Spotify is experimenting with a TikTok-like video feed to help listeners discover new artists

spotify on phone and computer
  • Spotify is testing a TikTok-like music video feed in its app for select users.
  • The new “Discover” page displays full-screen music videos that users can “like” or “skip.”
  • The feature is currently in beta-mode and it remains unknown if it will be rolled out to all users in the coming weeks.

Spotify is testing a TikTok-like music video feed in its app, becoming the latest company to experiment with integrating a platform for short video clips. 

The feature, which is currently in beta-mode for select users, will be accessible by tapping a new fourth tab labeled “Discover” in the lower navigational toolbar. The page displays full-screen music videos to songs as users scroll through, along with the option to “like” or “skip” similar to the widely-popular social media platform TikTok, according to TechCrunch.

“At Spotify, we routinely conduct a number of tests in an effort to improve our user experience,” a spokesperson told TechCrunch. “Some of those tests end up paving the way for our broader user experience and others serve only as an important learning. We don’t have any further news to share at this time.”

The feature was first spotted by Spotify user Chris Messina, who shared a video to Twitter on Wednesday showing the new video feed in Spotify’s beta version for iOS on TestFlight, an app that allows developers to test versions of their programs.

Spotify did not respond to Insider’s request to comment on when the feature may be rolled out to its over 81 million users in the US.

The new Discover tool appears to build on Spotify’s Canvas feature, where artists can select videos to play with their music. Currently, the videos included in the Discover feed appear to be the same as those used for Canvas, according to TechCrunch.

Since TikTok first launched in 2016, the app has amassed a total of 1 billion monthly users. The app’s success has prompted other social media platforms like Instagram and YouTube, to develop their own platforms for short-form video sharing. In an effort to compete with TikTok, some social media platforms have even incentivized creators with thousands of dollars to post on their platforms.

 

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A 27-year-old influencer advises her thousands of followers to delete Robinhood and go for a 401k and ‘boring’ index funds

Robinhood on cellphone
  • Instagram influencer Helen Lu tells her followers to focus on retirement accounts, not Robinhood.
  • She touts the benefits of “boring” investing like index funds and 401(k)s.
  • “Many people have become millionaires from index fund investing,” she said in an Aug. 5 post.

One millennial influencer who calls herself the “Money Minimalist” says her thousands of followers should delete Robinhood and focus on long-term investing like retirement accounts instead.

Helen Lu, the 27-year-old influencer, told Fortune in an interview that Robinhood has more people interested and curious about investing, “which is great.”

“But if someone would rather set up that app than their 401(k), I tell them to delete the app,” she said.

The problem with Robinhood, Lu told Insider in an Instagram message, is that it was “designed to make investing feel like gambling.”

With retail traders joining the markets in droves amid the COVID-19 pandemic, Robinhood has come under scrutiny for gamifying investing – a claim that the app’s chief Vlad Tenev has denied, saying instead that it’s made investing easier for everyday people.

In March, Robinhood removed its digital confetti feature – which popped once users made their first trade – after the company faced scrutiny for its game-like features during a congressional hearing following the GameStop saga. Robinhood did not immediately respond to Insider’s request for comment for the story.

The craze around meme stocks like GameStop this year has pushed new, younger-skewing investors into the stock market, according to a previous report from Fidelity. Those investors are now turning to something familar to learn how to invest: social media.

Lu, who has 16,000 Instagram followers, takes a more traditional approach to investing, which is quite the opposite of many finance influencers who teach momentum trading and speculative investing.

For example, in one post she advises teens to open a roth IRA, research index funds, and hold investments long term. “Many people have become millionaires from index fund investing,” she said in the Aug. 5 post.

“Buy and hold. Long-term investing. I like telling people that boring growth is better than exciting loss,” she told Fortune.

In messages to Insider, she said she uses Vanguard for index funds and recommends the book “The Simple Path to Wealth” by J L Collins for anyone looking to start investing. She also touted the benefits of retirement accounts like a 401(k).

