Sales & Marketing news

• Elon Musk fires back at report that a Tesla Model 3 shakeup is underway (TSLA)

  02-04-2018 23:40 via feedproxy.google.com
  Elon Musk engaged in a testy Twitter exchange with a reporter over a story about a manufacturing shakeup at Tesla.
  The report said that Musk had assumed control of Model 3 production from the executive who had been leading it.
  Tesla confirmed that the executive, Doug Fields, was still with the company.Tesla CEO Elon Musk has jumped into the middle of a report from The Information that a management shakeup is underway at the carmaker as it struggles to meet production targets for its Model 3 seda
  
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• BANK OF AMERICA: Buy these 8 stocks to make a killing in the next 3 months

  02-04-2018 23:26 via feedproxy.google.com
  Bank of America Merrill Lynch released a list of short-term stock recommendations to clients on Monday.
  "These high conviction ideas are based on our views of potential significant market and business-related catalysts that we think will affect these stocks in the quarter," the bank said in a note. 
  Here are the top eight:SEE ALSO: The FDA just refused to review a new depression drug — and the company's stock is tanking (ALKS)
  Abbott Laboratories (ABT)Rationale: Driven by the me
  
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• TECH ANALYST: Here are 3 reasons Facebook will continue tumbling (FB)

  02-04-2018 23:14 via feedproxy.google.com
  Facebook could slip even more, according to Pivotal Research's Brian Wieser. 
  Facebook shares have dropped sharply since the Cambridge Analytica scandal in mid-March.
  Wieser lists three core reasons for lowering his Facebook price target to $138 a share. 
  Watch Facebook trade in real time here. 
  Facebook's stock price could have further to fall, according to Pivotal Research's Brian Wieser. 
  News of a massive data breach in mid-March sent shares into bear market territory, wh
  
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• Trump and California are about to go to war over auto MPGs — and carmakers are caught in the middle (F, GM, FCAU)

  02-04-2018 22:44 via feedproxy.google.com
  The EPA has rolled back Obama-era fuel-efficiency goals.
  Automakers had lobbied Trump for the change in 2017.
  But the move has set up a battle between the EPA and California, one of the automakers' biggest markets.
  The US Environmental Protection Agency on Monday rejected an Obama-era plan to make automobiles more fuel efficient in a win for car and oil companies and the latest move by the Trump administration to roll back environmental regulations.
  EPA Administrator Scott Pruitt said that agenc
  
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• Tumbling stocks just closed below a key technical threshold — and it could mean the pain is just beginning

  02-04-2018 22:33 via feedproxy.google.com
  The US stock market continued selling off in earnest on Monday, with all major indexes dropping more than 1.9%.
  The S&P 500 closed below one of the market's most closely-watched technical levels, and historical precedent suggests the breach could lead to further selling.
  It hasn't exactly been a smooth ride for US stocks in recent months. But no matter how turbulent conditions have gotten, market bulls have been able to find solace in the form of a key technical level on the S&P 500.
  Tha
  
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• Menlo Ventures makes the leap into crypto with a $40 million investment in a popular Coinbase competitor

  02-04-2018 22:24 via feedproxy.google.com
  Menlo Ventures, which hit it big with investments in Uber and Roku, just made its first investment in a cryptocurrency startup.
  The famed venture-capital firm led a $40 million funding round for BitPay, a bitcoin payment processor that competes with Coinbase and once competed with Stripe.
  BitPay claims to be the largest bitcoin payment company in the world, with $1 billion in e-commerce payments processed in 2017.Menlo Ventures established itself as a major player in the Silicon Valley venture-c
  
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• Tech stocks dive into negative territory for 2018 amid trade-war fears

  02-04-2018 22:11 via feedproxy.google.com
  US stocks saw deep losses Monday as President Donald Trump continues to publicly criticize Amazon and his administration prepares to roll out tariffs on Chinese imports.
  Stocks in the technology, consumer discretionary, and energy sectors led major indexes lower.
  Follow the Dow Jones industrial average and Nasdaq 100 index.
  US stocks tumbled Monday as President Donald Trump doubled down on his criticism of Amazon, sending shares in the technology and consumer discretionary sectors lower.
  Th
  
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• The US is set for a trade war with China's economy — you should know what it's up against

  02-04-2018 21:43 via feedproxy.google.com
  If the US going to have a trade war with China, we should understand the state of its economy.
  Looking at the data, the country's economy isn't as strong as its leaders make it sound. It's still very dependent on exports.
  That said, authoritarian governments don't have to worry about elections. That means they have a higher threshold for economic pain. 
  The trade war is here, so it's time to take a look at the Chinese economy to know what we're dealing with here.
  On Monday, China retaliated
  
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• A $700 billion investor explains why traders should brush off an ominous market signal that's flashing

  02-04-2018 21:39 via feedproxy.google.com
  Robert Tipp is the chief investment strategist of the PGIM Fixed Income, the $709 billion global fixed income asset manager within Prudential Financial. In a recent note, Tipp explains that he expects long-term rates to stay low even as the Fed hikes the funds rate."While the Fed may hike the funds rate to 3.4%, that increase is unlikely to be matched by a rise in long-term Treasury yields. Given the global backdrop of an aging demographic, high debt levels, and some major trading partners
  
