Sales & Marketing news

• Shares in Pivotal, a part of the Dell empire, tanked 41% after a 'train wreck' quarter, and Wall Street is warning of 'dark days ahead' (PVTL)

  05-06-2019 22:14 via feedproxy.google.com
  On Tuesday, Pivotal Software — which is majority-owned by Dell — reported revenues that modestly beat Wall Street's expectations, but much weaker guidance for the next quarter than Wall Street predicted.
  The stock closed about 40% lower on Wednesday, the first full day of trading following the report. 
  Pivotal attributed the weakness in part to poor execution of its sales strategy, and says it's taking steps to fix it, like hiring a new sales head for the Americas. 
  An
  
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• Cannabis has gone from a criminalized drug to a multibillion-dollar global boom in just a few years. Here's everything you need to know about the emerging legal cannabis industry.

  05-06-2019 22:12 via feedproxy.google.com
  Legal cannabis is one of the world's newest and most dynamic industries. Since Colorado legalized the drug in 2012, the previously illegal plant has birthed multibillion-dollar public companies, minted billionaires, and brewed social change not seen since the end of Prohibition.
  As cannabis companies scale up, they're seeing interest from institutional investors, major consumer corporations, and Group of Seven governments. 
  Business Insider reports regularly on the latest developments of th
  
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• The job market is so hot that one restaurant 'moved to counter service and disposable utensils' to stay open

  05-06-2019 21:33 via feedproxy.google.com
  The US labor market is the tightest it's been in nearly five decades. 
  Businesses are having a hard time finding workers.
  One restaurant in the Fed's Richmond district "moved to counter service and disposable utensils" to stay open with a smaller staff, the Federal Reserve's Beige Book showed Wednesday.
  Visit Markets Insider's homepage for more stories.
  A tight labor market takes on many forms.
  Some businesses like Target and Costco are raising their minimum wages to attract workers. Others
  
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• A YouTuber is getting roasted for posting a video of his Tesla driving on Autopilot without anyone in the driver's seat (TSLA)

  05-06-2019 21:32 via feedproxy.google.com
  Alex Choi, a YouTuber known for flashy cars, posted a video of a Tesla car driving under Autopilot with nobody in the driver's seat.
  It's far from the first time an unsafe stunt has gone viral, and experts say Tesla CEO Elon Musk's comments about Autopilot's capabilities aren't helping.
  Visit Business Insider's homepage for more stories.Despite Tesla's own strict instructions, drivers continue to put their lives — and those of fellow motorists — at risk in pursuit of internet glory.
  
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• A scary new hack created by researchers can accurately guess your password by listening to the sound of your fingers tapping the phone screen

  05-06-2019 21:30 via feedproxy.google.com
  Academic researchers have found a new way to determine the passcodes used on smartphones and tablets.
  The technique they describe in a recent paper relies on the microphones found in most handheld devices to detect the sound waves users generate when they tap on their screens.
  The technique they created was able to guess nearly three-fourths of the four-digit PINs used within 10 tries in one test.
  Visit Business Insider's homepage for more stories.Hackers may be able to figure out the passcode t
  
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• The star of 'Aladdin' says a defect in his Tesla Model 3 led to his car wreck, and it comes from a problem area the company has known about for years (TSLA)

  05-06-2019 21:24 via feedproxy.google.com
  The star of Disney's live-action "Aladdin," Mena Massoud, is suing Tesla after he said a faulty suspension caused his wheel to come off, spinning Model 3 out of control a day after he bought it.
  A Tesla spokesperson contradicted Massoud's account and said that the car's "wheel was torn off because the driver crashed into a tree at high speed."
  Suspension problems have dogged Tesla Model S and X vehicles for years to the point that observers on the internet have started referring to them as "whom
  
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• Cronos catapults higher after saying it plans to enter the US CBD market within the next year (CRON)

  05-06-2019 21:07 via feedproxy.google.com
  Cronos Group CEO Mike Gorenstein on Tuesday said the company would expand to the US within the next year. 
  Bank of America Merrill Lynch upgraded the stock to "buy" from "underperform." 
  Shares were up more than 15%.
  Watch Cronos trade live.Cronos Group soared more than 15% Wednesday after the Canadian cannabis company announced it plans to launch cannabidiol, or CBD, in the US within the next six to 12 months.
  Following the announcement, Bank of America Merrill Lynch gave the stock a
  
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• JPMorgan credit-card customers are seething about company plans to revoke their ability to sue them — here's how to protect yourself

  05-06-2019 20:15 via feedproxy.google.com
  JPMorgan Chase is planning to revoke its credit-card customers' ability to sue them.
  The bank sent nearly all of its cardholders notifications alerting them that they were implementing binding arbitration that prevents customers from taking disputes to court or joining class-action lawsuits.
  The plan has been met with backlash from customers and consumer advocates who say the move will boost Chase's bottom line at the expense of customer protection.
  Customers can reject arbitration by sending Ch
  
