Sales & Marketing news

• Facebook's biggest critic on Wall Street explains why he's convinced the company is going to keep sinking (FB)

  11-11-2018 21:57 via feedproxy.google.com
  Brian Wieser, an analyst at Pivotal Research Group, is one of Facebook's most vocal Wall Street critics.
  Wieser has been arguing for years that the company's stock is overvalued, and recent scandals and crises have borne out his predictions.
  The Portland, Oregon-based analyst argues that Facebook has "systemic" issues and there's not enough room left to grow.
  Business Insider chatted to him about Facebook's recent woes, and what he thinks is next for the California tech giant.In July 2017, Wall
  
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• 11 books Wall Streeters think everyone should read

  11-11-2018 21:03 via feedproxy.google.com
  Need a new page-turner?
  We've got you covered.
  We polled our Rising Stars of Wall Street for the books they swear by for wisdom, business strategy, and career inspiration.
  Here are 11 recommendations we received.
  Subscribe to read our full list of the Rising Stars of Wall Street shaking up investing, trading, and dealmaking »
  Additional reporting by Meghan Morris."Bad Blood: Secrets and Lies in a Silicon Valley Startup" by John CarreyrouRising Star: Katherine Wood, private-equity investor
  
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• Roku's CEO says his business is doing 'great' — even if investors aren't convinced (ROKU)

  11-11-2018 21:02 via feedproxy.google.com
  Roku reported third-quarter results Wednesday that topped Wall Street's expectations.
  But investors sold off its stock following the announcement; in recent trading it was off as much as 12%.
  The growth rate of the company's platform business, while still robust, slowed markedly in the quarter, and it offered a disappointing forecast for its bottom line in the fourth quarter.Roku's investors may not have been pleased with the company's third-quarter earnings report, but CEO Anthony Wood insists
  
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• Xbox will get mouse and keyboard support November 14 and 'Fortnite' is one of the first games to have it (MSFT)

  11-11-2018 20:21 via feedproxy.google.com
  Microsoft announced that the Xbox One console would support mouse and keyboards on November 14, and that it was partnering with Razer to create a special line of keyboard and mouse products.
  Microsoft also said it planed to acquire game development studios Obsidian Entertainment and inXile Entertainment. 
  Microsoft's Xbox One console will officially get mouse and keyboard support on November 14, the company said on Saturday at its XO18 event. 
  Eight games including Fortnite will be rea
  
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• Wall Street weighs in on the midterm elections

  11-11-2018 19:10 via feedproxy.google.com
  Democrats took control of the House in the 2018 midterm elections Tuesday, while Republicans expanded their majority in the Senate. Here's what analysts on Wall Street said that could mean for the economy and financial markets.SEE ALSO: The Dow jumps more than 250 points after Democrats take House and Republicans strengthen Senate majority
  On trade“Congress over the years has ceded a great deal of authority on trade to the Executive.  Because of this, the Presiden
  
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• ANALYST: These are the next 4 states to legalize marijuana

  11-11-2018 19:09 via feedproxy.google.com
  Tuesday's 2018 midterm elections was a big success for cannabis advocates.
  Michigan legalized recreational marijuana, and while North Dakota rejected a similar measure, both Missouri and Utah voted in favor of medical marijuana.So far, 10 states and Washington, DC, have legalized the full use of marijuana, and 33 states and Washington, DC, have legalized medical marijuana.With the Democrats winning key Governor races, and securing more seats in their state Houses/Senates, a few more st
  
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• Democrats are reportedly gearing up to investigate Trump's actions against CNN and the Washington Post

  11-11-2018 18:58 via feedproxy.google.com
  Incoming House Intelligence Committee Chairman Adam Schiff told "Axios on HBO" that the Democrats plan to investigate Trump's beef with CNN and the Washington Post.
  Trump has allegedly taken specific actions the two outlets, targeting their owners and parent companies.
  The news comes days after Trump publicly feuded with and then punished CNN's Jim Acosta by revoking his White House press pass.After the midterm elections, speculation immediately began on how the incoming Democratic House majorit
  
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• 'The Grinch' easily wins the weekend box office, while 'Girl in the Spider's Web' bombs

  11-11-2018 18:08 via feedproxy.google.com
  The latest animated movie by the studio behind "Despicable Me" and "Minions" has another hit with "The Grinch."
  This most recent retelling of the classic Dr. Seuss story won the weekend box office with $66 million.
  This opening bests the 2000 Jim Carrey-starring version, which had a $55 million opening.
  But it wasn't good news for "The Girl in the Spider's Web." The $40 million-plus reboot of the Lisbeth Salander franchise only had an $8 million opening.It seems like everyone is already in the h
  
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• How an academic specialist in human memory created a chat app that’s helping companies fight harassment and discrimination

  11-11-2018 16:30 via feedproxy.google.com
  Spot is a new chatbot that's designed to help victims of harassment and discrimination record and report their experiences.
  The service uses natural language processing to understand and respond to users' answers to its questions in order to encourage them to give complete, accurate, and detailed accounts.
  Harassment and discrimination are pervasive problems in the workplace and the vast majority of incidents go unreported.
  Spot launched as a free service for individuals but is now available a p
  
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• It's all going dark again in the gambling capital of the world

  11-11-2018 14:04 via feedproxy.google.com
  Wynn Resorts this week forecasted doom for revenues in the gambling capital of the world, Macau.
  Some on Wall Street say the casino giant is being overly conservative, but economic indicators on mainland China tell a different story.
  We know that China's economy is slowing dramatically, and one of the places where you can see that very clearly is Macau, the gambling capital of the world.
  Wall Street was reminded of that on Wednesday, when Wynn Resorts reported earnings. While the third quarter d
  
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• AI could soon be all around us — here's how that could upend 8 different industries

  11-11-2018 13:45 via feedproxy.google.com
  Some major industries could soon be shaken up by a new development in artificial intelligence — the technology's increasing portability.
  Chip manufacturers are making processors specifically for machine learning and related AI features, noted Deloitte analysts David Schatsky, Jonathan Camhi, and Aniket Dongre in a new report. In many cases, those chips are being designed to consume minimal power, making it possible for them to be used in small, portable devices. Meanwhile, AI software dev
  
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• The world's biggest stock bear unloads on the 'stupidity' of Wall Street — and explains why the October meltdown was just a 'drop in the bucket' before the next big crash

  11-11-2018 12:05 via feedproxy.google.com
  John Hussman — the outspoken investor and former professor who has been predicting a stock crash — says the October sell-off was just a warmup for the eventual crash that he says will rock the market.
  Hussman is closely watching market internals for signs of shifting investor sentiment.
  He blames the Federal Reserve for creating bubble-like conditions in the market, and laments the fact that Wall Street has so willingly participated in the creation of an unsustainable situation.If yo
  
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