“You can lower your taxable income, pay less in taxes, AND get an employer sponsored benefit,” she said. “That doesn’t happen when you invest with Robinhood.”

Read more: An ultimate guide to 10 top altcoins, their real-world applications, and why investors are betting their tech is the future of crypto

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For some influencers, yesterday’s Facebook outage was a snow day. Others almost lost thousands in brand deals

Tori Mistick
For some influencers, the outage hurt their bottom line. But for others, it was a welcomed snow-day from online life.

  • On Monday, Facebook experienced a mass outage that rendered its apps unusable for over five hours.
  • Social media influencers, who rely on Instagram and Facebook for income, were notably impacted.
  • Some said they enjoyed their time off while others said the outage posed a serious threat to her earnings.
  • See more stories on Insider’s business page.

On Monday, Facebook’s apps, which include Facebook, Instagram, and WhatsApp, experienced an outage for around six hours. In a blogpost late yesterday, Santosh Janardhan, Facebook’s VP of infrastructure, informed users that “configuration changes” on the company’s routers were to blame.

The outage affected Facebook’s 80 million users – prominent among them social media influencers, who rely heavily on apps like Instagram and Facebook to not only connect with their followers, but also for their income. For some influencers, the outage hurt their bottom line. But for others, it was a welcomed snow-day from online life.

Brittany DiCapua, a 28-year-old Instagram food influencer and blogger, said that she realized the site was down around 11:30 a.m. on Monday morning. At first, she thought it was just her account, but after texting other influencers, she realized that it was a widespread issue. “Some of us were joking that it was a ‘day off’ for us,” DiCapua said. “It kind of felt like a break to not live and breathe on social media.”

Brittany DiCapua
DiCapua, a food influencer, says she enjoyed her time away from social media.

DiCapua wasn’t initially bothered by the outage, because Instagram and Facebook have been down for short periods of time in the past. However, she became more concerned when it spanned for more than an hour. “For a minute I thought, ‘What if these platforms actually don’t come back?'” DiCapua said. “It reminded me that social media could be gone in a day, and so many of us make our livelihoods from it.”

For most Instagram influencers, including DiCapua, revenue largely stems from advertisements and brand deals. DiCapua speculates that she could have lost $2,000 to $4,000 if she had planned content for the day. In the past, DiCapua has worked with brands like Amazon, Bud Light, and Lexus. “If it was national fry day, it would have been different,” she said. Other influencers like Tori Mistick weren’t as lucky. Mistick, an influencer in the pet space, had sponsored posts due on Monday. “The outage pushed back other collaborations and partnerships I have planned for the month,” Mistick said. “I can’t get paid unless I publish content for a sponsored campaign, so a shutdown like this has the potential to delay thousands of dollars of income for me.”

On Monday evening, Facebook, Instagram, WhatsApp and Messengers slowly came back online, although many users initially had trouble accessing some of the app’s functionalities. During the downtime, DiCapua spent the day making content on TikTok and planning future posts when Instagram finally returned. “TikTok isn’t owned by Facebook, so I figured that I could still interact with people there,” DiCapua said. “It gave me the opportunity to cover all my social media bases.”

Although she was relieved when Instagram came back online, Mistick said her engagement has been lower today. “Instagram does appear to still be buggy today,” she said. To make matters worse, Mistick says her content output has also been affected. “Now I have to post more content than usual in a tighter frame, which may impact my reach and engagement.”

Read the original article on Business Insider

A creepy virtual influencer looks so human, her skin changes with her surroundings

ayayi virtual influencer
  • Ayayi is a non-human influencer that looks just like a real person.
  • Her skin texture changes depending on the lighting and surroundings, just as a real person’s would.
  • She’s already starting to work with brands like Guerlain.
  • See more stories on Insider’s business page.

For some time now, companies have been creating their own virtual influencers.

It is what it says on the tin – an animation in human form, developed either to promote a company’s own products or to act as an influencer that they can use to negotiate advertising rates with brands.

