Sales & Marketing news

• Canada arrested Huawei's CFO, and the US is seeking to extradite her

  05-12-2018 23:31 via feedproxy.google.com
  Canadian authorities have arrested Huawei's chief financial officer, Meng Wanzhou. 
  US officials have been investigating Huawei over alleged violations of the country's sanctions on Iran and are seeking to extradite Meng.
  The arrest comes amid a trade war between the US and China.The chief financial officer of Chinese tech and telecoms giant Huawei has been arrested in Canada at the request of US authorities and faces extradition to the United States.
  The Canadian Justice Department arreste
  
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• Facebook's PR head defended its anti-Soros effort, saying it was 'completely legitimate' (FB)

  05-12-2018 22:06 via feedproxy.google.com
  Facebook's move to tie groups opposed to the company with billionaire investor George Soros was "completely legitimate," its top public-relations official said Wednesday.
  Elliot Schrage characterized the move as in the interests of transparency and honesty in public debate.
  Schrage didn't address the effort's echoes to longstanding anti-Semitic smears about Soros.SAN FRANCISCO — Facebook's head of communications on Wednesday defended the company's decision to go after liberal financier Geo
  
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• For the first time, China confirmed major details about the Trump-Xi trade deal. It could only intensify the scramble over the next 90 days.

  05-12-2018 21:49 via feedproxy.google.com
  China released a statement on Tuesday offering reassurances about the preliminary trade deal made between President Donald Trump and Chinese President Xi Jinping.
  While the statement was light on specifics, the Chinese official attempted to assuage skepticism about the deal that helped contribute to a major selloff in US stocks.
  The Chinese also made a concrete step toward addressing US concerns by releasing a new set of punishments for intellectual property theft.
  But confusion over the deal an
  
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• Citigroup is expecting trading revenues to drop in the fourth quarter thanks to mayhem in the markets — and the firm may miss a key performance goal (C)

  05-12-2018 21:13 via feedproxy.google.com
  Citigroup is expecting fourth-quarter trading revenues to dip year-over-year, according to Chief Financial Officer John Gerspach.
  A spike in market volatility has negatively impacted the firm's fixed-income business as well as investment banking, he said.
  As a result, the firm may miss its stated goal of improving operating efficiency by 100 basis points year-over-year.
  "It's a much tougher revenue quarter then we would have anticipated," Gerspach said.Citigroup is expecting trading and investme
  
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• Mark Zuckerberg once suggested that a Facebook user's data was worth 10 cents a year (FB)

  05-12-2018 19:55 via feedproxy.google.com
  Mark Zuckerberg once suggested that developers pay something to the tune of $0.10 USD per year for access to a user's Facebook data. 
  He made this suggestion in an internal e-mail, dated October 2012, released by the British Parliament on Wednesday as part of an investigation into fake news on Facebook and elsewhere. 
  It was part of a conversation about how Facebook could make money from its platform for app developers. 
  On Wednesday, Zuckerberg said in a statement that this sugge
  
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• Going beyond the trend: The movements influencing design in 2019

  05-12-2018 18:12
  En vogue typefaces. Fashionable photographers. Shiny new mediums and technologies. On-trend colours. You’ll see these littered through every ‘hot design trends’ piece doing the rounds this time of year.
  These fashions come and go and do of course have a huge influence on the directions brands choose to take with their content. But design doesn’t need to be ‘on trend’ to land well. The latest trend won’t be right for the huge range of brands, causes and p
  
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• IEX CEO Brad Katsuyama explains his pitch to lure companies away from Nasdaq and the New York Stock Exchange

  05-12-2018 16:43 via feedproxy.google.com
  It hasn't been easy for upstart stock exchange IEX to lure companies from the big exchanges for its new listings business. 
  IEX CEO Brad Katsuyama explained his pitch to companies on Tuesday at Business Insider's IGNITION 2018 conference. It hasn't been easy for upstart stock exchange IEX to lure companies from Nasdaq and the New York Stock Exchange. 
  The exchange had been trying to get its listings off the ground since the end of 2017 before it snagged its first listing, Int
  
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• ‘Gritty, visceral, competitive’: Formula E gears up to move away from eco-friendly image