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• Spotify's using a 'novel method' to go public, and it means the stock price could 'decline significantly and rapidly'

  02-04-2018 21:08 via feedproxy.google.com
  Spotify's direct public offering is set for Tuesday morning, and tech companies, traders and investors will be watching to see how the company's "novel method" for going public goes. The firm is listing on the NYSE without underwriters, without a set price, without a set level of supply of shares, and without a lock-up on existing investors. 
  Daniel Ek, chairman and CEO of Spotify, addressed Spotify's unusual method for going public in a note on Monday, setting out why Spotify is doin
  
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• If you have a Tesla and use Autopilot, please keep your hands on the steering wheel (TSLA)

  02-04-2018 21:06 via feedproxy.google.com
  I've driven several Tesla vehicles on Autopilot and feel strongly that drivers should never take their hands off the steering wheel.
  Despite two fatal crashes in the US involving Autopilot, and a clear finding of Autopilot's limits by the NTSB, Tesla hasn't disabled the Autosteer feature.
  Tesla asserts that Autopilot reduces fatalities from potential crashes, but for now, allowing the vehicles to operate in a hands-free mode is too dangerous.
  There have now been two fatal crashes of Tesla vehicl
  
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• From an email to a $6.5 billion deal in 46 days: How Salesforce's bid for MuleSoft came together (CRM, MULE)

  02-04-2018 21:04 via feedproxy.google.com
  Salesforce's deal to buy MuleSoft for $6.5 billion came together rapidly, a regulatory document made public on Monday makes clear.The filing confirms there was no bidding war for MuleSoft, despite speculation from analysts.
  Instead, during the less than two months of negotiations, MuleSoft CEO Greg Schott pressured his counterpart at Salesforce, Marc Benioff, into a higher price tag and a quick turn-around.If it seemed like Salesforce's $6.5 billion deal to buy MuleSoft came out of thin air, tha
  
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• New York just became the first state to try to help people dodge a big change in the new GOP tax law — and it could backfire

  02-04-2018 21:02 via feedproxy.google.com
  New York last week passed a budget that included two tax workarounds to avoid a feature of the Republican tax law.
  One change would allow companies to shift some income taxes to payroll taxes.
  The other would set up a charitable trust for New Yorkers to donate taxes as "charity."
  A policy analyst says the changes are legally dubious and could end up hurting New Yorkers.
  New York state is trying to help residents avoid a hit from the new Republican tax law, but experts say it could come back to h
  
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• Citron Research is lambasting Wayfair, and the stock is diving

  02-04-2018 20:57 via feedproxy.google.com
  Citron's latest stock target is Wayfair.
  Wayfair has a losing business model, Citron wrote in a note.
  Citron and its outspoken founder Andrew Left are no strangers to publicly antagonizing short targets.
  Citron published a note Monday, saying that Wayfair won't see sustainable growth unless it makes real changes to its business, the second such note on an internet company in less than a month. 
  Wayfair stock is down almost 7% on the news, according to investing.com. 
  Last Tuesday, Citr
  
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• Intel is sinking on news that Apple will make its own ARM-based processors for Mac computers (INTC, AAPL)

  02-04-2018 20:02 via feedproxy.google.com
  Apple is working on its own processors for its laptops, which could ship as soon as 2020, according to a Bloomberg report.
  The biggest advantage resulting from an Apple processor would be longer battery life. 
  Apple's laptops currently use Intel processors. Intel shares dropped sharply on the news. 
  Apple will build its own processors for its laptops, Bloomberg reported on Monday, sending Intel shares down sharply.
  These processors will be included in laptops as soon as 2020, and will
  
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• IBM Watson marketing chief: create personal, value-adding experiences

  02-04-2018 20:00 via warc.com
  Asma Shabab, Marketing Leader for Watson Internet of Things at IBM Middle East, Africa and Turkey, is judging the 2018 WARC Prize for MENA Strategy). Here, she talks to Lucy...
  
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• Asma Shabab on how campaigns can create personal, value-adding experiences

  02-04-2018 20:00 via warc.com
  Asma Shabab, Marketing Leader for Watson Internet of Things at IBM Middle East, Africa and Turkey, is judging the 2018 WARC Prize for MENA Strateg). Here, she talks to Lucy...
  