A post shared by @ayayi.iiiii

However, if there’s one thing most of these new virtual influencers have in common, it’s that most of them couldn’t always pass for real people.Now, though, another virtual influencer named Ayayi has joined the list and her appearance is eerily realistic.

One of the things that stands out the most about the influencer is the texture of her skin, as it changes depending on the lighting and surroundings, just as a real person’s would.

Ayayi’s appearance does sometimes look artificial but is still very realistic, especially considering that it was created by a computer program.

A post shared by @ayayi.iiiii

Big brands will now pay large sums of money to fund their design and animation.

There are a lot of virtual influencers who have already starred in campaigns for prestigious brands like Chanel or Prada.

For now, she has a few photos on Instagram, and about 1,000 followers – although her presence and popularity are growing in China.

This virtual influencer has a long way to go, but she’s already starting to work with brands like Guerlain.

Read the original article on Business Insider

The 22-year-old MAGA influencer running Rudy Giuliani’s communications team has been replaced by a former Hooters spokesperson

Rudy Giuliani, an attorney for President Donald Trump, center, poses for photos with OAN correspondent Chanel Rion, left, and his assistant Christianné Allen, outside the White House, Wednesday, July 1, 2020, in Washington.
Rudy Giuliani, an attorney for President Donald Trump, center, poses for photos with OAN correspondent Chanel Rion, left, and his assistant Christianné Allen, outside the White House, Wednesday, July 1, 2020, in Washington.

  • Christianné Allen has worked for Giuliani since September 2019, and quit in August 2021.
  • Allen’s replacement, Todd Shapiro, has represented Lindsay Lohan, Hooters, and rapper Flava Flav.
  • Giuliani is currently under federal investigation and facing a defamation lawsuit from Dominion Voting Systems.
  • See more stories on Insider’s business page.

Christianné Allen resigned from her position as communications director for Rudy Giuliani, whose mounting legal troubles include a defamation lawsuit from Dominion Voting Systems and a federal investigation into whether he violated foreign lobbying laws through his work in Ukraine, the Daily Beast reported.

Allen, who has worked for Giuliani since September 2019, told the Daily Beast that she will be replaced by Todd Shapiro, a former spokesperson for Lindsay Lohan’s family whose website lists an array of clients, including rapper Flavor Flav and Hooters of Long Island and New Jersey.

Recent developments in the federal case against Giuliani were revealed to NBC New York on August 27 when the former New York mayor said the FBI wants his emails and texts going back to 1995. He also said in the interview that he is not an alcoholic and claims he functions “more effectively than 90 percent of the population.”

At the time of her hiring, Politico reported that representatives of the entities Allen listed on her résumé said her titles were “embroidered at best, and completely untrue at the most.” Allen was 20 years old when she began working for Giuliani and was still in the process of completing her communications degree online at Liberty University, according to Politico.

Insider has reached out to Allen and Giuliani for comment.

Read the original article on Business Insider

The lawyers making money behind the scenes of emerging fields like crypto, cannabis, and the influencer economy

back view of a lawyer holding legal documents against a blue background with motifs of bitcoin, marijuana, and the instagram logo
Lawyers are in the background of every emerging industry, drafting contracts and interpreting laws.

  • Entrepreneurs are making billions of dollars in emerging industries like cannabis and crypto.
  • Lawyers are behind the scenes, inking deals, and navigating ever-changing regulatory landscapes.
  • Insider tracked down the most powerful attorneys shaping the highest growth industries.
  • See more stories on Insider’s business page.

19 crypto and blockchain-focused lawyers who are inking deals, fighting lawsuits, and navigating fast-evolving regulations

Digital assets have boomed over the past decade, moving from a niche hobby to a mainstream investment. Big names like MassMutual, MicroStrategy, and Tesla have bought Bitcoin; PayPal and Square’s CashApp have made it easy to buy crypto with the tap of a finger; and major financial players like BNY Mellon and Visa and Mastercard have said they’re planning to offer custody and transaction services for certain digital assets.

