Sales & Marketing news

• 2 privacy crises in one week prove Facebook still hasn't solved its privacy woes, even after a $5 billion fine (FB)

  17-08-2019 18:30 via feedproxy.google.com
  Facebook just got hit with two privacy scandals in the last two weeks.
  First, a trusted partner was caught harvesting the data of millions of Instagram users.
  Then, the company acknowledged that it was sending audio from users' Messenger chats to human transcribers.
  The double whammy shows Facebook still has a massive blind spot on privacy, even after two years of crises.Facebook's privacy woes aren't over yet.
  In July, the beleaguered California tech giant reached a $5 billion settlement with t
  
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• Presidential candidates vastly prefer Uber over Lyft. Here's how much the 2020 Democratic hopefuls are spending on each of the ride-hailing services. (UBER, LYFT)

  17-08-2019 17:21 via feedproxy.google.com
  Uber and Lyft are raking in big money from the 2020 presidential candidates as they ramp up campaigns across the country. 
  In total, 18 Democratic hopefuls spent more than $87,000 on rides and meals in the first half of 2019, according to regulatory filings. 
  Sen. Kamala Harris of California easily spent the most on the apps, at $14,708, while others, like the former Texas state Rep. Beto O'Rourke and billionaire Tim Steyer, are not disclosing any expenses to the companies. 
  Visit
  
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• This New York tech founder's startup raised $52 million to save small businesses from nightmare Yelp reviews. Here's his pitch deck. (CRM, GOOGL, YELP, FB)

  17-08-2019 14:30 via feedproxy.google.com
  Signpost offers marketing tools for small and medium-sized businesses.
  Stuart Wall, the startup's founder and CEO, got the idea for it after having a bad experience trying to market his sister's pottery business on Google.
  Signpost helps clients easily build a database of their customers and helps them interact with and solicit reviews from them.
  The company recently raised $52 million in venture funding using the pitch deck below.
  Click here for more BI Prime stories.While Stuart Wall was a stu
  
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• A new report offers fresh evidence that Trump's trade-war tariffs are hurting the US — even though he says they're not

  17-08-2019 14:05 via feedproxy.google.com
  President Trump has long said that China is far more affected by the tariffs he's imposed than the US.
  Industry watchers have voiced disagreement, saying US consumers and companies are taking large hits as well.
  An August study from the New York Federal Reserve showed that tariffs and trade policies are seen pushing up prices and reducing profits for manufacturing and service businesses in the tri-state area.
  Read more on Markets Insider. 
  President Donald Trump said Friday that "the longer
  
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• WeWork mania, Citigroup winds down a secretive $1 billion business, real-estate data changing the game

  17-08-2019 13:45 via feedproxy.google.com
   
  Hey, everyone.
  Love it or hate it, WeWork was no doubt the story of the week.
  The $47 billion coworking company filed to go public Wednesday, providing the first in-depth look at its financials and starting the countdown to one of the most highly anticipated — and possibly most scrutinized — market debuts of the year.
  In the filing, WeWork revealed billions in losses, a sprawling collection of leases, and plans to continue spending aggressively to go after a market that could
  
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• 'Something does not compute': A prominent chief economist explains why conflicting signals in the stock and bond markets are 'very dangerous'

  17-08-2019 12:05 via feedproxy.google.com
  Daniel Lacalle, chief economist at Tressis, sees a major disconnect between the narratives surrounding the stock and bond markets, as well as their recent price action.
  He also thinks it's "very dangerous" for equity markets to rely as heavily as they currently are on the prospect of ultra-easy monetary policy — especially when the future path is so uncertain.
  Click here for more BI Prime stories.Stocks and bonds are supposed to behave differently. After all, the incongruent relationship i
  
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