk strategy used by investors to speculate on a potential decline in a stock's price. VinFast's short interest as a percent of float jumped 26% to 4.5 million shares, or nearly 40% of float. Short interest in health-care company Cassava Sciences jumped 23% to 16.1 million shares, or about 36% of float. Short interest in the social media platform and meme stock darling fell 16%, to just 23% of float.

Persons: Kohl's Organizations: CNBC, Nasdaq, York Stock Exchange, Sciences Locations: North Carolina, Kohl's

☆ Why JD Vance is being dogged by couch memes — and struggling in general
▼ + stars: | 2024-07-26 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +6 min

Read previewNearly two weeks after former President Donald Trump selected JD Vance to be his running mate, it's safe to say the Ohio senator is struggling. His polling is the worst of any non-incumbent vice presidential nominee in decades. Related storiesThat lack of familiarity is a key reason that the memes about Vance having sex with a couch have taken off. By Thursday, social media was awash with memes riffing on the notion that Trump's vice presidential nominee had once fornicated with a couch. In Vance's case, the meme seems to be an ironic stand-in for other issues that voters may have with the Ohio senator, even if they know he probably didn't have sex with a couch.

Persons: —, Donald Trump, JD Vance, they've, he's, Vance, MAGA, Joe Biden, they're, Blake Masters —, it's, — JD Vance, @JDVance, Kamala Harris —, Tucker Carlson, I've Organizations: Service, Business, Trump, Associated Press, Democratic, CNN, Ohio, Senate, GOP Locations: Ohio, Arizona, New York

☆ Harris’s Indian Heritage Is Deeply Felt if Little Advertised
▼ + stars: | 2024-07-24 | by ( Anupreeta Das | ) www.nytimes.com time to read: +1 min

Tamil Nadu, the South Indian state where her mother’s family is from, is one of India’s largest growers of coconut palms. It’s also the kind of thing an Indian parent might say. Ms. Harris, the vice president and Democratic candidate for president, neither advertises nor shies away from her Indian heritage. Last year, Ms. Harris spoke of her deep personal connection to India at a luncheon in Washington for Narendra Modi, the Indian prime minister, whom the United States has been courting. Her introduction to the concepts of equality, freedom and democracy came from her Indian grandfather, Ms. Harris said, with whom she went on long walks during her visits to Chennai.

Persons: Kamala Harris, Harris, It’s, Narendra Modi Organizations: Indian, Democratic Locations: Tamil Nadu, India, Washington, United States, Chennai

☆ How Truth Social could make former President Trump billions before turning a profit
▼ + stars: | 2024-07-24 | by ( Carlos Waters | In Carloswaters | ) www.cnbc.com time to read: +2 min

Truth Social is a social media platform whose majority owner is former President Donald Trump. The public has limited access to Truth Social's usage data, which drives advertising sales, a key metric for success at Truth Social. Truth Social's parent company, Trump Media & Technology Group, is the product of a blank-check merger with a special purpose acquisition company, or SPAC, which was completed in March 2024. Securities and Exchange Commission filings for Trump Media & Technology Group mention a variety of risks, including that it could potentially fail to live up to its promise to generate users and advertisers. Watch the video above to learn more about Truth Social and its parent company, Trump Media & Technology Group.

Persons: Donald Trump, Michael Klausner Organizations: Truth, CNBC, Trump Media & Technology Group, Trump, TMTG's, Acquisition Corporation, Investors, Stanford Law School, Securities, Exchange, Trump Media & Technology, Social

☆ How Kamala Harris can beat Donald Trump
▼ + stars: | 2024-07-24 | by ( Harry Enten | ) edition.cnn.com time to read: +4 min

Still, the 2020 results show that Harris can make up even more ground with these groups in her expected matchup against Donald Trump. Among Black voters, Biden led Trump 84% to 9% at the end of the 2020 campaign. This may seem like bad news for the Harris campaign, and, in one clear way, it is. Without improving among these groups, Harris likely cannot win against the former president. The bottom line is that the latest CNN polling provides the Harris campaign with some hope.