Meanwhile, lawyers have been riding the wave, helping clients reimagine finance while avoiding lawsuits, scandals, and enforcement actions.

Read the full story here.

The top law firms putting together blockbuster cannabis deals worth billions

As more states legalize recreational cannabis use, companies are scrambling to capture new markets and scale up. But cannabis is still federally illegal in the US, and that’s where lawyers come in.

Insider pulled the 10 largest cannabis-industry deals worldwide since the start of 2020, including M&A, capital raises, and debt financing, and pinpointed which law firms worked on them.

Read the full story here.

The top lawyers who work with YouTube, TikTok, and Instagram creators

Social media isn’t just an idle pastime: it fuels a $15 billion influencer industry. As digital creators eat up more attention in entertainment, law firms that once focused on representing TV and movie stars are now chasing after YouTubers and TikTokers.

To better understand how influencers are transforming entertainment law, Insider compiled a list of the leading law firms that represent digital creators across YouTube, Instagram, and other social-media platforms.

Read the full story here.

The bankers, brokers, and big money transforming litigation finance from a lawyer’s hustle to a multibillion-dollar asset class

Commercial litigation funding, in which investors advance money to businesses for the costs of lawsuits, is booming. Litigation funders now have $11.3 billion invested or ready to invest in US commercial litigation, according to a recent estimate by Westfleet Advisors.

Insider spoke to dozens of funders, lawyers, and finance professionals to learn the names of lawyers and companies transforming the industry.

Read the full story here.

The top lawyers, advisors, salespeople behind the SPAC boom

SPACs raised more than $80 billion in 2020, more than five-times the previous year’s total. Insider spoke with more than a dozen people in the industry to identify the biggest lawyers and bankers behind the SPAC boom.

Read the full story here.

18 immigration lawyers who help tech startups land top talent from abroad

Immigration lawyers hold the keys to a startup’s No. 1 competitive advantage: its people. They help growing companies hire the best talent from anywhere, steering them through a daunting US immigration system that places higher scrutiny on startups than big corporations. Insider reporters identified the top immigration attorneys helping startups and their founders secure work visas.

Read the full story here.

Read the original article on Business Insider

A Clubhouse influencer with more than 120,000 followers died less than 2 weeks after being hospitalized in LA with COVID-19

Photo of Jin Yu, Clubhouse influencer and tech investor who died of COVID-19
Jin Yu, Clubhouse influencer and tech investor, had been taken to an intensive care unit.

  • Jin Yu died of COVID-19 less than two weeks after being sent to a hospital in LA, his sister said.
  • Yu was a Clubhouse influencer who was cofounder of the 246,000-member “Talk Nerdy to Me” room.
  • His sister posted daily updates of Yu’s condition on a GoFundMe site, which hit more than $135,000.
  • See more stories on Insider’s business page.

Jin Yu, a popular Clubhouse influencer, died of COVID-19 less than two weeks after being sent to hospital with the virus, according to his family.

Yu’s sister, Julie Yu-Meier, on Tuesday announced on a GoFundMe page that the tech entrepreneur and investor, known as WOLFxLION on Clubhouse, died in a Los Angeles hospital that day.

“This afternoon Jin passed almost immediately after the ECMO was stopped,” Yu-Meier wrote in a post. “He was surrounded by his entire family and passed as peacefully as possible.”

Yu-Meier posted daily updates of Yu’s condition on the site, which she created on July 31 to raise money for Yu’s medical treatment. Since then, the fund has reached more than $135,000, with the highest donation being $25,000.

Yu, who had more than 120,000 followers on Clubhouse, was taken to hospital on August 1, according to his sister’s post. She said that Yu was put in an intensive care unit and was transferred to a ECMO machine, which pumps blood outside the body to oxygenate it, replacing the role of the heart and lungs.

