
Australia's Wesfarmers logs 5% annual profit rise on strong segmental growth
(Reuters) -Australia's retail giant Wesfarmers recorded a 4.8% rise in its full-year profit on Friday, boosted by strong performance by
2023-08-25 06:29

Why did NYC grocery chain remove KSI and Logan Paul's energy drink PRIME?
KSI and Logan Paul's ambitious joint venture has encountered criticism from a substantial portion of its consumer base who were once avid supporters
2023-08-06 21:52

US SEC to finalize rules increasing transparency of short selling market
By Douglas Gillison The U.S. Securities and Exchange Commission is set on Friday to adopt new rules that
2023-10-13 21:52

Yen Slumps to 2023 Low as Japan Intervention Debate Intensifies
The yen slumped on Wednesday to levels that saw Japan intervene in the currency market last year amid
2023-08-16 23:56

Zillow Plunges After Verdict on Real Estate Brokerage Commissions
Zillow Group Inc. and other real estate stocks plunged after a Missouri jury found the National Association of
2023-11-01 03:18

Streamer Pokimane says OnlyFans-style platforms are ‘the future’ amid Twitch branded content backlash
Imane ‘Pokimane’ Anys has had her say on the recent controversial changes to Twitch, which has seen the streaming platform face an online backlash. Earlier this week, Twitch changed its branded content guidelines and faced immediate pushback from content creators. The changes impacted how users could advertise sponsorships as well as banning them from multi-streaming to “Twitch-like” platforms. Just a day later, Twitch revealed that they were removing the new guidelines after receiving widespread criticism. Sign up to our free Indy100 weekly newsletter “Yesterday, we released new Branded Content Guidelines that impacted your ability to work with sponsors to increase your income from streaming. These guidelines are bad for you and bad for Twitch, and we are removing them immediately,” a statement read. “Sponsorships are critical to streamers’ growth and ability to earn income. We will not prevent your ability to enter into direct relationships with sponsors – you will continue to own and control your sponsorship business. “We want to work with our community to create the best experience on Twitch and to do that we need to be clear about what we’re doing and why we’re doing it. We appreciate your feedback and help in making this change.” Despite the apology, users have continued to hit out at Twitch. Pokimane has now spoken about the direction streaming could take in future, and urged users to pursue new routes to get what they deserve for their content. “I feel like because content creation is becoming so saturated [and] we often have trouble relying on the platforms we use, the future is direct to consumer paid content (patreon, onlypans, consumer goods, etc),” Pokimane wrote. “Cut out the middle man and get proper compensation for what you make/do!” she added. “Social media platforms will obviously always be used, but I think people will start looking at them as tools to gain exposure instead of being the way to make money,” the streamer went on to say. It comes after the CEO of Twitch, Dan Clancy, personally apologised during a recent stream for the abandoned changes to guidelines and said the company had “messed up”. “Let me just go straight to the point. For those who don’t know, we recently released this branded content policy. I won’t go through all the details,” he said recently. “We got a lot of negative pushback and the bottom line is we messed up. It’s on us and I apologise for that.” Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-06-08 19:58

M&G Reported Jump in Profit Even as Assets Slumped in First Half
M&G Plc reported a jump in operating profit even as assets slumped in the first half of the
2023-09-20 16:58

Marketmind: Fed vigil sees oil recoil and UK surprise
A look at the day ahead in U.S. and global markets by Mike Dolan If the Federal Reserve was looking
2023-09-20 18:24

Reuters Poll- Russia to hold rates next week, 2023 GDP growth seen improving
By Alexander Marrow and Elena Fabrichnaya Russia will hold its key lending rate at 7.5% next week, a
2023-06-01 21:21

CBS is television's most popular network for 15th straight year
CBS is television's most popular network for the 15th straight year, even though the bragging rights don't mean quite what they used to
2023-05-27 04:15

Spain Moves to Suspend Football Chief Rubiales Over World Cup Kiss
The members of Spain’s champion women’s national team said they would refuse to play another game until the
2023-08-26 03:48

Analysis-Exxon Mobil's megadeal to test climate-aware shareholders
By Svea Herbst-Bayliss, Tommy Wilkes and Simon Jessop BOSTON Exxon Mobil's $60 billion bid for Pioneer Natural Resources
2023-10-07 06:19
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