Instagram and its users do benefit from the app’s ownership by Facebook, which invests tons in new artificial intelligence technologies. Now that AI could help keep Instagram more tolerable for humans. Today Instagram announced a new set of antii-cyberbullying features.
SoundCloud moves painfully slow for a tech company, and no one feels that pain more than musicians who are popular on the site but don’t get paid. 10 years since SoundCloud first launched, and four years since it opened an invite-only program allowing just the very biggest artists to earn a cut of the ad and premium subscription revenue generated by their listeners, SoundCloud is rolling out monetization.
Right now, it seems unlikely, says the major label’s CEO Rob Stringer – particularly because, as we stand, Sony’s relationship with Daniel Ek’s company is “an arrangement which is working for the both of us”.
Warner Music Group announced WMG Boost on Friday (Oct. 5). WMG Boost is a seed-stage investment fund created by WMG to support entrepreneurial growth and unique thinking within the music industry. The fund will invest in businesses in their earliest stages of development that have relation to recorded music business.