In a letter to artists, Apple says it pays a penny per stream, roughly double Spotify, which pays an average of about one-third to half a penny per stream
Double What Spotify Pays Tatiana Cirisano / Billboard : Apple Music Says Per-Stream Royalty Rate Is Double What Spotify Pays Philip Elmer-DeWitt / Philip Elmer‑DeWitt : Apple vs. Spotify: Who can foll...
Clubhouse raises Series B led by a16z, says it has 180+ investors, and will test options for paying creators and begin work on an Android app soon
When I first met Paul Davison, it took about 10 seconds to realize … Tae Kim / Bloomberg : Forget TikTok. Clubhouse Is Social Media's Next Star. Darrell Etherington / TechCrunch : Clubhouse announces ...
SignalFire's in-depth report on the state of the creator economy, which has ~50M pro or semi-pro content creators across Instagram, YouTube, and other platforms
Josh Constine / SignalFire : Tweets: @joshconstine Tweets: Josh Constine -SignalFire / @joshconstine : My 1403rd Techmeme headline, but this one (co-written with @YuanlingY) hits different doing it f...
Ohio-based Branch Insurance, whose tech helps customers bundle home and auto insurance online by just providing name and address, raises $24M Series A
Katy Smith / Columbus CEO : Tweets: @quinnypig and @joshconstine Tweets: HydroxyCoreyQuinn / @quinnypig : Congratulations to @joeemison and the rest of the team at Branch Insurance. “Branch Insurance...
Diligent Robotics, an Austin-based startup whose Moxi robot aims to assist nurses by doing menial labor in hospitals, raises a $10M Series A led by DNX Ventures
Josh Constine / TechCrunch :
WhatsApp says it now has 2B users worldwide, up from the 1.5B it announced two years ago
Connecting the World Privately Isobel Asher Hamilton / Business Insider : WhatsApp seized on US allegations against Huawei to defend encryption against the government's demands for backdoors Nikhil Pa...
Behind the revival of Dubsmash, an app that lets users post lip sync and dance videos that now has 27% of the US short-form video market share by installs
The loud app that quietly hit 1 billion monthly views — Lip-syncing app Dubsmash was on the brink of death. Tweets: @dennishegstad , @sacca , and @joshconstine Tweets: Dennis Hegstad / @dennishegsta...
Facebook Q4 profits grew 7% YoY, compared to growth of 61% a year ago, while expenses of $12.2B were up 34% YoY as headcount grew 26% to 44,942
Josh Constine / TechCrunch :
Sources: Eaze, an on-demand pot delivery startup with $166M in funding, raises $15M bridge round, amid struggles with cash and a pivot to selling its own brands
The Uber of pot is almost out of cash — The first cannabis startup to raise big money in Silicon Valley is in danger of burning out. Tweets: @joshconstine , @samkottler , @thealicemoon , @ingridlund...
Snackpass, an order-ahead takeout app with a social feed and shareable loyalty points, available on 11 college campuses across the US, raises $21M Series A
“We were in the back washing blenders so they could keep taking Snackpass orders" recalls co-founder and CEO Kevin Tan. Tweets: @joshconstine . Thanks: @erinmfirst Tweets: Josh Constine / @joshconstin...