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As TikTok shutdown looms, music industry holds its breath

Superstar Pride was in his bed at 2 a.m. one morning, writing the words to what would become the Mississippi rapper’s breakthrough hit, “Painting Pictures.” He knew it was special by the time it left his pen, and quickly uploaded it to YouTube and Audiomack to watch the song spread.He was happy with its initial surge, but it wasn’t until he uploaded the track universally through United Masters that he was able to start posting it on the short-form video app TikTok, which raised its reach exponentially.“TikTok was the…

Technology and industry convergence: A historic opportunity

And it's that combination of technology and human ingenuity, as we say, and as Danielle just alluded to in her medical example on cancer treatment, that is really where the greatest value and the greatest impact is going to come. We believe the companies which are going to be leaders in the next decade are going to need to harness five forces, and all of these forces are going to require technology and ingenuity to come together. They're going to require organizations to work across all elements of their organization, to…

Ex-FDA Official Says Baby-Formula Industry Remains Vulnerable to Problems

WASHINGTON—The baby-formula industry remains as vulnerable to safety problems and supply disruptions as it did more than a year ago, when a recall led to nationwide shortages, a former Food and Drug Administration official says in testimony submitted for a congressional hearing Tuesday.  “The nation remains one outbreak, tornado, flood, or cyberattack away from finding itself in a similar place to that of February 17, 2022,” Frank Yiannas, the former…

vaishnaw: Govt’s immediate steps ensured Indian startups were not adversely impacted by SVB crisis: Ashwini Vaishnaw

Immediate action by the government to help Indian startups in the aftermath of Silicon Valley Bank (SVB) collapse ensured they were not adversely impacted by the "minor crisis", Union Minister Ashwini Vaishnaw said on Monday. He also exhorted the entire startup community to think of the Indian banking sector as their trusted partner. Vaishnaw, Minister for IT and Communications, also noted the rapid strides taken by India in areas of Artificial Intelligence (AI) and quantum computing. Speaking at India Global Forum…

NFT industry loses steam as brands find few takers

NFT platform providers said very few brands are venturing into the NFT space as India still doesn’t have enough takers. “While NFTs have the potential to revolutionize digital ownership and value exchange, their adoption by brands and companies in India has been slow. This is largely due to the lack of awareness of NFTs among the general public, as well as a significant supply and demand gap with fewer buyers compared to creators in India," said Toshendra Sharma, founder…

Why Washington Is Giving Billions to the U.S. Chip Industry

March 27, 2023 5:50 am ET The $53 billion Chips Act seeks to end the U.S.’s reliance on foreign-made semiconductors, especially those used by the Pentagon. It’s the latest example of the federal government using its cash to remake an industry it sees as crucial to national security. Copyright ©2022 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8…

The Video Game Crash of 1983: How Nintendo Saved the Industry

Too Long; Didn't ReadIn the 1980s, the video game industry had almost put the final nail in its own coffin. If it wasn't for Nintendo coming out with an innovative solution, the gaming industry as we know it wouldn't have survived. The video game crash of 1983 actually looked rather similar to the streaming wars that are taking place today. Too Long; Didn't ReadIn the 1980s, the video game industry had almost put the final nail in its own coffin. If it wasn't for Nintendo coming out with an innovative solution, the…

Sports is One Industry that Hasn’t “Fallen to Nepotism” – The Hollywood Reporter

Bill Maher isn’t holding back on his take on the nepo baby debate. During Real Time on Friday night, the comedian shared his thoughts on the highly discussed topic across social media, with stars like Jamie Lee Curtis, Tom Hanks, Maude Apatow, Gwyneth Paltrow and O’Shea Jackson Jr. previously weighing in. “Enjoy the good life, nepos. Just don’t say you didn’t have a huge advantage, or it didn’t matter that much who your parents were, or it just got my foot in the door,” Maher said, showing a…