SoundCloud CEO Kerry Trainor joins Cheddar to discuss the launch of a new home experience to help users create personalized playlists. He talks about how this feature will help shape the vision of the company and what the future looks like for the music streaming company. Trainor took over as CEO in August, after the company raised $170 million and went through significant layoffs. At one point SoundCloud was valued at $700 million, now it's down to around $150 million. Trainor talks about focusing on good content and developing a strong relationship with creators. He talks about creating different streams of revenue by investing in creator tools and options for monetization. Plus, Trainor believes repealing net neutrality is the wrong move and would undermine what the internet was created to do: innovate without permission. He says it will reduce consumer choice and would be a big step back for America is it's repealed.

Share:
More In Business
Starbucks’ Change Flushes Out a Debate Over Public Restroom Access
Starbucks’ decision to restrict its restrooms to paying customers has flushed out a wider problem: a patchwork of restroom use policies that varies by state and city. Starbucks announced last week a new code of conduct that says people need to make a purchase if they want to hang out or use the restroom. The coffee chain's policy change for bathroom privileges has left Americans confused and divided over who gets to go and when. The American Restroom Association, a public toilet advocacy group, was among the critics. Rules about restroom access in restaurants vary by state, city and county. The National Retail Federation says private businesses have a right to limit restroom use.
Trump Highlights Partnership Investing $500 Billion in AI
President Donald Trump is talking up a joint venture investing up to $500 billion for infrastructure tied to artificial intelligence by a new partnership formed by OpenAI, Oracle and SoftBank. The new entity, Stargate, will start building out data centers and the electricity generation needed for the further development of the fast-evolving AI in Texas, according to the White House. The initial investment is expected to be $100 billion and could reach five times that sum. While Trump has seized on similar announcements to show that his presidency is boosting the economy, there were already expectations of a massive buildout of data centers and electricity plants needed for the development of AI.
Load More