Tuesday, August 8, 2023

Aug 8, 2023 - William Friedkin, Director of 'French Connection' and 'Exorcist,' Dies at 87

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TradeBriefs Editorial

From the Editor's Desk

Research: How People Feel About Paying for Social Media

Social media services such as Twitter, Facebook, Instagram, and Snapchat have implemented pay-for-subscription services (Twitter Blue, Snapchat Plus, and Meta’s bundled Facebook and Instagram Blue Badges). The buzz from users, long inundated with a large number of advertisements but now also facing subscription fees, is passionate and increasing. We asked a nationwide sample of 1,056 users for their opinions of these subscriptions (with a sampling margin of error of less than 3 percent). We analyzed 1) what users expect, 2) the quality of features, 3) prices given the quality, 4) ideal social media services, and 5) how likely the users are to subscribe.

Is the era of free social media coming to an end? Across the industry, apps are starting to charge users. In June 2022, Snapchat launched its fee-based Snapchat Plus service. Twitter followed suit in November 2022 and in February 2023 Meta (Facebook and Instagram) test-marketed a subscription bundle for their services. The price points for the subscriptions currently vary from $3.99 to $14.99, with Snapchat being at the low end and the bundle of Facebook/Instagram being at the high end, ranging from $11.99 to $14.99 depending on if a user opts for a web subscription or an IOS or Android subscription. What also varies is the users’ expectations, perceived quality of features, recognition of the value offered, potential satisfaction, and the likelihood of opting in for fee-based subscription services.

Continued here


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William Friedkin, Director of ‘French Connection’ and ‘Exorcist,’ Dies at 87    
William Friedkin, Director of ‘French Connection’ and ‘Exorcist,’ Dies at 87
For all his groundbreaking work, Mr. Friedkin remained modest about it. “I don’t see myself as a pioneer,” he told The Independent in 2012. “I see myself as a working guy and that’s all, and that is enough.”


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Former Vice President Mike Pence Meets GOP Primary Debate Qualifications    
Former Vice President Mike Pence Meets GOP Primary Debate Qualifications
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Ex-Trump Attorney Ty Cobb Blows A Hole In Latest Trump Legal Spin    
Ex-Trump Attorney Ty Cobb Blows A Hole In Latest Trump Legal Spin
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Elon Musk Says He May Need Surgery Before Proposed 'Cage Match' With Mark Zuckerberg    
Elon Musk Says He May Need Surgery Before Proposed 'Cage Match' With Mark Zuckerberg
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Mom Claims Bogus Facial Recognition Led To Her False Arrest While 8 Months Pregnant    
Mom Claims Bogus Facial Recognition Led To Her False Arrest While 8 Months Pregnant
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'The Bachelorette' Is Close To The End — And Her Decision Could Be A Toss-Up    
'The Bachelorette' Is Close To The End — And Her Decision Could Be A Toss-Up
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What Cuisine Means to Taiwan’s Identity and Its Clash With China    
What Cuisine Means to Taiwan’s Identity and Its Clash With China
“Everyone is a small screw,” he said. “We need to tighten and fasten these screws properly for the system to function normally. When the system operates smoothly, I believe the other side will be less inclined to engage in aggression or attempts to annex.”




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Man Sues Lawyer After Spending 3.5 Years In Jail On Tossed Drunk Driving Charge    
Man Sues Lawyer After Spending 3.5 Years In Jail On Tossed Drunk Driving Charge
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Chris Christie Names The Trump Insider He Thinks Secretly Flipped    
Chris Christie Names The Trump Insider He Thinks Secretly Flipped
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Usher Chimes In On Keke Palmer's Outfit Drama: 'It Was A Pop Moment'    
Usher Chimes In On Keke Palmer's Outfit Drama: 'It Was A Pop Moment'
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Wayne Brady Comes Out As Pansexual    
Wayne Brady Comes Out As Pansexual
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Megan Thee Stallion Describes Daily Suffering After Tory Lanez Shooting During Rapper’s Sentencing    
Megan Thee Stallion Describes Daily Suffering After Tory Lanez Shooting During Rapper’s Sentencing
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Extreme Weather Is Coming. Someone Has to Tell the Chimps.    
Extreme Weather Is Coming. Someone Has to Tell the Chimps.
Emily Anthes is a reporter for The Times, where she focuses on science and health and covers topics like the coronavirus pandemic, vaccinations, virus testing and Covid in children. More about Emily Anthes




