Sales & Marketing news

• One of the largest bitcoin exchanges in the world will not support bitcoin cash

  31-07-2017 23:24 via feedproxy.google.com
  Bitcoin will likely split into two separate currencies following a brutal civil war among crypto-powerbrokers. 
  Coinbase, one of the largest cryptocurrency exchanges, however, will not back bitcoin cash, a fork of the original bitcoin.
  The conclusion of the bitcoin civil war is fast approaching.
  And Coinbase, one of the largest cryptocurrency exchanges in the world, has made its position in the fight clear.
  To recap, bitcoin has been embroiled in a years-long civil war b
  
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• Pandora topped Q2 revenue targets and its stock just had a wild rebound (P)

  31-07-2017 22:13 via feedproxy.google.com
  Pandora released its Q2 earnings on Monday, topping Wall Street's revenue target and sending shares soaring 7% in after hours trading. 
  The stock move was a rebound from a sell off earlier in the day that sent Pandora shares down 5% in regular trading, after the company announced it would shut down its services in Australia and New Zealand, and operate exclusively in the United States. 
  Here's what it reported:
  Earnings per share (non-GAAP) — Pandora said it l
  
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• STOCKS FINISH MIXED: Here's what you need to know

  31-07-2017 22:05 via feedproxy.google.com
  Stocks finished mixed as earnings season pressed on amid gradually improving economic data.
  The S&P 500 was little changed, while the Dow gained 0.4% and the Nasdaq lost 0.4%. The Nasdaq, heavily weighted toward mega-cap tech stocks, proved once again that it's capable of having a mind of its own in going against the broader indices.
  Meanwhile, recently-IPOed social media startup Snap had a volatile first day of trading following the expiration of its first post-offering share lock-up.
  
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• US hits Venezuelan president with sanctions

  31-07-2017 21:52 via feedproxy.google.com
  The US Treasury Department's Office of Foreign Assets Control designated Venezuelan President Nicolas for sanctions on Monday, one day after a highly contested vote to elect an constitutional assembly.
  The assembly is slated to redraft the country's constitution, a move critics have charged is meant to solidify the government's power while disempowering Venezuelans.
  Maduro's assets subject to US jurisdiction are now frozen, and US citizens are prohibited from dealing with him.
  In the weeks befo
  
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• Bitcoin's 'civil war' probably won't impact Nvidia and AMD — no matter of who wins (NVDA, AMD)

  31-07-2017 21:39 via feedproxy.google.com
  The end of the Bitcoin war is fast approaching and the winners are not yet clear.
  Bitcoin has been embroiled in a dramatic civil war for the last several years. The bitcoin platform has not kept up with its user and transaction volume growth as its price has skyrocketed. This has led to what is being called a "civil war" between bitcoin developers and miners.
  There are several potential solutions for speeding up the platform. Until last week, the solution known as Segwit2x was heavily favo
  
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• Bitcoin will likely split into 2 — and it's all because of bitcoin cash

  31-07-2017 21:22 via feedproxy.google.com
  Bitcoin will likely split into two separate currencies on Tuesday, and it's all thanks to bitcoin cash.
  For years, bitcoin power brokers have been squabbling over the structure of the blockchain network that underpins the red-hot currency.
  On one side of this war, there are the so-called core developers who want to keep the blocks that make up the network limited in their size to protect against hacks. On the other side, are the miners who want to increase the size of blocks to make the net
  
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• Bitcoin's civil war could cause a 'fork' — here's what that means

  31-07-2017 20:50 via feedproxy.google.com
  Bitcoin users have found themselves in the middle of a civil war as developers and miners have disagreed over the future of the cryptocurrency.On one hand, the core developers want to keep the blocks that make up bitcoin's network limited in their size to protect it from hacks. On the other hand, some miners want to make the blocks bigger to improve the network's speed.
  That disagreement means a bitcoin "fork" could occur on Tuesday as the deadline for a decision is set for 8:20 a
  
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• 5 things everyone gets wrong about artificial intelligence and what it means for our future

  31-07-2017 20:12 via feedproxy.google.com
  There are a lot of myths out there about artificial intelligence (AI).
  In June, Alibaba founder Jack Ma said AI is not only a massive threat to jobs but could also spark World War III. Because of AI, he told CNBC, in 30 years we’ll work only 4 hours a day, 4 days a week.
  Recode founder Kara Swisher told NPR’s “Here and Now” that Ma is “a hundred percent right,” adding that “any job that’s repetitive, that doesn’t include creativity, is finish
  