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• Tesla is falling after Elon Musk jokes about the company going bankrupt (TSLA)

  02-04-2018 19:52 via feedproxy.google.com
   
  Tesla's stock was down 5.16% on Monday following a string of negative news stories.
  Jalopnik reported that Tesla will fall short of its first-quarter production targets, citing a leaked Elon Musk memo.
  The company is expected to fall short of first-quarter vehicle deliveries and earnings projections, Moody's has downgraded its debt, and the company is involved in a National Transportation Safety Board investigation over a crash involving its Autopilot driving system.
  Still, Musk made ligh
  
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• Bernie Sanders joined Trump in criticizing Amazon, saying he thinks Jeff Bezos' company has gotten too big (AMZN)

  02-04-2018 19:49 via feedproxy.google.com
  Sen. Bernie Sanders thinks Amazon has gotten too large.
  In an interview on CNN, the 2016 Democratic presidential candidate said, "I think it is important to take a look at the power and influence that Amazon has."
  President Donald Trump has upped his criticism of Amazon in recent days.
  Sen. Bernie Sanders thinks Amazon has gotten so large that it requires closer scrutiny of its "power and influence."
  On CNN's "State of the Union" on Sunday, the anchor Jake Tapper asked Sanders whether Amazon had
  
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• Pluralsight, an online learning startup for coders, has confidentially filed for an IPO (DBX)

  02-04-2018 19:26 via feedproxy.google.com
  Pluralsight, a startup that teaches programmers new coding languages, has confidentially filed for an IPO.
  Pluralsight was last valued at $1 billion in a funding round from 2014.
  It's the latest enterprise tech startup with its eyes on Wall Street, and its filing comes just days after Zuora , DocuSign, SmartSheet, and Pivotal filed S-1's of their own. 
   
  A Utah-based startup that teaches developers new computer programming languages has confidentially filed for an initia
  
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• Walmart slides amid reports it's in talks to buy health insurer Humana (WMT, HUM)

  02-04-2018 18:59 via feedproxy.google.com
  Walmart's stock was down on Monday following reports that the company is considering an acquisition of health insurer Humana.
  The potential tie-up would represent the latest in a string of mergers and acquisitions in the healthcare services industry as retailers are pressured to deliver lower cost drugs to consumers and counter Amazon's encroachment in the space.
  You can view Walmart's stock price in real time here.
  Shares of Walmart were down 3.86% on Monday morning following a Wall Street Jour
  
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• The Nasdaq is now in the red for the year

  02-04-2018 18:23 via feedproxy.google.com
  The Nasdaq is now down for the year.
  The Nasdaq is down 3% Monday.
  The broader US market is also down Monday.
  The tech-heavy Nasdaq is now in the red for the year.
  The Nasdaq is continuing its recent slide Monday, down 3% on the day. The Nasdaq has gotten hit recently, as a massive data breach at Facebook set off selling in the technology sector, and TTrump's crack-down on Chinese investment into US tech has furthered those losses. 
  The broader US stock market is down Monday, with the Dow J
  
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• CRYPTO INSIDER: Bitcoin millionaires love Lamborghinis

  02-04-2018 18:09 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.
  Silicon Valley may be flush with cash, but its monarchs often don't like to flaunt their wealth. The culture encourages tech's casual millionaires to stay humble, spend on sneakers and hoodies instead of parties, and focus on the work more than the spoils.
  Cryptocurren
  
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• Trump's trade war with China is heating up

  02-04-2018 17:53 via feedproxy.google.com
  The trade battle between China and the US is heating up.
  China responded to recent steel and aluminum tariffs from President Donald Trump with tariffs on 128 US goods.
  The US will announce the details of a new round of tariffs by the end of the week.
  The trade fight between China and the US is heating up.
  Over the weekend, China unveiled its initial response to President Donald Trump's steel and aluminum tariffs, as 128 US goods will be subject to new import taxes upon entrance to China.
  The tar
  
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• Goldman Sachs' COO reportedly used his side gig as an EDM DJ to help win Spotify's business

  02-04-2018 17:51 via feedproxy.google.com
  Goldman Sachs COO David Solomon, the heir apparent to CEO Lloyd Blankfein, has a well-publicized side-project as an EDM DJ, going by the stage name DJ D-Sol.
  In the run-up to Spotify going public on Tuesday, the music streaming service will have spent up to $50 million for the advisory services of banks like Goldman.
  Solomon reportedly made a "personal plea" in Goldman's pitch to Spotify that referenced his DJ side-career. 
  Spotify is going public on Tuesday, and in the lead-up to its IPO,
  
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• Unilever tests blockchain on media-buying

  02-04-2018 01:44 via warc.com
  NEW YORK: IBM, the tech company, has helped Unilever, the consumer packaged goods manufacturer, test the potential of the blockchain to tackle several problems that currently shape the media-buying process.Babs Rangaiah, executive partner/global...
  
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• New consumer trends define Asia's future

  02-04-2018 01:44 via warc.com
  SINGAPORE: Globalisation of work, outsourcing of memory and the popularity of traditional medicines are all trends currently impacting consumers across Asia, according to a new report.The findings are the result of the Pan Asian Wave II study by...
  
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• How Axe and Topman reflect the changing man

  02-04-2018 01:44 via warc.com
  LONDON: Traditionally male brands such as Unilever’s Axe deodorant and Arcadia’s Topman retail chain have adopted a modern approach to masculinity in their marketing efforts, in contrast to the toxic masculinity that has damaged both men...
  
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• After the overreaction comes the rethink

  02-04-2018 01:44 via warc.com
  SYDNEY: Four days after several sponsors reacted decisively to the admission of ball tampering by three Australian cricketers, there are now suggestions that they may have been too quick to pull the plug.The scandal which blew up on the third day...
  
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