What SoundCloud’s New Payout Structure Could Mean for Artists
SoundCloud’s recently announced a big change in how it’ll be paying artists on its platform in an effort to help smaller artists actually make money from their music and benefit directly from listeners and fans. The system, dubbed “fan-powered royalties,” will exist in contrast to the typical payment structures on competing streaming services. Apple Music …
Roblox Makes Stock Market Debut at $38 Billion Market Cap
The popular children’s gaming app Roblox had a strong debut on the New York Stock Exchange yesterday, with its stock price closing at $69.50 a share, causing Roblox to reach a market cap of $38.26 billion, according to CNBC. Roblox went public with a direct listing, which is a method used by other tech giants, …
Third-Degree Murder Charge Reinstated Against Derek Chauvin for George Floyd’s Murder
A Minnesota judge has added an additional third-degree murder charge, officially reinstating it, against former Minneapolis Police officer Derek Chauvin for the murder of George Floyd, according to CNN. Chauvin already faces second-degree unintentional murder and second-degree manslaughter charges. The new charge will give prosecutors a third way to possibly convict Chauvin in the high-profile …
Unilever Removes the Word ‘Normal’ From Products and Advertising
In an effort to be more inclusive, Unilever is dropping the word, “normal,” from its beauty product packaging, according to BBC News. The company also plans to stop editing models’ photos. London-based Unilever manufactures products, including Vaseline, Dove, and Axe, according to The Washington Post. The new ban will apply to “body shape, size, proportion …
Tesla is Plugging a Huge Battery into Texas’s Electric Grid
Tesla is connecting a mega battery into an electric power grid near Houston, Texas, according to Bloomberg. It is the equivalent of plugging in more than 16,000 houses’ worth of power into the grid, according to Gizmodo. The battery can hold 100 megawatts of power, which could possibly provide electricity for around 20,000 houses when …
Biden to Set Up White House Gender Policy Council
President Joe Biden is signing an executive order to create a Gender Policy Council in the White House, which coincides with International Women’s Day, according to CBS News. It is one of two orders Biden is signing to support women’s rights both nationally and internationally, according to NPR. First Lady Jill Biden’s chief of staff …
Kings of Leon is the First Band to Release Album as NFT
Tennessee-based band Kings of Leon is making history with its newest project. When You See Yourself was released today as a non-fungible token, or NFT, making them the first band to release an album in this format, according to Rolling Stone. Fans can purchase the album on the ticketing platform, YellowHeart, which is based on …
SpaceX’s Starship Prototype Lands Successfully in Flight Test
SpaceX’s Starship rocket prototype nails its landing on its third attempt, according to Variety. However, after having a soft touchdown, the rocket blew itself up after its flames failed to go out after around eight minutes, according to NBC News. The heavy-duty prototype from SpaceX, known as Starship SN10, blasted off yesterday from Boca Chica, …
Simone Manuel, Alex Morgan, Sue Bird, and Chloe Kim Form Media Company
Former Olympic stars Simone Manuel, Alex Morgan, Sue Bird, and Chloe Kim are joining forces to create a media and commerce company called TOGETHXR, according to Sports Illustrated. The corporation aims to shine a light on women in sports. “We have our individual legacies as athletes through championships and medals, but what’s most important to …
Oatly Finally Arrives to Starbucks
Oat milk is gaining ground nationwide as Starbucks cafes are finally introducing Oatly to the menu, according to CNBC. Oatly, a nondairy substitute for regular milk, is on the spring menu in conjunction with a few new additions for customers to try, like the Iced Brown Sugar Oatmilk Shaken Espresso. Through adding it to the …