Author: News Room

In 2020, Spotify paid $100 million for the exclusive audio rights to the Joe Rogan Experience podcast. Last month, it renewed its deal with Rogan for a reported $250 million payout over several years (but no longer exclusive rights). For the first time, there’s now a sense of just how big Rogan’s podcast audience actually is. Ashley Carman reported in Bloomberg that Spotify started testing a new feature that shows podcasts’ follower counts.The Joe Rogan Experience isn’t just the most popular podcast on Spotify — it’s almost three times the size of the second most popular (TED Talks Daily), according…

Read More

Some US lawmakers are expressing concerns over limited attack submarine procurement.They are worried the latest budget plans might impact the industrial base and US efforts in the Pacific.China plans to expand its navy and could outpace the US’s current submarine fleet by 2035. Some US senators were uneasy on Thursday about low procurement of attack submarines given expectations of US allies and the threats posed by potential adversaries like China.Failing to acquire enough subs “sends exactly the wrong signal to our allies, not only Australia but others in the region, when we reduce the output of such a critical weapons platform…

Read More

By Tom Westbrook SINGAPORE (Reuters) – The U.S. dollar was set for a second week of broad gains on Friday, with even a rate hike in Japan unable to dislodge it, as investors figure U.S. rates are high and not falling yet. The Swiss National Bank delivered the biggest surprise of a week crammed with central bank meetings, cutting its main interest rate and citing the strength of the franc as a reason. The franc, which in real terms has been rising for years, dropped more than 1% overnight to 0.8894 per dollar, its weakest in four months, and slid…

Read More

SoundHound AI , Inc.’s (NASDAQ:) Chief Technology Officer, Timothy Stonehocker, recently sold shares of the company’s Class A Common Stock for a total value exceeding $40,000. This transaction was disclosed in a filing with the Securities and Exchange Commission dated March 21, 2024. Stonehocker parted with 5,276 shares at a price of $7.6961 each, resulting in a total sale amount of approximately $40,604. The sale was conducted to meet tax withholding obligations related to the vesting of restricted stock units. These units were previously granted to Stonehocker on various dates throughout 2022 and 2023. Following this transaction, Stonehocker still holds…

Read More

By Laila Kearney NEW YORK (Reuters) – Oil prices sank in early Asian trading on Friday on the possibility of a nearing Gaza ceasefire, which could loosen global supply, at the same time a stronger U.S. dollar and faltering gasoline dampened demand sentiment. futures fell 18 cents to $85.60 a barrel by 0011 GMT. futures shed 19 cents to $80.88 per barrel. On Thursday, U.S. Secretary of State Antony Blinken said he believed talks in Qatar could reach a Gaza ceasefire agreement, increasing the prospect of more global oil supply. Blinken met Arab foreign ministers and Egypt’s President Abdel Fattah…

Read More

Dow Jones clips into its second all-time high in two days. US equities broadly higher in the back half of the trading week. DJIA climbs 0.8% on Thursday as traders extend Fed bid. The Dow Jones Industrial Average (DJIA) tore into its second all-time high this week, climbing eight-tenths of a percent and tapping a fresh record peak of 39,889.05 as US equities broadly gain ground. Investor confidence is peaking after the Federal Reserve (Fed) held steady on interest rates at the March Federal Open Market Committee (FOMC) rate call on Wednesday. Still, Fed Chairman Jerome Powell nodded at the…

Read More

Dymension—a layer-1 blockchain network built with Cosmos tech for app-specific “RollApps”—launched a massive token airdrop back in February, raining down $390 million worth of DYM tokens on crypto users across various communities. Now anyone who staked DYM can claim another airdrop from a RollApp building on the chain. NIM Network, a RollApp powered by Dymension and Celestia that is focused on powering AI gaming applications, launched its own “Genesis Rolldrop” airdrop claim on Thursday, serving up 90 million NIM tokens (9% of total supply). According to the network, more than 500,000 wallets are eligible to claim tokens, though the token…

Read More

On the first day of officially launching my InsurTech company, Pearl Jam’s “Vs.” album played in the background at an unhealthy volume, and a frosty celebratory beer was on my horizon. That is until an unexpected phone call from a frustrated client changed everything, challenging the very integrity and viability of our business model and launching a philosophy to believe in better. Always. An Ongoing Mindset The complaint wasn’t just a critique; it was a revelation. Everything was on the line at that point, and the pressure was at its peak. I had just quit my amazing job with great…

Read More