Warner Music Group signs on to SoundCloud’s artist-friendly payment model

When Soundcloud launched its artist-friendly fan-powered royalty system last year, the model was only available for independent artists subscribed to the streamer’s paid tiers. Now, Soundcloud has inked its first major label partnership with Warner Music Group, whose artists can now earn fan-powered royalties on the platform too. Since the early 2000s, artists and record…

Treggo, armed with new funds, takes on crowded Latin American last-mile delivery sector

E-commerce across Latin America exploded in the past two years, but against an infrastructure that wasn’t prepared for all of that activity. During this time, startups have taken up the challenge to bolster the infrastructure needed for packages to get to their end destination quickly and cheaper. That goal has created somewhat of a competitive…

SMBs will soon get even more mileage out of Microsoft 365

Microsoft and Sage have announced a new set of integrations designed to simplify core accounting and HR processes for small and medium-sized businesses (SMBs). The expansion of the existing partnership will see various Microsoft 365 services, including Teams, built directly into Sage products and the Sage Digital Network. The change will afford Sage customers access…

Warren Buffett’s Berkshire Hathaway has piled nearly $10 billion into Occidental Petroleum this year – and built 75% of its stake in only 11 days

Warren Buffett. AP Photo/Nati Harnik Warren Buffett’s Berkshire Hathaway has built a nearly 20% stake in Occidental Petroleum this year. Buffett’s company spent close to $10 billion on the stock over the course of 29 trading days. Berkshire purchased 75% of its total holding in just 11 trading days. Warren Buffett’s Berkshire Hathaway has plowed nearly…

The European Central Bank just hiked interest rates for the first time in 11 years, amid political and economic crisis

Christine Lagarde is the President of the European Central Bank. Pool/Getty Images The European Central Bank raised interest rates — by 50 basis points — for the first time since 2011 on Thursday. The central bank is trying to tame red-hot inflation even as an energy crunch drives an economic slowdown. Adding to the pressure…