Persons: CNN — Kamala Harris, Joe Biden, Harris, Donald Trump, Biden, It’s Harris, there’s, Harris overperforms Biden, It’s Organizations: CNN, Trump, Black, Biden, Voters, Democratic, Electoral, Congressional District, Sun Locations: Michigan, Pennsylvania, Wisconsin, Arizona , Georgia, Nevada, North Carolina, battlegrounds

☆ Duolingo Is the Meanest App in the App Store. Gen Z Loves It.
▼ + stars: | 2024-07-23 | by ( Kelli María Korducki | ) www.businessinsider.com time to read: +12 min

After all, I knew perfectly well what I'd signed up for: learning Portuguese from the biggest asshole on the App Store. It might be an overstatement to call tough love the secret sauce for engaging Gen Z customers. It followed that in 2023 with a send-up of personal-injury-attorney TV ads: "Lawyer Fights Duolingo Owl for $2,700,000." Despite the research, Duolingo insists its guilt-tripping notifications do the trick of enticing people to drop whatever they're doing to log on to the app. When Duolingo's head of product, Cem Kansu, posted a thread in 2020 about the success of "the passive aggressive reminder," several unhappy Duolingo users chimed in.

Persons: I'd, — Locations: Lisbon

☆ The Triumphant Comeback of the Kamala Harris Meme
▼ + stars: | 2024-07-23 | by ( Amanda Hess | ) www.nytimes.com time to read: +1 min

Kamala Harris is a highly memeable presidential candidate. Videos of Harris dancing at campaign events were labeled “cringe.” The stickiest anti-Kamala meme of the 2020 election — that the former prosecutor Harris “is a cop” — united leftists, Black Twitter and Republican trolls in an internet-wide project of framing Harris as either a reactionary or a hypocrite. Since President Biden bowed out of the race and threw his support to Harris, the familiar old Kamala memes have risen again. Her dance moves have been set to Charli XCX songs and filtered through Charli’s lime-green “Brat”-era branding, bathing Harris in her chill hot-mess pop star glow. Even “Kamala Harris is a cop” has been reclaimed, with an exaggerated wink, by supporters eager to fashion it into a winning general-election pitch.

Persons: Kamala Harris, Harris, ”, Harris “, —, Black, Biden, Kamala, Charli, “ Kamala Harris Organizations: Republican YouTube, Black Twitter

☆ Kamala Harris' stepdaughter Ella Emhoff says 'Charli XCX gets it' after the singer declared 'Kamala IS brat'
▼ + stars: | 2024-07-23 | by ( Talia Lakritz | ) www.businessinsider.com time to read: +1 min

Charli XCX declared "Kamala IS brat" on X, and Harris' campaign is embracing the endorsement. Harris' stepdaughter, Ella Emhoff, shared Charli XCX's post and said the singer "gets it." Charli XCX's sixth studio album, "Brat," was released in June and sparked viral trends. AdvertisementEven Kamala Harris' stepdaughter, Ella Emhoff, is in on the Charli XCX "brat" memes powering the Harris campaign's social media strategy. On Monday, Emhoff shared Charli XCX's X post declaring "Kamala IS brat" and added, "@charli_xcx gets it."

Persons: Charli XCX, Kamala, Harris, Ella Emhoff, Charli, —, Kamala Harris, Emhoff, @charli_xcx Organizations: Service, Harris, Business

☆ How the hedge fund superstar went extinct
▼ + stars: | 2024-07-23 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

But for now, we're examining how the hedge fund superstar has gone extinct . The big storySo long, superstarGetty Images; Alyssa Powell/BIWhere have all the hedge fund superstars gone? AdvertisementIn years past, even rubbing shoulders with a legendary hedge fund manager was enough for aspiring fund managers to raise capital. Meanwhile, the hedge fund industry has also evolved. Aaron Weiner, a 31-year-old from Coatue, got a multibillion-dollar check from Millennium for his to-be-launched hedge fund .

Persons: —, Kamala Harris, Harris, Alyssa Powell, Insider's Linette Lopez, Julian Robertson, Griffin's, Izzy Englander's, Goldman Sachs, Jared Siskin, Bobby Jain, it's, Aaron Weiner, Jonathan Xiong's, Maja Hitij, Carl Godfrey, Apple, Sam Altman's, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Annie Smith, Amanda Yen Organizations: Service, Democratic, Democratic Party Convention, Business, Getty, Management, Goldman, Madison, Park Conservancy, Citadel, Credit Suisse, Jain, ExodusPoint, Investment Partners, Blackstone, Elon Musk's, Big Tech, Bank of America, BI Founders, Forge, Apple, Google, General Motors Locations: Venture, Wall, Park, Coatue, Miami, London, New York

☆ CNBC Daily Open: Biden drops out
▼ + stars: | 2024-07-22 | by ( Abid Ali | ) www.cnbc.com time to read: +5 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Starbucks stake Activist investor Elliott Management has taken a substantial stake in Starbucks and is engaging with management to boost the company's share price, according to the Wall Street Journal. Get the CNBC Daily Open report in your inbox every morning and keep up to date with the markets wherever you are. Big Tech faces the challenge of rekindling Wall Street's enthusiasm after a $900 billion tech rout.

