Jeff Bezos
Musicians Criticize Jeff Bezos’ ‘Willful Blindness’ to Twitch Music Royalties
While testifying at a congressional hearing late last month, Amazon founder and CEO Jeff Bezos admitted that he wasn’t sure whether or not the company pays royalties for the music users stream on Amazon-owned livestreaming platform Twitch (it doesn’t). His response angered artist-run non-profit Artist Rights Alliance, which has sent a letter to Bezos challenging him to pay artists their fair share, as music streaming on Twitch continues to surge. “We were appalled […] by your inability or unwillingness to answer even the most basic question about Twitch’s practices in this regard,” the letter reads. “As Twitch uses music to grow its audience and shape its brand, the company owes creators more than the willful blindness and vague platitudes you offered du...
Jeff Bezos to Congressman Who Asked Why Twitch Doesn’t License Music: “I Don’t Know”
In the absence of live music, the streaming landscape has emerged as the most popular and efficient means of connecting with fans during the COVID-19 epoch. Perhaps no platform has benefitted more than Twitch, a gaming platform that has mutated into the most prevalent live music streaming medium in recent weeks—especially in electronic dance music. Since Amazon CEO Jeff Bezos acquired Twitch for a staggering $970 million back in 2014, the platform had experienced meteoric growth before exploding due to the pandemic’s recent gasoline pour. However, Twitch has found itself in hot water in recent weeks after issuing DMCA takedown notices to legions of its users. Since the Amazon-owned company doesn’t pay royalties to artists when their music is played on the platform, the...
Amazon Prospers During Pandemic With Expectation-Beating Results
Amazon dodged a coronavirus bullet in its second quarter, posting big gains in sales and operating income as shoppers around the world stayed home and did the bulk of their shopping online. The online retail giant, which operates the Amazon Music streaming platform and is one of a small handful of tech companies in the “trillion-dollar club”, reported net sales of $88.9 billion in the quarter ending June 30, 2020, beating analysts’ expectations with a whopping 40 per cent improvement on the same period last year. Also during the period, operating income almost doubled to $5.8 billion, up from $3.1 billion in second quarter of the previous year. Revenue from subscription services ballooned to $6 billion, well advanced from the $4.6 billion reported in the corresponding per...
Amazon CEO Jeff Bezos Grilled at Big Tech Hearing About Being Unfair to Streamers
Amazon CEO Jeff Bezos might be the richest person in the world, but he’s also a rookie. Until Wednesday, he had never before been grilled by lawmakers on Capitol Hill. That changed today when top executives at the nation’s leading technology companies gathered — at least virtually — for testimony before a House of Representatives antitrust subcommittee. There, Bezos faced blistering questions about whether the e-commerce giant has abused its market power. “A lot of people want to know when the HBO Max app will be available on your Fire devices,” Congressman Jamie Raskin (D-MD) told Bezos. “I understand negotiations are ongoing but your company is not only asking for financial terms but also for content from Warner Media…. Is it fair to use your gatekeepe...
Twitter Sheds New Light on Unprecedented Hack
Image sourced from Mission Statement Academy Twitter has revealed that the hackers who accessed 130 high-profile accounts – belonging to the likes of Elon Musk, Bill Gates, former US President Barack Obama, Jeff Bezos and Apple, amongst others – were also able to access a number of DM inboxes. In an official tweet, the social media platform says that up to 36 of the 130 targeted accounts, including 1 elected official in the Netherlands, were affected. We believe that for up to 36 of the 130 targeted accounts, the attackers accessed the DM inbox, including 1 elected official in the Netherlands. To date, we have no indication that any other former or current elected official had their DMs accessed. — Twitter Support (@TwitterSupport) July 22, 2020 According to The Verge, hackers were able to...
130 Twitter Accounts were Affected by Unprecedented Hack
Sourced from Wired. Twitter fell victim to a major hack that saw 130 high-profile accounts – belonging to the likes of Elon Musk, Bill Gates, former US President Barack Obama, Jeff Bezos and Apple, amongst others – targetted, although it’s reported that no passwords were stolen. Hackers used these accounts to promote a bitcoin scam where users were urged to send $1000 worth of the crypto to a specific account that was listed in the tweet, they would then receive double their payment in return. Image sourced from The Hacker News The unprecedented attack is ‘one of the most widespread and confounding hacks the platform has ever seen’, according to The Verge. Twitter has since confirmed that they are working on the issue and have “locked accounts that were compromised and will ...
Numerous High-profile Accounts were Hacked on Twitter
Image sourced from Mission Statement Academy Twitter fell victim to a major hack that saw verified high-profile accounts – belonging to the likes of Elon Musk, Bill Gates, former US President Barack Obama, Jeff Bezos and Apple, amongst others – taken over. Hackers used these accounts to promote a bitcoin scam where users were urged to send $1000 worth of the crypto to a specific account that was listed in the tweet, they would then receive double their payment in return. Image sourced from The Hacker News The unprecedented attack is ‘one of the most widespread and confounding hacks the platform has ever seen’, according to The Verge. Twitter has since confirmed that they are working on the issue and have “locked accounts that were compromised and will restore access to the original account...
Twitter Accounts for Barack Obama, Kanye West, Elon Musk Hacked in Massive Security Breach
Twitter accounts for a number of high-profile individuals including former president Barack Obama, former vice president Joe Biden, Kanye West, Elon Musk, Bill Gates, Michael Bloomberg, Warren Buffett, and others were hacked on Wednesday as part of an apparent cryptocurrency scam. The massive security breach also targeted major companies including Apple, Amazon, Uber, and Cash App, as well as cryptocurrency exchange sites such as Binance and Coinbase. Once the accounts were hacked, they transformed into crypto Nigerian Princes. That’s right, the cyber attackers utilized the oldest grift on the internet: the advance-fee scam. The zombie Twitter accounts advised their respective followers to send bitcoins to a secure address, promising that the money would be returned double the amount. This...
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