Sales & Marketing news

• The FCC boss who repealed net neutrality says Google, Facebook and Twitter might need 'transparency obligations' (GOOGL, FB, TWTR)

  04-09-2018 23:56 via feedproxy.google.com
  Ajit Pai, the chairman of the Federal Communications Commission, called Tuesday for the big tech companies to be more transparent about how they run their services.Pai said he opposes regulating tech companies like utilities, but implied he believes new regulations may be needed to require such transparency.He didn't spell out precisely what kind of rules he would support or how they would be enforced.The chairman of the Federal Communications Commission is calling for new "obligations" to make&
  
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• Stocks kick off September in the red

  04-09-2018 22:11 via feedproxy.google.com
  Stocks fell Tuesday, with technology and industrials leading indices lower, as trade tensions around the globe kept markets on edge. Amazon, on the other hand, hit a $1 trillion market value, a month after Apple became the first US company to hit the milestone. The dollar and Treasury yields jumped.
  Here's the scoreboard:
  Dow Jones industrial average: 25,952.82 −12.00 (-0.046%)
  S&P 500: 2,893.16 −8.36 (-0.29%)
  Nasdaq Composite: 8,091.
  
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• Nike's controversial Kaepernick ad has millennials snapping up the stock

  04-09-2018 22:08 via feedproxy.google.com
  Nike sank more than 2% following the release of its newest "Just Do It" ad starring former NFL quarterback Colin Kaepernick. 
  The ad prompted swift reaction on Twitter, from both supporters and those who say Kaepernick's protests during the national anthem are disrespectful. 
  On Robinhood, investors were piling into the stock at a rate of three times more than usual.
  Watch Nike trade in real time here.
  News that Nike had chosen Colin Kaepernick, the polarizing leader of NFL protests du
  
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• Nike slides after tapping Colin Kaepernick as the new face of its 'Just Do It' ads (NKE)

  04-09-2018 21:37 via feedproxy.google.com
  Colin Kaepernick is the new face of Nike's "Just Do It" ad campaign.
  Shares of the sneaker giant fell more than 2% in early trading Tuesday following the former quarterback's tweet.
  Follow Nike's stock price in real-time here.
  Nike dropped 2.9% in trading Tuesday after the sneaker giant revealed Colin Kaepernick as the 30th anniversary face of its famous "Just Do It" ad campaign.
  The former San Francisco 49ers quarterback — and leader of polarizing protests during the national anthem
  
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• Weed stocks are going nuts after one of the largest marijuana companies strikes a deal for lab-made THC (CRON)

  04-09-2018 20:59 via feedproxy.google.com
  Cronos Group, a $2.5 billion Canadian cannabis company, has struck a $122 million deal with Gingko Bioworks.
  The partnership will research ways to make cannabinoids — the active ingredient in marijuana — in a lab instead of from plants. 
  Cronos and other weed stocks were up up as much as 17% following the news. 
  Watch Cronos trade in real time here.
  Cronos Group, one of the largest publicly traded medical-marijuana companies, on Tuesday announced a $122 million deal with Gi
  
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• The rise of Jeff Bezos, who built Amazon into a $1 trillion company and became the richest person in modern history (AMZN)

  04-09-2018 20:51 via feedproxy.google.com
  It's been an eventful few months of Jeff Bezos, founder and CEO of Amazon.
  In July, Bezos reached a new milestone: his net worth hit $150 billion, making him, as Bloomberg put it, the richest person in modern history.
  And then on Tuesday, Bezos and Amazon hit another milestone: Amazon briefly became the second US company to achieve a valuation of more than $1 trillion — though its market cap sunk just under the threshhold thereafter.
  That success hasn't come overnight, however. Bezos
  
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• The majority owner of Tinder and Match is the 'unsung hero of the internet' (IAC, MTCH)

  04-09-2018 20:21 via feedproxy.google.com
  InterActiveCorp owns more than 150 worldwide brands such as Match Group, ANGI Homeservices, and Vimeo.
  Match Group's Tinder is still in the early innings of monetization.
  Industry tailwinds and long-term international opportunity are favorable for  ANGI  Homeservices.
  Watch InterActiveCorp trade in real time here.
   InterActiveCorp (IAC) is the "unsung hero of the internet" in the eyes of Jefferies analysts and shares will likely to soar due
  
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• Some Tesla employees are disappointed that Elon Musk isn't taking the company private: 'We have so much external pressure' (TSLA)

  04-09-2018 19:29 via feedproxy.google.com
  Several Tesla employees told Business Insider they were on board with Elon Musk's plan to take the company private, and one indicated she was disappointed Musk was abandoning the plan.
  The employees believed that going private would remove the pressure to hit quarterly expectations, echoing what Musk had told them in an email.
  One employee shrugged off the whiplash-inducing change in strategy, saying that's just part of working at Tesla.
  We spoke with 42 Tesla employees about what it's really li
  
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• Snap slides to a record low

  04-09-2018 19:24 via feedproxy.google.com
  Snap shares touched a record low of $10.49 apiece on Tuesday.
  Shares have plunged about 20% since the company reported a drop in Snapchat's daily active users.
  Social-media stocks will remain in focus this week, with Twitter CEO Jack Dorsey and Facebook's chief operating officer, Sheryl Sandberg, set to testify before Congress.
  Watch Snap trade in real time here.
  Snap shares pushed lower Tuesday for a fifth straight session, touching a record low of $10.49 apiece. They've plunged about 20% since
  
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• Elon Musk works so many hours at Tesla, employees are constantly finding him asleep under tables and desks

