Sales & Marketing news

• Uber is putting its self driving cars back on public roads for the first time since a fatal accident

  24-07-2018 23:34 via feedproxy.google.com
  Uber will resume testing its autonomous vehicles, but with human drivers completely in control.
  A self-driving Uber car was involved in a fatal accident in March, in which a pedestrian was killed while the car was in autonomous mode. Uber halted its autonomous vehicle testing program after the crash. 
  Uber said it has added new safety features to the cars and that it hopes to revert to testing the cars in autonomous mode "in the coming months."
  Uber is putting its self driving cars back on
  
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• 'I can't feel my body right now': Goldman Sachs held its annual Wiffle ball tournament and it got a little competitive (GS)

  24-07-2018 22:37 via feedproxy.google.com
  Every year, Goldman Sachs hosts a day of Wiffle ball on behalf of DREAM, the Harlem non-profit that runs a charter school and after school programs.
  The brainchild of Goldmans' global co-head of equities trading and execution Brian Levine, it brings together hundreds of employees across the company for a day of fun and camaraderie. Last Friday, Business Insider stopped by the ball fields near Goldman's NYC office to catch a glimpse of the action and see who would end the day with a year's worth
  
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• Tech acquisitions came to a screeching halt in Q2, and the reasons why are concerning

  24-07-2018 22:26 via feedproxy.google.com
  The total value of tech-sector mergers-and-acquisitions in the tech sector fell to its lowest level in five years in the second quarter, according to a forthcoming PwC report.The decline followed a record-breaking first quarter.
  The falloff was due to high valuations, but also to Trump administration trade policies, the report says.In the tech industry, the merger-and-acquisition market seems to have suddenly fallen off a cliff.
  The total value of tech deals fell to its lowest level in five year
  
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• Stocks rally as traders prepare for a slew of tech earnings

  24-07-2018 22:05 via feedproxy.google.com
  Stocks were mostly higher Tuesday with the Nasdaq briefly hitting a record high ahead of a slew of tech earnings out this week. The dollar was largely unchanged against a basket of peers, and the Treasury yield inched lower. 
  Here's the scoreboard:
  Dow Jones industrial average: 25,240.18 +195.89 (+0.78%)S&P 500: 2,815.30 +8.32 (+0.30%)
  The Trump administration announced a $12 billion plan to aid farmers hit by its trade crackdown. The program, which will be funded b
  
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• Facebook has created a subsidiary in China, even though its site is banned in the country (FB)

  24-07-2018 21:29 via feedproxy.google.com
  Facebook has created a new subsidiary in China.
  The social network is currently banned in the country, which has strict internet censorship.
  Just last week, CEO Mark Zuckerberg said Facebook is "a long time away from doing anything" in China.
  In a statement, a company spokesperson said Facebook was launching an "innovation hub" to support local developers.Facebook is dipping its toe in the water in China.
  The US social networking giant has set up a subsidiary in China, according to an official b
  
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• MoviePass' parent company is doing a massive reverse stock split in order to stay listed on the Nasdaq (HMNY)

  24-07-2018 21:07 via feedproxy.google.com
  MoviePass' parent company, Helios & Matheson, is doing a massive reverse stock split that will give investors one share for every 250 they currently own. 
  The stock has declined dramatically from a high of nearly $40 to just $0.09 this week.
  Follow HMNY's stock price in real-time here. 
  MoviePass’ parent company on Tuesday announced a big move designed to keep it from being delisted by the Nasdaq stock exchange.
  The company, Helios & Matheson, will be performing a re
  
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• Investors are paying more than ever to protect against a Tesla bond crisis (TSLA)

  24-07-2018 20:49 via feedproxy.google.com
  The cost of insuring Tesla bonds against default through credit default swap contracts hit a record high on Tuesday. 
  The cost of insuring $100 of debt hit $6.58, as new fears swirled about the company's financial situation. 
  Tesla said Monday it had asked a handful of suppliers for retroactive refunds as it fights to become profitable this quarter. 
  Shares declined 3% in trading Tuesday. Follow Tesla's stock price in real-time here.
  The cost of insuring Tesla bonds
  
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• Google Cloud will soon have a major new feature to better compete with Amazon and Microsoft (GOOG, AMZN)

  24-07-2018 20:43 via feedproxy.google.com
  Google is making a version of its cloud available for companies to run in their own data centers, otherwise known as "on premises" computing.
  On premises computing is the old-fashioned way of doing IT. It's the thing that cloud computing was supposed to change.
  But because most companies are not ready to unplug their data centers and put all their IT in the cloud, cloud players are finding ways to bring their cloud tech to a company's data center.
  This is a major head-bow by Google to do what it
  
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• Wall Street's favorite recession gauge is flashing yellow again — and not everyone thinks it's a false alarm

  24-07-2018 20:22 via feedproxy.google.com
  Federal Reserve Chairman Jerome Powell has argued the narrowing gap between long- and short-term borrowing costs is nothing to worry about.
  Some of his colleagues, including St. Louis Fed President James Bullard and Minneapolis Fed President Neel Kashkari, disagree.
  "Yield curve inversion is a naturally bearish signal for the economy," Bullard said, warning about the prospect that long-term rates will slip beneath long-term ones. "This deserves market and policymaker attention."
  Federal Reserve
  
