The latest news on the CNBC Disruptor 50 companies upending the status quo in the markets:
For many years, The Beatles resisted making their catalog available on iTunes, but the times eventually changed, even for Paul McCartney. In fact, Sir Paul's much-misunderstood and recently re-released '70s album "Ram" went straight to Spotify, and his new album, "New," is also available on the streaming music service. Likewise, geriatric grunge rockers Pearl Jam's new album, "Lightening Bolt," was on Spotify from Day One. Are the elder statesmen of rock warming to Spotify? Depends which old man you ask.
Thom Yorke of Radiohead hasn't minced his words. He can't seem to stop finding new words and metaphors to show his dislike. Now Yorke has some company, another rebel yell from an anti-Spotify talking head from rock's old guard: Talking Heads frontman David Byrne. Apparently, the streaming music service stopped making sense to him, because like Yorke, Byrne has pulled as much of his catalog as possible from Spotify and wrote in a Guardian opinion piece: "The Internet will suck all creative content out of the world."
But Byrne didn't get the last word: 57-year-old frontman for seminal post-punk rock band Gang of Four, David Allen, got The Guardian to allow him to gang up on Byrne and Yorke and write a piece on why they are wrong.
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Save the short-term renters!
We reported last week on New York Attorney General Eric Schneiderman's attempt to subpoena the entire world ... of Airbnb hosts in New York, roughly 15,000 people. Airbnb didn't like that, and didn't wait long to put the power of the sharing economy to work, with a petition going out from a New York-based Airbnb-er, Mishelle, to take down the AG.
The company lent its support to the petition: Airbnb's New York users got an email from the company asking them to "make your voice heard." The Gothamist suggested that the Airbnb petition was a clever ruse of the company's creation, but Mishelle promised to personally deliver the petition to Albany if it got 20,000 signatures. It had more than 21,000. The conflict gives new meaning to the age-old battle between landlords and tenants. But some argue, like Jim Epstein in The Daily Beast, that the NY AG's legal maneuvering is a "petty war."
But it's going to be OK if Airbnb is shut down by the status quo regulatory regime: a new rental service, Tansler, tells Forbes it's got a better model anyway, based on a public auction model.
The four-hour theory of Kickstarter
Kickstarter is a huge success, but in the same way that a baseball player who gets a hit one every three times at bat is an all-star. A majority of Kickstarter projects fail. In fact, a new study finds that you can tell if a Kickstarter project will make it within four hours of launch.
Researchers at the Swiss Federal Institute of Technology in Lausanne decided to give Kickstarter project starters a hand by seeing if they could predict the likelihood of success. Their new algorithm claims to predict the ultimate success or failure of a fundraising attempt with 76 percent accuracy within four hours of a campaign launching. The researchers based their findings on a nine-month study of some 16,000 Kickstarters, according to a report on Mashable.
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