#Factoring Services Market Share

[industrynewsupdates]

Factoring Services Market Growth: Key Trends Driving the Future of the Industry

The global factoring services market size is expected to reach USD 8,188.67 billion by 2030, exhibiting a CAGR of 10.5% from 2024 to 2030, according to a new study by Grand View Research, Inc. The increasing demand for quick and hassle-free financing sources among Micro, Small, and Medium Enterprises (MSMEs) is driving market growth. Factoring services help businesses secure working capital loans and mitigate credit risks. Furthermore, the integration of Artificial Intelligence (AI) and machine learning is anticipated to enhance fraud risk identification, streamline underwriting processes, provide operational savings, and simplify payment applications. Fintech companies and banks have embraced these technologies to develop innovative products and maintain competitiveness in the market.

Since many factoring companies and other lenders have adopted disintegrated data architecture, the use of Application Programming Interface (API), File Transfer Protocol (FTP), or other types of protocols may not be suitable for all kinds of factoring operations. RPA helps businesses automate many processes and become more efficient because it does not necessitate backend coding and helps reduce difficulties associated with code-based data integrations. Furthermore, low-code applications are in high demand because they enable organizations to deploy robust apps that can be easily customized to the organization's needs while saving time, money, and errors in the operation.

Many Business-to-Consumer (B2C) transactions and payment methods, including cheques, are being replaced with electronic alternatives. Digitizing accounts receivable processes helps reduce printing costs and boosts employee profits. Numerous enterprises prefer on-premises deployment of accounts receivable solutions for complete control over infrastructure, assets, and business records. This preference is especially strong in the healthcare and BFSI sectors due to the critical nature of data across these industries. These factors are expected to drive the demand for automation in the factoring services market.

Gather more insights about the market drivers, restrains and growth of the Factoring Services Market

Factoring Services Market Report Highlights

• Based on category, the international segment is expected to register a CAGR of 11.0% from 2024 to 2030. International factoring service providers bridge helps in bridging the gap by extending credit against foreign receivables, offering clients extra capital to foster business growth and handle expenses. Consequently, international factoring emerges as an essential tool for businesses seeking global expansion while upholding financial stability

• Based on type, the non-recourse segment is expected to register a CAGR of 10.8% from 2024 to 2030. Non-recourse factoring enables business expansion by permitting companies to onboard new clients and scale their activities without raising credit risk exposure. This flexibility in client acquisition and the capacity to capitalize on growth prospects are key drivers behind the growing preference for non-recourse factoring

• The non-banking financial institution segment is expected to register a CAGR of 11.9% from 2024 to 2030. Non-banking financial institutions provide adaptable and personalized factoring solutions, unlike conventional banking systems. NBFIs can customize terms, pricing structures, advance rates, and service levels to align with the specific preferences and circumstances of factoring businesses. This flexibility empowers customers to select arrangements that precisely meet their business needs

• North America is expected to register a CAGR of 10.0% from 2024 to 2030. In North America, factoring companies are honing their focus on delivering specialized services tailored to niche markets like transportation, staffing, and advertising. This strategic specialization enables these companies to gain deeper insights into the distinct requirements and obstacles faced by their clients, thereby offering customized financing solutions and additional value-added services

Factoring Services Market Segmentation

Grand View Research has segmented the global factoring services market based on category, type, financial institution, end-use, and region:

Factoring Services Category Outlook (Revenue, USD Billion, 2018 - 2030)

• Domestic

• International

Factoring Services Type Outlook (Revenue, USD Billion, 2018 - 2030)

• Recourse

• Non-recourse

Factoring Services Financial Institution Outlook (Revenue, USD Billion, 2018 - 2030)

• Banks

• Non-banking Financial Institutions

Factoring Services End-use Outlook (Revenue, USD Billion, 2018 - 2030)

• Manufacturing

• Transport & Logistics

• Information Technology

• Healthcare

• Construction

• Staffing

• Others

Factoring Services Regional Outlook (Revenue, USD Billion, 2018 - 2030)

• North America

o U.S.

o Canada

o Mexico 

• Europe

o UK

o Germany

o France

o Italy

o Spain

o Poland

o Belgium

o Netherlands

• Asia Pacific

o China

o India

o Japan

o South Korea

o Australia

• Latin America

o Brazil

• Middle East & Africa (MEA)

o UAE

o Saudi Arabia

o South Africa

Order a free sample PDF of the Factoring Services Market Intelligence Study, published by Grand View Research.

[jarvis-invest]

Learn what to expect from the FY25 budget, implications for market volatility, tax changes, long-term gains, and impacted sectors. 

[market-insider]

Latin America Factoring Services Market Research: Dynamic Strategies in Action

The Latin America factoring services market size is expected to reach 346.02 billion by 2030. The market growth can be attributed to a rise in automation in financial services, expansion of the manufacturing industry, and rise in open account trading and cross-border business. The automation of repetitive and time-taking backend tasks in financial services helps financial institutions to simplify their operations and optimize their credit collection processes. Furthermore, the digitization of accounts receivable processes helps reduce printing costs and ensures more profits for employees. These developments will drive the market during the forecast period. The COVID-19 pandemic has brought in a more collective approach, wherein banks and Supply Chain Finance (SCFs) would work jointly to offer added value to the client environments.

Gain deeper insights on the market and receive your free copy with TOC now @: Latin America Factoring Services Market Report

The industry is anticipated to turn to digital documentation, along with cloud- and AI-based models enhancing the efficiency of services. Banks are projected to become more user-friendly with an accessible site for customers to check their balances, assign invoices, and submit financing requests as needed. Clients can choose banks that employ the most updated, fast, and dynamic digital technology to solve problems, streamline internal operations, and share large volumes of data with their systems. As a result, finance organizations are expected to update their solutions to remain competitive. The increasing adoption of blockchain technology among banks and Non-banking Financial Companies (NBFCs) is driving the growth of the market.

It encourages industry players to make more efforts to improve their services to gain a competitive edge. Furthermore, the growing adoption of Distributed Ledger Technology (DLT) among various SMEs & large enterprises and increased awareness about blockchain DLT applications among various industries are driving the growth of the industry. The technology provides several benefits, such as sending & receiving product information transparently and storing customers’ information securely for different purposes. Such features enabled by blockchain technology are expected to boost the adoption of factoring services in NBFCs and banks during the forecast period. The Argentina regional market will have considerable growth over the forecast period. The country has been focusing on developing its Micro, Small & Medium-sized Enterprises (MSME) production and digital transformation.

[payblogs]

DARK SMS - DRAGON+

In today’s fast-paced digital landscape, maintaining privacy and security while communicating is more important than ever. Introducing DarkSMS, a cutting-edge virtual SMS platform designed to streamline your messaging experience without compromising your personal information. With our innovative virtual number service, users can receive SMS messages securely and anonymously, eliminating the risks associated with sharing private phone numbers. Whether you’re signing up for online services, verifying accounts, or simply looking to keep your communication confidential, DarkSMS has got you covered. 

Virtual SMS

Virtual SMS refers to the messaging service that enables users to send and receive text messages through a virtual phone number rather than a traditional mobile line. This service is particularly useful for individuals and businesses looking to maintain privacy while communicating or verifying accounts.

One of the key advantages of using virtual sms is the ability to receive SMS without revealing your personal phone number. This is especially beneficial for online transactions, sign-ups for apps, or any situation where you might need to provide a phone number but want to protect your privacy.

Furthermore, virtual numbers can be easily managed from a web-based platform, allowing users to organize and store messages effectively. Many service providers offer features such as message forwarding, where received SMS messages can be redirected to your email or other platforms, ensuring you never miss an important notification.

In addition to privacy and convenience, virtual SMS services are often cost-effective. They eliminate the need for extra SIM cards or mobile contracts, allowing users to only pay for the services they actually use. This flexibility makes virtual number services highly attractive for startups and individuals working from remote locations.

As businesses increasingly adopt digital communication strategies, integrating virtual SMS into their operations can enhance customer interaction and improve engagement through instant messaging capabilities.

Virtual Number Service

A virtual number service offers a practical solution for individuals and businesses looking to maintain privacy while receiving communications. By using a virtual number, you can receive SMS messages without exposing your personal phone number. This feature is especially useful for those engaged in online transactions, such as e-commerce, as it safeguards against unwanted spam and protects your identity.

One of the key advantages of a virtual number service is its capability to function seamlessly alongside your primary phone line. Users can receive messages from various platforms effectively, whether it's for verification purposes, two-factor authentication, or simply keeping in touch with clients. The convenience of managing multiple numbers through a single device cannot be overstated.