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• Here's how each state's economy did in the first 3 months of this year

  31-07-2017 19:06 via feedproxy.google.com
  The Bureau of Economic Analysis recently released its initial estimates of GDP growth for Q1 2017 in each of the 50 states and DC.
  While national growth was generally weak in the first quarter, individual state economies were a mixed bag. Several states in the heartland saw their economies shrink in the first three months of the year, with Nebraska coming in with a 4.0% loss in GDP at an annualized, seasonally-adjusted rate.
  Meanwhile, most states saw at least some GDP growth, with Texas leading
  
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• WALL STREET PAYDAY: Banks could reap $100 million from the Discovery-Scripps deal (DSCA, SNI, JPM, GS)

  31-07-2017 18:43 via feedproxy.google.com
  Several Wall Street banks are set to split a $100 million payday from the deal between cable channel operators Discovery Communications and Scripps Networks Interactive.
  Discovery, which owns channels like Animal Planet and Discovery Channel, said Monday it will pay $14.6 billion to acquire Scripps, adding HGTV, Travel Channel, and Food Network to its roster.
  Six banks — including boutiques Guggenheim Partners, Allen & Co., and Evercore — advised on the deal. 
  
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• Tesla is falling after debuting the Model 3 (TSLA)

  31-07-2017 18:14 via feedproxy.google.com
  Tesla released its newest car on Friday.
  Tesla shares are falling opn Monday, down 2.53%, after the electric automaker revealed details of the new Model 3 and its production process in an event on Friday. Shares were trading up as much as 1.87% earlier in the day.
  At the event, the company announced its first car marketed at to the masses. The base model costs $35,000 before tax incentives. The premium model will cost $44,000 and will increase the range, top speed, and acceleration of
  
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• How to devise an effective video strategy

  31-07-2017 18:06
  Devising an effective online video strategy is no mean feat. Although the barriers to entry are lower for brands compared to other media channels such as TV or cinema, marketers must think carefully about the type of video content they produce, the audience it is aimed at and the platforms on which it is shared.
  Video viewership continues to surge, with Facebook alone claiming to record over 8 billion daily video views. Meanwhile YouTube reports that the number of channels earning six figures on
  
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• Amazon falls below $1,000 (AMZN)

  31-07-2017 18:06 via feedproxy.google.com
  Amazon fell below $1,000 for the first time in weeks. The stock last closed below $1,000 on July 11.
  Shares of Amazon are down 2.15% on Monday, and hovering around $998.15.
  Amazon's chief executive, Jeff Bezos, briefly became the world's richest person on the day before the company reported its quarterly earnings, but lost that title shortly after when the stock was sent lower after earnings. Most of Bezos' net worth is held in shares of Amazon.
  Investors are worried about Amazon's massive
  
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• 6 things to watch out for in Apple's earnings this week (AAPL)

  31-07-2017 17:55 via feedproxy.google.com
  Although the iPhone 8 isn't expected to be launched until this fall, Wall Street analysts still expect the unannounced device to have a major impact on Apple's June-quarter earnings.
  Apple reports its quarterly earnings on Tuesday. The big item that Wall Street analysts are looking for is iPhone sales, and seeing whether there is a "pause" in purchases caused by anticipation for the iPhone 8.
  Apple has told investors to expect revenue to land between $43.5 billion and $45.5 billio
  
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• GOLDMAN SACHS: Buy stock in companies spending the least on employee pay

  31-07-2017 17:50 via feedproxy.google.com
  In the US stock market right now, efforts to keep labor costs down are paying off.
  A group of companies that spend the least on employee pay has outpaced a basket of high-labor cost stocks by 13 percentage points over the past year, according to data compiled by Goldman Sachs. That's the biggest outperformance since early 2010.
  And while it's not entirely surprising that the market would reward companies keeping costs in check, the divergence in performance highlights a broader theme: Inves
  
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• The US is preparing to hit Venezuela with new sanctions after election

