Sales & Marketing news

• Music streaming services like Spotify are the leading source of music revenue in the US

  30-03-2018 22:37 via feedproxy.google.com
  Spotify's imminent IPO isn't the only indication that the music streaming subscription business is a success: a recent study reveals that music streaming services make up for more than half of the total music revenue in the United States.As this chart by Statista shows, the leading source of revenue within the music industry are streaming services like Spotify, Apple and Amazon. The streaming music business generated more than $4 billion in revenue last year, and its share of the music industry
  
  Read more

• 'Death from bullying cannot be the cost of doing business': US senator goes after Facebook and threatens regulation (FB)

  30-03-2018 21:36 via feedproxy.google.com
  A US senator has hinted at regulating Facebook after the leak of a memo in which an executive acknowledged the social network could kill people.
  Andrew Bosworth defended growth at any cost in the 2016 internal memo.
  "It is @facebook’s moral obligation to maintain the integrity and safety of their platform," Senator Ed Markey said. "When they fail to do so, Congress must act."The spectre of government regulation is looming for Facebook.
  In the wake of the leak of an internal memo in which a
  
  Read more

• Wall Street is getting ready for a ‘domino effect’ after Salesforce’s $6.5 billion MuleSoft deal (CRM)

  30-03-2018 21:12 via feedproxy.google.com
  Mega-acquisitions like Salesforce's planned $6.5 billion purchase of MuleSoft could become a trend this year.
  The new tax law has freed up some $470 billion in overseas cash for the largest tech companies, and many may be looking to spend it on acquisitions, according to the Evercore ISI analyst Kirk Materne.One big deal could create a "domino-like effect" and set many more deals into motion, Materne said.
  As big a deal as Salesforce's planned acquisition of MuleSoft is, it may be just one small
  
  Read more

• The Mega Millions jackpot is over $500 million — we did the math to see if it's worth buying a ticket

  30-03-2018 20:29 via feedproxy.google.com
  The Mega Millions jackpot is at $521 million ahead of Friday evening's drawing.
  Though that's a pretty big prize, working through the math of how lotteries work suggests that buying a ticket is not a great investment.
  The low probability of winning and the risk of splitting the prize in a big, highly covered game mean you'd probably lose money.
  The Mega Millions jackpot for Friday's 11:00 pm ET drawing is up to $521 million as of 2:00 pm ET Friday. 
  That's the fourth-biggest Mega
  
  Read more

• Advertisement

• Uber's fatal self-driving car accident is the reason why we don't let companies make their own rules (GOOGL)

  30-03-2018 20:14 via feedproxy.google.com
  The fatal accident last week involving an Uber self-driving car shows the shortcomings of leaving it up to corporations to regulate themselves.
  Arizona, where the accident happened, had few rules governing autonomous-car testing, allowing Uber and other operators to make up their own rules.That approach was problematic, particularly in the case of Uber, because the company has a long history of flouting rules, laws, and norms.
  What's more, reports indicate that the company's self-driving car's m
  
  Read more

• America's biggest companies are saying exactly what Republicans want to hear about the massive GOP tax law

  30-03-2018 18:45 via feedproxy.google.com
  Republicans are banking on an economic boost from their massive new tax law as a part of their 2018 midterm strategy.
  According to a new analysis, 84% of S&P 500 companies talked about the new tax law on their fourth-quarter earnings call.
  Of those, 179 said they planned to invest savings in workers or new equipment, the analysis found.
  This is good news for the GOP, as new investments could help drive economic growth.
  Republicans have staked their 2018 fortunes in large part on their signat
  
  Read more

• Tesla's latest recall could be just the beginning — here's how it compares with other car companies (TSLA)

  30-03-2018 17:52 via feedproxy.google.com
  Tesla is recalling 123,000 Model S sedans to fix a steering-wheel problem.
  But the markets have not taken the news and used it as fodder for a continuing Tesla sell-off.
  As Tesla increases production, more recalls are likely.Tesla announced on Thursday that it was voluntarily recalling 123,000 of its Model S vehicles because corrosion under limited circumstances in cold weather could cause the power-steering assembly to fail.
  The recall comes at a time when Tesla's stock has been getting hammere
  
  Read more

• Trump may have 'a method to his madness' by teasing a trade war — but it could still end in chaos

  30-03-2018 16:55 via feedproxy.google.com
  President Donald Trump's tough recent talk on trade gave him some small victories, in the form of new negotiations with China and South Korea.
  His strategy may be an intentional ploy to extract gains in international trade.
  While it's showing some signs of working, experts say his posturing may eventually backfire.
  President Donald Trump fell into a familiar pattern during the month of March, announcing tough trade actions and eventually backing off the most damaging possibilities when allies ra
  
