Sales & Marketing news

• Some developers are furious ahead of Facebook's annual conference: 'They're declaring war on their partners' (FB)

  28-04-2018 18:10 via feedproxy.google.com
  Facebook's annual F8 conference is supposed to be a celebration, but the company could be in for a rough reception this year from some angry developers. 
  In response to the Cambridge Analytica scandal, Facebook locked down its platform and paused all new app and chatbot approvals.
  "There could be a lot of unhappy developers next week throwing tomatoes at Mr. Zuckerberg," one developer remarked.
  Others are more optimistic, and want to see how they can work with the new tech Facebook is likel
  
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• Sainsbury’s and Asda in ‘advanced’ talks over shock merger

  28-04-2018 18:07
  Sainsbury’s has confirmed it is in the “advanced” stages of talks with Walmart over a merger between Asda and Sainsbury’s that could create the UK’s biggest supermarket group.
  The shock deal between the UK’s second and third biggest supermarkets would give the combined entity about 31% of the supermarket sector, ahead of current market leader Tesco on 28%, according to latest Kantar Worldpanel data. The combined entity would have about 2,800 stores.
  The deal,
  
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• Jeff Bezos reveals what it’s like to build an empire and become the richest man in the world — and why he's willing to spend $1 billion a year to fund the most important mission of his life

  28-04-2018 16:39 via feedproxy.google.com
  Mathias Döpfner, the CEO of Business Insider's parent company, Axel Springer, recently sat down with Amazon CEO Jeff Bezos to talk about the early days of creating Amazon, what he's learned since then, how he funds his rocket company Blue Origin, and what it's like when the president of the United States is your biggest critic.
  The sit-down interview happened in Berlin, Germany, where Bezos received the Axel Springer Award 2018. You can read the complete transcript of their talk below.
  Math
  
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• Facebook's biggest product event of the year kicks off Tuesday — here's everything we're expecting to see (FB)

  28-04-2018 15:30 via feedproxy.google.com
  Get ready for feedfull of updates and announcements from Facebook.
  The social network' annual developers' conference, F8, kicks off on Tuesday in San Jose, Calif. There's likely to be lots of talk about VR, AR, video games, and of course, data security--an issue that Facebook is still tangled up in after trying to regain users' trust in the wake of the Cambridge Analytica scandal.
  Here's what to expect at this year's big event:SEE ALSO: Mark Zuckerberg revealed one of his 'great regrets' &
  
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• One popular trade is stuck in its worst stretch in 35 years — but Morgan Stanley has the perfect strategy for a big comeback

  28-04-2018 15:12 via feedproxy.google.com
  A trade that was formerly very popular with long-term investors has delivered two straight quarters of negative total return for the first time since 1973.
  Morgan Stanley sees the trade as set for a comeback, and says it has a strategy that's perfect for playing a rebound.
  Given how the past few quarters have unfolded, long-term investors are probably asking themselves when it'll be safe to start buying Treasurys again.
  After all, intermediate Treasurys — defined as those with maturity bet
  
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• Tesla is about to report earnings and it could get ugly — here's what to expect (TSLA)

  28-04-2018 14:57 via feedproxy.google.com
  Tesla reports its first-quarter earnings on Wednesday.
  Analysts expect a staggering Tesla loss.
  Tesla's stock has been sliding from 2017 highs, so the pressure will be on for CEO Elon Musk to reverse the decline.
  The numbers don't lie: Tesla has never made any money, but investors haven't cared, seeing the all-electric automaker as a play for growth and as a dominant force in the future of cars.
  Since its 2010 IPO, Tesla has obliterated billions in capital — and yet if you had invested, yo
  
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• The Fed is downplaying a key recession indicator that’s flashing yellow —  but some on Wall Street think 'they are wrong again'

  28-04-2018 11:00 via feedproxy.google.com
  The US Treasury market's sending an ominous signal about the economy's future, as long-term interest rates slip further toward their short-term counterparts. 
  This trend, known as a flattening of the yield curve, can be a signal of recession if the curve fully "inverts" and long-term rates actually dip below short-term ones.
  "The Fed was wrong about the curve before. More likely than not, we believe they are wrong again," writes a Citigroup interest rate strategist in a research note. 
  
