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SoundCloud will be put up for sale in 2024, Sky News reported on Sunday, with the streaming platform’s owners reportedly hoping to secure $1 billion in any potential deal. A SoundCloud representative declined to comment on the story when reached by The FADER.

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Miss AI: The world’s first beauty pageant for AI models is coming

AI influencers and models will soon be able to battle it out for the title of Miss AI. The beauty pageant is the first of its kind, and would judge AI models based on their looks, content, social media presence, and clout. It would also consider the technical expertise that went into the crafting of the model and their profile.Biggest AI news of 2023: From Bad Bunny drama to AI modelsMeet Aitana, the Spanish AI model making thousands of dollars a monthA post shared by Aitana Lopez✨| Virtual Soul (@fit_aitana)Miss AI is a project developed by the World AI Creator Awards, and it’s their first contest.

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Ivanka Trump shares hilarious ChatGPT life advice

Ivanka Trump is just as curious regarding ChatGPT as the rest of us. In a new Instagram story, Ivanka turned to the AI assistant tool to get some life advice. To make things more interesting, Ivanka had some special questions that involved some of Chevy Chase’s most famous work.Melania and Ivanka Trump’s relationship and the reason behind her ‘I Don’t Care’ jacket: New book claimsIvanka Trump nails a chic denim on denim while at NBA All-Star game with her familyIvanka was inspired by the film “Caddyshak,” starring Bill Murray and Chevy Chase.

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Biggest AI news of 2023: From Bad Bunny drama to AI models

The hottest celebrity couples that emerged in 2023Most Google searched celebrities in 2023When used in music, AI can create recordings of performers without their input. It can be a cause for celebration; in the case of The Beatles, it allowed them to release a song 45 years after the band’s dissolution and the death of one of its founding members. The song, titled “Now and Then,” has been one of the year’s biggest hits.

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The 9 artists Grand Theft Auto VI needs as radio hosts

The trailer for Grand Theft Auto VI was released this week, arriving nearly a decade after the previous installment in the massively successful (and controversial) open-world action series. It wasn’t the first look at the game: a trove of in-game footage leaked in September 2022 revealed the game’s location (Vice City, a southern metropolis based on Miami) and its main characters, Lucia and Jason, among other key details.

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Spotify to cut over 1,500 jobs as cost-cutting measure

Spotify has announced it is cutting 17% of its staff, with around 1800 jobs expected to be lost in the process. Chief executive Daniel Ek broke the news on Monday, saying in a public memo that the "difficult" decision was made in reponse to economic growth slowing "dramatically." Ek said "substantial action to rightsize our costs" was required in order for the company to reach its financial targets.

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Federal judge blocks Montana TikTok ban

TikTok has won its first battle against the state of Montana. A federal judge has granted the video platform’s request for a preliminary injunction that will temporarily block the state’s ban of the app, Variety reports and court documents confirm. Montana Governor Greg Gianforte signed the ban into law in May, claiming it was essential to “protect Montanans’ private data and sensitive personal information from being harvested by the Chinese Communist Party” (TikTok is owned by the Chinese technology company ByteDance).

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OpenAI is letting anyone build their own version of ChatGPT, no coding experience required

OpenAI has announced GPTs, a new platform for creating custom versions of their AI-based chatbots. The new venture is available now to paid ChatGPT subscribers and Enterprise users, and no previous coding experience is necessary to get started. GPTs was announced on November 6 during OpenAI’s developer conference, DevDay.

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Report: Spotify to demonetize lowest-streaming tracks

Spotify is planning to roll out major changes to its royalty model, Music Business Worldwide and Billboard report. Per those publications, the company will execute this plan in the first financial quarter of 2024 in an effort to “combat three drains on the royalty pool — all of which are currently stopping money from getting to working artists.” These drains, apparently, are low-streaming tracks, “fraudulent activity” on the platform, and non-music “noise” audio that, in the current model, is placed on par with bona fide songs.

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Bandcamp hit with layoffs following Songtradr acquisition

Layoffs have hit Bandcamp, according to multiple posts from current and former employees on Twitter, with as many as half of the platform’s workforce cut from their jobs. Bandcamp was sold by Epic Games in September to Songtradr.

