Twitter has started seeking regulatory licenses in the US and is developing software to introduce payments on the platform. Twitter CEO Elon Musk has said the system will be first and foremost a fiat currency system, but it will include crypto functionality.
Allowing payments through the microblogging platform is reportedly a critical part of Elon Musk’s plan to open up fresh revenue streams for it. The platform’s $5 billion-a-year advertising business has cratered since Musk acquired the platform.
Musk has said he wants Twitter to offer fintech services such as peer-to-peer transactions, savings accounts, and debit cards. The features are a part of his plan to launch an “everything app” that combines messaging, payments, and commerce.
In a May pitch deck reported on by the Financial Times, Musk stated his goal of generating $1.3 billion in payments revenue for Twitter by 2028. The move into payments will see Twitter face significant regulatory oversight.
Companies involved in money transfers, currency exchange, or check cashing must report unusual activity to authorities. To monitor for fraud and suspicious transactions, user accounts must be tied to a user's identity, said Lisa Ellis, a payments expert and senior equity analyst at research company MoffettNathanson.
#Twitter #crypto #News

Superbooth 23: Tickets on sale Superbooth have announced that tickets for this year's show are now available for purchase. 

New Loops Kult Leader - 100 presets for Dawesome Kult Kult Leader - 100 presets for Dawesome Kult New Loops presents "Kult Leader"—100 new presets for Dawesome Kult. This is the universal Kult sound bank, featuring a wide selection... Read More

New Vicoustic VicDisplay panels Vicoustics latest panels aim to solve two common studio issues at once by combining acoustic treatment with instrument storage.

Shires & Isbell Named Record Store Day AmbassadorsSince the first RSD Ambassador sash was bestowed in 2009, there have been years when more than one person has taken up the title and sung the glories of the record store–Pearl Jam (2019), Metallica (2016) and Run The Jewels (2018)--but never before has it been two people who have conquered one of the most daunting tasks we know of: combining a record collection!  

Today Record Store Day is thrilled to announce that the 2023 Record Store Day Ambassadors are husband and wife record store lovers Amanda Shires and Jason Isbell!

“It’s so wonderful to be able to formally celebrate what Amanda and Jason mean for us here at Record Store Day with the title of Record Store Day Ambassador”, says Record Store Day co-founder Carrie Colliton. “Even through their social media feeds, it’s such a delight to get to know them, they are both such genuine fans of each other, all genres of music, the album as an art form and most importantly for our purposes, the brick and mortar record store. And I do like that we’re celebrating in a small sense the way music brings people together in such an obvious, romantic way with this… they’re the “First Couple” of record stores, as far as I’m concerned!”

“We’re so happy to be your Record Store Day Ambassadors for 2023,” says Jason in a video shared on the Record Store Day website. “We think record stores are so important, not only for the musicians who play in them, like Amanda did so many times this year and I have in the past, but also to the communities and to people who love art.”

Alongside several titles on past Record Store Day release lists, both musicians make sure that the planning for both their many solo albums and those of their bands (Jason’s The 400 Unit) and supergroups (Amanda’s The Highwomen, with fellow RSD Ambassador Brandi Carlile!) places not only physical formats front and center, but record stores as well, with special vinyl variants and/or early release dates for stores. It only makes sense that together they have a title on the list of releases made to celebrate Record Store Day 2023, and The Sound Emporium EP is that title. The exclusive EP, which contains new songs from both Jason (“Hired Gun”) and Amanda (“Old Habits”), a Richard Thompson cover, and a reimagined track from the Jason Isbell & The 400 Unit album Here We Rest, comes to participating indie record stores on April 22. 

“Over the years I’ve fallen in love many times and many of my greatest loves have been discovered in record stores,” Amanda says. I fell in love with Leonard Cohen at Ralph’s Records in Lubbock, TX. I found Big Star at Offbeat in Jackson, MS. The people that work in these stores and the community of people that support record stores are passionate and care deeply for music and the place that it holds and occupies in our lives. Record stores are environments where you can be yourself, like what you like and love what you love. I’m proud to be a Record Store Day Ambassador this year and always. Go meet someone at a record store; discover music personally. They’re all out there waiting for ya! Tell them Ol’ Monster Shires sent ya (they probably won’t know what that means though).”

More exciting announcements about Record Store Day 2023 to come! Watch the video from the Record Store Day 2023 Ambassadors, find participating record stores and get more information about this year’s party at recordstoreday.com

A truly singular creative force, GRAMMY award-winning singer/songwriter/multi-instrumentalist Amanda Shires is in the midst of an extraordinary career.  Amanda’s latest album Take It Like A Man received wide critical acclaim and landed on many “Best Albums of 2022” lists including NPR, Stereogum, BrooklynVegan and The New York Times, who noted Amanda is, "a fearless woman gathering all her strength and belting out her truths with a poet’s diction and a bird of prey’s voice."  Her national tour in support of the album also brought raves from the likes of Variety who included her show at LA’s famed Troubadour in their “50 Best Concerts of 2022.”   Since getting her start playing fiddle with the legendary Texas Playboys at the young age of 15, the West Texas native has displayed nuanced songwriting and boundless originality. She has collaborated with the likes of John Prine and Justin Townes Earle, and earned the 2017 Emerging Artist of the Year prize from the Americana Music Association (AMA). In addition to being a member of Jason Isbell’s 400 Unit, Amanda is the founder of The Highwomen – a supergroup she performs in along with Maren Morris, Brandi Carlile and Natalie Hemby. The group hit #1 on Billboard’s Top Country Album chart. 