With options to select numbers from different geographic locations, this service caters to users looking to establish a local presence in different markets. Moreover, these numbers can be set up quickly and easily, providing instant access to receive SMS without lengthy contracts or commitments.

To optimize your experience with virtual SMS and virtual number services, consider features like call forwarding, voicemail, and the ability to choose your own number. Such functionality enhances user experience by offering flexibility in communication while maintaining professional boundaries.

Ultimately, investing in a virtual number service can significantly enhance your business's communication strategy, allowing you to receive SMS reliably while focusing on building relationships with your clients.

Receive SMS

Receiving SMS through a virtual number is a convenient service that allows users to get text messages without needing a physical SIM card. This is particularly beneficial for individuals and businesses looking for privacy or those who wish to avoid exposing their personal phone numbers.

The process is straightforward: once you obtain a virtual number through a reliable virtual number service, you can start receiving sms messages. This service is essential for various reasons, including:

  Account verification codes: Many online platforms use SMS to send verification codes. A virtual number allows you to receive these codes securely.

  Business communications: Companies can use virtual SMS to receive client inquiries or feedback without revealing their primary contact numbers.

  Privacy protection: By receiving SMS through a virtual number, users can protect their personal phone numbers from spam and unwanted solicitation.

Moreover, the get SMS feature of a virtual number service ensures that you don’t miss any important messages, even if you are on the move. Messages are often stored digitally, which means you can access them anytime and anywhere.

In summary, the ability to receive SMS through a virtual number enhances both privacy and accessibility, making it a valuable tool for users in various contexts.

Get SMS

Getting SMS messages through a virtual number service has become increasingly popular due to its convenience and versatility. Whether you need to receive texts for verification purposes or want to maintain privacy while communicating, virtual SMS provides a robust solution.

With a virtual number, you can easily get sms from anywhere in the world without needing a physical SIM card. This feature is particularly beneficial for businesses that require secure communication with clients or customers, as it ensures that sensitive information remains confidential.

Here are some advantages of using a virtual number to get SMS:

Privacy Protection: Using a virtual number helps keep your personal phone number private.

Accessibility: You can receive SMS messages on multiple devices, including tablets and laptops.

Cost-Effective: Virtual SMS services typically come with lower costs than traditional SMS plans.

Global Reach: You can get SMS messages from international numbers without incurring roaming fees.

Easy Setup: Setting up a virtual number to receive SMS is straightforward and often takes just a few minutes.

In summary, leveraging a virtual number service for SMS communication allows you to manage your messages efficiently while maintaining privacy, enhancing accessibility, and reducing costs. This is particularly useful for both personal and business communications, making it a smart choice for anyone looking to streamline their SMS functions.

[kimlerde]

Booking test

Welcome to our comprehensive guide on BookieComplain.com, your go-to resource for navigating the world of online betting with confidence. In an industry where trust and transparency are paramount, we understand the importance of informed choices. Our platform tackles the most pressing issues by aggregating user feedback and complaints about various bookmakers, including 1xBit, Paripesa, Stake, and Bet365. Whether you seek to understand common grievances or wish to compare the reputation of different betting sites, Bookie Complain serves as your trusted companion.

1xbit Complaints

As with any betting platform, it's crucial for users to weigh the benefits against the difficulties reported by others. With ongoing discussions regarding paripesa complaints, Stake complaints, and bet365 complaints, potential customers must conduct thorough research to ensure a positive betting experience.

Paripesa Complaints

Paripesa complaints, like many other betting platforms, has received a variety of complaints from users regarding different aspects of its services. Understanding these complaints is crucial for those who are considering using Paripesa for their betting needs.

Common User Complaints

Withdrawal Issues: Users frequently report difficulties with withdrawing their funds, citing delayed processing times or complications with verification processes.

Customer Service Experiences: Many complaints revolve around the responsiveness and effectiveness of customer support. Users have expressed frustration over long wait times for assistance or unhelpful responses to their queries.

Banned Accounts: There are instances where users have claimed that their accounts were unjustly suspended or closed without sufficient explanation, which can leave them feeling cheated.

Bonus Restrictions: Some customers feel misled by the conditions attached to bonuses and promotions, alleging that the requirements were not communicated clearly.

Factors Influencing Complaints

The reasons behind these complaints can vary widely. Some users may not fully understand the terms and conditions associated with the platform, while others may have had isolated incidents that do not represent the overall user experience. It's essential to approach these complaints with a balanced perspective, considering both the negative feedback and positive reviews that may exist.

Using User Reviews to Inform Decisions

While Stake has its strengths, addressing these stake complaints is crucial for maintaining a positive user experience. Potential users should consider these issues before engaging with the platform, making informed decisions based on feedback from current and previous users.

Bet365 Complaints

When it comes to online betting platforms, bet365 is a prominent name in the industry. However, like many other betting sites, it has received its share of complaints from users. Understanding these complaints can help you make an informed decision when considering using their services.

Common Issues Reported

Some of the most frequently reported bet365 complaints include:

Account Verification Delays: Users have reported prolonged delays in the account verification process, which can impact their ability to place bets promptly.

Withdrawal Issues: There are various complaints about delays in processing withdrawals, with some users experiencing significant waiting periods for funds to arrive in their accounts.

Responsive Support: Many bettors have noted that the customer service response times can be slow, particularly during peak betting times or major sporting events.

Marketing Practices: Some users have raised concerns about misleading promotional offers, feeling that the terms and conditions are not clearly outlined.

Feedback from Users

While bet365 provides a wide range of betting options and generally positive experiences for many users, it is important to consider both the pros and cons. User feedback often highlights a mix of satisfaction with the platform's features but also frustration with specific issues.

Understanding the nature of 1xbit complaints, paripesa complaints, Stake complaints, and now bet365 complaints can help users navigate their betting experiences more effectively. Always research and weigh the positive and negative feedback from users to make a wise decision.

[coolreallifes]

How to Choose the Best Broker for Stock, Forex, and Crypto Trading in 2024?

Navigating the world of trading can be overwhelming, especially when it comes to selecting the right broker to meet your trading requirements. Whether you’re interested in stocks, forex, or cryptocurrencies, the choice of broker can significantly impact your trading experience and success. In this post, we’ll explore the key factors to consider when choosing a broker and introduce you to ForexJudge.com, a reliable resource that offers comprehensive reviews and detailed analysis of the world’s best brokers.

Factors to Consider When Choosing a Broker

Regulation and Security:

Ensure the broker is regulated by a reputable financial authority. Regulation provides a level of security and oversight, protecting you from fraudulent activities.

Look for brokers that offer robust security measures, including encryption and two-factor authentication, to safeguard your funds and personal information.

Trading Platform:

A good trading platform should be user-friendly, reliable, and equipped with essential tools for analysis and trading.

Consider whether the platform offers mobile compatibility if you plan to trade on-the-go.

Fees and Commissions:

Compare the fees and commissions charged by different brokers. Lower fees can significantly enhance your profitability, especially if you trade frequently.

Be aware of hidden fees, such as withdrawal charges, inactivity fees, or charges for additional services.

Range of Assets:

Ensure the broker offers the range of assets you’re interested in trading. If you plan to diversify your portfolio, choose a broker that provides access to stocks, forex, and cryptocurrencies.

Some brokers specialize in specific asset classes, so make sure your chosen broker aligns with your trading preferences.

Customer Support:

Reliable customer support is crucial, especially if you encounter issues with your account or trading platform. Look for brokers that offer multiple support channels, including live chat, phone, and email.

Check reviews to gauge the quality and responsiveness of the broker’s customer service.

Education and Resources:

Many brokers offer educational resources such as tutorials, webinars, and market analysis. These resources can be invaluable, especially for beginners.

A broker that provides regular market updates and trading insights can help you stay informed and make better trading decisions.

How ForexJudge.com Can Help

With so many brokers available, making an informed choice can be challenging. This is where ForexJudge.com comes in. ForexJudge is a trusted platform that has compiled detailed reviews and analysis of the world’s best brokers. By providing comprehensive information and user feedback, ForexJudge helps traders make well-informed decisions.

Detailed Broker Reviews

ForexJudge offers in-depth reviews of brokers across various asset classes, including stocks, forex, and cryptocurrencies. Each review covers critical aspects such as regulation, fees, trading platforms, and customer support. By reading these reviews, you can gain valuable insights into the strengths and weaknesses of different brokers, helping you choose the one that best meets your needs.

User Feedback and Ratings

In addition to expert reviews, ForexJudge features user feedback and ratings. This community-driven aspect allows traders to share their experiences and provide honest assessments of brokers. This real-world feedback can offer a clearer picture of what to expect and help you avoid potential pitfalls.

