Sales & Marketing news

• This 19-year-old bitcoin millionaire is traveling the world recruiting an A-team to build an alternative to the 'corrupt' world of cryptocurrency

  24-01-2018 22:48 via feedproxy.google.com
  19-year-old Erik Finman became a bitcoin millionaire last year, and now holds multiple millions worth of cryptocurrency.
  He's grown disappointed with the current state of cryptocurrency, saying that there are too many scams and too much politics for bitcoin or other current currencies to replace traditional money.
  That's why Finman has gathered a bunch of other bitcoin millionaires to kickstart a new cryptocurrency that aims to fix the biggest problems with current cryptocurrencies.19-year-old E
  
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• A Wall Street behemoth is going after top tech talent with a worldwide competition

  24-01-2018 22:34 via feedproxy.google.com
  Citadel and Citadel Securities are looking to attract top tech talent with a worldwide data competition.Such talent is in high demand as data revolutionizes Wall Street and other fields.
  Citadel, the Chicago-based hedge fund, and its spin-off trading firm, Citadel Securities, are gearing up for their second annual Data Open competition.
  Citadel will host dozens of one-day competitions throughout the year at top universities including Duke, University of Texas at Austin, and UC Berkeley. Quants a
  
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• 'Drill baby drill': Oil climbs above $65 for first time in more than three years

  24-01-2018 22:00 via feedproxy.google.com
  West Texas Intermediate crude oil climbed above the $65 mark for the first time in more than three years on Wednesday.
  The benchmark is important because it is considered a 'break-even' price for producers.
  Production will likely ramp up as "drill baby drill" becomes producers' new mantra, one analyst told Business Insider. A barrel of US benchmark West Texas Intermediate crude oil sold for more than $65 for the first time since December 2014 on Wednesday. 
  The milestone is s
  
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• Ford, GM, Tesla, and other automakers are about to report earnings — here's what to look for (FCA, GM, F, TSLA, RACE)

  24-01-2018 21:59 via feedproxy.google.com
  Ford, GM, FCA, and Ferrari should all post profits — the question is whether they'll beat estimates.
  Analysts will be looking for guidance heading into the 2018 sales year, which could be weaker than 2017.
  Tesla could lose well over $3 per share for Q4.The five automakers whose stock moves we follow closely at Business Insider are reporting earnings this week and into early February. 
  After a surprisingly solid 2017, with near-record sales in the US, the industry is preparing for a do
  
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• The relationship between ousted Uber founder Travis Kalanick and new CEO Dara Khosrowshahi is clearly 'strained'

  24-01-2018 20:37 via feedproxy.google.com
  Uber's former CEO Travis Kalanick has been spotted in Davos attending parties at the World Economic Forum.
  He was seen at a party with current CEO Dara Khosrowshahi in a situation that seemed awkward to onlookers, the two men sitting on opposite sides of the table.
  The party was held after Khosrowshahi slammed the "moral compass" of Uber under Kalanick's leadership in an interview. With a new $1.4 billion wad of cash burning a hole in his pocket, Uber cofounder, board member
  
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• Mid-length video is either 'stuck in the middle' or the future of TV, depending on whether you ask BuzzFeed's CEO or Meg Whitman

  24-01-2018 20:36 via feedproxy.google.com
  BuzzFeed in going through a big restructuring, especially for its entertainment content.
  CEO Jonah Peretti says BuzzFeed will experiment less with mid-form content that feels "stuck in the middle."
  Former HP CEO Meg Whitman just signed on to be the CEO of a company looking to go into mid-form video.
  BuzzFeed CEO Jonah Peretti is over mid-length video.
  In the wake of a reported revenue miss and layoffs last year, BuzzFeed has been doing some high-level company restructuring. On Wednesday, BuzzFee
  
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• British soccer club Arsenal is promoting an initial coin offering