Nine days later, Yu-Meier said that his lungs took “a turn for the worst” and there were more complications.

On Tuesday, she announced that Yu had died. “I am at a loss of words as my heart is shattered in this moment but we wanted all of you to know,” she said in a post.

Yu was the cofounder of the Talk Nerdy to Me Clubhouse room, which has more than 246,000 members. He was also the chief growth officer of tech company Vetz, according to his LinkedIn profile.

Read the original article on Business Insider

YouTube star Albert Dyrlund dies after falling 656 feet from a mountain while recording a video

Albert Dyrlund
Albert Dyrlund.

  • Albert Dyrlund, an influencer who was popular on YouTube and Instagram, died after a fall.
  • Newsweek reported that the 22-year-old was filming a video in the Italian Alps when he fell.
  • Dyrlund was known for regularly sharing music videos and comedy sketches on social media.
  • See more stories on Insider’s business page.

Albert Dyrlund, a YouTuber from Denmark, reportedly died after falling 656 feet while filming a video in the Italian Alps.

Newsweek reported that the 22-year-old was recording a video for his YouTube channel on Mount Seceda in Val Gardena, Italy, when he fell.

A rescue helicopter was reportedly sent to save Dyrlund but could not save him in time, Italian broadcaster, Rai reported.

According to Newsweek, the family confirmed his death to a Danish news outlet, TV2, while requesting privacy for his family. His mother, Vibe Jørger Jensen, told the outlet: “We are in great grief, but I would like his fans to know.”

Denmark’s ministry of foreign affairs also confirmed Dyrlund’s death to Ekstra Bladet, a Danish newspaper.

Dyrlund was well known on social-media sites including YouTube and Instagram for regularly sharing music videos and comedy sketches. He had hundreds of thousands of followers and subscribers on the two platforms.

His most recent content included a music video called “Summer.” Other hits of his included “Emoji,” “Friends forever,” and “Ulla.”

In 2018, Dyrlund starred in an award-winning comedy film called “Team Albert,” about a high school student’s attempt to become a YouTube star in one day.

Following Dyrlund’s death, fans posted tributes on Twitter. “I’m completely out of it. I am ready to cry and empty of words. I can not understand it. I will forever remember all our memories,” said fellow Danish YouTuber Rasmus Brohave.

Another fan tweeted: “We’ve lost a big Danish youtuber Albert Dyrlund, 22 yrs. He died while filming a youtube video on a cliff in Italy.”

She added: “Please be careful when making risky videos. Its not worth it.”

Earlier this month, an influencer from China died after falling from a crane while recording herself for a social-media post. The Sun reported that the 23-year-old was speaking into a camera when she fell. She often shared clips of her job as a crane operator on the Chinese TikTok platform and others, The Sun reported.

An influencer from Hong Kong also recently died after falling from a waterfall while taking a picture. While standing near the waterfall on the Tsing Dai stream, Sophia Cheung slipped and plunged into a 16-foot-deep pool, The Daily Mail reported.

Read the original article on Business Insider

Chinese TikTok star Xiao Qiumei dies after falling 160 feet from a crane while recording a livestream video

AsiaWire
Xiao Qiumei, an influencer from China, died after a fall.

  • Xiao Qiumei, an influencer who was popular on the Chinese version of TikTok, died after a fall.
  • The Sun reported that the 23-year-old was filming herself in a crane cabin when she fell.
  • Xiao was known for regularly sharing videos of her job as a crane operator on social media.
  • See more stories on Insider’s business page.

Xiao Qiumei, an influencer from China, reportedly died after falling from a 160-foot tower crane while recording herself for a social media video in the city of Quzhou, China.

The Sun reported that the 23-year-old was speaking into a camera in what appears to be a crane cabin when she fell.

Footage obtained by the outlet shows the camera suddenly switched to blurry images of equipment flying past the lens.

The Sun reported that witnesses saw Xiao fall to the ground with her phone still in her hand on Tuesday 20 at around 5:40 p.m. when most of her co-workers went home.