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• Huawei has reportedly cut orders to suppliers in a potential sign that it's already feeling the burn from being blacklisted in the US

  05-06-2019 19:56 via feedproxy.google.com
  Huawei has scaled back orders to suppliers and downgraded its smartphone shipments for 2019, according to a report from Nikkei Asian Review.
  It's potentially a sign that Huawei is beginning to feel the repercussions of its placement on a US trade blacklist that effectively bans US firms from doing business with the Chinese tech giant.
  The report comes after US tech firms such as Google and Intel, among others, have cut ties with Huawei.
  Visit Business Insider's homepage for more stories.Huawei h
  
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• Trump's hardline trade adviser says Mexico can avoid the looming tariffs if it meets 3 demands

  05-06-2019 19:52 via feedproxy.google.com
  The White House trade adviser Peter Navarro on Wednesday said Mexico could take steps to prevent the administration from following through with sweeping tariffs, which have faced sharp backlash from Republican lawmakers.
  He said Mexico could take in all asylum seekers, ramp up regulation at checkpoints in the country, and increase security at the country's border with Guatemala.
  Economists say the tariffs, set to take effect Monday, would increase costs for American businesses and consumers.The
  
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• A record $117 billion in fintech deals have been done this year as cashless payments soar in popularity

  05-06-2019 19:36 via feedproxy.google.com
  Fintech deal activity hit an all-time high this year, according to a new Dealogic report.
  The explosive mergers and acquisition volume comes as more people go cashless and companies compete for consumer data.
  The total deal value has been driven by a few monster deals, like Fiserv buying First Data and Global Payments buying Total System Services.
  Visit Markets Insider's homepage for more stories.
  It's not just you. The fintech space really is red-hot this year.
  Global fintech-targeted mergers a
  
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• The SoftBank Vision Fund has taken Silicon Valley by storm by writing monster checks. Here are the power players there that every startup founder should know.

  05-06-2019 19:21 via feedproxy.google.com
  SoftBank's Vision Fund is the world's largest tech investor and has backed companies like Uber, WeWork, and Ola.
  The $100 billion is partly funded by SoftBank, with significant backing from Saudi Arabia's Public Investment Fund.
  The fund is most closely associated with SoftBank Group's CEO, Masayoshi Son. But the senior team is made up of a number of former investment bankers and technologists.Together, they're writing checks for billions of dollars and reshaping the tech landscape.Softbank's Vi
  
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• NASCAR is moving 57 years of car racing footage to Amazon's cloud, and says AI will help spin out new shows without thousands of hours of manual tagging (AMZN)

  05-06-2019 19:15 via feedproxy.google.com
  On Tuesday, NASCAR announced it picked Amazon Web Services as its preferred cloud for its largest cloud endeavor.
  NASCAR plans to use AWS to store its 500,000 hours of archived race car footage and use AWS's artificial intelligence capabilities to automatically tag the footage and make it searchable.
  NASCAR looked at other cloud providers on the marketplace, but it picked AWS because it said AWS was the "best in breed" when it came to innovation and a business relationship.
  Read more on the Busi
  
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• Apple's new watch update is the missing piece of the puzzle the Apple Watch needed, and Fitbit should be worried

  05-06-2019 18:49 via feedproxy.google.com
  The Apple Watch should get better at tracking health trends over time with its watchOS 6 update, which represents a key area in which Apple's smartwatch was lacking as a fitness tracker.
  Among the new features coming in watchOS 6 are capabilities that Fitbit has long offered, such as providing more insight around a user's VO2 max reading and menstrual-cycle tracking.
  With Apple, one of Fitbit's biggest competitors in the United States, adding more robust fitness features to the Apple Watch, it's
  
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• YouTube will remove thousands of videos supporting white supremacy, Nazis and conspiracy theories that deny the existence of mass shootings and other violent events (GOOG, GOOGL)

  05-06-2019 18:37 via feedproxy.google.com
  YouTube announced on Wednesday plans to crack down on extremist videos on its site that advocate for neo-Nazi, white supremacy, and other bigoted videos. 
  The new policy, laid out in company blog post, will ban "videos alleging that a group is superior in order to justify discrimination, segregation or exclusion." 
  The new policy will also prohibit videos that deny that "well-documented violent events," including the Holocaust and the shooting at Sandy Hook Elementary. 
  A YouTube
  
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• Illinois is poised to become the first state to legalize marijuana sales through the legislature — here are all the states where marijuana is legal

