📹 There are no laws protecting kids from being exploited on YouTube

Plus: CNN+ struggles to lure viewers in its early days, and more ...

Apr 13, 2022

Good Morning! Just a heads up: This week editions wont have our regular mini-podcasts as I am fine tuning the tools used. However, they are still jam-packed to super-charge your mornings.

In today’s edition:

No laws protecting kids from being exploited on YouTube
CNN+ struggles to lure viewers in its early days
Chris Dixon is the new no. 1 on Forbes’ 21st annual Midas List of top venture investors
U.S. inflation is estimated to have surpassed an 8% annual rate
Meta will charge metaverse creators sale fees of up to 47.5%

— Jose Montes de Oca

Today’s pick

There are no laws protecting kids from being exploited on YouTube - one teen wants to change that. At just 17, Chris McCarty helped a Washington state rep craft a bill that would add unprecedented regulation to the way children are monetized on social media. (Amanda Silberling / TechCrunch)

amanda silberling @asilbwrites

NEW: "Kidfluencers" and children who are monetized in family vlogs don't have the same legal protections as traditional child actors, but a teen in Seattle is working with local legislators to try to change that.

techcrunch.comTeen works to protects kids from family vlog exploitation – TechCrunchAt just 17, Chris McCarty helped a Washington state rep craft a bill that would add unprecedented regulation to the way children are monetized on social media.

CNN+ struggles to lure viewers in its early days, drawing fewer than 10,000 daily users. Fewer than 10,000 people are using CNN+ on a daily basis two weeks into its existence, sources said. The paltry number casts doubt on the future of the application following the recently completed combination of Discovery and WarnerMedia into… (Alex Sherman / CNBC)

CNBC @CNBC

CNN+, which was a big bet for WarnerMedia ahead of its merger with Discovery, is struggling to attract viewers. It is drawing fewer than 10,000 daily users, sources tell CNBC.

cnb.cxCNN+ struggles to lure viewers in its early days, drawing fewer than 10,000 daily usersThe paltry audience casts doubt on the future of CNN+ following the recently completed combination of Discovery and WarnerMedia

How Chris Dixon's Dive Down The Crypto Rabbit Hole Made Him The World's Top Venture Capitalist. IN 2013, serial entrepreneur turned venture capitalist Chris Dixon was searching for the next big thing. The 1980s had personal computers, the 1990s the Internet and the 2000s mobile phones. A newly minted partner at VC firm Andreessen Horowitz… (Alex Konrad / Forbes)

Alex Konrad @alexrkonrad

Chris Dixon is crypto VC's most visible - and at times controversial - face. Here's the inside story of how the a16z crypto founder's trip own the rabbit hole made him the world's top tech investor - and the new No. 1 on our #ForbesMidas list for 2022.

forbes.comHow Chris Dixon’s Dive Down The Crypto Rabbit Hole Made Him The World’s Top Venture CapitalistThe a16z crypto partner is the Midas List’s new no. 1 for 2022, and the venture industry’s most visible, and often controversial, face in the wild west of tokens and NFTs.

Economists Estimate Inflation Reached New Four-Decade High in March. U.S. inflation is estimated to have surpassed an 8% annual rate last month, driven by strong consumer demand, supply-chain disruptions and skyrocketing energy costs related to Russia's invasion of Ukraine. The Labor Department on Tuesday is… (Gwynn Guilford / Wall Street Journal)

The Wall Street Journal @WSJ

U.S. inflation accelerated to 8.5% in March, a new four-decade high, as surging energy prices and higher food costs hit consumers on.wsj.com/3E3AF0E

Meta will charge metaverse creators sale fees of up to 47.5%. Meta said it's testing tools to allow creators to sell virtual products in Horizon, its metaverse platform. The company will charge fees of up to 47.5% of the sale price depending where the sale takes place. A Meta executive said the company's fees… (Isobel Asher Hamilton / Business Insider)

Mike DAOdas (🏌️‍♂️, ⛳️) @mdudas

Zuckerberg: Apple's 30% App Store fees are outrageous Also Zuckerberg: Meta is going to charge up to 47.5% creator fees in its metaverse

businessinsider.comMeta will charge creators fees of up to 47.5% to sell virtual wares in its metaverseMeta and its CEO Mark Zuckerberg have previously criticised Apple for charging developers a 30% fee for in-app purchases via the App Store.

Thanks for reading to the bottom and soaking in our Newslit fuelled highlights for your morning.

I hope you found it interesting and, needless to say, if you have any questions or feedback let me know by hitting reply or on Twitter.

Take care and see you tomorrow!

— Jose Montes de Oca

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