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• Revolut is planning a metal 'Platinum' card that will give people 1% cash back in cryptocurrencies

  28-04-2018 09:00 via feedproxy.google.com
  London fintech Revolut is planning a new debit card that will give people cash back in cryptocurrencies.
  The fast-growing startup raised $250 million this week.
  Revolut is also planning to launch wealth management and cards for kids that parents can control.LONDON — Fintech startup Revolut is planning to launch a new metal debit card that will let customers claim 1% cash back in cryptocurrencies, its CEO has told Business Insider.
  Nikolay Storonsky told BI: "In the next three months we&rsq
  
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• Chaos rules in Italy as the country approaches a 3rd month without a government

  28-04-2018 09:00 via feedproxy.google.com
  Two months after its inconclusive general election, Italy's political parties are still battling to form a government.
  The Five Star Movement is the biggest single party, but will seemingly only consider working with  the centre-left Democratic Party (PD).
  It had previously held talks to govern with the right-wing Lega Nord, but refuses to govern with them unless they cut ties with former prime minister Silvio Berlusconi.
  Berlusconi's Forza Italia Party has a long standing alliance wit
  
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• UBS has hired a top investment banker from Deutsche Bank amid a major ramp-up of its US dealmaking team (DB, UBS)

  28-04-2018 08:26 via feedproxy.google.com
  UBS has hired another senior investment banker from Deutsche Bank.
  Carlos Alvarez joins UBS as the US head of specialty finance and permanent capital, according to a memo seen by Business Insider.
  The hiring is one in a string of recent additions by UBS' investment bank in the US, which is undergoing a push to ramp up its dealmaking presence.
  UBS has hired Carlos Alvarez, a long-tenured senior investment banker with Deutsche Bank, to join its financial institutions group as the US head
  
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• The CEO of a Peter Thiel-backed cannabis private equity firm reveals his 3-pronged strategy for choosing investments

  28-04-2018 08:04 via feedproxy.google.com
  Brendan Kennedy, the CEO of Privateer Holdings, one of the oldest and largest cannabis-focused private equity firms, shared the three components of the firm's investment thesis in an interview with Business Insider.
  In cannabis, like any other industry, "brands are the future," according to Kennedy. 
  Privateer, founded in 2010, raised $100 million earlier this year.
  Peter Thiel also backed Privateer's Series B in 2015 through the Founder's Fund. 
  As marijuana legalization sweeps a
  
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• South Korean official likens a modern North Korea to one with 'a Trump Tower and McDonald's' in it

  28-04-2018 07:53 via feedproxy.google.com
  A South Korean official says North Korea may be open to US investment to help modernize its economy.
  The official likened "modernization" to building a Trump Tower or a McDonald's restaurant.
  "They want to be a normal country, a normal state to be recognized by the United States," he said during a CNN International interview.
  The suggestion could also hint at the North's desire to be relieved of economic sanctions leveled against the country in response to its past aggressions.During a dinner th
  
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• Bank of America nailed the dollar's comeback — and now recommends 6 ways to figure out what happens next

  28-04-2018 06:23 via feedproxy.google.com
  The US dollar is rising after falling to a three-year low earlier this year. 
  According to currency strategists at Bank of America Merrill Lynch, this could be the beginning of a bigger comeback. 
  They specified six things to watch that could determine how high the dollar will go, and one recommendation that would profit from the dollar's climb against the euro.
  The US dollar is coming back to life. 
  It hit a three-year low earlier this year, weighed by comments from Treasury Secr
  
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• DocuSign pops up 37% in its long-awaited IPO — now its CEO and CFO explain what's next (DOCU)

  28-04-2018 00:12 via feedproxy.google.com
  DocuSign CEO Dan Springer and CFO Mike Sheridan sat down with Business Insider in the hours a successful IPO on Friday.
  DocuSign closed up 37% from the company's opening price of $29.
  But Springer and Sheridan weren't concerned that they sold DocuSign short. "Virtually every firm" they met with on the roadshow participated in the IPO, they say.
  Wall Street responded favorably on Friday as the 15-year-old San Francisco e-signature company DocuSign made its debut on the public markets. 
  DocuS
  
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