  05-06-2019 18:04 via feedproxy.google.com
  Illinois became the first state to pass a bill legalizing marijuana sales through the legislature on Friday.
  The bill is now awaiting Governor JB Pritzker's signature, who made legalizing marijuana a core component of his campaign for governor's office. 
  Marijuana sales are set to go live in Illinois on January 1, 2020. 
  Recreational marijuana is now legal in 11 states; medical marijuana is legal in 33.Illinois lawmakers on Friday passed a bill that legalizes the posession and commerci
  
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• Markets Insider is looking for a panel of millennial investors

  05-06-2019 18:03 via feedproxy.google.com
  Markets Insider is seeking younger investors to join its millennial investment panel. 
  If you are active in the markets and want to help us better understand the trends of younger investors, this panel is for you. You can expect to receive a survey every now and again to gauge your opinions on stocks and the overall direction of the market. You do not have to work in the financial industry to take part. 
  Please click here to get started.Join the conversation about this story »NO
  
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• Apple CEO Tim Cook takes jab at Facebook once again: 'I worry about any property today that pushes news in a feed' (AAPL, FB)

  05-06-2019 17:49 via feedproxy.google.com
  Apple CEO Tim Cook made a dig at Facebook and other algorithm-based news services in an interview with CBS News that aired this week.
  "I worry that fake news is not under control," Cook told CBS. "We're on the user's side in trying to prevent fake news."
  Cook's history of taking jabs at Facebook goes back years. "You're not the customer — you're the product," he said in 2014.
  Visit Business Insider's homepage for more stories."We're on the user's side in privacy. We're on the user's side i
  
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• The CEO of a pogo-stick rental service knows you won't actually hop to work. Here's what's really going on at the viral Swedish startup.

  05-06-2019 17:34 via feedproxy.google.com
  A pogo-stick rental company made headlines this week, emulating the current wave of bike and scooter services.
  The company, called Cangaroo, is the product of a Swedish marketing firm that's been behind many a viral stunt in recent years.
  CEO Adam Mikkelsen said the pogo-stick isn't Cangaroo's final form. He's hoping to get venture capital to launch another vehicle soon.
  Visit Business Insider's homepage for more stories.As far as startups go, you can get money for almost anything, it seems.
  But
  
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• Trump likes to use the stock market as a scorecard for his presidency. By that measure, he's performing better than average.

  05-06-2019 17:30 via feedproxy.google.com
  President Donald Trump has long said that he's boosted the stock market. 
  The S&P 500 has gained 28% since Trump's election win and 24% since his inauguration.
  Historical returns of the S&P 500 show the market has gained an annualized 10.5% since Trump's inauguration, outperforming the long-time average of 7.6%. It has gained an annualized 8.3% since his inauguration. 
  Visit MarketsInsider.com for more stories.
  "You mean the Stock Market hit an all-time record high to
  
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• It’s the end of the world as we know it (and I feel fine)

  05-06-2019 12:00 via warc.com
  Maybe it was the blistering sunshine soaking the smart boulevards of Warsaw city centre. Or perhaps it was the sense of positivity permeating the Polish capital, as the country celebrated 30 years since its leaders tore down the Iron Curtain...
  
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• Why marketers need to track voice in China

  05-06-2019 02:00 via warc.com
  There are many reasons why voice-enabled technologies are taking off in China and brands should see developments in this sphere as transformative in the same way that mobile technologies have been for the past two decades.Writing in the current...
  
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• Where the UK high street went wrong

  05-06-2019 02:00 via warc.com
  In one of the UK high street’s rockiest-ever months, a new play for physical space by the e-commerce giant Amazon and an experimental format from Waitrose point to the ways in which the much-afflicted UK retail sector is reacting.Amazon, the...
  
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• What do Apple's new privacy features mean?

  05-06-2019 02:00 via warc.com
  At Apple’s annual conference for developers, the tech giant announced a suite of new tools with privacy at the core of the offer that is designed to differentiate it from other big-name service providers – that and an astronomically...
  
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• How Mastercard is changing habits in India

  05-06-2019 02:00 via warc.com
  As India’s payments system slowly evolves away from cash towards alternatives like mobile and cards, Mastercard is focusing efforts on changing habits across two diverse consumer segments.There are 990 million cards in circulation, but the...
  
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• European digital ad market worth €55bn

  05-06-2019 02:00 via warc.com
  The value of digital advertising across Europe increased by 13.9% in 2018 to reach €55.1bn, driven by strong growth in video, mobile and social spend, according to new data from IAB Europe.Announcing
  
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• Creative radio ads boost purchase intent

  05-06-2019 02:00 via warc.com
  Radio ads recognised for their high level of creativity typically deliver a greater uptick in purchase intent than the norm, according to a study by Westwood One, the audio media company, and Veritonic, the analytics provider.Scott Simonelli,...
  
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