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TikTok creators could soon start charging fans to watch their videos, per The Information. The company hopes a paywall and second Creator Fund 2.0 would help to reward creators on the app. These projects aim to bring more users to TikTok after the platform's use among US adults plateaued last year. Only 21% of US adults currently use TikTok, according to a 2021 Pew Research study, compared to 67% of US teenagers, according to a 2022 Pew Research poll. "We're committed to exploring new ways to create a valuable and rewarding experience for the TikTok creator community," a TikTok spokesperson told Insider, though they declined to comment on the specific features.
A Dutch startup founded by Apple alumni has raised $5.3 million from Notion Capital. Check out the 12-slide pitch deck it used to raise the fresh funds. Vev, a startup founded by ex-Apple staffers, has just raised $5.3 million from Notion Capital and Point Nine Capital. The round was led by European B2B SaaS and cloud venture capital firm Notion Capital, which has previously backed GoCardless and Paddle. Check out the 12-slide deck used to raise the fresh funds.
One of the really interesting questions here – this will be fascinating – the core of linear TV is sports rights. When you look at the size and scope of the linear TV business, it's huge. Patrick T. Fallon | Afp | Getty ImagesByron Allen, Entertainment Studios founder and CEO: I think linear TV will exist for a very, very long time. Simmons: I believe Apple, out of nowhere, will start making their own awesome televisions that have Apple TV embedded in them. We are witnessing early stages of this dynamic with deals like "NFL Sunday Ticket" on YouTube and the MLS deal with Apple TV.
After Akio Toyoda, CEO and President of Toyota, announced he was stepping down on Thursday, he shared his advice to his successor and his business philosophy. After Akio Toyoda, the CEO and President of Toyota, announced he was stepping down on Thursday, he shared his advice to his successor and broke down his business philosophy. "I told Sato 'don't try to run the company on your own, but as a team'," Toyoda said. Toyoda is due to officially step down as CEO and president on April 1, and will then become chairman of the board. His successor Sato is currently chief branding officer and is the head of Toyota's racing arm Gazoo and its Lexus division.
Ark Invest's Cathie Wood said her conviction in Tesla remains strong as ever as she kept buying the dip in the electric vehicle company. "Just from electric vehicles there could be... it is almost a fivefold increase in this stock during the next five years," Wood said during an investor webinar on Thursday. Wood previously predicted that the shift to electric vehicles will be drastic, resulting in 60 million EVs sold in five years. The innovation investor has been a longtime Tesla bull, seeing shares hitting a split-adjusted level above $1,500 by 2026. Wood revealed Thursday that she took some profits in Exact Sciences and put much of those profits into Tesla.
Amazon's HR and retail bosses sent out the following emails to employees on Wednesday. In response, Amazon's HR boss Beth Galetti and most senior retail executive Doug Herrington sent out the following emails to their respective teams. I understand how difficult this news is for our entire team, especially for those employees who are directly impacted. Notification emails will be sent out to impacted employees shortly, and we expect all notifications in the U.S., Canada and Costa Rica to be completed by end of the day today. Although other companies might have balked at the short-term economics, we prioritized investing for customers and employees during these unprecedented times.
The section will focus on how people can take action to address the climate crisis in their homes, businesses, and communities. Today, Insider is launching a new destination — One Planet — that draws inspiration from the messages of Climate Action 30. The project will also convene in-person and virtual events adjacent to the world's biggest global climate activations, such as COP28 and Climate Week NYC. Underpinning One Planet will be the spirit of entrepreneurship and the innovations and technologies that will unlock climate progress. Journalists from across Insider's global newsroom will contribute to One PlanetOne Planet will be led by editor Lily Katzman, who also edited the Climate Action 30 project.
The importance of addressing climate change has never been greater. No single business or organization can tackle climate change on its own. On the first day of Climate Week NYC, industry experts gathered to discuss what's stopping us from getting climate action done. Helping small and medium-sized customers optimize their climate efforts allows companies with the resources and reach of Hitachi to extend climate action beyond their current offerings. Discover how Hitachi is getting it done by driving climate action through its sustainable technologies and solutions.
Bluetooth tagging devices are catching on, and keeping an eye out on the world in ways never before possible. For pet owners, these GPS devices can be used as a cheaper alternative to microchipping your dog. Here are some basics to know about Bluetooth tags if you're using one already, or considering adding one to your tech-enabled life. "The problem with Bluetooth trackers … is there's no way to prevent a victim from being stalked by one of these devices because they don't control it. Two women recently filed a class-action lawsuit against Apple alleging lack of protections the AirTag has against stalking.
