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The world is on fire. Inflation is through the roof, and AI is taking our jobs. What does it all mean? Matt Bevan explains the biggest story in world news while hiding in his basement from assassins and authoritarian regimes.
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ABC News
6 hours ago
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New York City's Mamdani vows to 'reject Trump's fascism'
New York City mayoral candidate Zohran Mamdani vows to 'reject Trump's fascism' in speech after former Governor Andrew Cuomo's concession.

News.com.au
9 hours ago
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Spotify's CEO invests $1 billion into an AI military start-up — and musicians are fuming
Spotify's billionaire CEO Daniel Ek is under heavy fire from artists and industry advocates after announcing a €600 million (A$1.07 bn AUD) investment into Helsing, a military tech start-up developing AI tech for war. Helsing, now valued at around €12 billion (A$19.5bn), builds AI-driven drones, submarines and aircraft and claims to 'develop and deploy these technologies' to 'protect fragile democracies'. Ek's investment, made via his firm Prima Materia, saw him aggressively double down on an earlier €100 million (A$162 million) pledge in 2021. He now chairs the company. But while Ek frames the move as a response to modern geopolitical challenges, many in the music world see it as a betrayal. For an industry largely built around the idea of community and counterculture, the optics are damning. 'This is one of the many reasons I'm not releasing music on Spotify anymore,' said Charlie Waldren, the Sydney artist behind Poolroom. 'People talk about 'no war' while paying $13.99 a month to a company whose boss is doing this, so they can listen to Royel Otis. 'I don't want to fund war with my subscription.' While one subscriber ditching the platform is inconsequential to the Spotify profit machine, Waldren hopes more of his peers get hip to the realities of the world's biggest music streamer. He has returned to releasing on Bandcamp, a website set up specifically with the artist in mind, where users can purchase music and merchandise directly from the uploader. German electronic music producer Skee Mask also made headlines when he scrapped his entire discography from the platform, following Ek's initial investment into Helsing. 'It's done, all my s**t is gone from Spotify,' he wrote. 'My music will be available there again as soon as this company starts (somehow) becoming honest and respectful towards music makers. But the United Musicians and Allied Workers (UMAW) organisation, a group advocating for artist rights, went even harder, claiming on X it looked like 'warmongering' while artists are paid 'poverty wages'. 'To build a fair and just music industry, we also must dismantle imperialism in all its forms.' 'We stand against genocide and against the war machine, and encourage artists to build solidarity across the world.' 'Evil Music CEO': Video Popular music reviewer Anthony Fantano, known online as 'The Needle Drop', joined the chorus with a video published this week titled: ' Evil Music CEO.' 'If you are at all familiar with the history of capitalism, you understand that the entertainment industry being mixed in, in some form or fashion, with some of the worst sectors of our economy. It's nothing new. But it's somehow worsening, thanks to Daniel Ek, CEO over at Spotify,' Fantano told his 2 million subscribers. 'Was music ever really a passion or a driver for him in any way whatsoever?' he asks in the video, while claiming he would now be involved in 'tech designed to kill people'. 'This dude runs his company in a way where he's paying artists poverty wages.' Fantano said that anybody who truly cared about music as a cultural necessity would use at least some of the fortune they made from countless artists to inject some much-needed stimulus into areas that needed it most. 'Now, if that were me, and I had that much money in my pocket — sure, this doesn't make me Jesus or anything — but you know, I would at least put some of that cash back into the music economy to maybe support the artists that are making my livelihood possible, consistently,' he said. Composer Pete Carroll echoed those sentiments on X, urging artists to boycott the platform. 'Take your human creative works off Spotify people. You're supporting a (MAN) now involved with military AI,' he said. Ek has been contacted for comment via Spotify. Streaming is 'poverty' for artists It's all part of a broader pushback against major power brokers in the music industry. Spotify has a chequered history and dubious reputation among grassroots musicians around the globe. The platform, which launched in 2008, has long faced criticism for what many say are razor-thin artist royalties. Spotify's convenience has won over millions of users around the globe. Because of its gargantuan user count, the appeal for artists is 'exposure'. But even if you listened to your favourite band on repeat all day, you'd barely be generating a dollar. In 2024, Spotify's average payout per stream ranged between $0.003 and $0.005 USD, which converts to approximately $0.0045 to $0.0075 AUD per stream. That rate can vary based on factors such as listener location, subscription type (free or premium), and the artist's distribution agreement. For a band of five to make the average wage in Australia purely off streaming payouts, they would need approximately 88.7 million hits annually, or about 7.4 million streams per month. That's roughly the entire population of NSW playing your song at least once a month. And that's all before tax, of course. Because then comes the ATO and the industry's obligatory deductions. Distributors, record labels and all manner of 'necessary middlemen' often take a percentage of an artist's revenue, which can significantly reduce the amount that reaches each musician. For a pop star who does not write their own songs and builds wealth from exterior sponsorships, this is not a big deal. But for small acts that self-produce, the divvying up of meagre payouts is seen as criminal. For example, an independent garage band must pay approximately $20 to a 'distributor' before uploading their song to Spotify. It would then take that song around 10,000 streams a year to 'pay' for itself. Relying solely on Spotify streaming revenue to earn a crust has become a fruitless strategy for start-up projects, which has inevitably led some bands to flip the table. Diversifying income streams through live performances, merchandise sales, and other platforms can provide more financial stability. But a quick glance at Australia's collapsing festival circuit will tell you just how optimistic that sounds for working bands attempting to break through.

