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Blockchain, artificial intelligence, and online platforms are the future of commerce as the world moves to an internet-first economy. The traditional economy is being phased out in advanced countries that are transitioning to an internet-first economy dominated by the tech industry and digital platforms, according to Balaji Srinivasan, a former executive at crypto exchange Coinbase…
Now a Web3-based file sharing service, LimeWire says it will create “real-world experiences, community, and surprise” with Fyre using its crypto token $LMWR. LimeWire, the early ’00s file sharing service that rose to prominence post-Napster, has announced its acquisition of the Fyre Festival brand. The company relaunched in 2022 with an AI and crypto overhaul,…
The London Stock Exchange launched a Microsoft-powered blockchain platform for private funds, marking the first such initiative by a global exchange. Update Sept. 15, 7:58 am UTC: This article has been updated to include another section on LSEG and Microsoft’s collaboration. The London Stock Exchange Group (LSEG) launched a blockchain-based infrastructure platform for private funds,…
A coalition of UK trade groups has urged the government to include blockchain and digital assets in its planned “Tech Bridge” collaboration with the US. United Kingdom trade groups urged the UK government to include blockchain technology in the “Tech Bridge” technology collaboration with the United States. A dozen UK trade groups representing the finance,…
28% of new uploads to the French streamer are AI-generated, the company revealed in a new report. 28% of all songs uploaded to French streaming service Deezer are now generated by AI, Music Business Worldwide reports. Since the streaming service started flagging AI tracks in January, the data has shown a steady increase in AI…
DappRadar analyst Sara Gherghelas said the data shows clear signs that people are returning to the NFT space. The non-fungible token (NFT) market has just closed its two strongest months since February as adoption and renewed interest have driven trading volumes to its highest levels this year. NFT trading volumes were up 9%, but sales…
Tech giants like Google and Microsoft are accused of training their AI systems on massive amounts of copyrighted music over several years. Photo by OLIVIER MORIN/AFP via Getty Images The International Confederation of Music Publishers (ICMP) has shared a new report accusing tech companies like Google, Microsoft, Meta, OpenAI and X of training their…
North America, the U.K., Brazil, and several more countries now have access to the tool. Photo by Apple/Wikimedia Commons If you’ve been contemplating switching from Spotify to Apple Music recently, Apple just made things a whole lot easier. Apple Music has expanded the release of a tool allowing its users to import playlists from…
Lib Work Co. is dipping its toes into Bitcoin, a month after using NFTs for the first time to tokenize the designs of one of its 3D printed houses. Japan-based 3D printed housing firm Lib Work Co has become the latest non-crypto native firm to buy Bitcoin for its corporate treasury, coming just a month…
“We don’t want our music killing people.” King Gizzard & the Lizard Wizard Maclay Heriot On July 25, Australian band King Gizzard & the Lizard Wizard took to Instagram to announce that they pulled their music from Spotify. They were the latest group to abandon the platform in the wake of reports that Spotify…