  24-01-2018 20:29 via feedproxy.google.com
  Arsenal has partnered with an American gaming company to promote an initial coin offering. 
  CashBet hopes to raise up to $70 million from its ICO. It’s not easy to make your initial coin offering, or ICO, stand out from the thousands of fundraising efforts riding the cryptocurrency trend.
  CashBet, a California-based digital gambling site, thinks they’ve found a way to cut through the noise, however.
  The five-year-old company has secured a deal with British soccer club Arsen
  
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• Tesla is slipping after reports of a Model S crashing under autopilot (TSLA)

  24-01-2018 20:07 via feedproxy.google.com
  A Tesla Model S crashed into the back of a fire truck in California while the autopilot technology was engaged.
  The National Transportation Safety Board is currently gathering information on the incident.
  Watch Tesla's stock price move in real time here.
  Tesla shares are down 2.01% to $346.34 on Wednesday after reports that a Model S crashed into the rear of a fire truck while being controlled with the car's autopilot technology.
  The US National Transportation Safety Board is currently gathering
  
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• BAUPOST'S KLARMAN: ‘We will have to work harder with less to show for it’

  24-01-2018 19:24 via feedproxy.google.com
  Value investor Seth Klarman, founder of $30 billion hedge fund The Baupost Group, says good investment ideas are harder to come by.
  "Mispricings are less common and less stark, and expected returns are often at the low end of acceptability."
  Baupost generated returns in the mid-single digits last year.Seth Klarman, founder of $30 billion hedge fund The Baupost Group, says it's harder than ever to find good investment ideas.
  "For each idea, it seems like we have to dig deeper to figure outs
  
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• Companies are under pressure to use tax savings for pay raises — and that's bad news for 2 key industries

  24-01-2018 18:47 via feedproxy.google.com
  Companies are starting to use tax savings to pay workers more, and the industries that already pay the highest wages will see stock prices suffer, Goldman Sachs says.
  American Airlines, AT&T, Boeing, Comcast, Visa, and, most recently, JPMorgan have already announced pay hikes or bonuses.Now that corporations are paying less in taxes, there's a growing expectation that they'll pay their workers more.
  Since the passage of Republicans' new tax law, many companies have wasted no time in sweeteni
  
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• The success of Apple’s HomePod is largely dependent on Siri, and that’s troubling (AAPL)

  24-01-2018 18:35 via feedproxy.google.com
  Apple announced it will launch its HomePod smart speaker on February 9.
  The HomePod is very similar to the popular Amazon Echo and Google Home devices, but is powered gby Apple's voice assistant, Siri.
  Siri leaves much to be desired compared to other virtual assistants like Amazon's Alexa or Google's Assistant, which may impact the HomePod experience.Apple's long-awaited attack in the smart-speaker wars is coming February 9. 
  The $350 Apple HomePod will work very similarly to the popular Go
  
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• CRYPTO INSIDER: 50 Cent is a bitcoin millionaire

  24-01-2018 18:10 via feedproxy.google.com
  Welcome to Crypto Insider, Business Insider’s roundup of all the bitcoin and cryptocurrency news you need to know today. Sign up here to get this email delivered direct to your inbox.Rapper 50 Cent says he accepted bitcoin as payment for his 2014 album "Animal Ambition." The 700 bitcoin he reportedly raked in are now worth between $7 million and $8.5 million, and he hasn't offloaded his stake yet.Here's the full rundown of cryptocurrencies as of Wednesda
  
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• The investment chief at $242 billion Guggenheim has a message from Davos: 'I am troubled by the euphoria'

  24-01-2018 17:56 via feedproxy.google.com
  Scott Minerd, the chief investment officer of Guggenheim Partners, says he's starting to see the World Economic Forum in Davos, Switzerland, as a "contra-indicator."
  "Euphoria at Davos may be a sign that the market melt-up may soon begin to cool," he wrote in a letter from the conference.
  Minerd pointed to earlier forecasts on markets and the economy from prior Davos conferences that proved way off the mark.The mood is cheerful in Davos, Switzerland, as world leaders and the wealthy elite gather
  
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• 'Why would I ever go to work for Bill Ackman?': Panera's ex-CEO shuts down rumors that he's taking over Chipotle as the struggling burrito chain searches for a savior (CMG)

  24-01-2018 17:38 via feedproxy.google.com
  Rumors have been flying about Panera's former CEO Ron Shaich as Chipotle searches for a new top executive. 
  But Shaich tells Business Insider he has no interest in the gig, which would force him to step away from his role as Panera's chairman to lead a struggling public company. 
  Shaich is a vocal critic of what he sees as Wall Street's obsession with short-term growth, which he says contributed to the decision to take Panera private in 2017. 
   