Regular Updates and Alerts

The trading world is dynamic, with brokers frequently updating their services, fees, and policies. ForexJudge keeps you informed with regular updates and alerts, ensuring you have the latest information at your fingertips. This proactive approach helps you stay ahead of the curve and make timely decisions.

Making the Final Decision

When choosing a broker, it’s essential to consider your trading goals, risk tolerance, and preferred asset classes. By leveraging the resources available on ForexJudge, you can make a well-informed decision that aligns with your trading strategy.

Steps to Follow:

Identify Your Needs:

Determine what you want to trade (stocks, forex, crypto) and what features are most important to you (low fees, robust platform, educational resources).

Research and Compare:

Use ForexJudge’s detailed reviews and user feedback to compare different brokers. Pay close attention to factors such as regulation, fees, and customer support.

Test the Platform:

Many brokers offer demo accounts. Use these to test the trading platform and ensure it meets your needs before committing real funds.

Start Small:

When you choose a broker, start with a small investment to test the waters. As you gain confidence and experience, you can increase your trading capital.

Conclusion

Choosing the right broker is a crucial step in your trading journey. By considering factors such as regulation, fees, trading platforms, and customer support, you can make an informed choice that enhances your trading experience.

For a reliable resource in your broker selection process, turn to ForexJudge.com. With its comprehensive reviews, user feedback, and regular updates, ForexJudge provides the insights you need to make the best decision for your trading needs.

Happy trading, and may your investments be fruitful!

[theambitiouswoman]

How To Get Started Investing In The Stock Market

Educate yourself: Before investing in the stock market, it's important to educate yourself about the basics of investing, including the different types of investments, the risks involved, and how to build a diversified portfolio. There are many resources available, including books, online courses, and investment blogs.

Determine your investment goals: It's important to have clear investment goals before investing in the stock market. Are you investing for retirement, a down payment on a house, or to generate passive income? Your investment goals will help determine the types of investments that are appropriate for you.

Open a brokerage account: To invest in the stock market, you'll need to open a brokerage account with a reputable brokerage firm. Some popular options include Fidelity, TD Ameritrade, and Charles Schwab. When choosing a brokerage firm, consider factors such as fees, investment options, and customer service.

Build a diversified portfolio: Diversification is key to successful investing. By investing in a mix of stocks, bonds, and other assets, you can reduce your risk and increase your chances of long-term success. Consider investing in a mix of large-cap and small-cap stocks, domestic and international investments, and bonds with varying maturities.

Start investing: Once you have a brokerage account and have determined your investment strategy, it's time to start investing. Consider starting with a small amount of money and gradually increasing your investments over time.

WAYS TO INVEST

There are several ways to invest in the stock market, including:

Individual Stocks: This involves buying shares of individual companies on the stock market. You can buy shares through a broker or an online trading platform.

Mutual Funds: Mutual funds pool money from multiple investors and invest in a diversified portfolio of stocks. This allows you to invest in a variety of companies with a single investment.

Exchange-Traded Funds (ETFs): ETFs are similar to mutual funds, but they trade like individual stocks on an exchange. This allows you to buy and sell ETFs throughout the trading day.

Index Funds: Index funds track the performance of a specific index, such as the S&P 500. This provides exposure to a broad range of companies and can be a good option for long-term investors.

TOOLS TO START INVESTING

Online Trading Platforms: Many brokers offer online trading platforms that allow you to buy and sell stocks and funds. These platforms typically provide research tools and stock charts to help you make informed investment decisions.

Robo-Advisors: Robo-advisors are digital platforms that use algorithms to create and manage investment portfolios for you. They can be a good option for beginner investors who want a hands-off approach.

Investment Apps: There are several investment apps available that allow you to buy and sell stocks and funds from your mobile device. These apps are often designed for beginner investors and offer low fees and user-friendly interfaces.

PLATFORMS

A few popular options:

Robinhood: Robinhood is a commission-free trading app that offers stocks, ETFs, and cryptocurrency trading. It’s designed for beginner investors and offers a user-friendly interface.

Acorns: Acorns is an investment app that automatically invests your spare change. It rounds up your purchases to the nearest dollar and invests the difference in a diversified portfolio of ETFs.

TD Ameritrade: TD Ameritrade is a popular trading platform that offers stocks, ETFs, mutual funds, options, futures, and forex trading. It offers a variety of trading tools and research resources.

ETRADE: ETRADE is a popular online broker that offers stocks, ETFs, mutual funds, options, and futures trading. It offers a variety of trading tools and resources, including a mobile app.

Fidelity: Fidelity is a full-service broker that offers stocks, ETFs, mutual funds, options, and futures trading. It offers a variety of investment tools and research resources, including a mobile app.

INVESTMENT STRATEGIES

Value Investing: Value investing involves buying stocks that are undervalued by the market and holding them for the long term. This approach requires patience and a thorough analysis of a company’s financial statements and growth potential.

Growth Investing: Growth investing involves buying stocks in companies that are expected to grow faster than the market average. This approach often involves investing in companies that are at the cutting edge of technology or have innovative business models.

Dividend Investing: Dividend investing involves buying stocks in companies that pay a dividend. This can provide a steady stream of income for investors and can be a good option for those looking for more conservative investments.

Passive Investing: Passive investing involves investing in a diversified portfolio of low-cost index funds or ETFs. This approach is designed to match the performance of the overall market and requires minimal effort on the part of the investor.

Real Estate Investing: Real estate investing involves buying and holding real estate assets for the purpose of generating income or appreciation. This can include investing in rental properties, real estate investment trusts (REITs), or crowdfunding platforms.

Options trading: is a type of trading strategy that involves buying and selling options contracts, which are financial instruments that give the holder the right, but not the obligation, to buy or sell an underlying asset, such as stocks, at a specific price within a certain time frame. Options trading can be used to generate income, hedge against risk, or speculate on market movements.

Swing trading is a type of trading strategy that aims to capture short- to medium-term gains in a financial asset, such as stocks, currencies, or commodities. Swing traders typically hold their positions for a few days to several weeks, taking advantage of price swings or "swings" in the market. Swing traders use technical analysis to identify trends and patterns in the market, and they often employ a combination of charting tools and indicators to help them make trading decisions. They look for stocks or other assets that have a clear trend, either up or down, and then try to enter and exit positions at opportune times to capture profits.

TECHNICAL ANALYSIS TOOLS

There are many technical analysis resources available for traders to use in their analysis of financial markets. Here are some popular options:

TradingView: TradingView is a web-based charting and technical analysis platform that provides users with real-time data, customizable charts, and a variety of technical indicators and drawing tools.

StockCharts: StockCharts is another web-based platform that provides a wide range of technical analysis tools, including charting capabilities, technical indicators, and scanning tools to help traders identify potential trading opportunities.

Thinkorswim: Thinkorswim is a trading platform provided by TD Ameritrade that offers advanced charting and technical analysis tools, as well as a wide range of other features for traders, including paper trading, news and research, and risk management tools.

MetaTrader 4/5: MetaTrader is a popular trading platform used by many traders around the world. It provides a range of technical analysis tools, including customizable charts, indicators, and automated trading strategies.

Investing.com: Investing.com is a website that provides real-time quotes, charts, news, and analysis for a wide range of financial markets, including stocks, currencies, commodities, and cryptocurrencies.

Yahoo Finance: Yahoo Finance is a website that provides real-time stock quotes, news, and analysis, as well as customizable charts and a variety of other tools for traders and investors.

Finviz: is a popular web-based platform for traders and investors that provides a wide range of tools and information to help them analyze financial markets. The platform offers real-time quotes, customizable charts, news and analysis, and a variety of other features.