  31-07-2017 17:45 via feedproxy.google.com
  WASHINGTON (AP) — U.S. officials say the Trump administration is preparing to levy new sanctions on Venezuela, following through on threats to impose fresh penalties if the country went through with a controversial weekend election.
  The officials say the new sanctions could be imposed as early as Monday and will likely target Venezuela's oil sector, including possibly its state owned petroleum company.
  One official said an announcement was imminent. The officials were not authorized to di
  
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• Trump is threatening a move that could make Obamacare implode and hurt lawmakers' coverage

  31-07-2017 17:36 via feedproxy.google.com
  On Friday, Senate Republicans' plan to overhaul the US healthcare system came to a dramatic end as leaders failed to garner enough votes to move forward legislation.
  President Donald Trump was quick to comment, tweeting on Friday that Republicans should "let ObamaCare implode, then deal."
  There are a few ways the Trump administration can make such an implosion more likely. One of those ways involves payments for which the administration is responsible that help offset costs for insurers as well
  
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• Snap is sliding as 400 million shares are free to be dumped on the market for the first time (SNAP)

  31-07-2017 16:57 via feedproxy.google.com
  The day Snap investors have been waiting for is here, and it has not been great for the company.
  Monday marks the first day of trading after the company's first lockup period expired. 400 million shares owned by early investors are now available to be traded freely.
  This is the first such expiration since the company went public in March. An estimated 1.2 billion shares are planned to become available for trading for the first time over the next few weeks.
  Shares of Snap are down 1.39
  
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• Meet Harry’s, the shaving startup taking on Gillette

  31-07-2017 16:52
  Almost every industry has been hit by digital disruption and shaving clubs are trying to do the same to the razor market.
  Popularised by Dollar Shave Club in the US 2011, they aim to offer a cheaper alternative to razors by signing people up to a subscription. And they have done a fairly good job of pulling in consumers. In the US, the market leader Gillette has lost share for the last six quarters and even launched its own shave club in a bid to tackle the disruption head on.
  Now shaving clubs
  
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• Two entrepreneurs’ advice for businesses employing single parents

  31-07-2017 15:23
  There are nearly three million lone-parent families in the UK yet many employers fail to have the right processes and flexibility in place to enable single patents to thrive at work.
  Here, former marketer Clare Jones, who founded marketing agency Clare Jones London, and Chrissie Lewandowski, founder of holiday business Single with Kids – who are single parents themselves – explain what businesses should do to enable better working environments for one-pa
  
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• Tanya Joseph: The rules of crisis management have been forgotten

  31-07-2017 15:09
  On the day after the general election utter confusion reigned. Thinking the dice were loaded in her favour, Theresa May gambled big and lost big. Jeremy Corbyn also lost but such was the scale of the self-inflicted damage incurred by May that he was able to present his failure as a victory. We live in strange times.
  Lots has been written about the whys and hows of this election outcome. How long the prime minister will be able to cling to power, the wisdom of the Conservatives getting into bed w
  
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• Yum! Brands, Arla, Fairtrade: Everything that matters this morning

  31-07-2017 08:45
  Pizza Hut drags down sales at Yum! Brands
  Sales at Yum! Brands, the parent company of Pizza Hut, KFC and Taco Bell, slipped below target in the quarter to 30 June, increasing by just 2%.
  Poor performance at Pizza Hut was seen as the cause, which reported a 1% drop in same-store revenue, compared to growth of 3% at KFC and 4% at Taco Bell. As a result of the missed sales target, shares in Yum! Brands fell more than 2%.
  The company also reported a 23% decline in net income to $206m, while total re
  
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• HSBC, BT, SoundCloud: Everything that matters this morning

  31-07-2017 08:45
  HSBC half-year profits increase but warns of further uncertainty
  HSBC’s profits rose 5% in the first half of the year after a turbulent 2016.
  The results were better than expected with Europe’s largest bank reporting that its pre-tax profit for the first six months to June came in at $10.2bn (£7.8bn), compared with $9.7bn (£7.4bn) for the same period last year.
  The bank has been on a recovery drive over the last two years to streamline the business and reduce costs. 
  