  As Chipotle searches for
  
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• Ben Davis: Welcome to B2B AI – boring, but effective

  24-01-2018 17:10
  I have written a number of articles about machine learning recently for Marketing Week and Econsultancy. The current ‘AI summer’ is of course generating a lot of column inches in the mainstream media, too.
  This interest is fuelled by consumer tech – if you were to play word association, ‘AI’ might be followed by ‘Alexa’ or ‘self-driving cars’ – as well as bullish claims about the potential of deep learning in medicine.
  As marketers we s
  
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• Sales Promotion Consultants (UK) – Industry Report – Advertising and Marketing, Business, Business and Finance ... - MilTech

  24-01-2018 01:03
  MilTech
  Sales Promotion Consultants (UK) – Industry Report – Advertising and Marketing, Business, Business and Finance ...
  MilTech
  The Sales Promotion Consultants (UK) – Industry Report Report has been published. It provides updated in 2018 year analysis of industries from Advertising and Marketing, Business, Business and Finance, Home Markets. The Sales Promotion Consultants (UK ...en meer »
  
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• Lush takes CX to the tills

  24-01-2018 01:00 via warc.com
  LONDON: A bespoke till system is helping beauty brand Lush boost sales at peak times, increase retail space and cut costs.According to Jack Constantine, chief digital officer at Lush, the retailer had become frustrated by the standard offer from...
  
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• How McDonald's is approaching 'walled gardens'

  24-01-2018 01:00 via warc.com
  NEW YORK: McDonald’s, the restaurant chain, believes that brands could gain major benefits by pursuing a more holistic view of the consumer and reducing their reliance on “walled gardens”.Bob Rupczynski, Global Vice...
  
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• Flordis, McDonald's and Disney win at WARC Media Awards

  24-01-2018 01:00 via warc.com
  GLOBAL: An Australian campaign forFlordis-owned cough medicine Prospan has won the Grand Prix in the Best Use of Data category in the 2017 WARC Media Awards, while Disney and McDonald’s picked up Golds for campaigns in the UK and Spain.The...
  
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• Facebook extends GDPR personal data rights to 2bn users

  24-01-2018 01:00 via warc.com
  BRUSSELS: Facebook has said that it will simplify data control for its more-than-2bn users ahead of the implementation of the European Union’s General Data Protection Regulation, which will come into force in May.“We’re rolling...
  
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• Datsun focuses on 'accessibility'

  24-01-2018 01:00 via warc.com
  CHENNAI: Datsun, theJapanese auto brand, is focusing on accessibility to attract a target audience of younger consumers in lower tier cities across India as it aims to take a 5% share of the market.“When I say accessible, I do not mean...
  
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• Credit cards challenged by mobile payment apps

  24-01-2018 01:00 via warc.com
  ASIA: Credit card ownership in ASEAN countries rebounded sharply in 2017 but was still not at 2013 levels as alternative cashless payment methods were widely embraced.According to FT Confidential Research, the “use of mobile payment...
  
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• Brands miss economic potential of older women

  24-01-2018 01:00 via warc.com
  LONDON: Brands are missing out on huge potential opportunities if they insist on pigeonholing female Baby Boomers who control a huge amount of discretionary spending, according to a new study.
  
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• Bloomberg joins list of western publishers on Line Messenger

  24-01-2018 01:00 via warc.com
  NEW YORK: Bloomberg, the financially focused news service, has announced its availability on Line Messenger, a Japanese app, joining an impressive list of western publishers on the platform.In a short article on its site,
  
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