  05-12-2018 15:56
  Environmentally-friendly motor sport Formula E is undergoing a major brand refresh in an attempt to showcase it in a more exciting, grittier and competitive light.
  Launching this week, The Fiercely Driven campaign comes ahead of Season 5’s first race on 15 December and aims to ensure the electric car championship is known for more than just its sustainability credentials.
  “The brand campaign we are launching is consistent with [our brand purpose],” Formula E’s
  
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• Charlotte Rogers: House of Fraser’s decision to skimp on a festive ad is a false economy

  05-12-2018 15:44
  Mike Ashley delivered a damning verdict of the British high street when he faced MPs on Monday (3 December). He claimed that mainstream high streets were “already dead” and that department stores were stuck with “prehistoric rents” set before the internet, meaning that unless something drastic is done the British high street “won’t make 2030”.
  Reflecting on his £90m acquisition of House of Fraser, the Sports Direct boss told MPs on the housing, co
  
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• MORGAN STANLEY: Big asset managers are facing 'intensifying headwinds' with fees under pressure and market volatility on the upswing

  05-12-2018 15:27 via feedproxy.google.com
  Traditional asset managers' stocks struggled in 2018, falling 20% through the end of November.
  A new report from Morgan Stanley said this year's pressures could worsen in 2019.
  Two firms, however, stand out for their long-term growth potential.Asset managers' stocks tumbled this year, and 2019 doesn't look much better due to "intensifying headwinds", a new report from Morgan Stanley said.
  A group of 11 traditional asset managers' share prices fell 20% through November 30. Hamilton Lane was the o
  
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• Waymo has launched its commercial self-driving service in Phoenix — and it's called 'Waymo One' (GOOGL)

  05-12-2018 14:03 via feedproxy.google.com
  Waymo has officially launched in commercial self-driving service in Phoenix.
  The service is called "Waymo One."
  It will be opening initially just to early riders who have been testing the service.
  Waymo drivers will continue to supervise the Chrysler Pacifica minivans as Waymo One is rolled out.
  Waymo is finally hitting the road for real.
  After racking up 10 million driverless miles in a decade of history, Alphabet's autonomous technology rolled out commercially in Phoenix on Wednesday.
  The laun
  
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• People aren't paying their credit cards and more accounts are being shut down, and it could be a sign that 'economic clouds are darkening'

  05-12-2018 13:00 via feedproxy.google.com
  Credit-card delinquencies, application rejections, and involuntary account closures are all on the upswing, according to a report from the Federal Reserve Bank of New York.
  The Fed says these developments are "potentially concerning" given the strength of the economy and comparatively low interest rates.
  The trends most likely indicate that credit-card companies issued debt too freely in the preceding years.
  But they could also signal that lenders are bracing for an economic downturn and paring
  
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• The death of the middle ground?

  05-12-2018 12:30 via warc.com
  Today’s culture of ‘either/or thinking’ is omnipresent from fat-shaming to gender issues, Brexit and Trumpism – whatever the topic, polarised views are the norm. There’s little room left for moderate or balanced...
  
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• Mark Ritson: The story of digital media disruption has run its course

  05-12-2018 12:13
  Your boss ushers you into her corner office, smiles and then hands you a two-page document. You scan it. It’s your performance review and annual pay rise.
  On page one you are scoring a solid B across all the key metrics. Not bad. On the next page is your new salary for 2019. You were on £32,942 when you walked into the office. You’ll be on £33,300 when you walk out. You’ve won a 1% rise. How do you feel?
  Probably a mixture of gratitude and disappointment. It is a ri
  
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• A $2.8 trillion asset manager is bracing for a US-China dispute that rages long after Trump's presidency — here are its best investing tips to navigate the chaos

  05-12-2018 12:06 via feedproxy.google.com
  The trade war is just a glimpse of the strained relationship between the US and China.
  According to strategists at State Street Global Advisors, a $2.8 trillion asset manager, the very nature of the relationship is changing in a way that many investors still don't grasp.
  The firm offered some recommendations on attractive pockets of the Chinese markets and explained why it thought active stock picking would be crucial going forward.If the trade war is your biggest concern about US-China relation
  
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• Tesla's stock is in unprecedented territory that could completely overhaul how it's traded