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• Apple apologizes for the MacBook Pro throttling 'bug' and releases a software fix (AAPL)

  24-07-2018 19:53 via feedproxy.google.com
  Apple is rolling out an update to the 2018 MacBook Pros that it says should fix the controversial overheating issue experienced by some users, including prominent tech YouTubers.
  The issue was caused by a firmware bug, Apple said.
  In a statement to Business Insider on Tuesday, Apple said:
  "Following extensive performance testing under numerous workloads, we've identified that there is a missing digital key in the firmware that impacts the thermal management system and could drive clock speeds d
  
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• Amazon is perfectly positioned to disrupt the world of investing — and its blueprint for success may already exist

  24-07-2018 19:07 via feedproxy.google.com
  Amazon has made a habit out of scaring investors in a wide range of industries. In a recent study, Bernstein analyzed how the juggernaut could affect asset management.
  Bernstein outlines the advantages Amazon would have over traditional asset managers if it elected to enter the space, and it doesn't bode well for the industry's existing players.
  The Alibaba subsidiary Ant Financial provides a blueprint Amazon could follow if it wanted to succeed in asset management.
  Nothing strikes fear in an in
  
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• Recommended reading: Fostering better communication and the truth about startup culture

  24-07-2018 16:20
  Lost & Founder
  Rand Fishkin
  Having turned a once debt-ridden mother-and-son business into a multi-million pound SEO company, Rand Fishkin, founder and former CEO of Moz, reveals the mostly awful, sometimes awesome truth about startup culture with transparency and humour. His hard-won lessons, as told in this book, are applicable to all kinds of business environments, with Lost & Founder promising to help solve readers’ problems and make them feel less alone for having them.
  Beyond
  
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• How Tesco’s new discount chain can compete with Aldi and Lidl

  24-07-2018 16:11
  Tesco is reportedly set to launch its own discount supermarket chain in the UK as early as September as it looks to rival the German discounters Aldi and Lidl and shore up its market share.
  Speculation arose after it was discovered this week that the retailer is currently advertising for staff for a new format at a number of locations in the UK. It then surfaced that it had recently registered the chain ‘Jack’s’ as a retail trademark, after Tesco’s founder Jack Cohen.
  At
  
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• Future of Strategy: Two client perspectives

  24-07-2018 12:00 via warc.com
  VIDEO: WARC’s Future of Strategy Report 2018 revealed a sense of optimism across the discipline, but a new competitive...
  
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• Marketoonist on lifestyle brands

  24-07-2018 10:25
  Tom Fishburne is founder of Marketoon Studios. Follow his work at marketoonist.com or on Twitter @tomfishburne
  See more of the Marketoonist here
  The post Marketoonist on lifestyle brands appeared first on Marketing Week.
  
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• What WPP's Alibaba, Tencent talks say about China's ad market

  24-07-2018 01:43 via warc.com
  BEIJING: Alibaba and Tencent, two giants of the Chinese tech ecosystem, and the venture fund, China Media Capital, are reportedly in talks to buy a minority stake in WPP Group’s China operations. The $2.5 billion deal – if completed...
  
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• The future of World Cup coverage: How news organisations took it forward

  24-07-2018 01:43 via warc.com
  GLOBAL: The World Cup is over for another four years, but its legacy has the potential to change how we watch, and how news organisations report, football forever.This is according to a report by the
  
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• Nickelodeon's core brand 'pillars'

  24-07-2018 01:43 via warc.com
  CHICAGO: Nickelodeon, the media company focused on children, uses four “pillars” to guide its strategy in areas such as brand activation and extensions.Jennifer Tracy, Nickelodeon’s SVP/partner marketing and creative advertising,...
  
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• Marks & Spencer seeks salvation in startups

  24-07-2018 01:43 via warc.com
  LONDON: Marks & Spencer, the UK retail giant, has launched a joint venture with the Founders Factory, a startup accelerator, which will focus on investing in startups in the retail space.This is
  
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• LA Times new owner: ‘I don't want itinerant 10-second eyeballs'

  24-07-2018 01:43 via warc.com
  LOS ANGELES: The Los Angeles Times’ new owner made his fortune in medical and health-tech innovation, where he pioneered new cancer treatments and number-crunching methods. His new mission, seeks to solve distrust of the news media and...
  
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• Could a Chinese boycott of US products happen?

  24-07-2018 01:43 via warc.com
  BEIJING: A majority of Chinese consumers would be prepared to boycott US products if a trade war with the United States comes to pass, according to a new consumer survey by the Financial Times.A new survey of 2000 consumers across 300 Chinese...
  
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• Subway rethinks loyalty, brand and product in global repositioning

  24-07-2018 01:01
  Subway is launching three new products and an accompanying marketing campaign that are “like nothing currently in the on-the-go market” as it looks to differentiate its offering in an increasingly competitive market and reposition the brand.
  The Signature Loaded Wraps launch tomorrow (25 July) and will be available until 6 November. There are three new flavour combinations: chipotle southwest steak & cheese; turkey, bacon and guacamole; and rotisserie-style chicken caesar. Plus,
  
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