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Tom Hanks warns fans of “AI version of me” being used in dental plan ad

Tom Hanks has told his followers to be aware that a dental plan advert in which he appears is not all it seems. "BEWARE!" Hanks wrote in an Instagram post on Saturday.

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95 percent of NFTs are worthless now, study finds

95 percent of non-fungible tokens (NFTs) are all but worthless now, according to a new study by crypto research group dappGambl. It’s no secret that the once-hyped crypto assets — pitched as viable revenue streams for artists and ways for fans to invest in the creators they loved — have lost ground after reaching a peak trading value of $17 billion in 2021.

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RIAA reports record $8.4 billion in revenue for recorded music in first half of 2023

Revenues for recorded music jumped to a new record of $8.4 billion during the first half of 2023, according to a new report released by the Recording Industry Association of America. Total revenues grew 9.3 percent over the same period in 2022. Streaming remains the overwhelming choice of music consumption, with 84 percent of all revenue stemming from the platforms.

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TikTok now has its own Billboard chart

TikTok has changed an entire generation's relationship with music, and now the video streaming platform has a Billboard chart of its own. The TikTok Billboard Top 50 was announced yesterday (September 14) by the long-running music industry publication. The chart assembles its list "based on creations, video views and user engagement," and topping the chart in its first week is "SkeeYee," the hit from St.

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Recording Academy CEO says deepfaked Drake/The Weeknd song is not eligible for a Grammy

Recording Academy CEO Harvey Mason Jr. has posted an Instagram video walking back comments published in the New York Times yesterday expressing support for the Grammy eligibility of "Heart on My Sleeve," a song created using deepfaked voice models of Drake and the Weeknd. Criticizing what he characterized as "bad and really inaccurate information," Mason Jr.

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Earl Sweatshirt and the Alchemist’s NFT album isn’t a disruption

Voir Dire, the collaborative rap project between Earl Sweatshirt and veteran producer the Alchemist, was originally conceived as a needle in a digital haystack, a YouTube playlist buried under a fake name and burner account. The Alchemist first tweeted about the album in 2019; fast forward to 2021, and still no one had found it.

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Drake/The Weeknd deepfake song “Heart on My Sleeve” submitted to Grammys

“Heart on My Sleeve,” a song created by the producer Ghostwriter using deepfaked vocal likenesses of Drake and The Weeknd, has been submitted to the Grammys for consideration, the New York Times reports. The song debuted in April and was created without the approval of either artist; after the song quickly became a viral sensation, Universal Music Group successfully pulled it from streaming services.

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Report: Spotify is being used by criminal gangs to launder money in Sweden

A newspaper investigation in Sweden has revealed that criminal gangs are using fake Spotify streams to launder money. The Svenska Dagbladet report (via The Guardian) claims that gang members take the money they make through criminal activity, including drug deals and contract killings, convert it into Bitcoin, and then pay for false Spotify streams of songs published by artists with ties to the gangs.

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UMG, Sony, and Capitol launch copyright lawsuit against Internet Archive

A consortium of major record labels including UMG, Sony, and Capitol have launched a copyright lawsuit against Internet Archive. The full complaint, which can be read here via Music Business Worldwide, targets the online library’s “Great 78 Project,” a digitized collection of 78-rpm records produced prior to 1972.

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Report: UMG in discussions with Google to license artists’ voices for deepfakes

Universal Music Group and Google have started to discuss the prospect of officially licensing artists' voices for deepfakes, the Financial Times reports. Both parties reportedly hope to develop a tool that would allow the public to create their own officially licensed deepfakes. Presently, deepfakes are trained on machine learning programs to imitate the voices of singers without authorization; the phenomenon broke into public view with the April release of "heart on my sleeve," a song created with generated versions of Drake's and the Weeknd's voices.

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Elon Musk is rebranding Twitter as X

Elon Musk has given Twitter a makeover, scrapping the blue bird icon for a new "minimalist art deco" X image. The Twitter owner first indicated his plans to change the old logo on Saturday before rolling out the new one in the early hours of Monday. The new image was created by one of Musk's followers, who has tweeted that he first created it for a now-defunct podcast.

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Miss AI: The world’s first beauty pageant for AI models is coming

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