Persons: haven't, Stephanie Pope, Max, Elliott Management, Laxman Narasimhan, Howard Schultz, CNBC's Jim Cramer, Elon Musk, Dan Ives, Lina Khan, Khan, Ives, CrowdStrike, Fred Imbert, —, Alex Harring, Jesse Pound, Kevin Williams, Leslie Josephs, Josie Rozzelle, Kevin Breuninger, Dan Mangan, Zev Fima, Spencer Kimball, Rohan Goswami Organizations: CNBC, Dow, Boeing, Farnborough, Wall Street, Starbucks, Trump, Microsoft, Securities, Big Tech, Google, Apple Locations: London, New York, New Delhi, Washington

CNN —Within minutes of President Joe Biden endorsing Vice President Kamala Harris to replace him on the Democratic Party’s ticket on Sunday, the internet crackled with lies, altered photos and other misleading claims about Harris. Some supporters of former President Donald Trump – the Republican nominee in the November election – even suggested Biden was the victim of a coup. Meanwhile, a slew of slickly edited pro-Harris videos quickly proliferated on social media as her backers tried to capitalize on the moment. Biden’s likeness was also exploited in the aftermath of his announcement, which came via a post on social media and not televised address. Harris’ team has also embraced a viral post from British pop singer Charli XCX that referred to Harris as “brat,” a concept that includes women and queer empowerment.

Persons: Joe Biden, Kamala Harris, Harris, Donald Trump –, –, Biden, slickly, ” Erik Nisbet, Elon Musk, Alexander Soros, megadonor George Soros, Soros, Musk, Jeffrey Epstein, people’s, Harris ’, Charli, Kremlin mouthpieces, Volodymyr Zelensky, ”, “, ” Joseph Bodnar, they’re, Shane Huntley Organizations: CNN, Democratic, Republican, Democratic Party, Northwestern University’s School of Communication, Trump, PBS, Kremlin, Biden, Google Locations: India, Jamaica, British

☆ CNBC Daily Open: Biden drops out, endorses Harris
▼ + stars: | 2024-07-22 | by ( Abid Ali | ) www.cnbc.com time to read: +4 min

Traders work on the floor of the New York Stock Exchange (NYSE) on June 01, 2023 in New York City. This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Get the CNBC Daily Open report in your inbox every morning and keep up to date with the markets wherever you are. Big Tech faces the challenge of rekindling Wall Street's enthusiasm after a $900 billion tech rout.

Persons: Sebastian Raedler, haven't, Stephanie Pope, Max, CNBC's Jim Cramer, Elon Musk, Dan Ives, Lina Khan, Khan, Ives, CrowdStrike, Fred Imbert, —, Alex Harring, Jesse Pound, Kevin Williams, Leslie Josephs, Josie Rozzelle, Kevin Breuninger, Dan Mangan, Zev Fima, Spencer Kimball, Lim Hui Jie Organizations: New York Stock Exchange, CNBC, Bank of America, Boeing, Farnborough, Trump, Microsoft, Securities, Big Tech, Google, Apple Locations: New York City, London, New York, New Delhi, Washington

☆ Kamala Harris shouldn't go too far on the 'brat' meme stuff
▼ + stars: | 2024-07-22 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +6 min

Read previewKamala Harris is enjoying a moment in the viral sun — with her #KHive surging into the mainstream, admitting they've been "coconut pilled." One coconut emoji too many, and Harris HQ could be veering into cringe, losing the coveted brain rot demographic. They've already started to try to capitalize on the memes — a little: The Harris presidential campaign's official TikTok account posted Charli XCX's Sunday tweet that said: "Kamala is brat." The Kamala HQ bio also reads "ready to provide context," which is a reference to another Harris-related meme. Advertisementkamala IS brat — Charli (@charli_xcx) July 22, 2024(If the coconut and brat references don't make sense to you, a brief explanation: Brat is a reference to Charli XCX's latest album, which has a girls-just-wanna-have-judgment-free-fun vibe.

