YouTube Expands Picture-in-Picture Mode to More iOS Users 🎥

This is a daily newsletter that covers trending business, tech and finance stories. If you enjoyed the newsletter, please share it with a friend who’d find it useful.

Share Scott D. Clary’s Newsletter

Or… invite friends to the newsletter through our referral program for Amazon gift cards.

Get a Referral Link

– Scott

YouTube Expands Picture-in-Picture Mode to More iOS Users 🎥

(Image Source)

YouTube has finally started rolling out picture-in-picture (pip) mode support for all iOS users in the US, enabling iPhone and iPad owners to watch a video and continue to view the content in a small pop-up window while doing other things on their devices.

Picture-in-picture support was earlier available only to YouTube premium subscribers in the US; however, the feature is now rolled out to all U.S. YouTube users.

Non-premium users in the US will have access to the feature for non-music content, and it will not be available for music unless you have a premium subscription.

In other countries, users need to have a premium subscription to access the picture-in-picture feature.

To use picture-in-picture in the YouTube app, just select and play a video to watch. Then, exit the app by swiping up from the bottom of the screen or pressing the home button. The video will transfer to a mini player that can be moved around the display.

The picture-in-picture feature will be available to ‌iPhone‌ and ‌iPad‌ devices running iOS and iPadOS 15 and higher versions in the coming days.

Rivian Reportedly Plans to Lay Off Five Percent of Its Workforce 🚨

(Image Source)

Electric automaker Rivian is reportedly planning to lay off around 5% of its 14,000 employees (around 700 people) in the coming weeks.

After nearly doubling its workforce within the past year, the automaker seems to be pulling back production as a result of global supply-chain issues and growing recession fears.

The layoffs could be announced in the coming weeks; however, the layoffs are still in the planning stage, and no final decisions have been made.

The planned job cuts could be focused on nonmanufacturing roles and teams with similar functions.

It is unclear how it will affect the normal manufacturing facility where most employees are working in manufacturing.

The other types of workers based in the normal unit include supply chain & logistics, IT, and customer support.

With backing from big companies like Amazon and Ford, and almost $17 billion in cash, Rivian does not seem endangered, but adjustments might be necessary for the company to limit losses until it reaches high volume production.

GameStop Launches NFT Marketplace 🎊🎉

(Image Source)

American electronics retailer GameStop has announced the launch of its NFT marketplace enabling gamers, creators, collectors, and others to buy, sell and trade NFTs.

With this new NFT marketplace, GameStop intends to deliver low fees and high speeds.

The platform, which is now open to the public for beta testing, allows users to connect their own digital asset wallets, including the recently launched GameStop Wallet.

Users will also be able to buy, sell and trade NFTs of virtual goods on Gamestop’s NFT marketplace.

“The Company’s NFT marketplace is a non-custodial, Ethereum Layer 2-based marketplace that enables parties to truly own their digital assets, which are represented and secured on the blockchain,” the company said in a press release.

Additionally, the marketplace features functionality to enable users to view statistics for NFTs.

Educational content will also be offered on the platform, including everything from NFT basics to how to connect a wallet to the marketplace.

Over time, GameStop plans to expand the marketplace to offer other features such as Web3 gaming.

Salary Payment Platform Kadmos Nabs $29.5 Million in Series A Funding 💰

(Image Source)

Kadmos, a German-based salary payments platform for migrant workers, has raised $29.5 million in its Series A funding round led by Blossom Capital, along with participation from Addition and Atlantic Labs.

Founded in 2021 by Justus Schmueser and Sasha Makarovych, Kadmos powers an end-to-end salary payment platform that enables secure payments to international employees across the globe.

The startup was founded with a vision to tackle the restrictions placed on the financial freedom of cross-border employees.

Using modern financial technology, the platform allows migrant workers a streamlined salary experience, just as they would expect working in their home country.

The company wants to bring the latest financial technology to industries riddled with opaque mark-ups, kickbacks, and physical cash.

Kadmos plans to use the fresh capital to grow its team further and develop its technology and product, including the prospect of offering additional financial services to its users.

The funding will also be used to expand into other industries with similar salary payment complexities, such as construction, healthcare, and hospitality.

Around the Web 🌐

KPMG to Audit New Pound-Backed Stablecoin GBPT: The popular consulting firm of the Big Four accounting organizations, KPMG, will be conducting an audit of the new stablecoin pegged to the British pound GBPT. The project, which is being launched by fintech firm Blackfirdge will potentially open the door to broader adoption of digital assets in the United Kingdom.


If you like the content in this newsletter, there’s a pretty good chance you’ll like my podcast, “Success Story”, where I unpack the playbooks of entrepreneurs, executives and other high performing individuals.

Check Out The Podcast

Latest Episode 👇

If you enjoyed the newsletter, please share it with a friend who’d find it useful.


New podcasts & articles to your inbox.

No Spam. Promise.

Pin It on Pinterest

Skip to content