Jason Isbell has established himself as one of the most respected and celebrated songwriters of his generation. The North Alabama native possesses an incredible penchant for identifying and articulating some of the deepest, yet simplest, human emotions, and turning them into beautiful poetry through song. Isbell sings of the everyday human condition with thoughtful, heartfelt, and sometimes brutal honesty. Isbell broke through in 2013 with the release of Southeastern. His next two albums, Something More Than Free (2015) and The Nashville Sound (2017), won Grammy Awards for Best Americana Album and the songs “24 Frames” and “If We Were Best Vampires” have both won the Grammy for Best American Roots Song. Reunions (2020), is a critically-acclaimed collection of ten new songs that showcases an artist at the height of his powers and a band fully charged with creativity and confidence. His most recent release, Georgia Blue (2021), is a collection of Georgia-related cover songs and proceeds from this album benefit voter’s rights organizations in Georgia. In April of 2021, it was announced that Isbell would appear in the upcoming Martin Scorsese film, Killers of the Flower Moon.

Vienna Symphonic Library (VSL) Big Bang Orchestra: Ganymede Big Bang Orchestra: Ganymede Choirs: Individual sections: Soprano, alto, tenor, bass. Several Tutti patches, stacked or layered. Tutti FX: Chords, clusters, cluster glissandos,... Read More

Recent Classical HighlightsThis past month our reviewers not only listened to recent releases like Malcolm Arnold's Clarinet Concerto performed by Michael Collins, but also went back to a few worthwhile things that were missed in the last couple of years including Gottfried von der Goltz and the Freiburger Barockorchester playing Mozart's very first symphonies.

Are you running a music tech event in Austin March 2023?Get it listed in our unofficial guide for music innovators!

Tell us about your panels, meet ups, parties, and activations that involve music tech and innovation. We'll put them all in an Unofficial Guide for music innovators and send it out to our community via the Music Tectonics email newsletter list. Everyone who submits an event will get access to the guide!
So much goes on in Austin every March, it can be hard to find where the music tech movers and shakers are gathering. We're gathering all the official and unofficial happenings to help you find your way around and get the right people at your event.

Want to get the completed guide in your inbox? Sign up to get it here!

SoundGhost unveil Scatter Described as a ‘granular cloud generator’, Scatter uses short loops of incoming audio signals to create atmospheric effects and soundscapes.

Is being in a band obsolete? Solo artists dominate the chartsOnly three songs by a band made it into Biillboard’s U.S. Top 100 of 2022. Every song other than one each from Glass Animals, Imagine Dragons, and One Republic was. Continue reading
The post Is being in a band obsolete? Solo artists dominate the charts appeared first on Hypebot.

How to market music with little or no budget [Emily White]In this excerpt from her book “How to Build a Sustainable Music Career & Collect All Revenue Streams,” music industry thought leader, artists advocate, and podcaster Emily White lays out. Continue reading
The post How to market music with little or no budget [Emily White] appeared first on Hypebot.

Surge XT Now Available As FREE VCV Rack Module Set
Surge XT virtual synth drops as a free VCV Rack modular collection. The Surge XT virtual synthesizer is now available as a free modular collection for the VCV Rack Eurorack Simulator. The Surge XT for VCV Rack is an open-source project that’s free to use on Windows, Mac, and Linux in the VCV Rack library. [...]
View post: Surge XT Now Available As FREE VCV Rack Module Set

FKFX Launches FREE KrishnaSynth Legacy Synthesizer
FKFX relaunched KrishnaSynth Legacy, a modernized version of the KrishnaSynth virtual synthesizer plugin initially released by Devine Machine Software in 2007. The new Legacy plugin is available in Free and Full editions. Revisiting plugins of yesteryear rarely holds the same promise and potential as something like your old guitars or hardware synths. However, there is [...]
View post: FKFX Launches FREE KrishnaSynth Legacy Synthesizer

How musicians can use Discord to build a fanbaseDiscord is a great resource that all sorts of creators should utilize. Here’s how musician’s can use the platform to build a close-knit community of support. by Janelle Borg of. Continue reading
The post How musicians can use Discord to build a fanbase appeared first on Hypebot.

Wave Alchemy reveal Glow Glow aims to recreate the sound of one of the world’s most sought-after digital reverb units, and expands on the capabilities of the original by introducing new modulation features.