  05-12-2018 12:03 via feedproxy.google.com
  Elon Musk has waged a long-running battle against Tesla short sellers, who have bet against the company's stock for years.
  In recent weeks, an interesting development has occurred in the Tesla short universe, and it could dictate how the company's stock trades in the future.Elon Musk's long-running battle with Tesla short sellers is the stuff of legend at this point.
  The majority of his crusade has been waged on Twitter, where he's repeatedly taunted the futility of short sellers and decried the
  
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• Apple's recent woes are bleeding into its global supply chain as stock selling accelerates

  05-12-2018 11:53 via feedproxy.google.com
  Apple and its suppliers were among the hardest hit during Tuesday's broad plunge in both US and Asian markets. Some suppliers have slashed their targets, citing weaker conditions. 
  The selling continued across Apple's overseas supply chain on Wednesday.
  The iPhone maker closed down 4.4% Tuesday, hurt in part by an HSBC downgrade that cited "market saturation."Apple's stock woes are bleeding into its global supply chain.
  Shares of iPhone suppliers tumbled on Wednesday after Apple's stock tum
  
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• 2019 Drivers of Change: A View from JWT Innovation Group

  05-12-2018 11:40 via warc.com
  This month’s Admap focuses on Drivers of Change in 2019, exploring five key trends – data privacy, smart cities, digital youth, health and wellness and the evolution of banking –...
  
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• Global stocks drop after Trump trade-war jitters spark US bloodbath

  05-12-2018 10:31 via feedproxy.google.com
  Asian markets tumbled Wednesday after President Donald Trump reignited trade-war tensions. His tweet Tuesday calling himself "Tariff Man" preceded a bloodbath in US stock markets. He later threatened "major tariffs" against China.
  Trader sentiment has dragged as fears about global growth and the US economy resurfaced.European equities took a hit Wednesday, following Asian stocks lower as economic and US-China trade-war jitters gripped financial markets.
  In the US, the Nasdaq and the S&P 500
  
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• Colin Lewis: Just because brands can doesn’t mean they should

  05-12-2018 08:23
  It costs more to acquire customers than to keep them. So driving loyalty makes sense as it drives profit. You don’t have to spend time and resources going out and finding new clients — you just have to keep the ones you have happy. And there is tonnes of data to back this up: research done by Frederick Reichheld of Bain & Company (creator of net promoter score) shows increasing customer retention rates by 5% increases profits by 25%.
  So, why then do so many brands have a deliber
  
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• Soccer help Copa Airlines take flight

  05-12-2018 01:00 via warc.com
  Copa Airlines, Panama’s national airline, effectively leveraged its connection with soccer in order to build more powerful bonds with consumers.Marco Antonio Ocando, the enterprise’s senior director/marketing and e-business, discussed...
  
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• New revenue stream possible for publishers

  05-12-2018 01:00 via warc.com
  A new startup, Memo, is planning to dangle a new revenue stream in front of the hungry publishing industry by selling earned media insights and information on a per article basis.According to
  
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• Faster, cheaper, closer: S4 Capital's in-house aspirations

  05-12-2018 01:00 via warc.com
  Martin Sorrell’s S4 Capital has acquired the US programmatic advertising company MightyHive in a deal that points to the group’s strategic aspirations in-house.The purchase,
  
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• Cultural mirroring and K-pop: Asian youth trends

  05-12-2018 01:00 via warc.com
  Asian millennials are shaping markets and expanding their cultural influence across national and continental borders – an example of the digital youth theme that is one of Admap’s Drivers of Change in 2019.Kunal Sinha, executive...
  
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• Brexit: Companies unprepared, the public unsure

  05-12-2018 01:00 via warc.com
  A minority of UK companies say they have made any arrangements for the 29th of March, the date of the UK’s departure from the European Union. Meanwhile, many UK consumers don’t believe that anything will change.This is...
  
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• Amazon targets offline retail in India

  05-12-2018 01:00 via warc.com
  India has most recently been a hotbed for competitors in the e-commerce space, with Amazon and Walmart making big investments. But the tide appears to be changing with Amazon closing in on an investment in India’s growing bricks-and-mortar...
  
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• Altria eyes cannabis market

  05-12-2018 01:00 via warc.com
  Altria Group, the maker of Marlboro cigarettes, is in talks with a Canadian cannabis company as it seeks to diversify from its core tobacco business.Cronos Group confirmed that it is
  
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