Sales & Marketing news

• Apple says that Trump's looming tariffs on China would increase prices on Apple Watch and AirPods (AAPL)

  07-09-2018 22:30 via feedproxy.google.com
  Apple opposes tariffs proposed by the Trump administration on $200 billion worth of Chinese goods.
  The tariffs are currently in a period of public comment.
  Apple said that the proposed tariffs "show up as a tax on the consumer" and will raise the price of several Apple products, including Apple Watch and AirPods. Apple said that tariffs on $200 billion worth of Chinese goods proposed by the Trump administration could result in higher prices for its products in a letter to the government pub
  
  Read more

• One of the most important startups in video games just lost its CFO — right after raising $145 million in new funds

  07-09-2018 21:15 via feedproxy.google.com
  Mike Foley, the chief financial officer of Unity Technologies, has resigned from the company.
  Unity didn't say why he left, but said it is looking for his replacement.
  His departure came soon after Unity raised $145 million in new funding.The chief financial officer of Unity Technologies, whose software tools are used to make games and augmented-reality apps, has left the company, Business Insider has learned.
  Unity did not offer a reason for his departure, but in an email sent to company employ
  
  Read more

• Tesla's chief accountant quits after one month on the job (TSLA)

  07-09-2018 20:13 via feedproxy.google.com
  Tesla's chief accountant resigned Tuesday, the company said Friday, after just one month on the job.
  The executive said intense focus on the company had led him to "reconsider" his future but that he had no qualms about Tesla or its financial reporting.
  Also on Friday, Bloomberg reported that Tesla's human-resources chief, Gaby Toledano, would not return from a leave of absence that began in August.
  Tesla shares sank more than 10% in trading. Follow Tesla's stock price in real time here.Tesla sa
  
  Read more

• 'Let's just remember when this recovery started': Obama hits back at Trump taking credit for strong economy

  07-09-2018 20:08 via feedproxy.google.com
  Former President Barack Obama chided Republicans for taking credit for job growth numbers that look similar to the figures during his presidency.
  "So when you hear how the economy is doing right now, let's just remember when this recovery started," Obama said.
  According to data from the Bureau of Labor Statistics, job growth during President Donald Trump's first year in office was lower than any of the previous three years under Obama.President Barack Obama thinks Republicans may be taking a bit
  
  Read more

• Advertisement

• Twitter just added an audio-only livestreaming streaming feature to its mobile app (TWTR)

  07-09-2018 19:43 via feedproxy.google.com
  Twitter just rolled out a feature to its iOS app that allows audio-only livestreaming. 
  It's similar to Twitter's Periscope livestreaming feature — but without the video streaming. 
  To start livestreaming audio to your followers, click on the 'compose tweet' button, click 'live' then click on the small microphone above "Go Live." If you ever need to livestream to your Twitter followers while you're having a bad hair day, you're in luck — Twitter just added an audio-onl
  
  Read more

• Tesla is getting crushed after 2 executives jump ship and CEO Elon Musk smokes weed (TSLA)

  07-09-2018 19:30 via feedproxy.google.com
  Tesla's stock took a dive on Friday after news broke that two executives were leaving.
  The chief accounting officer is leaving after just one month on the job.
  The head of human resources is also leaving, according to a Bloomberg report.
  And CEO Elon Musk was filmed smoking pot and drinking whiskey during a 2-1/2-hour interview on Thursday with Joe Rogan, a comic and martial-arts color commentator.Tesla's stock was down over 7% on Friday after news that two executives were leaving and after CEO
  
  Read more

• Microsoft is launching new Surface computers on October 2 — but it probably still won't launch a smartphone (MSFT)

  07-09-2018 19:10 via feedproxy.google.com
   
  Microsoft just announced that it's hosting a launch event for new Surface computers in New York City on October 2.
  We can probably expect updates to its flagship Surface Pro tablet/laptop hybrid and its mega-powerful Surface Book 2 laptop, which will be clutch going into the holiday shopping season. It could also debut a brand-new Surface device — these October launch events are usually where Microsoft makes these kinds of grand reveals. 
  What we can't expect, however, is the
  
  Read more

• Trump threatens tariffs on another $267 billion worth of Chinese goods

  07-09-2018 18:46 via feedproxy.google.com
  President Donald Trump on Friday threatened to hit China with tariffs on another $267 billion worth of goods.
  That would be in addition to existing tariffs on $50 billion worth of goods and apparently imminent tariffs on another $200 billion.
  The move would bring the US-China trade war to a fever pitch.
  US stock indexes dived following the news.President Donald Trump elevated trade-war rhetoric with China to a fever pitch on Friday, threatening tariffs on another $267 billion worth of Chinese go
  
  Read more

• Advertisement

• Trump's top economic adviser says there's one thing holding up a NAFTA deal with Canada: 'M-I-L-K'