Vimeo is laying off 11% of its workforce, a company spokesperson confirmed. Vimeo CEO Anjali Sud told staff in an email that the workforce reduction is an attempt to address deteriorating economic conditions. In an email to staff, Vimeo CEO Anjali Sud said the layoffs would impact 11% of the company's workforce. In the email, Sud said employees would be notified via individual emails and an invitation to meet with their team leader and a member of human resources. A Vimeo spokesperson told Insider the layoffs will help the company address economic concerns.
‘The View’ pays tribute to Barbara Walters
  + stars: | 2023-01-03 | by ( Jordan Valinsky | ) edition.cnn.com   time to read: +5 min
New York CNN —“The View” returned from its holiday hiatus to pay tribute to its creator, Barbara Walters, who died last week at 93 years old. Vieira thanked Walters for allowing her to “reinvent” herself from a journalist to a talk show host. Former hosts pay tributeOver the past few days, former co-hosts of “The View,” which first aired in 1997, honored Walters on social media. Matenopoulos, who was 22 years old when Walters picked her as one of the show’s original co-hosts, thanked her on Instagram for taking a chance on her. At that network, Walters launched “The Barbara Walters Specials” and “10 Most Fascinating People” before becoming a co-host and correspondent for ABC News’ “20/20” in 1984.
Corporate Tech Leaders Untangle Their Cybersecurity Roles
  + stars: | 2022-12-22 | by ( Belle Lin | ) www.wsj.com   time to read: +6 min
Information technology and cybersecurity chiefs grew closer than ever in 2022, a dynamic allowing for more comprehensive threat mitigation, but raising new questions over responsibilities. About 50% of the company’s threat planning simulations, in which IT plays an active role, involve ransomware scenarios, according to Ms. Smart. Ms. Allison is retiring at the end of the year, the company said, and will be succeeded by Gary Harbison. Photo: Adobe Inc.Prasad Ramakrishnan, the CIO and former CISO of software maker Freshworks Inc., said IT and security have shared roles in evaluating the cybersecurity resiliency of corporate software purchases. And in securing a hybrid work environment, his joint cybersecurity and IT roles included adding a new cybersecurity layer on top of cloud-based software on company laptops.
Evercore ISI initiates American Express Global Business Travel Group as outperform Evercore initiated the corporate travel business company with an outperform rating and said it's a beneficiary of corporate travel recovery. AmEx GBT is the leading business to business travel management platform, providing software and services to manage travel, expenses, and events for corporate travel." Morgan Stanley reiterates Tesla as overweight Morgan Stanley said it sees a "buying opportunity" for shares of Tesla. Piper Sandler reiterates Tesla as overweight Piper said Tesla could become a key ESG holding. Morgan Stanley reiterates Wells Fargo as overweight Morgan Stanley said the banking giant is a top beneficiary of rate increases. "
Thousands of proptech employees were laid off in 2022 because of industry-wide struggles. Insider created this list of proptech startups that have all the makings of future success. The word of the year for proptech startups is … layoffs. This list is not meant to be all-inclusive, but instead offers a glimpse at some of the bright spots of the real-estate industry. In other words, these companies — which are listed alphabetically — could separate themselves from the pack in 2023.
A surprise announcement from the Bank of Japan sent investors spinning and global markets reeling on Tuesday. The country’s central bank signaled that it would reverse two decades of policy precedent and begin to move away from loose monetary policy intended to keep wages and prices high. The Japanese Central Bank loosened the yield on its 10-year government bonds from 0.25% to 0.5%. The central bank said that inflation expectations have risen. Japan’s is the last major central bank to keep rates negative and this signals that it could be shifting its stance.
Five Panera workers told Insider that thefts forced them to keep mobile orders behind the counter. Panera, like many other quick-service restaurants, leaves bagged mobile orders on shelves for customers to pick up. The chain introduced Rapid Pick-Up for customers who order food to-go in 2014 as part of its Panera 2.0 rebrand. "As long as I remember having RPU [Rapid Pick-Up] at Panera, there has always been theft," a cashier in the Midwest told Insider. A manager in the Southeast told Insider that all caffeinated Charged Lemonades in her market are behind the counter because of theft.