Xiao was the mother of two children and a tower crane operator. According to the Sun, the family confirmed her death, stating that she fell as a result of a misstep.

She was well known on social media sites, including the Chinese version of TikTok, known as Douyin, for regularly sharing videos of her daily life and profession with a large amount of followers, according to the Sun and other outlets.

Earlier this month, an influencer from Hong Kong reportedly died after falling from a waterfall while taking a picture. While taking photos near the waterfall on the Tsing Dai stream, Sophia Cheung slipped and plunged into a 16-foot-deep pool, The Daily Mail reported.

A Mexican fitness influencer also recently died after undergoing a botched medical procedure to treat excessive underarm sweating, according to reports. She suffered from a cardiac arrest while being anaesthetized, the New York Post reported.

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How Apple’s targeting clampdown could reshape advertising

Hi and welcome to the Insider Advertising newsletter, where we break down the big news in advertising and media news, including:

Apple’s ad targeting changes;

Instagram’s new creator tools;

Edelman’s new US CEO Lisa Ross.

If you got this newsletter forwarded, sign up for your own here.


Apple CEO Tim Cook
Apple CEO Tim Cook.


Apple targeting controls arrive

Apple released its long-awaited software change that, among other things, requires developers to get users’ permission to track them across other sites and apps – but it’s already been having ripple effects:

  • Advertisers are fretting about how Apple’s policy will limit campaign measurement and attribution, especially on Facebook.
  • The change could wipe out as much as 7% – or $5 billion – of Facebook’s total revenue in the second quarter of 2021, estimated mobile consultant Eric Seufert.
  • There’s opportunity for others as marketers lean more on first-party data like email addresses and look for help solving issues like measurement and identity. We identified 12 companies best positioned to ride out Apple’s privacy changes.
  • The software change has made some companies attractive M&A targets by others seeking to build out mobile advertising and measurement capabilities.
  • Meanwhile, As Apple tightens the screws on ad tracking, it’s preparing a new ad format of its own. Its Suggested Apps ad format opens up a potentially lucrative new revenue stream as other tech platforms like Facebook and Snap, have said Apple’s changes could hurt their businesses.
  • Apple has made privacy central to its brand. Nevertheless, a 2015 iAd pitchdeck obtained by Insider shows how it was happy to promote personalized advertising on the back of iTunes data, including segments such as their age, gender, and past interactions with ads.

GettyImages 1228027515
Instagram

Instagram’s new creator tools

New monetization features are pivotal for Instagram and Facebook as they compete for creators with platforms like YouTube and TikTok.

Sydney Bradley got the details on new ways the companies are trying to help creators make money, including:

  • Putting more resources toward creator shops and commerce using Instagram’s shopping features.
  • Introducing native-to-Instagram affiliate-marketing tools that will let creators “get a cut” from the sales they are driving on Instagram.

Read the rest here: Mark Zuckerberg outlined new tools Instagram is building to help creators make money


Lisa Ross

Meet Edelman’s Lisa Ross

Sean Czarnecki caught up with the new US chief of Edelman, the world’s biggest PR firm. Ross, the first Black woman to lead a major PR agency, is charged with overseeing the firm’s biggest regional business and bolstering its diversity efforts. From his interview:

Hiring is not the problem. Retention is where we struggle in terms of creating a culture where people feel like they belong and can contribute and don’t have to code-switch.

I also think sponsorship is important. We have recently been more intentional about conducting talent reviews to help identify career paths, promote from within, and provide additional opportunities for exposure and learning.

While we focus on all employees, it is important to ensure specific focus on areas where we need to increase representation.

Read the rest here: Lisa Ross just became Edelman’s US CEO. She talks about facing discrimination in her rise to the top, dealing with burnout, and how she plans to not just hire but retain people of color.


Other stories we’re reading:

That’s it for today. Thanks for reading, and see you next week!

– Lucia

Read the original article on Business Insider