trends

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?

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

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

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

How fintechs can keep riding crypto trading hype while addressing environmental concerns

Demand for the likes of Bitcoin and Ether is unlikely to crash simply because of environmental concerns, but fintechs should add access to other cryptos with smaller carbon footprints to attract environmentally-minded customers. Cardano, for example, uses the less energy-intensive “proof of stake” verification protocol and was recently added by Revolut. In addition, firms like Tesla may one day pick Cardano or other green cryptos as more sustainable alternatives to Bitcoin, enhancing their recognition among investors.

Source: How fintechs can keep riding crypto trading hype while addressing environmental concerns

Letter from Los Angeles: The Anxiety of Influencers

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It occurs to me that the Clubhouse management actually cares very little about the long-term fates of these kids. After all, there’s a fungible supply of well-complected youngsters constantly streaming into Los Angeles. Only a very small percentage of these kids will actually make it in the industry; the rest of them, Amir tells me, will eventually just “cycle through.”

Source: [Letter from Los Angeles] The Anxiety of Influencers, By Barrett Swanson | Harper’s Magazine