ABC News
15 hours ago
- ABC News
Zohran Mamdani defeats New York Democratic rivals and claims victory for party's progressives
It was a fierce and at times nasty battle that pitted competing visions and ambitions for the future of the Democratic Party against one another. In the end, the New York progressives emerged victorious, and they now believe they have the momentum to change their party. The race to determine who would be the Democratic candidate for New York City mayor had two distinct sides. On one was the Democratic establishment — Andrew Cuomo, the former governor of the State of New York and scion of one of the country's most powerful political families. On the other, the progressive insurgency — Zohran Mamdani, a 33-year-old Muslim and self-declared "Democratic socialist" and critic of capitalism who was promising to hike taxes on the rich. In the end, New York City voted for the younger and far less experienced Mamdani to be its Democratic candidate for mayor, shocking the party establishment and lighting a fire under the progressives who are ready to march further to the left. From the position of president, down to school boards in some local counties, Americans get to vote on who they want to hold power, but they also get to vote on the candidates that end up on the ballot via primaries. While Donald Trump and his MAGA movement have ascended and now reign supreme over the Republican Party, there is a battle going on inside the opposition. Since the defeat of Kamala Harris in November, the Democratic Party has been in the throes of an identity crisis. Some believe future electoral success lies in embracing the left fringe of the party, others want the centre to hold. Now progressives have had a major win. With 43.5 per cent of the vote in the first round, Mamdani is now poised to run as the party's candidate for mayor of New York at the general election on November 4. Mamdani ran a slick social media heavy campaign, and with liberal uses of celebrities, built a grassroots effort that propelled him to victory. "This is not just about New York, this is about the Democratic Party. It's about the hope that we have … that people can win elections, not just money," said celebrity Emily Ratajkowski as she endorsed Mamdani. Voters opted for the man with the shorter resume over someone with a problematic one. Cuomo had been backed by billionaires and as a former governor Cuomo had name recognition, but New Yorkers also could not forget the sexual harassment allegations levelled at him. Mamdani's victory has energised the progressive wing of the Democratic Party. They've seized on his success as evidence that a bold left-wing platform can be electorally successful. But that narrative is already being contested by centrist and moderate members of the party who argue a campaign like Mamdani's might work in inner cities, but will not translate to the suburbs of middle America which determine elections. Either way, Mamdani's win does a few things. It gives progressives momentum, rattles the party establishment and presents an opportunity to Donald Trump and his Republican army. A few short months ago, you would have struggled to find anyone who had heard of Zohran Mamdani outside of local politics and now he is being lionised and pilloried by some of America's biggest political players. His life story became a big part of his campaign. He was born in Kampala in Uganda to a family of Indian ancestry before he moved to New York at age seven. His mother, Mira Nair, is a well-known film director and his father is Mahmood Mamdani, is a professor at Columbia University, specialising in the study of colonialism. Mamdani is married to artist and ceramicist Rama Duwaji who was attacked online by right-wing trolls throughout the campaign. The couple met on Hinge. If the people of New York back Mamdani at the general election, he'd be the first South Asian and first Muslim mayor. He would also be an anti-capitalism mayor in a city that was arguably the birthplace of the United States free market-loving economy. Before his political career, Mamdani worked in film and as a writer. He even had his own short-lived hip hop career as Mr Cardamom, with lyrics like: "I'm your boss, I'm your f**king Nani. Got a doctorate bitch, so don't f**king try me." Mamdani ran on a hyper progressive agenda. He has been promising free buses, rent freezes, tripling the production of rent stabilised housing and to develop a chain of city-owned grocery stores to bring down the prices of basics. But perhaps the most contentious issue in this campaign was his position on Israel and Palestine, despite the New York mayor not having any foreign policy responsibilities. Mamdani's long standing activism on behalf of Palestinians and staunch criticism of Israel was seized upon by his opponents. Mamdani has accused Israel of committing genocide in Gaza and practising apartheid. He's even said he'd arrest Benjamin Netanyahu, if the Israeli prime minister was to visit New York while he was mayor. New York City, with an estimated 1.5 to 2 million Jews, is often considered to be the second largest Jewish city in the world, after Tel Aviv. The conventional political view has been, until now, that to be successful in New York, a candidate needed to be pro-Israel. That was the track Cuomo was running, describing himself as a "hyper supporter of Israel and proud of it". Andrew Cuomo came to this race with heavy baggage, which weighed