[felassan]

Business Wire: 'Electronic Arts Pre-Announces Preliminary Q3 FY25 Results'

"REDWOOD CITY, Calif.--(BUSINESS WIRE)--Electronic Arts Inc. (NASDAQ: EA) today announced preliminary results for the third fiscal quarter and a revised outlook for the fiscal year ending March 31, 2025. Business Outlook as of January 22, 2025 EA’s initial guidance for fiscal year 2025 anticipated mid-single-digit growth in live services net bookings1. However, the company now projects a mid-single-digit decline, with Global Football accounting for the majority of the change. Global Football had experienced two consecutive fiscal years of double-digit net bookings growth. However, the franchise experienced a slowdown as early momentum in the fiscal third quarter did not sustain through to the end. As a result, EA revises its outlook for Global Football to end the fiscal year down mid-single-digit at the midpoint of the new outlook. Separately, Dragon Age engaged approximately 1.5 million players during the quarter, down nearly 50% from the company’s expectations. As a result, EA is providing preliminary results for its third fiscal quarter and updating its fiscal year 2025 net bookings outlook. It now expects net bookings of approximately $2.215 billion for the third fiscal quarter and an updated range of $7.000 billion to $7.150 billion for fiscal year 2025. For its third fiscal quarter, EA now expects GAAP net revenue to be approximately $1.883 billion and approximately $1.11 in GAAP diluted earnings per share. “During Q3, we continued to deliver high-quality games and experiences across our portfolio; however, Dragon Age and EA SPORTS FC 25 underperformed our net bookings expectations,” said Andrew Wilson, CEO of EA. “This month, our teams delivered a comprehensive gameplay refresh in addition to our annual Team of the Year update in FC 25; positive player feedback and early results are encouraging. We remain confident in our long-term strategy and expect a return to growth in FY26, as we execute against our pipeline.” “We continue to balance investment for future growth with operational discipline, and remain committed to EA’s long-term financial framework,” said Stuart Canfield, CFO of EA. “As we look to FY26, we expect to grow as we launch more of our iconic franchises.” EA will announce its results for the third fiscal quarter ending December 31, 2024 on February 4th, 2025 and will host a conference call at 2:00 pm PT (5:00 pm ET) to discuss its quarterly results and financial outlook. Listeners may access the conference call live via a dial-in number or audio webcast."

"Tuesday, February 4, 2025 2:00 pm Pacific Time (5:00 pm Eastern Time) Dial-in numbers: Domestic: (855) 761-5600; International: (646) 307-1097 Conference ID: 5939891 Webcast: http://ir.ea.com"

"EA’s financial results release will be available after the close of market on February 4, 2025 on EA’s website at http://ir.ea.com. A dial-in replay of the conference call will be available until February 11, 2025 at (800) 770-2030 (domestic) or (609) 800-9909 (international) using pin code 5939891. An audio webcast replay of the conference call will be available for one year at http://ir.ea.com. Forward-Looking Statements Some statements set forth in this release, including the information relating to EA’s expectations under the heading “Business Outlook as of January 22, 2025” are forward-looking statements that are subject to change. These forward-looking statements are current as of January 22, 2025. These forward-looking statements are not guarantees of future performance and reflect management’s current expectations. Actual results could differ materially from those discussed in the forward-looking statements. Factors that might cause or contribute to such differences include those discussed in Part II, Item 1A of Electronic Arts’ latest Quarterly Report on Form 10-Q under the heading “Risk Factors”, as well as in other documents EA has filed with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended March 31, 2024. EA assumes no obligation to revise or update any forward-looking statement, except as required by law. In addition, the preliminary results set forth in this release are estimates based on information currently available to EA. While EA believes these estimates are meaningful, they could differ from the actual amounts that EA ultimately reports in its Quarterly Report on Form 10-Q for the fiscal quarter ended December 31, 2024."

[source]

[that-left-turn]

It seems to me like norman was vocally pro caryl around season 2/3 and then became vocally anti caryl after Melissa won her Saturn awards for seasons 4 and 5 and became a main cast member.. and then became vocally pro caryl again after she got paired with ezekiel.. and then he's anti caryl after they break up and has been ever since - even more so now that he's got "his own show".

Do we have any good idea of who was behind the leah story and the connie shipbait? Even though they used both to give caryl parallels, those seem like the main obstructions in season 10 for driving caryl forward. I wasn't actively shipping them then, but I felt the show was starting to push caryl towards canon, but then when leah popped up, I was like 'oh... ok??? I guess I was wrong then, stupid me'. As for connie, I thought it was to show "it's not like that", but it was never made fully clear. I wonder what the motivations were really behind introducing those two characters as ships for daryl.

BASICS

Each character arc and the emotional arcs which involve one or more characters are laid out in pre-production, so the season is fully plotted before any scripts are written. There are zero surprises in screenwriting: each episode has a treatment, which details every scene and that's the basis used for writing the screenplay. The individual episode writers have no freedom to deviate from the plot, so it's very different from writing a novel or fanfic.

LEAH

The Leah arc was supposed to further Caryl's emotional arc, but a lot of plotlines were dropped or shortchanged in S11 because of things going on BTS. S9-10 were very deliberate and intricately plotted with a myriad of little beats throughout the seasons which were supposed to lead to a bigger picture reveal in S11, like how Daryl's facial scar factored into Caryl's relationship. If the showrunner is a good plotter, the groundwork for seasons to come is laid early, giving the audience plenty of puzzle pieces.

Unfortunately, Leah's arc was both stunted and misappropriated into a Maggie revenge plot which had zero payoff because viewers had no emotional investment in her entourage of redshirts. We don't know exactly how the Leah arc would've played out if the original vision had been followed, but it's clear from the pieces we do have that it would've led to Caryl canon so no, you weren't wrong or stupid. Leah was intended to be a foil for Carol and a catalyst for Caryl. I'm unsure of how sound this particular plot twist was, considering how easily something like that can get ruined when dealing with recalcitrant execs, but Kang is a detail-oriented writer, so as a viewer, I was willing to make a leap of faith with her.

SHIPBAIT

As for Connie, my guesstimate based on productions I've worked on, is that the network wanted to tease the possibility of 'something' to draw a larger share and to drag out the will-they-won't-they for Caryl (which doesn't work in today's TV). Sometimes, showrunners get notes where they have to make the best out of a situation they disagree with and Connie was never intended to be anything other than shipbait. The showrunner did her best to incorporate the studio notes into a storyline which would service the emotional arc she was actually trying to tell: Caryl thinking they aren't good enough or deserving of each other.

A good writer doesn't want to manipulate the audience. It's dishonest storytelling and it's not how you sustain and grow your viewership. You have to give clues along the way that will reward observant fans, even though the narrator might be unreliable. It's about building momentum and anticipation. If you do, a lot of the marketing will be self-driving at that point because of fan engagement.

If the Leah storyline hadn't gotten diverted, the use of Connie as a plot device in Carol's emotional arc would have been made clear. We never got any resolution to her self-loathing or the conflict between her and Daryl, and that's why there are still so many question marks surrounding the connection these two characters had to Daryl.

AUDIENCE RECEPTION

AMC has always wanted to sell the show to absolutely everyone and as long as there's a large ensemble cast, that might work to some degree, but it's not a long-term plan for sustained viewership and when the show is skimmed down to a handful of characters with the focus on two leads, it's no longer viable. The core emotional drive has to be the relationship between those two characters, no matter the nature of said relationship or whatever the external plot might be.

TBOC did everything to diminish and downplay Caryl's ties to each other and that was the biggest failing of the show. The hokey cult with its underdeveloped messianic plot and the fudged pseudoscience of the super walkers would've been forgiven and forgotten if Zabel had nailed the central message the season started out with, 'to find home is to find each other.' You don't need to be an amazing writer to write a show that people will enjoy, but you do have to respect your audience for them to stick with you in the long run.

[cozylittleartblog]

hey, so I'm trying to figure out what places would be good to sell my own art at, and I'm wondering- what has been your experience with selling on etsy? I've heard mixed reviews from people, and I want to know your perspective as an etsy seller.

etsy is not perfect but i think it gets a little more shit than it deserves, i've thought about opening my own website but generally i'm actually pretty okay with the services i get on etsy compared to what it costs so i'm just gonna make a subjective pros/cons list for you under the cut (because its loooong)

oh and if anyone else has experience selling on etsy and would like to add their two cents in the replies/reblogs please do!

Pros

⭐ The search function - this is etsy's biggest selling point. it already has a dedicated userbase of millions of people and a search feature to help them find your shop, which takes a lot of the load of marketing off your shoulders, and marketing is a huge factor for pushing sales. i am not good at marketing and a lot of my sales just come from people searching my stuff up lol

⭐ Purchase protection program - if USPS loses or damages your package, you file a missing package report and they confirm they don't know where it is, Etsy will refund your buyers order out of their own pocket (under $250). this is my favorite etsy feature because USPS likes to eat packages every now and again. delicious keychains. if you had your own storefront, you'd just have to replace the order yourself.

⭐ Share & Save program - every time someone makes an order on your shop through a special Share & Save link, etsy will refund you 4% of the fees. it's a nice perk to doing some of your own marketing and it helps combat the moderately high etsy fees!

Trackable letter mail - selling stickers but think it's insane to charge $4 shipping? you can buy letter mail labels for about the rate of regular postage, which is like .65c. this tracking is done through etsy though so you can't track with usps, but it does give customers a little peace of mind. this only works in the 50 US states though.