  07-09-2018 18:19 via feedproxy.google.com
  Larry Kudlow, President Donald Trump's top economic adviser, told Fox Business that one issue is holding up a US-Canada trade deal: milk.
  Canada's high dairy tariffs have been a target for Trump in the North American Free Trade Agreement, or NAFTA, renegotiations.
  NAFTA negotiations between the US and Canada remain ongoing.
  Larry Kudlow, President Donald Trump's top economic adviser, says one issue is holding up a trade deal between Canada and the US: milk.
  "The word that continues to block the
  
  Read more

• Coinbase, the cryptocurrency powerhouse, has doubled its staff to 500 even amid bitcoin market rout

  07-09-2018 17:39 via feedproxy.google.com
   Bitcoin, the largest cryptocurrency, has shed 50% of its value since the beginning of the year. 
  But Coinbase, a cryptocurrency exchange, in recent weeks hit its target to double its staff in 2018. 
  Coinbase, the cryptocurrency exchange operator, has doubled its staff even as the market for digital assets sheds billions. 
  The exchange, which Business Insider on Thursday reported has been looking into a crypto ETF, is known for its wide-ranging business model. The firm covers
  
  Read more

• 'He doesn't seem to want to build any confidence': Wall Street is asking questions of Elon Musk (TSLA)

  07-09-2018 17:27 via feedproxy.google.com
  Wall Street is quickly losing confidence in Tesla CEO Elon Musk.
  Tesla issued $920 million of convertible bonds that give holders the option to convert those instruments for Tesla stock at $360 a share on March 1, 2019. If the stock is trading below that level, Tesla may have to repay that $920 million.
  Musk's "funding secured" tweet got Tesla's stock above the critical threshold, but the subsequent fallout has sent the stock even lower than before the announcement — now to $260.
  Musk was
  
  Read more

• Elon Musk says he has big ideas for an electric plane, but that it 'isn't necessary right now'

  07-09-2018 17:24 via feedproxy.google.com
  In a wide ranging interview published on Thursday night, Tesla CEO Elon Musk said he has big ideas for an electric plane.
  In the same breath, Musk said that such a concept "isn't necessary right now" — that he's focused on electric cars, solar power, and energy storage (batteries).
  Musk detailed his idea for an electric plane as a VTOL of sorts — a plane that requires no runway for takeoff and landing.
  When Elon Musk isn't busy working ridiculously long hours at Tesla, or SpaceX, or
  
  Read more

• Bob Woodward book: Trump told Gary Cohn he 'hired the wrong guy for Treasury secretary' right in front of Steven Mnuchin

  07-09-2018 17:05 via feedproxy.google.com
  As president-elect, Donald Trump offered the job of Treasury secretary to Gary Cohn during a transition-period meeting at Trump Tower, according to the veteran journalist Bob Woodward's new book, "Fear: Trump in the White House."
  "I hired the wrong guy for Treasury secretary," Trump reportedly said.
  Steven Mnuchin, whom Trump had already privately tapped to be Treasury secretary, was in the meeting.
  The news of Mnuchin's selection leaked while Cohn was still in Trump Tower.According to the
  
  Read more

• Alibaba jumps after Chairman Jack Ma says he could 'retire earlier' (BABA)

  07-09-2018 16:59 via feedproxy.google.com
  Alibaba shares jumped on Friday after Chairman Jack Ma told Bloomberg he could "retire earlier."
  In a profile, Ma said he wanted to follow the playbook of the billionaire and philanthropist Bill Gates.
  The Chinese e-commerce giant delivered strong earnings last quarter.
  Watch Alibaba trade in real-time here.Shares of Alibaba jumped more than 2% in early trading Friday after its Chairman Jack Ma told Bloomberg he may retire early from the Chinese e-commerce giant.
  Ma is dedicating
  
  Read more

• UBS details all the possible outcomes of the midterm elections and why a so-called blue tsunami could be the most devastating for stocks

  07-09-2018 16:57 via feedproxy.google.com
  The midterm elections are less than two months away.
  In a detailed note to clients, UBS laid out the market implications of four outcomes for both chambers of Congress: Republicans maintaining their majority, Republicans expanding their advantage, Democrats gaining more seats, and Democrats flipping both chambers.The midterm elections will be here before we know it.
  On November 6, Americans are set to decide which senators and representatives will fill a combined 470 seats being contested in Con
  
  Read more

• MORGAN STANLEY: Technology is undergoing a generational shift — and buying these 26 stocks could put you at the forefront of huge profits

  07-09-2018 16:57 via feedproxy.google.com
  Morgan Stanley says we've entered the type of computing cycle that comes around only every 10 years, with a specific focus on data technology.
  The firm has identified 26 companies it thinks possess a technological edge, whose stocks are thereby positioned to perform well in the future.One way to achieve success as an investor is to identify trends before they fully develop.
  You load up on shares of companies at the forefront to some sort of paradigm-shifting innovation, then watch in glee as you
  
  Read more

• ALBERT EDWARDS: The booming US economy is merely an 'illusion'