Here are 15 power players who are using social to shape the music industry in 2022. 2022 was a massive year for music on social media, as short-video apps like TikTok became the dominant platforms for fans to discover new songs. "Every short-format platform's got music on it now," Ted Suh, global head of music partnerships at Snap Inc., told Insider. The marriage of short-form video and music has become so pervasive that it's become a focus for tech incumbents including YouTube, which has 80 million paying subscribers across its YouTube Music and Premium services. The process has been both democratizing and exhausting for performers who often have to maintain active accounts across social media to succeed.
New York CNN —3M, the conglomerate behind Post-It notes and Scotch tape, will stop making controversial per- and polyfluoroalkyl substances (PFAS) by the end of 2025. The chemicals, commonly known as “forever chemicals,” are found in hundreds of household items and used to make coatings and products that can repel water, grease, heat and oil. Over the past decade, chemical manufacturers have voluntarily stopped producing two of the most commonly used forever chemicals, including PFOS and PFOA. At the federal level, the US Food and Drug Administration phased out the use of certain PFAS chemicals in 2016. The FDA and manufacturers agreed in 2020 to phase out some PFAS chemicals from food packaging and other items that came into contact with food.
Meta's chief tech officer wrote in a blog post on Monday that the company is committed to the metaverse. Meta will continue to invest 20% of its spending on the efforts. Bosworth addressed criticism that the company was diverting attention away from its core platforms like Instagram to focus on the metaverse. The post comes after John Carmack, who was the consulting CTO of Meta's virtual-reality initiative, including its Meta Quest headset, left the company last week. "During boom times, it's easy to make big, ambitious investments in what's coming next," Bosworth wrote in his Monday post.
David Ripley says crypto price drops tend to expose those that aren't following proper protocol. Earlier this year, FTX swooped in to try and save the distressed firms, posing as the blue-chip of crypto companies. David Ripley, COO at crypto exchange Kraken and incoming CEO of the firm, says price drops tend to expose those that aren't following proper protocol. It will take the crypto from being just a global payment mechanism to a fast and low-cost global payment network. As for major providers in the space, trusted and reliable crypto companies will see an increase in their market share to fill the demand, he said.
Setpoint, a property tech startup that provides financing for real estate, has raised $43 million. The Series A round was led by US investing giant Andreessen Horowitz. Setpoint provides access to financing for single-family residences (SFR), fractional ownership, and rent-to-own housing and works with property tech companies like Flyhomes. Setpoint's Series A funding round was led by Andreeseen Horowitz with participation from Stonecroft, 75andSunny, Fifth Wall, 645 Ventures, NextView Ventures, LiveOak Venture Partners, Vesta Ventures, and ATX Venture Partners. "Venture investors are certainly being more cautious, but in our experience, companies that have found great product-market-fit are getting funding," Wall added.
New York CNN Business —Philadelphia Cream Cheese is launching a non-dairy version of its signature spread. The plant-based cream cheese is now available at grocery stories in Atlanta, Houston, Miami and other locations in the Southeast, with a wider rollout planned for summer 2023. Philadelphia's plant-based cream cheese is available in the Southeast. According to data from IRI, only about 41% of households who buy plant-based cream cheese make a second purchase within the year. “It’s just easier to forgo cream cheese and cheese … than it is to forgo meat,” he said.
Drug discovery startups bagged a record $5.5 billion globally in 2021, per Dealroom data. Startups are innovating ways to speed up the expensive and time-consuming process of drug discovery. Investor appetite peaked as the pandemic highlighted the need for efficient approaches to drug discovery, from shorter clinical trial times to quicker avenues to mass distribution. Daniel noted that healthtech VCs are particularly keen to back drug discovery startups that have a sound network of advisors. "There will be lots of players out there and we'll probably see a lot of aggregation in the coming years," Daniel told Insider.
Today features my conversation with top strategist and economist, Ed Yardeni, on his recession outlook and what he sees as the US economy's biggest risks for 2023. Ed Yardeni, President of Yardeni Research Ed YardeniEd Yardeni is the president of Yardeni Research. Ed Yardeni: For the past year or so, the main issue for the US economy is inflation. EY: They can either continue to tighten until they cause a recession, but that's not my most likely scenario. I think either rates are going to go higher, causing a recession, which would bring interest rates down next year.
Their fiercest fight is taking place for the city of Bakhmut, besieged for months by Russian forces. As a CNN team drove in on the heavily trafficked main road, a Russian artillery shell landed on a building just a few dozen yards away. Much of this war is fought avoiding the incessant Russian artillery threat. Ukrainian soldiers watch a real-time feed from a drone as they target artillery strikes on Russian positions. Further toward the front, in a treeline bordering farmland, is the Ukrainian artillery unit on the other end of the phones with the basement.
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