Customs forms built into your shipping label - shipping internationally is a nightmare. etsy makes it easy though, generating everything you need to ship internationally on one label that you just have to sign and date and slap on your package like normal. for some countries they will actually just have your package sent to a domestic facility where they literally do all that for you. this is miles easier than having to do all that paperwork yourself.

buy shipping labels directly from etsy - related point, and just what it says on the tin. when you fulfill an order, you can buy your labels right there on Etsy so you don't have to mess around with a third party website. it comes out of your sale funds so you don't need to charge a card or a bank account or anything.

star seller program - some people say this is completely useless but i actually disagree! it's incredibly easy to earn this badge, and it lets buyers know you've got some of the best products, shipping, and customer service around. it helps you stand out from some of the more... questionable shops on the website.

sales tax - they remit sales tax for you. i don't think any of the other online platforms similar to etsy do this but i could be wrong. doing any kind of taxes sucks so i consider it a perk if they do it for you.

website promotions - every now and again etsy likes to host sales out of their own pocket. you get all the perks of having a sale without eating into ur profit margin. HUGE sale booster

generally the site is just very easy to learn and use and it's very beginner and dumbass friendly. i say this as a former beginner and current dumbass 👍

Cons

❌ the fees. oogh the fees. they claim it's just a 6.5% fee per sale, but on top of that you have to pay .20c automatically for every individual item you sell, plus there are processing fees (3% + .25c) that apply both to the item you sold AND the cost of shipping. i think it comes out to like 10% total in fees on average @ > @

❌ but wait, there's more fees! if you make more than $10k in sales a year (very easy number to hit actually) you are forced to participate in offsite ads, which i believe takes 15% of your total sale on top of the fees in the previous point. these kinds of sales are not as common as you'd think, but it's still annoying having a couple bucks shaved off your profits a few times a month because of them.

corporate bullshit - etsy is like renting a space in a mall. you don't own your lot, nor the mall itself, so if upper management decides to make any stupid ass decisions, you just have to deal with it or pick up and move. if they decide to raise fees again, you just gotta Deal. you are a little bit helpless on this website unfortunately

the push for discounts - etsy is constantly shoving it in your face that they want you to do discounts. they want you to have free shipping on orders over $35, they want you to do 25% off or more on sales, they want you to have returning customer discounts and abandoned cart discounts and 'you recently favorited this item' discounts - but you already have to compete with the steep fees, and when a customer gets free shipping, you still owe USPS that $4-ish bucks to send the package. you don't have to do any of this, but they do reward participating shops by favoring them in the algorithm and search results, so you can feel like you're missing out.

there aren't as many cons imo but they Are steeper cons. generally etsy is very beginner friendly and easy to get into and set up, and in spite of everything i do actually recommend everyone looking to get into online retail start on etsy and perhaps move to other platforms in the future. plus, you can combat all the fees by just... making your prices a dollar or two higher than you initially wanted to, and using your 'save and share' link as frequently as possible. the fees are a little bit much, but you have to think about what you get in exchange:

the search is invaluable, you could argue the fees are partially a marketing budget lmao. if you have a private website you alone have to push traffic to your website, and not as many people know about things like shopify and bigcartel so they might not be as trusting putting their card details into it. i miss out on a lot of REALLY COOL STUFF because artists only advertise on instagram and i don't hear about them, meanwhile if i want some cool owl house stuff i can literally just search that in etsy and find a lot of TOH stuff super easily. i cannot highlight enough how GOOD the search function is, especially in this day and age where social media like instagram and twitter will blacklist your posts if you say words like 'shop' or 'sale' and now nobody can find your stuff in that website's search either. its very hard to do your own marketing now a days :(

being able to refund customer's lost orders out of the company's pocket is such a nice thing to fall back on if you have to and worth its weight in fees. USPS lost like... four or five packages of mine in december. that's like $100 or more worth of stuff that Etsy Covered Completely, and a lot of the times the customer will take that refund to make their order again. don't abuse this system, make sure you check with usps that the package is actually Gone, but it's a godsend when you don't make billions of dollars and eating the cost of lost orders would otherwise sting a bit.

if etsy did not make international shipping easy i simply would not ship anywhere but the US to be honest. shipping to europe is still a headache though but that's because europe is stupid

that's everything i can think of, but tl;dr yes please open an etsy 👍 i recommend it completely in spite of everything

⭐ if anyone wants to open their own etsy shop, use my referral link to make your first 40 listings for free! :)c ⭐

[multi-fandom-lunatic]

Thank you for answering my ask! I also want to add that some protagonists in YA are now made to be characters who are 20, rather than teenagers - which confuses me, because YA really should be aimed at teenagers. Books can be for all ages, but I find it odd that so many adults hold onto/are obsessed with YA/teen media to the point authors are now pushing teenagers out of a space that's literally meant to be for them. As you said, it's a form of escapism sure, but it's strange to force YA to become more gritty and explicit when you can just write adult lit and use that age group as a way to explore things instead.

I think a nostalgia factor plays into it, plus an immaturity factor. Adults cling onto their teenage self because they feel that mentally, they cannot move on. This means that YA becomes darker to acomodate the adults who read the books (authors do this for profit and to become viral).

Also, about the why YA?, it's because the whole YA genre, I think, is the most flexible genre. YA is 13-18 YOs, and there's a world of difference between what kind of books people read between those ages. I personally think that YA authors are trying to write fiction for the late teens (17-18 YOs) and make their work darker, so much that it bleeds into the explicit-ness of Adult Lit, but they keep the tropes similar to typical YA, so they can still market it as YA. And, since YA as a whole genre is teens, even early teens are shown (through Booktok and similar) what the latest popular read is, and this, as a whole, compromises the integrity and teen-ness of te YA genre. In short: YA is the most marketable, and Adult Lit is collateral damage. I suspect middle-grade is next. I certainly hope not, though. I'd cry if Booktok ruined my favourite genre.

Have you noticed that similar things are happening with TV shows and other media? Odd how dark and gory stuff are being shown to teens (and younger) more now than ever. Think about Stranger Things and similar. Casual horror is becoming far more prevalent. YA becoming darker isn't just a phenomenon in Booktok, it's across other media.

But Booktok is kind of perfect to make darker, and this makes it the clearest example. Now, more than ever, books are hugely bought instead of borrowed at a library. Social media feeds into consumerism, so now, authors are writing these hugely dark YA books to keep up with what's trending.

In doing some minor research, I've found that people who defend Booktok in its current state argue to "let people read what they want". I'd like to say to this that that's what anti-Booktokers have been saying the whole time. Compromising the core and integrity of the YA genre is policing people's reading more than anti-Booktokers. Ugh. Things don't exist in a vacuum, and while we can pretend that Booktok only exists for sharing books and thoughts, the reality is that it's become a target to boost consumerism and is more of an industry (buying-selling-supply-demand kind of stuff) than we'd like to admit.

I guess the best way to go about this problem is to make noise about books you like - and not via Booktok. Check out your local library and request a book if they offer those services. Support authors who's books have to brave the upcoming year without being trope-y bullshit.

Thanks for the ask, again! They completely make my day, and I love answering them.

NOTE: I've finished writing all this and just found out that YA is actually 12-18. But my point still stands.

[victimeyez]

Drabble: Tommy being accidentally hurt by one of the guys (like fingers between the door). They feel sorry for tommy’s pain and panic because he doesnt know what he did wrong.

This is not a bad idea at all, BUT - I think you are giving too much credit to the guys, lol. I should really include more of them bc I know I haven't explained hardly anything but, here's some lore dump I might someday figure out a way to wiggle in.

"Michelle" (Micheal, pronounced the french way, he is french-canadian) founded the business. Like many other kids on the internet, he stumbled across some rough sites with beheading videos and other shock factor stuff. Micheal was fascinated and started seeking them out, learning how to get into the deep web and exploring black market and black media sites.

Got a job at a Best Buy in Quebec, moved to IT, held off on the deep web shit for a while after a security scare. But he knew the kind of money people were making on the black market for way less work than he was doing, as long as they were willing to accept the risks. He got burnt out on working in a handful of years. Saw what other people were doing and came up with the first iteration of the business.

He and Rory met at an unrelated conference, but ended up partying and realized they kinda matched each other's freak. Micheal hated customer service and being the face, but Rory was great at it and had his own sadistic appetites. Michael shared the business idea but was still unsure about a lot of the factors, and luckily Rory knew exactly who they needed.

Rory and Caius worked at the same insurance agency, and had kinda picked up on each other's vibes after a little while working together. Both are unstable, but when one was out of control the other was good at talking them down, and vice versa. Rory had also bent an ear to Caius's relationship woes - (insert Homer Simpson crying "why does everything I whip leave me?!?!) lol. So they formed their little dream team.