down his popularity. He stood down as governor of New York state in 2021 after being accused of sexual harassment by multiple women. The Justice Department found Cuomo had repeatedly subjected women in his office to non-consensual sexual contact. Cuomo continues to deny he did anything illegal. But Cuomo was well supported by the Democratic establishment. And he was backed by billionaires like former mayor Michael Bloomberg and investor Bill Ackman. Bill Clinton also backed Cuomo, who'd once served as his secretary of housing urban development, with the former president saying: "It is imperative that New York chooses a mayor who has the ability, talent, and experience to do the job." While Cuomo's campaign did its best to paint Mamdani as ill-equipped for the job of running a city with a $115 billion budget and that employs about 300,000 workers, the voters were not swayed. Republicans seem to think Mamdani's win and the Democrats that delivered it have handed them a major advantage in other races. They are doing their best to elevate Mamdani to national prominence. Vice President JD Vance has been calling him "the new leader of the Democratic Party". While President Trump has been calling Mamdani a "100% Communist Lunatic". The National Republican Congressional Committee labelled him as an "antisemitic socialist radical". While Mamdani rejects any claim he's an antisemite, he embraces the term socialist. Basil Smikle, a political analyst and professor at Columbia University's School of Professional Studies, said heavy-handed attacks on Mamdani could backfire by energising "a lot of the Democratic voters to want to push more against Trump". Mamdani has paid credit to another high-profile "Democratic socialist", Vermont senator and former presidential candidate Bernie Sanders, calling him "the single most influential political figure" in his life. Sanders said Mamdani's victory was due to a "brilliant campaign" and claims Kamala Harris would be president today if she had followed the Mamdani playbook. In addition to Sanders, perhaps Mamdani's most important endorsement came from Congressional representative Alexandria Ocasio-Cortez , more commonly known as AOC. She threw her weight behind his bid in the final weeks of the campaign. "Assemblymember Mamdani has demonstrated a real ability on the ground to put together a coalition of working-class New Yorkers that is strongest to lead the pack," she said. AOC is the most high-profile member of the progressive wing of the party. She's been suggested as potential president candidate in 2028 or may launch a bid to unseat the long serving senator Chuck Schumer. But while the progressive wing is basking in the glow of the unexpected New York victory, the party is split on what the win means. Democratic strategist Tim Lim told Politico: "For moderates and wealthy Democratic donors, the reaction is, this is horrible and it's going to ruin us." "For centre-line Democrats who don't necessarily support Mamdani's policies, the reaction is, this is a rejection of the Democratic establishment and Mamdani ran a great campaign against a sex offender. "And for progressives, they believe this is what happens when you listen to voters." For his part, Mamdani seemed ready to embrace any role as a party leader, telling supporters in his victory speech that he would govern the city "as a model for the Democratic Party – a party where we fight for working people with no apology". He vowed to use his mayoral power to "reject Donald Trump's fascism". Mamdani will go to the general election in the mayoral race this November. Next November, the United States will vote in midterm elections, which will be the first real test of national sentiment towards the second Trump presidency. By November 2028, the Democratic Party will have to have figured out how to defeat whoever takes over the MAGA mission. While Mamdani's primary victory was a seismic shock to the party, it will be but a blip if he doesn't become mayor in November and that is by no means a lock. It's a crowded field. He'll be facing the current Mayor Eric Adams who previously won as a Democrat before leaving the party when it was clear he would not win the primary. Andrew Cuomo is also leaving the door open to a run as an independent and there will also be a Republican flag-bearer. It is also likely to be a well-financed contest. Billionaire Bill Ackman has already promised to bankroll a rival. He has claimed he and his allies are willing to spend "hundreds of millions of dollars" to ensure Mamdani does not emerge victorious. While Mamdani's pledges to hike taxes and expand services won over New York's Democrats, it might be a different matter once Republicans and independents are given their chance to make a pledge to voters. The ranked choice system New York uses for its elections, which is similar to Australia's preferential system, also rewards moderation so it is possible it will work against him when there are more centrist candidates competing. But win or lose in November, Mamdani has delivered a message to the party's most powerful at a time when there is a vacuum of strategy and direction. By running on a platform that represents, not the top 1 per cent, but the other 99, Mamdani pulled off a monumental political upset. "Cost of living is the issue of our time," Neera Tanden, the chief executive of Democratic think tank Center for American Progress wrote on X in response to Mamdani's win. ABC/Reuters