  04-09-2018 19:19 via feedproxy.google.com
  Business Insider spoke to 42 current and recent Tesla employees about what it's really like to work for one of the world's most ambitious and controversial companies.
  Employees agreed that the company was demanding and the hours were often long.
  But, they said, no one works as long as CEO Elon Musk, who always seems to be there.
  We heard many stories of employees finding him curled up under desks or tables napping.
  Some people found this work ethic inspiring; others, not so much.Tesla
  
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• 70-hour weeks and 'WTF' emails: 42 employees reveal the frenzy of working at Tesla under the 'cult' of Elon Musk (TSLA)

  04-09-2018 19:00 via feedproxy.google.com
  Business Insider spoke with 42 Tesla employees about what it's like to work at one of the world's most ambitious and controversial companies.
  Their famous CEO, Elon Musk, is a visionary, but also unpredictably demanding, the employees said.
  They talked about long hours and an intense work environment that some call "the Tesla life."
  They described an attitude of worship that some employees have toward Musk, likening it to a "cult."
  One weeknight in the spring of 2016, Elon Musk, the CEO of Tesla
  
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• AMD surges after Jefferies sees a 'foundational shift' versus the competition (AMD)

  04-09-2018 18:40 via feedproxy.google.com
  AMD shares gained more than 8% Tuesday after receiving an upgrade from Jefferies.
  The firm's analyst says AMD is handily beating Intel when it comes to microprocessors and has gained market share in notebooks. 
  Follow AMD's stock price in real-time here. 
  Shares of AMD rose more than 8% Tuesday after Jefferies sent out a bullish note following its analysts' meeting with company management.
  "We have higher conviction that in 2H19, AMD will ship a server MPU with higher transistor d
  
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• Huge changes are underway at Citi as 3 senior execs are stepping down — including CFO John Gerspach (C)

  04-09-2018 18:35 via feedproxy.google.com
  Huge changes are underway at the top levels of Citigroup, with three senior executives set to depart the firm.
  CFO John Gerspach is retiring next March, according to an internal memo from CEO Michael Corbat. 
  Jim Cowles, the CEO of the bank's operations in Europe, the Middle East, and Africa, is leaving to start a nonprofit at the end of this year, and Bill Mills, the CEO of North American operations, will retire at the end of the year, according to the memo.
  Additionally, Corbat announced
  
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• Gary Cohn reportedly snatched documents off Trump's desk to prevent him from wrecking 2 massive trade deals

  04-09-2018 18:29 via feedproxy.google.com
  President Donald Trump nearly pulled the US out of two major trade deals in 2017, according to the veteran journalist Bob Woodward's new book, excerpts of which were published by The Washington Post on Tuesday.
  According to The Post, Woodward reports that Gary Cohn, Trump's former top economic adviser, prevented withdrawals from the North American Free Trade Agreement and a deal with South Korea by stealing documents authorizing the moves from Trump's desk.
  Cohn and Trump clashed on trade policy
  
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• Ford targets new audience as it becomes first brand to launch a car at a gaming event

  04-09-2018 16:50
  Ford Europe has gone where no other car manufacturer has before, becoming the first to launch a vehicle at a gaming event as the company looks to engage a new audience and be more innovative within its communication strategy.
  Speaking to Marketing Week, Ford Europe’s executive director of communications and public affairs Michael Baumann, says a “core part” of Ford’s brand is racing so “it felt like a natural fit” to launch the Ranger Raptor at Gamescom, an a
  
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• Faster, cheaper, quicker: How WPP plans to become a ‘modern’ business and ease clients’ ‘frustrations’

  04-09-2018 15:34
  A renewed focus on clients, agility, creative and attracting talent are at the top of WPP new CEO’s agenda as the business looks to become a “much more modern and contemporary company” that can compete more “aggressively” with consultancies, Google and Facebook.
  During an investor call this morning (4 September), Mark Read said WPP has not been moving quickly enough and needs to become a simpler business that is easier for “frustrated” clients to access
  
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• John Lewis and Waitrose launch first joint marketing campaign as they unveil rebrands

  04-09-2018 09:00
  John Lewis and Waitrose are running their first joint marketing campaign as they launch new visual identities to mark their rebrands to John Lewis & Partners and Waitrose & Partners.
  The campaign, created by adam&eveDDB and called ‘& Partners’, uses the tagline ‘For us, it’s personal’. It aims to shine a light on the stories and skills of its staff, which the retailers call partners, to illustrate what makes it different from other retail chains.
  Th
  
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• Russell Parsons: We need your help to avoid a future recruitment crisis

  04-09-2018 08:00
  It is incumbent on Marketing Week to lay bare some of the biggest problems that marketing is facing. There is usually less of an opportunity to present possible solutions.
  Back in March, we published an article portentously titled ‘Marketing’s Looming Crisis’ where we set out the recruitment issues brands would face in the future because of a lack of awareness and poor perception among school-age and undergraduate pupils.
  I was contacted soon after by Direct Line Group marketi
  
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• Marketing Week backs drive to get school kids interested in marketing careers

  04-09-2018 08:00
  We are looking for 50 founding members to act as ambassadors for the School of Marketing.Marketing Week is supporting a new education initiative that aims to solve the looming talent crisis in the marketing industry by raising awareness of the profession as a career option among young people all across the UK.
  Alongside education company Learn Et Al and Pearson College London, we will be powering the launch of the School of Marketing, a new learning platform and series of educational initia
  
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• Different class: How the marketing industry is coming together to inspire the next generation

  04-09-2018 08:00
  One of the most pressing issues facing the marketing industry in 2018 is the need to secure a diverse pipeline of talent. While marketing was once seen as an exciting career destination for young people, it has undoubtedly lost its lustre in recent years.
  A pitiful 3% of students aged 18 to 24 think marketing is a good career option, according to exclusive research carried out earlier this year for Marketing Week by student affinity network Unidays. Furthermore just 2% of those asked descr
  
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