  Read more

• Advertisement

• Facebook employees are in disbelief that a bombshell memo justifying questionable practices to grow at all costs was leaked — and some think spies might be to blame

  30-03-2018 16:11 via feedproxy.google.com
  An explosive memo detailing Facebook's cutthroat growth mentality was leaked to BuzzFeed and published on Thursday night.
  But some Facebook employees think the real problem is leakers, according to posts leaked to The Verge.
  Facebook is reeling after BuzzFeed on Thursday published an explosive memo from the senior Facebook leader Andrew Bosworth.
  Bosworth, a vice president at Facebook who's known as Boz, wrote in June 2016 that Facebook's "questionable contact importing practices" and other so-c
  
  Read more

• 14 of the best waterfront homes in the Hamptons you can buy for under $10 million

  30-03-2018 15:09 via feedproxy.google.com
  Vacationing in the Hamptons is one of the most elite destinations in America.
  Many rich celebrities, hedge fund managers, CEOs, socialites, and politicians own multi-million dollar summer homes in the Hamptons.
  The high volume of mansions in the Hamptons — and its waterfront locale — makes it one of the most expensive real estate markets in the US.
  A waterfront home in the Hamptons — whether that's bayfront or ocean view — will cost you millions.
  Hallmarked by countl
  
  Read more

• P&G, Virgin Atlantic, Carlsberg: Five things that mattered this week and why

  30-03-2018 10:32
  Carlsberg on how it decides whether to ‘innovate or renovate’
  Carlsberg is looking to revitalise its brand portfolio following the arrival of vice-president of marketing Liam Newton 18 months ago. That started with Carlsberg Export, and there are plans to overhaul Tetley and its namesake lager brand Carlsberg over the next few months.
  But Newton takes an interesting approach on how to revitalise those brands. Some, says Newton, need innovation such as introducing new brews, whil
  
  Read more

• Mark Zuckerberg says a Facebook exec's memo justifying deaths in order to grow the network was a 'provocative' thing he disagrees with strongly (FB)

  30-03-2018 01:42 via feedproxy.google.com
  Andrew "Boz" Bosworth wrote a memo in 2016 justifying growth at all costs, and that one downside is that Facebook may kill people because the platform connects people.
  After the memo was first reported by BuzzFeed News, Boz tweeted that he didn't agree with the memo when he wrote it.
  CEO Mark Zuckerberg also released a statement saying he disagreed with the memo.Facebook CEO Mark Zuckerberg denounced comments from one of his top executives on Thursday, following the publication of a 2016 interna
  
  Read more

• H&M woes: is it the brand or the model at fault?

  30-03-2018 01:41 via warc.com
  STOCKHOLM: H&M, the fashion retailer, has warned of further price cuts to shift unsold stock in response to a 61% drop in Q1 operating profits, prompting the question as to whether the problem lies with the fast-fashion model or the brand...
  
  Read more

• Facebook overhauls its privacy settings

  30-03-2018 01:41 via warc.com
  SAN FRANCISCO: Facebook announced this week that it is overhauling its privacy and security settings in the wake of the Cambridge Analytica data scandal that has wiped billions of dollars from its stock market valuation.In a company blogpost,...
  
  Read more

• Digital races to 45% of APAC adspend

  30-03-2018 01:41 via warc.com
  SINGAPORE: Marketers in Asia-Pacific will outspend their international counterparts in digital channels this year, with an estimated 45% of all adspend going into digital compared to an average 40% in other markets.Though the region’s...
  
  Read more

• Bloomberg targets young Asian news viewers

  30-03-2018 01:41 via warc.com
  HONG KONG: Bloomberg, the business-focused media group, plans to expand its TicToc 24-hour video news channel into Asia, as it seeks to broaden its appeal to younger consumers.As
  
  Read more

• Allstate's mobile marketing insight

  30-03-2018 01:41 via warc.com
  NEW YORK: Allstate, the insurance provider, has leveraged research conducted with the Mobile Marketing Association (MMA) to unlock some of the confusion that often surrounds mobile marketing.This analysis featured in
  
  Read more

• The trucking industry is handling its driver shortage in a unique way — and it could crush others that depend on it (GIS)

  30-03-2018 00:47 via feedproxy.google.com
  A shortage of truck drivers in the US has increased their wages, on average.
  Unlike many other industries, trucking companies have been able to pass on these higher costs to their clients through higher prices. 
  But in most other industries, including those getting crushed by higher freight costs, it's not as easy to raise prices. 
  There aren't enough truck drivers in the US to meet the demand for freighting services. 
  One outcome of this is that truck drivers, on average, are get
  
  Read more

Follow @sales_mrktinguk on Twitter!