Proximity

The Dark, Democratizing Power of the Social-Media Stock Market

In early March, about fifty investors received links to an anonymously created, password-protected Web site. On the site was a seven-page white paper, which opened with the question “What Is BitClout?” BitClout, the paper explained, is a social network that runs on blockchain technology, allowing users to “speculate on people and posts with real money.” Every user is given a public price, which is the amount of money that it costs to buy his or her “creator coin.” With the platform’s native cryptocurrency (also called bitclout), users could buy the coin of any other user on the site.

Source: The Dark, Democratizing Power of the Social-Media Stock Market

Is big tech now just too big to stomach?

The coronavirus pandemic has wrought economic disruption on a global scale, but one sector has marched on throughout the chaos: big tech. Further evidence of the industry’s relentless progress has come in recent weeks with the news that Apple and Amazon both raked in sales of $100bn (£72bn) over the past three months – 25% more than Tesco brings in over a full year.

Source: Is big tech now just too big to stomach?

How software got so noisy, and why it’s probably going to stay that way

  • Facebook, Google Microsoft and other technology companies employ sound designers who specialize in developing distinct sounds that meet product needs and reflect well on their brands.
  • During the Covid pandemic, emails and meetings have proliferated, and so their corresponding sounds have been going off more often.
  • Sound designers listen extensively to sounds before deploying them in products, but they can still be jarring to some people.

Source: How software got so noisy, and why it’s probably going to stay that way

It’s time to ditch Chrome

Despite a poor reputation for privacy, Google’s Chrome browser continues to dominate. The web browser has around 65 per cent market share and two billion people are regularly using it. Its closest competitor, Apple’s Safari, lags far behind with under 20 per cent market share.

Source: It’s time to ditch Chrome

Now That You’ve Bought a Multi-Million-Dollar Music Catalog, What Are You Going to Do With It?

In recent years, as streaming has rapidly become the format of choice for much of the world — and the primary revenue source for recorded music — the value of copyrights has soared. That value climbed even higher when the pandemic flattened the financial engine of the music business — the live-entertainment industry — and copyrights proved themselves to be a remarkably durable asset.

Source: Now That You’ve Bought a Multi-Million-Dollar Music Catalog, What Are You Going to Do With It?

Welcome to Planet Egirl

The most well-known egirls are a distributed vision, an internet melt, collectively funded, in part, by fans’ thirst. They’re queens of the parasocial microcelebrity thing, charging $25 to $35 a month for OnlyFans “gamer girl” lewds or $25 for cosplay photosets. “It’s one of those fantasy things,” says Rusty Fawkes , an egirl with 1.5 million TikTok followers.

Source: Welcome to Planet Egirl

Building the anti-Amazon: How loans and payments help Shopify compete

The pandemic supercharged Amazon’s ecommerce machine — but the same phenomenon strengthened a rising rival, Shopify, which takes a very different approach to selling online. The company positions itself as a counterpoint to Amazon by enabling smaller merchants to create their own stores and develop their own relationships with customers.

Source: Building the anti-Amazon: How loans and payments help Shopify compete

Hackers are targeting employees returning to the post-COVID office

With COVID-19 restrictions lifting and employees starting to make their way back into offices, hackers are being forced to change tack. While remote workers have been scammers’ main target for the past 18 months due to the mass shift to home working necessitated by the pandemic, a new phishing campaign is attempting to exploit those who have started to return to the physical workplace.

Source: Hackers are targeting employees returning to the post-COVID office – TechCrunch

We have basically no idea if anyone wins Instagram giveaways

In 1851, the inventor and entrepreneur Benjamin T. Babbitt began traveling around the United States in a wagon, offering consumers free lithographic prints with the purchase of baking soda. According to historian Wendy A. Woloson , this new mode of marketing inspired enterprising salesmen to launch their own prize giveaways, many of which ended up being scams.

Source: We have basically no idea if anyone wins Instagram giveaways

Apple is a decade ahead of rivals in wearables 

 

Last week, Apple quietly unveiled one of the more remarkable pieces of technology that has been developed in the past few years. AssistiveTouch allows one to control an Apple Watch without actually touching the device. Instead, a series of hand and finger gestures can be used to control everything from answering a call to ending a workout.

Source: Through its custom silicon, integrated sensors, design-led focus on user experience, and broad ecosystem, Apple is a decade ahead of rivals in wearables (Neil Cybart/Above Avalon)

Bandsintown data shows in-person concerts returning much faster than predicted 

Data from Bandsintown’s 62 million registered users and 550,000 artists reveal a robust and surprisingly fast return of in-person concerts. 78% of announced concerts are happening in the next 6 months The number of live concerts announced to happen as early as this weekend is exploding as concerns over fan and artist hesitancy as well as the time needed to launch a new tour prove unfounded.

Source: Bandsintown data shows in-person concerts returning much faster than predicted – Hypebot

QAnon is disappearing from online view

Specific language about the QAnon conspiracy theory has all but disappeared from mainstream public social media platforms, new research concludes. Driving the news: Researchers from the Atlantic Council’s Digital Forensics Lab found that the volume of QAnon content available online plummeted following major moderation and policy moves from Google, Facebook and Twitter.

Source: QAnon is disappearing from online view

NYC’s School Algorithms Cement Segregation. This Data Shows How 

Why students end up at one school instead of another can be a bit mysterious—the product of “screening” algorithms that more than 100 high schools in the city customize and then use to decide which students to admit, often using variables like test scores, attendance, and behavioral records that disproportionately affect students of color. 

Source: NYC’s School Algorithms Cement Segregation. This Data Shows How – The Markup

Why Amazon is paying nearly $9 billion for MGM and James Bond

 The media world is consolidating and there aren’t many targets left for a would-be acquirer. Amazon has spent many billions on video without much to show for it, and thinks owning a studio — and, crucially, the rights to the intellectual property the studio owns — could help it create Really Big Movies and TV Shows You Really Want To Watch. Not so much because it wants to own streaming, but because it wants you to keep coming to Amazon. MGM, meanwhile, has been trying to sell itself for years.

Source: Why Amazon is paying nearly $9 billion for MGM and James Bond