Covering Pop Hits On YouTube Is Starting To Pay
Now that YouTube runs advertising on videos of cover songs, musicians like Tyler Ward are working with agencies to negotiate higher shares of that revenue.
Business Story of the Day
Dear Apple: Good Luck Against The Smartphone Black Market
The new iPhone's fingerprint recognition technology is the company's first major effort to combat smartphone theft. But with an insatiable global appetite for the devices, will it really make a difference?
Tired Of Inequality? One Economist Says It'll Only Get Worse
In his new book, Average Is Over, Tyler Cowen predicts that America will become a new, more creative meritocracy. Though he believes a rise in income inequality is inevitable, he hopes that "happiness inequality isn't going up in the same way."
Key To Unlocking Your Phone? Give It The Finger(print)
Passwords are a pain to remember, and they're only partially effective in securing your devices. Now, with a fingerprint scanner built into the new iPhone 5s' home button, biometrics is taking a big step into a much bigger ecosystem. But such scanners raise security and privacy concerns of their own.
Why Steinway Is Likely To Be Sold To A Hedge Fund Manager
Steinway Musical Instruments is on the auction block and a mystery bidder, rumored to be hedge fund manager John Paulson, appears to have the winning bid at $458 million. Ilya Marritz explains why the fairly healthy company is seeking a buyout in the first place.
Under Dust And Rust, 'New' Classic Cars Go Up For Auction
A long-closed car dealership in Nebraska will soon auction more than 500 classic cars, many with fewer than 10 miles on the odometer. Though time has taken a toll on many on the block, in some ways the cars are brand new. Some still have plastic on the seats and the price sticker on the window.
Honest Tea Founders Tell Their Story Of Not-Too-Sweet Success
Back in the 1990s, Seth Goldman and Barry Nalebuff were tired of the super sweet iced teas available in stores. So they started their own company to cater to "more sophisticated, grown-up tastes." They chronicle their adventures and misadventures in a graphic novel called Mission In A Bottle.
Mayer Shines At Yahoo After Spotlight Dimmed At Google
Yahoo has redesign some of its major sites — the latest step in CEO Marissa Mayer's dramatic turnaround of the Internet company. Before Mayer interviewed for the job at Yahoo, her career at Google appeared to have stalled. Renee Montagne discusses this with Nicholas Carlson, who wrote a profile of Mayer for the news website Business Insider.
Turning Off The Spigot In Western Kansas Farmland
If Kansas farmers keep pumping water out of the High Plains aquifer as they have in the past, the amount of water they can extract will start to fall in just 10 years or so, scientists predict. That will cause big changes in the agricultural economy. But reducing water use now could help delay and ease that disruption.
U.S. Retailers Vow To Upgrade Bangladesh's Safety Standards
A group of 20 companies, meeting in Chicago Tuesday, announced steps to implement a safety plan for factories in Bangladesh. The companies, including Wal-Mart, Costco and Gap, formed the Alliance for Bangladesh Worker Safety, which promises to have fire and building safety standards in place by mid-September.