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On November 10th, the Ukrainian State Electricity Company announced that due to Russias continued attacks on Ukrainian energy facilities, most regions of Ukraine will experience 24-hour power rationing on November 10th. The company stated that the rationing will last from midnight to 11:59 PM, and industrial users power consumption will also be limited during the same period. The Ukrainian government also urged the public to conserve electricity during peak hours.On November 10th, Bezoss space company Blue Origin planned to launch its New Glenn rocket from Cape Canaveral, Florida, on Sunday, a key test in the startups path to challenging SpaceXs dominance. The approximately 97.5-meter-tall rocket will carry two spacecraft built by Rocket Lab to Mars. This mission marks New Glenns first mission for NASA. New Glenn successfully completed its maiden flight in January, reaching orbit, but its boosters failed to land. Similar to SpaceXs Falcon series, New Glenn is designed to be partially reusable, with boosters capable of multiple launches, thus reducing costs.On November 10th, New York Federal Reserve President Williams stated that financial pressures faced by low- and middle-income Americans could threaten the resilience of the U.S. economy, even as wealthier families benefit from the stock market boom. In an interview, Williams said the Feds December interest rate decision "will be a balancing act." He noted, "Inflation remains high and shows no signs of declining," but the U.S. economy "still exhibits a degree of resilience." Nevertheless, many Americans are still struggling with housing and living costs. There are signs that "low- and middle-income families are facing some constraints in terms of affordability," posing a risk to consumer confidence and spending. Williams also rejected calls to modify the Feds benchmark interest rate mechanism, stating that expectations of productivity gains driven by artificial intelligence are supporting the market, but he is concerned about potential over-investment and a stock market bubble.On November 10th, Russian Presidential Press Secretary Dmitry Peskov stated on the 9th that US President Donald Trumps recent announcement of plans to resume nuclear testing gave the impression that the US intended to begin nuclear testing in the near future. Russia needs clarification on this. Peskov said that Russian President Vladimir Putin has not ordered the immediate commencement of preparations for nuclear testing, and if any other country violates the nuclear testing ban, Russia will be forced to take reciprocal measures to maintain strategic balance.On November 10th, it was reported that on November 9th local time, U.S. Senate Majority Leader John Thune stated that a potential agreement to end the government shutdown was "progressing." However, Thune also noted that an agreement was not guaranteed, as senators needed time to read the proposal and it could take several hours before concrete action could be taken.

Meta Offers Instagram Content Creators New Revenue Resources

Aria Thomas

Nov 03, 2022 14:54

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In an effort to assist content creators monetize their social media presence, Meta Platforms announced on Wednesday that it will provide a number of new services to Instagram, including a system for trading digital artifacts.


Users will soon be able to support artists by purchasing their non-fungible tokens (NFTs) from within Instagram, according to the company.


The new skills will be tested with a small group of artists in the United States, the company said, adding that it intends to expand to additional countries in the near future.


Meta has added additional monetization options to its social media applications to compete with TikTok and others for talent at a time when influencers are driving advertising revenue to these platforms.


In line with this endeavor, Meta stated that it was expanding access to Instagram subscriptions to all qualified artists in the United States in an effort to assist them in generating a more stable income through the photo-sharing app.


It is also offering gifts on Instagram, beginning with Reels, so that artists have a new way to monetize their following.


In addition, the company is launching a professional mode for Facebook (NASDAQ:META) accounts, which would allow artists to have a public presence while maintaining their personal Facebook profile.