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• Deliveroo, Barclays, gender inequality: Everything that matters this morning

  31-07-2017 08:45
  Deliveroo introduces new safety measures for its drivers
  Deliveroo is introducing new safety measures after two delivery riders were among five people injured in north London by acid attacks last month.
  Since the attacks, more than 70 Deliveroo riders have said they have not felt safe completing a delivery. Subsequently, Deliveroo has introduced a new app feature that allows riders to instantly raise security concerns to police about specific addresses.
  It is also trialling putting cameras on th
  
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• Apple, YouTube, Under Armour: Everything that matters this morning

  31-07-2017 08:45
  YouTube says AI is helping it combat terrorist content
  YouTube says new artificial intelligence is driving its efforts to combat terrorist content. In a blog post, the company says new tools are already showing “positive progress”, with the rate that content is removed doubling while accuracy has improved and speed and efficiency has gone up. It claims 75% of violent extremist content is now removed before receiving a human flag.
  “We are encouraged by these improvements and wil
  
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• Amazon, L’Oréal, Fox: Everything that matters this morning

  31-07-2017 08:45
  Amazon creates mini series to boost retailers’ sales
  Amazon is planning a home makeover show designed to boost shopping on its site.
  The ecommerce giant is no stranger to content having produced and distributed TV shows such as ‘Transparent’ and ‘Bosch’ but its focus previously has been on bolstering Amazon Prime subscriptions rather than selling specific products.
  The new six-part series called ‘Overhaul’ will feature YouTube stars including baker Rosan
  
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• When to use video: The ultimate guide

  31-07-2017 08:00
  Video is undoubtedly one of the most important tools in a marketer’s arsenal, boasting a proven ability to engage and excite consumers.
  From a 15-minute series to six-second Snapchat clips, the sheer volume of formats and channels available mean marketers need to carefully consider how video works for their specific brand.
  Here Marketing Week explores the different types of video brands need to know.
  Long form
  As the home of long-form video content, YouTube is a favouri
  
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• Hack your commute: ‘Read’ a book in 15 minutes

  31-07-2017 07:00
  If you’re wondering why ‘read’ is in inverted commas in the headline, it’s because with Blinkist you won’t really be reading history’s greatest tomes in their entirety, merely consuming the most important bits. So when your CEO or new agency partner asks your views on the latest business theories, you’ll be able to call on insights from a credible range of titles.
  The app contains summaries of over 1,800 non-fiction books, filtered down to their key mess
  
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• What the WARC 100 can learn from neuroscience

  31-07-2017 01:25 via warc.com
  LONDON: The world’s most effective campaigns highlighted in the WARC 100 are doing many things right, but there is plenty of room for improvement, according to an industry figure.Writing in the current issue of Admap, Heather Andrew, CEO of...
  
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• US consumers complain most about cars

  31-07-2017 01:25 via warc.com
  WASHINGTON DC: Auto-related problems, including misrepresentation in advertising and faulty repairs, have topped a list of issues US consumers complained most about in 2016.That is according to a survey of 39 state and local consumer protection...
  
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• UK consumers still upbeat about their finances

  31-07-2017 01:25 via warc.com
  LONDON: UK consumers remain confident about their personal finances despite showing markedly less optimism about the wider economy, a new survey has revealed.According to the latest Lloyds Bank Spending Power Report, based on a poll of 2,000...
  
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• Starbucks pushes for major China expansion

  31-07-2017 01:25 via warc.com
  SHANGHAI: Starbucks, the global coffee house chain, is to invest $1.3bn in China, its fastest-growing market outside of the US, as it aims to grow the number of stores it operates in the country to 5,000.The company currently operates 2,800...
  
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• E-commerce battle heats up in SE Asia

  31-07-2017 01:25 via warc.com
  SINGAPORE: The battle between Asia’s homegrown e-commerce giants and Amazon is heating up as the US company sets its sights on South East Asia – and Alibaba’s dominance – with the launch of services in Singapore.The move by...
  
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• Amazon faces challenge from new data platform

  31-07-2017 01:25 via warc.com
  NEW YORK: Amazon dominates the retail landscape in the US, but now ad tech firm Criteo is confident that a new data and ad targeting service it is developing will help other retailers and brands to compete with the e-commerce giant.Called the...
  
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• Advertisers still rely on stereotypes

  31-07-2017 01:25 via warc.com
  CANNES: Brands are failing to address the use of female stereotypes in their advertising, a study from the Geena Davis Institute on Gender in Media and JWT has revealed.The research program drew on English language entries that were shortlisted or...
  
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