🕹 Twitch Seeks to Revamp Creator Pay With Focus on Profit

Today’s pick

Amazon's Twitch Seeks to Revamp Creator Pay With Focus on Profit. Twitch, the Amazon.com Inc. -owned live-streaming website, is weighing potential changes to how it pays top talent, said people familiar with the planning, an effort that would boost its profits but would also risk alienating some of its biggest… (Cecilia D'Anastasio / Bloomberg)

Casey Newton @CaseyNewton

Some Twitch streamers are already strapping themselves into chairs for 16+ hours a day; cutting their pay by 20 percent to pad Amazon’s profit margins feels like the grimmest possible version of a ‘creator economy’

bloomberg.comBloomberg - Are you a robot?

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Meta says its metaverse biz lost another $3B… but the 2030s will be 'exciting'. Do you hear that? It's the sound of every Meta executive breathing a deep sigh of relief, because unlike last quarter, Facebook's daily active users (DAUs) are up… a little. For the second time since its rebrand from Facebook, Meta has… (Amanda Silberling / TechCrunch)

Tony Fadell @tfadell

“In Q1 alone, Meta’s Metaverse/Reality Labs operated at a loss of $2.96 billion, and last year, Reality Labs lost over $10 billion.” The iPhone didn’t even cost $3B to build, let alone $13B… F&@k the Metaverse!

techcrunch.comMeta says its metaverse biz lost another $3B – TechCrunchAt least Facebook’s daily active users are up, according to Meta’s first quarter results.

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Conservative Twitter accounts got boost in followers after Musk acquisition, data shows. It's not your imagination: follower counts on Twitter really have been shifting wildly in response to news that Elon Musk had finalized a deal to acquire the platform. Data compiled by The Verge from social media statistics site Social Blade shows… (Corin Faife / The Verge)

Corin Faife @corintxt

NEW: We analyzed a month of data from 100 of the most influential conservative & liberal twitter accounts, and found consistent evidence of huge conservative follower gains (plus liberal losses) after Musk's acquisition was announced. theverge.com/2022/4/27/2304…

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Autocorrect Explained: Why Your iPhone Adds Annoying Typos While Fixing Others. It occurred to me recently that I Duolingo know why my iPhone makes these kidneys of mistakes. Ugh, duck you, autocorrect! I get it, complaining about autocorrect feels very 2000-and-late. Yet here in 2022, nearly 15 years since the iPhone's debut… (Joanna Stern / Wall Street Journal)

Joanna Stern @JoannaStern

“It’s all my ducking fault.” - @kocienda, the creator of the iPhone’s autocorrect system, to a real duck. Yes, I facilitated this long-awaited apology in my latest video: on.wsj.com/36RKjrf

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Music artists are making what they'd earn from 1 million streams in '2 minutes' with NFTs. Now, they're turning towards Web3-right alongside Snoop Dogg. Snopp Dogg said he was bringing his music to the metaverse. He wasn't lying. On 4/20, the rapper, songwriter and entrepreneur dropped Death Row Session: Vol. 2 as a non-fungible token, or NFT, on platform Sound.xyz. All 1,000 copies quickly sold… (Taylor Locke / Fortune)

Taylor Locke @itstaylorlocke

Spoke to ⁦@BlackDave⁩ ⁦@ImanEurope⁩ ⁦@mynameisheno⁩ ⁦@MoRuf88⁩ ⁦@dgreenstein1⁩ & ⁦@SnoopDogg⁩ about music NFTs and web3 “We try to do it different over here now because the old way doesn’t work for anyone,” Snoop said

fortune.comNFTs helped these musicians earn thousands in minutes. They’re turning toward Web3—right alongside Snoop DoggWeb3 artists are earning real money selling music NFTs—a huge jump from what they’re used to from streaming services like Spotify.

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