Rory and Micheal seem a lot more hands off bc I don't spend hardly any time on their work, but they are no saints. Editing videos of Tommy to send to an encrypted paid subscription, creating ads, following viral darkweb trends, manually finding and targeting users with violent interests and deep wallets, you name it. Micheal stays up on security as well, but this work was his idea in the first place, he's pretty happy.

I spend less time on them because...

I have no idea how the dark web or online black market works and I am terrible with technology

I don't have the characters fleshed out as much, but that's doable to fix

I worry it is less interesting than the more direct whump between Caius and Tommy, as well as clients. But I'd like to work them in more, plan some chapters where they shoot "ads" with Tommy to take advantage of trends, and expand the universe a little bit with the other "entrepreneurs" they meet and how they link up with clients. I want to expand into them also taking video requests for stuff Caius can do to Tommy.

So, I don't have a good drabble for it, but I hope a lore dump will suffice for now. Thank you so much for writing in!

[market-insider]

Factoring Services Market Propelled By Demand For Alternative Source Of Finance

The global factoring services market size is expected to reach USD 7,005.90 billion by 2030 and is set to expand at 9.2% CAGR from 2023 to 2030, according to a new report by Grand View Research, Inc. The remarkable growth can be attributed to the rise in open account trading and cross-border business, and the expansion of the manufacturing industry in Asian countries such as China and India is expected to boost the growth of this market.

The need of startups and Small & Medium Enterprises (SMEs) for an alternative source of finance propels the demand in this market. Additionally, the implementation of technological advancements such as blockchain and distributed ledger will improve the overall supply chain process by reducing operational costs and enhancing security across the system.

Gain deeper insights on the market and receive your free copy with TOC now @: Factoring Services Market Report

A rise in demand for factoring services can be seen due to its ability to offer immense flexibility via customization depending upon the client’s requirement. This is in contrast to conventional financial products such as bank loans. The factoring services are based on the current value of the sales ledger and not on historic management information. Factoring does not increase liability, as it is a transaction of sale and not a loan.

A few factors, including archaic regulations, foreign currency restrictions, continued usage of stamp duty tax, and traditional laws restricting the right of assignment, might slow down the growth for a short period. However, several service providers are in the process to deploy the latest technologies to overcome such problems. The factoring services providers such as Eurobank, Société Générale S.A., REV Capital, and Tradewind Finance are adopting various business strategies to improve their services portfolio to attract potential business clients.

For instance, in April 2022, Eurobank Factors, a subsidiary of Eurobank, unveiled new improvements to its factoring and launched new digital reverse factoring services. The bank’s new digital reverse factoring services are aimed at assisting clients to improve their cash flow ratios and to provide loyalty schemes on lenient terms. The new services would aid the bank in expanding its customer base for factoring services in the EMEA region.

[mostlysignssomeportents]

Pinkdrunk Linkdump

Today (November 18) at 1PM, I'll be in Concord, NH at Gibson's Books, presenting my new novel The Lost Cause, a preapocalyptic tale of hope in the climate emergency.

On Monday (November 20), I'm at the Simsbury, CT Public Library at 7PM

Happy Saturday! As is so often the case, I have finished the week with more stray links that I can fit into my blog, so it's time for a linkdump post, in which an assorted assortment is assembled. This is my tenth such linkdump – here are the previous installments:

https://pluralistic.net/2023/11/05/variegated/#nein

While nostalgia is a toxic impulse (h/t John Hodgman), there's no denying that there once existed an old, good web, and that it has given way to the enshitternet. I don't want to bring the old, good web back, but I would welcome a new, good web, and by studying the factors that contributed to the old, good web's rise and fall, we can both conjure up that new, good web – and protect it.

Above all, the old, good web was contingent, a series of lucky accidents, like Tim Berners Lee's decision to make the code and ideas and protocols for the original web as open and free as possible:

https://pluralistic.net/2023/11/13/this-is-for-everyone/#revisiting

This meant that there was no way to use the law to capture the web. Contrast that with, say, AOL or Compuserve. If you were the Compuserve's CEO and one of your rivals started using your servers to deliver a service that your users preferred, which shifted value from you to this new rival, you could just pull the plug on them. If they came back – using reverse-engineering or fake signups or whatever – you could sue them. Compuserve's bosses made the rules, any rules they wanted, and could kick you off if you violated them. If you pressed the issue, they could get the government to come and fine you, or, in extreme situations, arrest you.

But the open web didn't have these enforcement hooks. If you ran an early website and Yahoo deeplinked to it, you could change the link, but you couldn't make Yahoo stop. The open web was competitive, and that prevented anyone from exercising a veto over who could make the web, and how. It meant that the web was always up for grabs, with key chokepoints like browser market share swinging around wildly from one vendor to another (until Microsoft started illegally tying blocking rival browsers in Windows).

That meant that the "governance" of the web was often just a matter of the technical details of its standards. Code may not be law, but it was sure law-like – if something was in, say, a W3C browser standard, then all the browsers would support it, and then anyone trying to do something cool on the internet could rely on every potential user having it.

Naturally, this made standards development organizations into the sites of vicious power-struggles. These SDOs are classic "weak institutions," lacking the robust rules of, say, a competition regulator, to say nothing of the investigative and enforcement powers of the DoJ:

https://pluralistic.net/2023/04/30/weak-institutions/

But in the old, good web days, the SDOs had an important advantage: the corporate fragmentation of the web. Because of TBL's decision not to create IP chokepoints, even the wildly overcapitalized companies of the go-go dotcom bubble days weren't able to control the web. No one company was indispensable to the web.

If Microsoft wanted to tilt a W3C standard to its advantage, it couldn't threaten to leave the consortium if it didn't get its way. For one thing, the consortium had such a diversity of membership that losing any one member's dues wouldn't sink the org's finances.

For another, if Microsoft boycotted the W3C, that would just mean that the web standards that all those other companies were making wouldn't reflect its priorities or desires. By staying in the W3C, Microsoft got to participate in rulemaking – if it left, it would be relegated to rule-taking.

But the DoJ and FTC spent the ensuing decades in something like a coma. After a failed bid to break up Microsoft – killed when GW Bush stole the 2000 election and dropped the case – America's antitrust enforcers snoozed through decades of consolidation, and the transformation of the old, good web into "five giant websites, filled with screenshots of text from the other four":

https://twitter.com/tveastman/status/1069674780826071040

This turned SDOs into increasingly fraught battlegrounds where giants duked it out among each other for control of the web. In the days of the old, good web, the W3C was able to continue TBL's chokepoint-free ethos, creating rules that forced members to surrender their patents at the door:

https://www.w3.org/Consortium/Patent-Policy-20040205/

But once the enthitternet was fully in force, the largest corporate members became so important to SDOs' ability to operate that even the W3C wasn't able to resist. They started turning out IP-encumbered standards that were so proprietary that even filing bug-reports against browsers could mean jailtime:

https://www.eff.org/deeplinks/2017/09/open-letter-w3c-director-ceo-team-and-membership

Within a couple years, it became functionally impossible to implement a web-browser without a license from one of a tiny handful of gigantic, monopolistic corporations, who could use the license to exercise a veto over both who could make a browser, and what that browser could do:

https://blog.samuelmaddock.com/posts/the-end-of-indie-web-browsers/

Standards development is one of those esoteric, hugely important activities that almost no one knows anything about. Good standards are key to an open, free internet, and as governments around the world grapple with Big Tech monopolies, their plans often include a block that basically reads "insert good standard here."

As exciting as the EU's Digital Markets Act and US proposals like the ACCESS Act are, the "insert good standard here" stuff is wildly underspecified and undertheorized. Making a good standard – one that is robust, flexible and secure – is hard enough even under competitive competitions where the SDO can play independent referee, more powerful than the participants. But making good standards under monopolistic conditions is really hard.

And yet, it happens! Look at the Fediverse, powered by Mastodon and its adaptation of a W3C standard called ActivityPub. The Fediverse has done more for an interoperable, decentralized web than all the other projects of the past decade combined:

https://fediverse.party/

How did something so useful and capture-resistant emerge from the enshitternet, from the same standards-body that gave us a proprietary "standard" that allowed three giant companies to seize the right to authorize the production of web browsers themselves?

Therein lies quite a tale. In a talk for this year's Association of Internet Researchers conference, Robert Gehl talks about the weird, highly contingent factors that delivered a fit-for-purpose Fediverse standard:

https://fossacademic.tech/2023/10/15/APnonStandard.html

Gehl starts by describing ActivityPub as a "non-standard standard." The technologists who created it at the W3C were largely unpreturbed by the Big Tech members, who viewed ActivityPub as unimportant, a folly. While this meant that the ActivityPub creators were free from Big Tech attempts to corrupt the standard, they were also insulated from the discipline of Big Tech standards people, who are expert at propelling a standard to completion while resolving conflicts to create a single, unified spec.

