Employees are livestreaming their layoffs, Spotify's concerns with artist payment, Iowa suing TikTok, Japan Airlines appointing first female president, the importance of promoting from within, Meta's Instagram feature, OpenAI's university partnership, the growing trend of livestreaming layoffs, and the significance of transparent and thoughtful layoffs.
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Quick takeaways
Employees are live-streaming their layoffs on platforms like TikTok, promoting transparency and shedding light on the layoff process.
The European Union is pushing for streaming services like Spotify to pay artists higher royalties and provide transparency in algorithm recommendations.
Deep dives
HubSpot's Sales Hub: Empowering Sales Teams
HubSpot's Sales Hub is designed to equip sales teams with powerful and user-friendly tools to improve their performance. With features like an intuitive prospecting workspace and AI-powered tools, managing leads becomes more efficient and less labor-intensive. The platform streamlines day-to-day tasks, making it easier to navigate contacts, calls, and analytics. AI-powered ChatSpot serves as a personal assistant, allowing users to quickly access contacts and sales information. By automating steps in the sales pipeline, teams can save time and focus on impactful tasks like customer connections, leading to more successful quarters and years.
TikTok: The Rise of Live-Streamed Layoffs
An emerging trend involves employees live-streaming their own layoffs through platforms like TikTok, particularly when the layoff occurs over Zoom. One specific example highlighted a video of a woman recording her layoff from a company called Cloud Fair. These videos, although uncomfortable to watch, provide accountability and shed light on the layoff process. Some argue that this trend promotes transparency and serves as a learning opportunity for those who may face layoffs in the future. However, others question whether the contentification of personal experiences has gone too far, blurring the line between public and private.
EU's Push for Fairness in Streaming Royalties
The European Union aims to address inequities in streaming royalties for smaller musicians and labels. The EU wants streaming services like Spotify to pay artists higher royalties and provide transparency in how algorithms recommend music. This push for fairness comes as many artists and labels call for increased revenue streams from streaming platforms. While the impact on Spotify's business model remains uncertain, this development highlights the ongoing discussions about the value and compensation of artists in the digital era.
It may not be your first instinct, but more and more people are hitting record while being let go from their company. People will post anything on social media, but why are these filmed layoffs gaining so much traction? Plus: The EU wants more streaming royalties for musicians and Iowa sues TikTok.
Join our hosts Jon Weigell and Ben Berkley, as they take you through our most interesting stories of the day.
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