Business
How you could earn $10k a month for posting short YouTube clips
YouTube is set to pay creators up to $10,000 per month for making popular videos on its new Youtube Shorts platform
YouTube Shorts launched as a direct competitor of TikTok, with the company holding high hopes.
The company plans to pay $100 million throughout the next year, with the first payments going out this month.
The fund could mean a whole lot of cash for creators, but payouts aren’t guaranteed.
How it works:
In order to earn a buck on the platform, you’ll have to meet YouTube’s criteria.
The popularity needed to earn money will depend on just how many people are making and watching Shorts each month, and payouts will also depend on where each creator’s audience is located.
YouTube is also requiring these to be original videos. Reuploads and videos tagged with watermarks from other platforms — aka TikTok, Snapchat, or Reels — will disqualify a channel for payments. The payments are only available in 10 regions for now, including the US, UK, India, and Brazil, among others, and YouTube says it plans on expanding that list “in the future.”
The traditional way to earn money on YouTube still remains
Creators have traditionally gotten paid by YouTube based on the ads that run in front of their videos.
There continues to be a direct relationship between the number of ad views and the amount of money they receive. But with Shorts, YouTube doesn’t want to run an ad in front of every quick clip, so it’s building out this alternate form of payment to reward creators.
YouTube Shorts has already gained popularity across parts of the world.
But, what is the “Shorts fund”?
The Shorts Fund will eventually be replaced with a “long-term, scalable monetization program,” says Neal Mohan, YouTube’s chief product officer,
That particular fund is “a way to get going and to actually really start to figure out” how monetization should work for creators making these videos.
“You’re essentially consuming a feed of shorts, and so the model has to work differently,”
YouTube creator, James Charles.
Earning money on social media platforms has become the new trend
Payment schemes like this have become increasingly common. TikTok and Snapchat both pay out to creators based on the popularity of their videos, rather than based on ads.
EU plans to make USB-C connectors the standard port for all smartphones and tablets, angering Apple
The European Commission rules to force manufacturers to create a universal charging solution for phones and small electronic devices. The European Commission is aiming to have a common charging port for all mobile phones, tablets, cameras, headphones, and handheld videogame consoles.
The ruling has been in the making for a decade, with environmental concerns the main driving force behind the historic move.
Reducing waste
The rule will reduce waste by encouraging consumers to re-use existing chargers when buying a new device. Politicians have been pushing for this uni9versal charging rule for over a decade.
Disposed and unused charging cables generate approximately 11,000 tonnes of waste per year. Research shows the average person owns around three mobile phone chargers.
A decade ago there were about 30 different types of chargers, now, phones use either USB-C, lightning, and USB micro-B.
Rotten Apple
The move would see all smartphones in the EU sold with the same charger, a motion Apple is not happy about. The tech giant says this move would damage ongoing innovation.
The tech giant is the main manufacturer of smartphones using a custom charging port, as its iPhone series uses an Apple-made “Lightning” connector. Apple argues its Lightning connector is used by one billion active iPhone users.
“We remain concerned that strict regulation mandating just one type of connector stifles innovation rather than encouraging it, which in turn will harm consumers in Europe and around the world,”
Apple spokesperson
The proposed changes would apply to the charging port on the device body and will also standardise charging speeds. It may be a number of years before the proposals come into effect.
It will be thoroughly debated by the European Parliament and national Governments.
There are growing concerns for European residents as energy prices continue to skyrocket in the lead-up to winter
The wholesale prices of natural gas in Britain, France, Spain, Germany and Italy have reached record highs, with overall household bills now through the roof.
This all comes as the continent braces for a cold winter and fuel is needed for increased electricity generation.
Meanwhile, the Europen Consumer Organisation warns it has seen a huge price increase… saying “It’s worrying ahead of the winter when gas consumption will necessarily increase.”
This latest price hike is being caused by a number of factors… including a depletion of natural gas stockpiles during a cold spring and a growing demand for gas in China.
Russia is also supplying less gas to the market than it ever has before.
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