By contrast, ActivityPub's creators made seven different specs, resolving factional disputes by letting everyone get their way. Critical parts of these standards – including support for federation! – was marked as optional in group's charter.

Then along came Mastodon, implementing the draft spec for ActivityPub. This triggered two extensions to the deadline for ActivityPub's completion. ActivityPub moved to final draft against the backdrop of the real-world experiences of early Mastodon users. Four of the five ActivityPub authors self-identified as queer, and they set out to make Mastodon more harassment-resistant than corporate social media:

https://fossandcrafts.org/episodes/053-fediverse-reflections-while-the-bird-burns.html

The early success of Mastodon shifted the focus of ActivityPub authors and implementers. In Gehl's words, "half of ActivityPub" is now ignored. Gehl's essay shows how many needles Mastodon threaded to get to where it is today, and while there's an argument that there was a Fediverse-shaped hole in the internet that something was going to fill, the Mastodon-inflected flavor of ActivityPub we got is pretty great.

Gehl is working on a book about this for Oxford University Press, "Move Slowly and Build Bridges":

https://fossacademic.tech/2023/08/17/OxfordUP.html

One of the more contingent elements of the nascent new, good web is Signal, the secure, robust, easy-to-use encrypted messaging tool that has stepped in to fill the gap that encrypted email tools like PGP struggled to fill for years (though that doesn't mean that secure email is impossible!):

https://pluralistic.net/2022/05/01/end-to-end-encryption-is-too-important-to-be-proprietary/

Like Mastodon, Signal threaded a bunch of different needles to get to its current status, and it's still threading needles. In a new article, Signal's amazing new president, Meredith Whittaker and Joshua Lund explain what it costs to keep Signal running:

https://signal.org/blog/signal-is-expensive/

Bottom line: Signal costs $50m/year. The breakdown is fascinating and weird. Signal pays a fortune to send SMS messages to verify your number when you sign up. Here's an irony: as Signal displaces SMS, telcos are making up for lost revenue by charging Signal ever-higher rates to send those signup codes – Signal's spending $6m/year on SMSes!

Storage costs Signal another $1.3m/year. Servers are $2.9m/year. Bandwidth is $2.8m/year. Signal's storage and compute costs are low because they're privacy-first, so they're collecting, processing and storing as little data as possible. Add a couple more zeros per user to approximate the costs for high-surveillance alternatives to Signal.

Because Signal is end-to-end encrypted, they can use untrusted (and cheap) third parties for bandwidth, relaying and storage. Your phone encrypts the data before it leaves your device, and no one can decrypt it except the person you're talking to. That lets Signal shop around for server infra, saving much more. Even so, voice and video calls consume a lot of bandwidth, and it gets more expensive because they jump the connection through multiple servers to prevent the people you're talking to from capturing your IP address.

Signal's got 50 full-time employees – a "shockingly small" team by industry standards. But still: 50 developers, managers, designers, accountants, etc all add up to $19m/year (the org pays "as close to industry wages as possible within the boundaries of a nonprofit").

As Signal scales up, it is discovering new and exciting bugs and problems. A one-in-a-billion bug that may never crop up in a small service can suddenly start occurring on a daily basis once you hit scale. That means Signal will continue to hire engineers to crush these weird little bugs, and they're going to be the kinds of specialists who can preserve privacy while fixing servers.

Signal is amazing. It's been six years since they figured out how to transmit userids, numbers and photos as fully encrypted blobs. Not one of their competitors – not even the "secure" ones from giant Big Tech companies – have managed this. Even Signal's system for embedding animated GIFs is privacy-preserving – the system doesn't reveal your search terms to the GIF repositories.

Today, Signal is tooling up to create "post-quantum resistance" to the system, anticipating the arrival of functional quantum computers that will (theoretically) make short work of existing encryption techniques.

The article ends – logically enough – with a plea for donations. I'm a Signal donor already:

https://signal.org/donate/

The Signal and ActivityPub stories reveal the important interplay between principled individuals and sustainable institutions. Benevolent dictators – whether that's Tim Berners Lee, or Mastodon's Eugen Rochko – work well, but fail badly. No matter how benevolent a dictator is, they are not infallible or omniscient. A critical juncture in any good project is its transition from a dictatorship to a democracy – an individual to an institution.

Take the Archive of Contemporary Music, the largest archive of popular music in the world. It was founded in 1985 by Bob George, who had amassed a collection of 47,000 LPs in a loft he'd lived in since 1974:

https://www.theguardian.com/music/2023/nov/16/archive-of-contemporary-music-new-york

George and his co-founder, David Wheeler, have since grown the collection to 3m pieces of media with 90m songs. They were the first people to start seriously collecting and preserving music that others viewed as ephemeral and disposable. The collection wandered from place to place before settling in a Hudson Valley facility that it is about to outgrow.

In part that's because they're still one of the only places where others' collections can be reliably consigned. When Keith Richards wanted to turn his blues collection over to a facility for long-term preservation, he chose ARC. Now, ARC is working with the Internet Archive to digitize and make available its vast holdings.

But that's a fraught and contingent business, too. The Internet Archive has been targeted with one of those bowel-loosening record-industry lawsuits last seen during the Napster Wars, with Sony, Universal and others seeking damages that would permanently shutter the Archive and bankrupt its founder, the wonderful Brewster Kahle:

https://blog.archive.org/2023/08/14/internet-archive-responds-to-recording-industry-lawsuit-targeting-obsolete-media/

The suit argues that when a library makes 78RPM recordings available for its patrons to check out over the internet, they cannot avail themselves of the copyright exemptions that have been a feature since copyright's inception. Remember, libraries are an order of magnitude older than copyright! The core of this suit is that libraries cannot move into the digital world.

Rather than doing what libraries have done since (literal) time immemorial – collecting works, preserving them and making them available – digital libraries can only license time- and circulation-limited copies of works that can't be preserved. It's a grim vision of a future without libraries:

https://pluralistic.net/2022/11/13/they-want-to-kill-libraries/

Giant corporations are an existential threat to human thriving. After 40 years of neoliberalism, there's a growing recognition that the market's invisible hand would like to swat you like a bug. Hence the rise and rise of the labor movement. Though "union density" (the proportion of unionized workers) is still at an historically low ebb, union support among the public is higher than at any time since the New Deal.

That's why UAW president Shawn Fain is planning a general strike in 2028, calling on other unions "to align your contract expirations with our own" so that all the contracts come up for renegotiation at the same time:

https://inthesetimes.com/article/uaw-auto-workers-general-strike-contract-labor-unions

This is a very clever way to overcome America's ban on sympathy strikes, which was introduced in 1947 with the Taft-Hartley Act. Sympathy strikes – where all unionized workers refuse to provide any service to employers who won't bargain fairly with their own workforce – are a hugely powerful tool for labor movements. Look at Sweden, where Tesla has refused to bargain with the technicians who fix its cars.

In response, the entire Swedish workforce has united against Tesla. Dockworkers won't unload its cars at the port. Electricians won't fix its chargers. Cleaners won't clean Tesla showrooms:

https://www.wired.com/story/sweden-tesla-strike-cleaners/

This is how it's done. Musk has made his fortune by crushing worker power in every one of his businesses, joining the ranks of Apple and Amazon as one of the world's leading maimers and killers of his workforce:

https://www.usnews.com/news/top-news/articles/2023-11-18/us-lawmakers-urge-scrutiny-of-spacex-worker-injuries-after-reuters-report

While Musk's latest turn toward open antisemitism is grim, especially in light of his ownership of Twitter, it's perfectly in character for a man whose businesses have always been charnel houses of "crushed limbs, amputations, head injuries and death."

But Musk can't fire or even intimidate the dockworkers who won't unload his cars. Sympathy strikes enlist workers who are beyond the reach of intransigent employers in aid of workers who are subject to retaliation for striking. That's why Taft-Hartley abolished sympathy strikes.

But if all the major unions are negotiating their contracts in 2028 – as Fain has called for – they can all strike without falling afoul of Taft-Hartley. That's some shrewd tactics.

Even if you believe in markets as a force for increasing human thriving, it takes an act of will to miss how corporations who can exploit their customers or workers will. When it comes to exploitable customers, prisoners are the ultimate captive audience. Most of us are familiar with the horrors of private prisons – especially after the acute phase of the covid pandemic, when corporate prison managers simply left America's prisoners to die.

But prison privatization is fractal. You can privatize a prison facility, but you can also privatize the commissary, the library, the mail, even phone calls and visitations. Some of the slimiest prison profiteers are the ones providing telecoms facilities to prisons. These companies lobby to ban in-person visits and mail and then provide "free" phone service to state facilities – service that can cost prisoners and their families $10/minute.

