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December 27, 2019, 11:00 PM
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| George P. Slefo / Ad Age: |
Spotify will suspend political ads in early 2020, citing the lack of tools to review them; source: political ads are not a significant source of its revenue — Presidential hopeful Bernie Sanders and the RNC are among Spotify advertisers — Spotify is suspending the sale of political advertising …
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The Seattle Times, Axios, Reuters, CNBC, Vanity Fair, USA Today, WTKR-TV, VICE, Variety, Input, Engadget, CNET, Gizmodo, Wall Street Journal, Billboard, Mashable, SlashGear, TechCrunch, The Verge, Marketing Land, and Seeking Alpha
Tweets: @zck, @kerrymflynn, @jason_kint, @slpng_giants, @digiphile, @tolles, @johnwilson, @emilyglazer, @jason_kint, and @slacktivist00
| Shunsuke Tabeta / Nikkei Asian Review: |
China launches two more satellites for BeiDou, its GPS competitor, says it will be fully complete in June, with centimeters-level accuracy by the end of 2020 — 70% of Chinese smartphones now compatible with Beidou — BEIJING — China announced Friday that it is just months away …
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Associated Press and Gizmodo
| Reuters: |
Mastercard SpendingPulse: US online holiday sales from Nov. 1 through Dec. 24 grew 18.8% YoY, for a 14.6% share of the total retail sales during the period — (Reuters) - U.S. shoppers spent more online during this year's holiday shopping season, a report by Mastercard Inc (MA.N) … | David Porter / 8tracks blog: |
As 8tracks prepares to shut down on December 31, its co-founder shares a post-mortem of what went wrong with the once-promising music streaming startup — 8tracks has had a long run and its day in the sun. We're sad to announce, however, that the company and its streaming service will wind …
Tweets: @agaresia, @darthjuno, @hasief, @mathewi, @8tracks, @jherskowitz, and @iamdickgregory
| William Suberg / Cointelegraph: |
BitMEX Research report: of 12 big initial exchange offerings in 2019, 11 are almost worthless compared to the price their tokens first traded for on exchanges — Initial exchange offerings (IEOs), which launched in 2019 have lost investors up to 98% of their money, damning new statistics show.| Alex Kantrowitz / BuzzFeed News: |
A look back at how Facebook and Twitter evolved over the 2010s, chasing size and influence at a cost to society that will take years to understand — The two companies had a bad run in the 2010s. It was their own fault. — It's been a rough decade for Facebook and Twitter.| Elise Favis / Washington Post: |
Livestreams have become a popular venue for charity fundraising, replacing legacy telethons, with Twitch users raising $75M+ for charities between 2012 and 2017 — In the 1970s and '80s, mass media fundraising revolved around the telethon. Millions tuned in to watch Jerry Lewis and others emcee …
Tweets: @launcherwp and @elisefavis
| Financial Times: |
All 20 standards proposals related to surveillance tech received by UN's ITU since 2016 have come from Chinese companies like Huawei, ZTE, and Hikvision — Chinese companies have made every submission to the UN for international standards on surveillance technology in the past three years … | Amanda Keton / Wikimedia Foundation: |
Wikimedia says India's proposed intermediary liability rules will impact Wikipedia and limit access to information online, urges government to redraft rules — The Wikimedia Foundation is deeply concerned about new proposed changes to India's intermediary liability rules …
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TechCrunch, The Economic Times, Forbes India, TechCircle, Fossbytes, and Slashdot
Tweets: @wikimedia, @loquacious_lion, @michaelkpate, @wikimedia, and @wikimedia
| Alexander Lee / Washington Post: |
Tuvalu, a tiny island nation with the .tv TLD, has been cashing in on domain sales to Twitch and others, representing ~8% of the island's gross national income — In 1995, Stephen Boland sat in his government office while working as the macroeconomic planner for the Pacific microstate of Tuvalu when the fax machine whirred to life.
Tweets: @yancyeaton, @brianstelter, @atossaaraxia, and @islandsinnovate
| Benedict Evans: |
Amazon has ~35% of US ecommerce and ~6% of addressable US retail, and is two thirds the size of Walmart, which would make an antitrust case against it difficult — - Amazon is a big company, but what does that mean? How big is ‘big’? What does ‘dominant’ or ‘scale’ or ‘huge’ mean when US retail is $6 trillion a year?
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Amazon.com, Inc., Marketing Land, Ars Technica, Quartz, 9to5Toys, GeekWire, Gizchina, CNN, CNBC, Fortune, Market Realist, Voicebot.ai, and Input
Tweets: @shiraovide, @aaronbuley, @stevesi, @robertwiblin, @wsj, @eicker, @mschoening, @evplusev, @sachinrekhi, and @mayank_b23
| Brady Dale / CoinDesk: |
Profile of Rune Christensen, the leader of MakerDAO, a decentralized finance project providing trustless loans, now backed by ~$312M worth of ethereum — Rune Christensen has built MakerDAO into the most important project in decentralized finance, the fastest growing area in crypto.Sponsor Posts
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