Persons: —, Kamala Harris, they've, Harris, They've, Kamala, kamala, — Charli, Charli, it's, Sen, Bryan Schatz, y8baSx44FL — Brian Schatz, Brandon, Joe Biden, Biden, Charlie Warzel, Trump, Alexandria Ocasio, Cortez —, Hillary Clinton's, Rachel Platten's, Katy Perry, qMYVn1BOtV, Brian Tyler Cohen Organizations: Service, Business, Hawaii, Biden, Convention

Read previewMemes and celebrity endorsements have already set the tone for Kamala Harris' presidential campaign. Kamala HQ instead posted a Venn diagram, with the two outer circles, "Biden HQ" and "Kamala HQ" merging to form "holding Trump accountable." Across the social media landscape, the energy is palpable, said David Karpf, a professor of media and public affairs at George Washington University. "When you've got a good social media team that has arrived at a cultural moment and pent-up enthusiasm, they get to play with it." While Harris' team is focusing on younger voters and voters of color, the appeal of social media transcends age, North said.

Persons: —, Kamala Harris, Joe Biden, Biden's, Kamala, Harris, Biden, Kamala HQ's, kamala, Hawaii Sen, Brian Schatz, y8baSx44FL — Brian Schatz, Jared Polis, David Karpf, Obama, Karpf, you've, It's, Karen North, Charlie XCX, Hillary Clinton —, Hillary Clinton, Phoenix Andrews, Trump, Logan, Dana White's, They've, Gen Z Organizations: Service, Business, Trump, George Washington University, USC Annenberg, University of Aberdeen, UFC Locations: Hawaii, Colorado

☆ Charli XCX called Kamala Harris a ‘brat.’ Here’s why that’s a strong endorsement for the candidate
▼ + stars: | 2024-07-22 | by ( Lisa Respers France | ) edition.cnn.com time to read: +4 min

British pop singer Charli XCX has entered the virtual chat, posting “kamala is BRAT” on X on Sunday. kamala IS brat — Charli (@charli_xcx) July 22, 2024If you don’t understand what that means, you are both not alone and in a safe space. Charli XCX Explains 'BRAT' Bright Green Inspiration "Boo To Cool Vibes" | Billboard Cover #ShortsThere is even a “brat” color, a very specific shade of chartreuse, which the internet has all but declared as the color of the summer. Gen Z votersIf Harris secures the Democratic nomination, she’ll be working for every vote in the race against former President Donald Trump. Soon after President Biden endorsed Harris, the internet was flooded with meme photos and videos of everything from Harris dancing to coconut trees.

Persons: Taylor Swift, Beyoncé, Kamala Harris, Charli XCX, kamala, ”, — Charli, Charli, “, Kamala, Harris, she’ll, Donald Trump, David Hogg, Marjory Stoneman, ” Hogg, VyQQVZnKmE — David Hogg 🟧 Organizations: CNN, Democratic, Younger, Marjory Stoneman Douglas High School, ust, ard Locations: British, Parkland , Florida

☆ Trump says he loves Elon Musk even though he never heard of the $45 million-a-month donation plan from the billionaire
▼ + stars: | 2024-07-21 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +3 min

Read previewDuring a rally in Michigan on Saturday, Donald Trump had high praise for Elon Musk, calling the Tesla CEO a "great" and "brilliant guy." Musk came out with an endorsement of Trump on July 13, the day of the assassination attempt. "I read — I didn't even know this, he didn't even tell me about it, but he gives me $45 million a month," Trump said. Related storiesDuring the Saturday rally, Trump said he thinks electric cars are "incredible, but they're not for everybody." It will only help Tesla," Musk said on X on July 16.

Persons: —, Donald Trump, Elon Musk, Musk, Trump, Elon, DJT, they're, Biden, Tesla Organizations: Service, Trump, Street, Business, Environmental Protection Agency, Twitter Locations: Michigan

☆ Democratic consensus solidifies around Harris, should Biden step aside
▼ + stars: | 2024-07-20 | by ( Edward-Isaac Dovere | Lauren Fox | ) edition.cnn.com time to read: +11 min

But if that suddenly changes, two dozen leading Democratic politicians and operatives told CNN, they can’t realistically see this ending any other way. Still, it’s an idea some Harris backers support, doubting that anyone serious would challenge her, as much chest puffing as there is behind the scenes. Multiple Democratic members of Congress who have called for Biden to go declined on Friday when asked by CNN if they were ready to say they want Harris to be the nominee. “I do believe it has to be the vice president. Biden’s hand would matterFew can conceive of Biden stepping aside and not tapping his running mate to take over.

