EU AI rules stifle innovation, Meta and Spotify CEOs warn
Zuckerberg and Ek’s concerns highlight the need for balanced regulation of emerging technologies. Go to Source
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New Web3 ID app lets users find each other based on proven interests
Quivr allows users to connect multiple apps, including Spotify, Steam and Instagram, to generate behavior-based badges proving their interests. Go to Source Powered by WPeMatico
Spotify reportedly deletes thousands of AI-generated songs
The music streaming platform has removed tens of thousands of AI-generated songs created on the AI music-making platform Boomy. Go to Source Powered by WPeMatico
FTX Debtors Reveal $6.8 Billion Hole in Balance Sheet Amidst Financial Discrepancies and Payments to Insiders
According to a presentation recently submitted by the FTX debtors on March 16, Sam Bankman-Fried’s companies had a $6.8 billion hole in their intercompany balance sheet when they filed for Chapter 11 bankruptcy protection. FTX and its conglomerate of firms have debts of around $11.6 billion, including customer claims and various other liabilities. FTX’s $6.8 … Read more
Spotify started testing Web3 wallets integration
The users can access the token-enabled playlists from Overlord, Fluf, Mooonbirds and Kingship with their NFT wallets. Go to Source Powered by WPeMatico
Snoop Dogg Associate Joins Gala Music Board, Death Row Records Steps Closer to Blockchain Commitment
After the rap star Snoop Dogg acquired Death Row Records in February, the hip-hop legend explained that he would transform Death Row into a non-fungible token (NFT) label backed by blockchain technology. On Thursday, Snoop’s brand partnership manager Nick Adler joined a newly-created Gala Music advisory board, alongside the record label executive DJ EFN, Grammy-nominated … Read more
Croatian Web3 startup offers lifetime Netflix and Spotify membership via NFTs
The subscription-based unique NFT is capped at 10,000 and buyers would receive a digital debit card along with the NFT to pay for their subscription. Go to Source Powered by WPeMatico
Spotify reportedly tests NFT galleries on musician profiles
The platform explores the possibilities to “improve artists’ and fan experiences,” conveying the survey among users. Go to Source Powered by WPeMatico
Music in the Metaverse creates social and immersive experiences for users
Music is becoming a key feature in the Metaverse, but will challenges hamper adoption? Go to Source Powered by WPeMatico
NFT music platforms to disrupt Spotify in 2022, Saxo Bank predicts
Spotify and Apple Music reportedly cut 75% from musicians’ revenues together with the cut paid to labels. Go to Source Powered by WPeMatico