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First Came ‘the Great Dying,’ Then This Strange Reptile Evolved    
First Came ‘the Great Dying,’ Then This Strange Reptile Evolved
Dr. Cheng said that the timing of Hupehsuchus’s appearance, right on the heels of the mass extinction and precipitating a takeover of the oceans by reptilian predators in the era of the dinosaurs, made it more than just an evolutionary oddity. “It’s been amazing to discover how fast these large marine reptiles came on the scene and entirely changed marine ecosystems of the time,” he said.


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The Secret Hand Behind the Women Who Stood by Cuomo? His Sister.    
The Secret Hand Behind the Women Who Stood by Cuomo? His Sister.
Nicholas Fandos is a reporter on the Metro desk covering New York State politics, with a focus on money, lobbying and political influence. He was previously a congressional correspondent in Washington. More about Nicholas Fandos




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China needs to boost productivity given 'demographic challenge,' says economist    
China needs to boost productivity given 'demographic challenge,' says economist
\"With the travel recovery domestically in China, we\'ve seen volumes of people around key holidays up and matching and exceeding even 2019 levels,\" he noted. \"But the per person spending has not been,\" leading to a slightly \"more tame recovery\" in consumer spending.


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Rhoda Karpatkin, Who Led Consumer Reports for Decades, Dies at 93    
Rhoda Karpatkin, Who Led Consumer Reports for Decades, Dies at 93
Sam Roberts, an obituaries reporter, was previously The Times’s urban affairs correspondent and is the host of “The New York Times Close Up,” a weekly news and interview program on CUNY-TV. More about Sam Roberts


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Beyoncé Pays $100,000 To Keep D.C. Metro Open Late After Concert Weather Delay    
Beyoncé Pays $100,000 To Keep D.C. Metro Open Late After Concert Weather Delay
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Fox News’ Brit Hume Gives Trump-Loving Commentator A Brutal Fact-Check    
Fox News’ Brit Hume Gives Trump-Loving Commentator A Brutal Fact-Check
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How the ‘Spider-Verse’ Movies Have Changed Animation for the Better    
How the ‘Spider-Verse’ Movies Have Changed Animation for the Better
“At first ‘Spider-Verse’ gave people permission,” Rowe said. “And now I think with ‘Spider-Verse 2,’ it’s made it a mandate. I think if anyone makes a film that looks like a C.G. 3-D film from the last 30 years now, it’s going to feel dated.” For audiences, that’s great news.


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Palantir's A.I. ambitions divide analysts. A bull and bear make their cases    
Palantir's A.I. ambitions divide analysts. A bull and bear make their cases
\"And that can convince the startup of new customers, new pilots, new business that actually hasn\'t shown up in numbers yet. And that\'s why we think it could be a dangerous short in the near term.\"


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Jim Cramer sees more positives than negatives for the market ahead, citing economic growth with little inflation    
Jim Cramer sees more positives than negatives for the market ahead, citing economic growth with little inflation
\"Time to understand that when the market comes down like it did on Friday — not today, because it went and moved up big on Friday — we have to recognize that the economy is better than anyone imagined a few months ago,\" he said. \"So, look for things to buy on weakness and then pull the darn trigger.\"


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5th Grade Teacher With 'Kill List' Of Students, Staff Is Sentenced    
5th Grade Teacher With 'Kill List' Of Students, Staff Is Sentenced
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Will electric flying taxis live up to their promise?    
Will electric flying taxis live up to their promise?
In April, Volocopter opened its first assembly line in Bruchsal, near Stuttgart in southern Germany, capable of producing 50 aircraft a year, but it hopes by the end of the decade to be producing between 5,000 and 7,000 aircraft every year.


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Don’t Be So Picky About a Job, China’s College Graduates Are Told    
Don’t Be So Picky About a Job, China’s College Graduates Are Told
Lucia Xu, 22, gave her career counselor a fake job offer with a construction company where a family friend worked. She is planning to take graduate school exams this winter and won’t be looking for a job while she studies for the tests.