Persons: Joe Biden, Kamala Harris, Biden, –, “, ”, Donald Trump, hypotheticals, Harris, That’s, they’ve, She’s, It’s, isn’t, Biden’s, pained Biden, Barack Obama, Hillary Clinton, He’d, Jim Clyburn, Biden —, —, Eleni Kounalakis, Harris –, “ Biden, Kamala, Harris haven’t, hasn’t, Vicente Gonzalez, ” Gonzalez, They’ll, Mike Johnson’s, They’re, Alexandria Ocasio, Cortez, ‘, Ashley Etienne, Jared Golden, Golden Organizations: Washington CNN, Democratic, CNN, Democrats, Democratic House, Black, South Carolina Rep, Congressional Black Caucus, . Texas Rep, ” New York Rep, ”, Maine Democrat, Biden Locations: Covid, –, Chicago, Provincetown , Massachusetts, California, ., America, Alexandria, Washington, Maine

☆ Markets broaden as investors sell tech winners, but further turbulence may be on the way
▼ + stars: | 2024-07-20 | by ( Michael Santoli | ) www.cnbc.com time to read: +7 min

The four best-performing stocks in the S & P 500 year to date were down an average of 13.5% last week. .SPX 5D mountain The S & P 500's performance in the past five trading days. The anchoring effect of a persistently strong half-dozen $1-trillion to $3-trillion companies atop the S & P 500 while most stocks wallowed had the effect of suppressing index volatility. The S & P 500 is now about 3% off its record, and the Nasdaq 100 is in a roughly 5% retreat from its high. History says when the S & P 500 has been up more than 10% in the first half of a year , as in 2024, it has gone to further highs by year's end nearly every time.

Persons: Russell, Donald Trump, Cash, Parag Thatte, Thatte, Goldman Sachs, wallowed, Cantor Fitzgerald Organizations: Axonic Capital, Deutsche Bank, Nasdaq

☆ The mass IT outage is causing chaos, but social media users are having a field day
▼ + stars: | 2024-07-19 | by ( Alexandra Bacon | ) www.businessinsider.com time to read: +4 min

While businesses scramble to deal with the consequences of the hit, social media users are responding in the best way they know how: memes. 'The blue screen of death'Many PC users logged on to their computers on Friday to be met with Window's so-called blue screen of death. Attached is a photo of five laptops on an office desk, all displaying the "blue screen of death." Advertisement"Crowdstrike is accomplishing what we thought Y2K would be, it's quite impressive," one user posted on X. AdvertisementSocial media users have been quick to point out the irony of how CrowdStrike's software, which is meant to prevent businesses from being brought down, has ended up accidentally causing so much chaos.

Persons: —, Window's Organizations: Service, Microsoft, Business Locations: Las Vegas

☆ Elon Musk mocks Microsoft over the global IT outage
▼ + stars: | 2024-07-19 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +1 min

Elon Musk mocked Microsoft over global IT outage impacting multiple sectors. The X owner posted a laughing emoji in response to a meme poking fun at Microsoft. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementElon Musk poked fun at Microsoft over a global IT outage on Friday. The billionaire posted a laughing emoji in response to a meme shared on X mocking the disruption.

Persons: Elon Musk, —, Elon Organizations: Microsoft, Service, Business Locations: Airlines

☆ Spotify Pushes Your Favorite Artists to Favor Quantity Over Quality
▼ + stars: | 2024-07-18 | by ( Dan Whateley | ) www.businessinsider.com time to read: +10 min

"It's a very momentum-driven market," said Ben Klein, the cofounder at the record label and music-marketing firm Hundred Days. Still, for some artists, albums can be a useful tool for marketing, streaming economics, and nourishing their biggest fans. "If you're capturing all of your fans and the fans are streaming 10 songs or they're streaming 30 songs, it actually makes a big difference on charting and streaming revenue." AdvertisementOf course, writing lots of quality songs for an album is easier said than done. And some artists are wary of letting social-media strategies or streaming incentives bleed into the creative process.

Persons: Charli XCX, cheekily, Taylor Swift, Nima Nasseri, Morgan Wallen's, Beyoncé, Cowboy Carter, Swift, Nathan Hubbard, Billie Eilish, Ben Klein, superfans, David O'Connor, Z, Steve Jobs, Robert Fink, Charlie Green, YouTuber, Taylor Lindsey, Brian Zisook, Audrey Benoualid, Myman Greenspan, Ariana Grande, Tate McRae, Judah, Judah Akers, Superfans, Marie Clausen, Akers, Dan Whateley Organizations: Universal Music Group, Poets Department, Nation Entertainment, Napster, iTunes, Herb Alpert School of Music, Sony Music Nashville, Lion, RIAA, Business

Search resuls for: "Meme"

25 mentions found