  07-09-2018 16:57 via feedproxy.google.com
  Famously bearish Societe Generale strategist Albert Edwards says that a strong economic indicator getting a lot of attention is an "illusion."
  The ISM Manufacturing PMI hit a 14-year high last month, and was touted by many as a sign of the US's economic strength.
  Look beyond the obvious, however, and a clear slowdown is underway in the US economy, Edwards says.The blockbuster economic growth manifesting itself in the United States right now is a mere "illusion" and a whole bunch of data is point
  
  Read more

• The Festival of Marketing partners with the Market Research Society

  07-09-2018 16:20
  The Festival of Marketing has partnered with the Market Research Society (MRS) and will deliver an event for the society’s members at this year’s Festival.
  The event will take place on the first morning of the two-day festival, which takes place on 10 and 11 October at Tobacco Dock in London. MRS members will have exclusive access to the bespoke event and will also be able to purchase reduced-price tickets for the rest of the Festival.
  The MRS partnership follows the announcement yes
  
  Read more

• John Lewis, Debenhams, Ford: 5 things that mattered this week and why

  07-09-2018 16:19
  Debenhams shows fighting spirit with new brand identity
  As crisis continues to unfold at House of Fraser and Fenwick announces plans to cut more than 400 jobs following a 93% slump in pre-tax profits, it’s fair to say these are challenging times for the department store.
  Hoping to buck the trend is Debenhams, which on Monday unveiled a new brand identity, the first revamp of its logo for nearly 20 years. Created by Mother Design, the new identity is intended to act as a visual expression
  
  Read more

• O2 celebrates individuality as it launches ‘big and bold’ new positioning

  07-09-2018 16:00
  
  O2 is launching an ad campaign that aims to “celebrate individuality” as part of a shift in marketing strategy at the mobile operator that aims to return it to its roots and help customers feel excited, rather than concerned, about new technology.
  The spot, created by VCCP and running from tonight, will promote its new ‘custom plans’, a new way for contract customers to pay for their mobile phone, giving them the option to choose how much they pay upfront
  
  Read more

• Mexico's former president says legalized marijuana is a paradigm shift, but greed could take the industry down a dangerous path

  07-09-2018 15:55 via feedproxy.google.com
  Former Mexican President Vicente Fox recently joined the board of Khiron Life Sciences Corp, a Canadian medical cannabis company with operations in Colombia.
  Fox said it's incumbent upon investors and companies in the cannabis industry to act ethically and responsibility — otherwise, the policy shift is doomed to fail.
  Fox envisions a future where marijuana is included in NAFTA.  
  Former Mexican President Vicente Fox says investors, entrepreneurs, and companies in the booming mar
  
  Read more

• A top Deutsche Bank shareholder is reportedly going to unload its entire stake (DB)

  07-09-2018 15:12 via feedproxy.google.com
  One of the top shareholders in Deutsche Bank is reportedly planning to sell its entire stake in the lender.
  Chinese conglomerate HNA is reportedly selling the stake in Germany's largest lender as part of an effort to refocus on its core business after several years of investing heavily in overseas businesses.
  The move comes as Deutsche Bank undergoes a major restructuring under new CEO Christian Sewing.
  You can track Deutsche Bank's share price at Markets Insider.One of Deutsche Bank's larg
  
  Read more

• Women’s Aid shifts focus to highlight how children are ‘hidden victims’ of domestic abuse

  07-09-2018 13:37
  Women’s Aid has launched marketing campaign that aims to highlight how children are the “hidden victims” of domestic abuse.
  In collaboration with the British Board of Film Classification (BBFC) the advert, created by WCRS, shows how children are shielded from violence in cinema but may not be when they get home. Currently, 160,000 children in England are living in homes where domestic abuse takes place and there are more children in refuges then adults.
  The campaign, which run
  
  Read more

• Thomas Barta: If marketing were a brand, you would fire the CMO

  07-09-2018 08:03
  Dear chief marketing officers, the marketing brand isn’t doing well. Latest news: you are losing market share in a key target group – talent. A survey by Marketing Week and Unidays earlier this year found that only 2% of UK students believe a marketing degree will lead to the best career for them. And don’t bother turning around, there’s no profession behind you that’s rated lower. In a competitive market, at 2% a brand would normally be taken off the shelf.
  Unfort
  
  Read more

• Nationwide, Maltesers and McCain take a stand over online abuse

  07-09-2018 01:01
  Nationwide, Maltesers and McCain have teamed up to take a stand against the online abuse aimed at the stars of some of their most successful ad campaigns.
  In partnership with Channel 4, they will broadcast a prime time TV ad break takeover in which a selection of real social media posts have been added to existing ads. The aim is to raise awareness of the scale of online abuse and encourage people to consider the impact such comments can have.
  The takeover will be broadcast during the firs
  
  Read more

Follow @sales_mrktinguk on Twitter!