One of the worst of these companies is ViaPath (formerly Global Tel*Link). Not only did they charge prisoners sky-high rates for contact with their families, they ran a wildly insecure service that breached the data of 600,000 users:

https://arstechnica.com/tech-policy/2023/11/prison-phone-company-leaked-600k-users-data-and-didnt-notify-them-ftc-says/

These prisoners and families had "sensitive personal information" exposed online in unencrypted form, and were not informed of the breach, according to an FTC complaint:

https://www.ftc.gov/system/files/ftc_gov/pdf/Complaint-GlobalTelLinkCorp.pdf

The company went on to defraud state and local prison systems whose contracts they were bidding on, by claiming to have never have suffered a breach.

The sleaze of the prison-tech system is the worst imaginable – which is about what you'd expect. After all, prison-tech is at the very foot of the shitty technology adoption curve:

https://pluralistic.net/2021/02/24/gwb-rumsfeld-monsters/#bossware

The prisoners who are abused by companies like Viapath are test subjects for technology that will work its way up the privilege gradient, moving on to mental patients, asylum seekers, kids, blue collar workers, white collar workers – then, everyone.

This makes prison-tech a great oracle for understanding what's coming for the rest of us in a decade or two. That's why I made prison-tech the McGuffin of The Bezzle, the sequel to my 2023 novel Red Team Blues, which comes out next February:

https://us.macmillan.com/books/9781250865878/thebezzle

High-tech forensic accountant Marty Hench is back in The Bezzle for a story of early-2000s internet consolidation, LA Sheriffs Department gangs, prison privatization, collateralized debt obligations, and the absolute depraved sleaze of prison-tech privateers. If you still have a Twitter account, you can enter this sweepstakes to get an early copy:

https://twitter.com/torbooks/status/1725544405879447745

(There will be other ways to get an early peek for non-Twitter users, rest assured!)

Attentive readers will note that The Bezzle will be my fourth book in 14 months. I'm presently touring my third book of 2023, The Lost Cause, a climate emergency book that Rebecca Solnit described as "a future woven from our successes (Green New Deal!), failures (climate chaos anyway), and unresolved conflicts (old MAGA dudes). I loved it":

https://us.macmillan.com/books/9781250865939/the-lost-cause

Book tours are exhausting and exhilarating. They have the weirdest social dynamic, where you're bouncing to a new city every day or two, having high-speed social contact with hundreds of people at a go, then hunkering down alone in a hotel room to do press calls and answer publicity emails. I've been doing this since 2006 or so, and one mystery I've pondered all that time is the weirdness of stinky hotel soap:

https://www.flickr.com/photos/doctorow/53339503041/

Go to any Marriott, any Hilton, a Comfort Inn or a Holiday Inn, and you will find yourself in the Kingdom of Beige. The wallpaper, art, carpets and bedspreads are all calculated to be as generic and invisible as possible. But the soap and shampoo stocked by these redoubts of nothingness are wildly perfumed. I'm not a big fan of floral perfume anyway, but the hand-soap in your typical hotel bathroom makes Axe Body Spray seem innocuous. No taxi air-freshener, no urinal puck, not even the most lethal of 1960s-era douches ever aspired to the eye-watering, clinging, scent of hotel soaps, shampoos, conditioners and hand-cream.

It's like hygiene perfume is the mid-priced hotelier's equivalent of 1980s Wall Street traders' suspenders: while everything else must be absolutely uniform and staid, this is the one realm where you can really let your freak flag fly. I'm always up for a unfettered freak-flag, but holy shit does this stuff stink.

I'll get a chance to ponder this anew on the tour for The Bezzle next February, and again for Picks and Shovels, the February 2025 Martin Hench novel that's already pending.

I need to get ready for my bookstore event, but before I sign off, one more bit of science fiction publishing news. An indie filmmaker in Paris is working with the brilliant John Varley on an adaptation of his sf classic Titan, and they're trying to raise $65k on Kickstarter to pay for it. I kicked in – a world with more Varley in it is a better world:

https://www.kickstarter.com/projects/superstory/themis-the-next-frontier

If you'd like an essay-formatted version of this post to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

https://pluralistic.net/2023/11/18/collectanea/#bricabrac

Image: Famartin https://commons.wikimedia.org/wiki/File:2021-01-06_12_15_43_Cranberry_trail_mix_with_cranberries,_peanuts,_raisins,_walnuts,_almonds,_sunflower_seeds,_pepitas_in_the_Franklin_Farm_section_of_Oak_Hill,_Fairfax_County,_Virginia.jpg

CC BY-SA 4.0 https://creativecommons.org/licenses/by-sa/4.0/deed.en

[slayingfiction]

Traditional Publishing

In the evolving landscape of publishing, traditional publishing has held a significant place, fostering literary culture for centuries. However, with the rise of digital media and self-publishing platforms, authors and readers are often caught in a debate over the relevance and benefits of traditional publishing methods. Let’s explore traditional publishing and its place in the literary world. 

Pros of Traditional Publishing

Professional Editing and Design: One of the most significant advantages of traditional publishing is the professional support, including editing, proofreading, cover design, and formatting, ensuring that the final product is of high quality. These services are crucial for authors who may not have the skills or resources to polish their work to a professional standard.

Marketing and Distribution: Traditional publishers have established networks and resources for marketing and distributing books. They can place books in prominent storefronts, organize book tours, and secure media coverage, which can be challenging for self-published authors to achieve on their own.

Credibility and Prestige: Being published by a recognized publishing house adds a layer of credibility to an author’s work. It can enhance an author’s reputation, as traditional publishers are selective and publish only those manuscripts they believe will succeed in the competitive market. This may be beneficial to those looking to get into literary writing, and the recognition that comes with associated awards.

Advance Payments: Traditional publishers sometimes offer advances to authors, especially to provide financial support during the writing process for future books. This upfront payment can be crucial for authors who need to dedicate significant time to their writing, which can be very necessary since many writer’s don’t make a full-time income from their writing. 

Editorial Support: You will work directly with experienced editors and receive feedback and guidance to improve the quality of your manuscript and make it more enticing to prospective readers.

Long-term Relationships: Traditional publishing can foster long-term relationships between authors and their publishers, leading to future book deals and collaborative opportunities. Publishing Houses also have established connections with stores, libraries, academic institutions, and more. These relationships are beneficial to the writer, no matter their genre of writing.

Rights Management: Publishers manage subsidiary rights, such as translations, film adaptations, and audio books, potentially opening additional revenue streams.

Focus on Writing: With the publisher handling many aspects of the publication process, authors can focus more on writing and less on the business side of publishing.

Cons of Traditional Publishing

Long Publication Process: The traditional publishing route can be lengthy. From submission to publication, the process can take anywhere from a year to several years, depending on various factors like the publisher’s schedule and market trends.

Loss of Creative Control: Authors may have to concede some creative control when working with a traditional publisher. Publishers can request changes in content, title, and even narrative style to fit market expectations or the publisher’s brand.

Tough Entry: Getting a contract with a traditional publisher is notoriously difficult. The process often requires finding an agent first, and then one must endure the rigorous selection process of publishers, which can be disheartening and discouraging.

Lower Royalties: Traditional publishing pays royalties, but these are typically lower than what one might earn through self-publishing. After the publisher, distributors, and retailers take their shares, authors might find their earnings to be low. Royalties are often made semi-annually or quarterly, leading to slower financial returns for the author.

Limited Marketing Support: Not all traditionally published books receive significant marketing support, especially from smaller or mid-sized publishers, leaving some authors to handle much of the promotion themselves.

Loss of Rights: Authors often have to sign over significant rights to their work, including international, audio, and film rights, limiting their control over these aspects.

Initial Gatekeeping: Authors must often secure a literary agent to approach traditional publishers, adding another layer of gatekeeping and potential delay.

Limited Print Runs: Publishers may limit the print run of a book, which can affect its availability and reach if initial sales are not strong.

Focus on Proven Authors: Publishers may prioritize established authors or celebrities, making it harder for new or lesser-known writers to get attention and resources.

Conclusion

Traditional publishing has its set of challenges and benefits. It offers a level of prestige, professional support, and market access that can be hard to achieve through self-publishing. However, it also involves a more considerable investment of time, a potential compromise on creative control, and can be challenging to break into.

Ultimately, the choice between traditional publishing and other forms of publishing such as self-publishing should be based on an author’s individual goals, resources, and priorities. Each path offers different opportunities and challenges, and what works best will depend on the specific needs and expectations of the author.

Happy Writing