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India job seekers aren't ready to return to the office — 2 in 3 say they value flexibility over pay    
India job seekers aren't ready to return to the office — 2 in 3 say they value flexibility over pay
Companies may also stand to lose in the war for talent. A 2022 global survey of more than 3,700 job seekers showed that 78% would drop out or consider dropping out of long recruitment processes. 


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SoftBank posts surprise loss even as Vision Fund back in black after five quarters    
SoftBank posts surprise loss even as Vision Fund back in black after five quarters
The company notoriously backed U.S. office rental startup WeWork, which at one point was worth as much as $47 billion before SoftBank leapt to rescue the firm in a deal that sharply devalued it. It also took a stake in crypto exchange FTX, which last year collapsed owing investors billions after facing U.S. charges of fraud.


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The Last Poets and Watts Prophets: The radical hip-hop pioneers 'written out of history'    
The Last Poets and Watts Prophets: The radical hip-hop pioneers 'written out of history'
And if you liked this story, sign up for the weekly bbc.com features newsletter, called The Essential List. A handpicked selection of stories from BBC Future, Culture, Worklife and Travel, delivered to your inbox every Friday.


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How Long Will Interest Rates Stay High?    
How Long Will Interest Rates Stay High?
“I would love to get back into zoo work,” she said, explaining that she had worked with big cats early in her career and would love to do so again once she sold her practice — which is itself cats only. “That’s something for retirement.”


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China releases plans to restrict facial recognition technology    
China releases plans to restrict facial recognition technology
Last week, China\'s increasingly powerful cybersecurity regulator released draft rules for restricting minors\' phone screen time and boosting personal data protection requirements. The proposed rules are open to public comment.


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O’Shae Sibley’s ‘Expression Was Turned Into Resistance’    
O’Shae Sibley’s ‘Expression Was Turned Into Resistance’
It was as if Sibley’s dancing spirit was no longer alone, that the dance that was stolen from him became bigger, greater, grander: a collective ode to self-expression, the more outspoken the better. Sibley should not have achieved fame this way. But it was fitting that his vogue memorial had echoes of something Josephine Baker once said: “I would like to die, breathless, spent, at the end of a dance.”


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China reports double-digit plunge in July exports and imports, missing expectations    
China reports double-digit plunge in July exports and imports, missing expectations
China\'s exports to the U.S. plunged by 23.1% year-on-year in July, while those to the European Union fell by 20.6%, CNBC analysis of customs data showed. Exports to the Association of Southeast Asian Nations fell by 21.4%, according to the data.


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The housing market's seller strike is so ruthless that only 7 of the nation's 200 largest markets are back to pre-pandemic inventory levels    
The housing market's seller strike is so ruthless that only 7 of the nation's 200 largest markets are back to pre-pandemic inventory levels
© 2023 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information | Ad Choices FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions.


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Cost of living: Beyond Meat hit as inflation squeezes shoppers    
Cost of living: Beyond Meat hit as inflation squeezes shoppers
\"This change in perception is not without encouragement from interest groups who have succeeded in seeding doubt and fear around the ingredients and process used to create our and other plant-based meats,\" Mr Brown added during an earnings call.


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'It's deeply concerning': Detroit police are under fire after using facial recognition tech to arrest a pregnant woman in a carjacking case    
'It's deeply concerning': Detroit police are under fire after using facial recognition tech to arrest a pregnant woman in a carjacking case
© 2023 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information | Ad Choices FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions.


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Champagne sales are booming. But its taste could soon change forever — thanks to climate change    
Champagne sales are booming. But its taste could soon change forever — thanks to climate change
\"If it\'s a choice between not existing and ... expanding the area or changing the area by which you can call the name, then who knows what [champagne producers] might choose,\" Hodgson said. \"It would be suicide to not consider alternatives, wouldn\'t it?\"


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Junta leaders in Niger refuse to let top US official meet ousted president    
Junta leaders in Niger refuse to let top US official meet ousted president
On Sunday, Paris announced it was suspending its €482m (£416m) development aid programme to neighbouring Burkina Faso, which – along with Mali – has expressed its support for the junta.


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Zoom wants employees back in the office—and that’s no surprise    
Zoom wants employees back in the office—and that’s no surprise
Issuing top-down mandates on how and where those employees should work isn’t likely to win support. People want to choose for themselves whether working in an office works for them—rather than be dragged back to a cubicle.


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