Sales & Marketing news

• You can now book an Uber ride without a phone for the first time (UBER)

  31-08-2019 16:32 via feedproxy.google.com
  Uber rides are now bookable without a smartphone at Toronto's Pearson International Airport. 
  The company launched the kiosks earlier this month, with inspiration from similar ones at its driver hubs. 
  There's no word yet on future locations.Visit Business Insider's homepage for more stories.For the first 10 years, Uber was more or less useless to those without a phone. But that's finally starting to change.Earlier this month, the ride-hailing giant rolled out a kiosk at Toronto's Pear
  
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• Burger King's bet on faux meat is paying off as the Impossible Whopper convinces customers to spend more and buy more beef Whoppers (QSR)

  31-08-2019 16:12 via feedproxy.google.com
  Burger King's national Impossible Whopper rollout is boosting sales and bringing in new customers, according to analysis by Cowen. 
  Orders including the plant-based burger tend to amount to $10 or higher, compared to Burger King's average check of $7.36 in 2018, according to analyst Andrew Charles. 
  Traditional beef Whopper sales have also increased since the Impossible Whopper launched.
  Jose Cil, the CEO of Burger King parent company Restaurant Brands International, recently told Busi
  
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• Peloton says only 0.65% of its subscribers cancel each month. Here's why customer retention experts think that number 'doesn't pass the smell test.'

  31-08-2019 16:00 via feedproxy.google.com
  Peloton, in the paperwork is filed for its initial public offering, touted data that indicates that very few of the subscribers to its fitness video service cancel each month.
  The company's churn rate — the portion of customers that cancel in a given period — appears to be far lower than that of Planet Fitness or even Netflix.
  But its churn numbers shouldn't be taken at face value, customer retention experts said.
  They're likely understated due to a number of factors, including the h
  
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• Inside $50 billion hedge fund D.E. Shaw ahead of a key deadline; A chat with Industrious' CEO

  31-08-2019 15:15 via feedproxy.google.com
   
  Hi everyone! 
  I can't believe it is Labor Day weekend already. While this week was relatively quiet in New York with so many people on vacation, the finance team still had a number of important stories (and many more coming next week!). 
  We took you inside the talent war brewing at hedge fund D.E. Shaw, we dug into the Peloton S-1 to reveal the streaming fitness services' major risks, and we gave you a look at how Amazon is getting creative (think race cars) to introduce its clo
  
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• 'Big Short' investor Michael Burry was among the few who predicted the 2008 housing collapse. Here are his biggest investments right now.

  31-08-2019 15:00 via feedproxy.google.com
  Michael Burry, of "The Big Short" fame, foresaw the 2008 housing meltdown and bet against the subprime-mortgage bonds that exacerbated the crisis.
  Burry now runs his own hedge fund — Scion Asset Management — out of Cupertino, California.
  Listed below are his firm's 15 largest investments, according to data compiled by Bloomberg.
  Visit the Markets Insider homepage for more stories.
  Michael Burry earned millions by betting against subprime-mortgage bonds in advance of the 2008 housing
  
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• Trump lied about the trade war to boost stock markets — his bluster may soon start falling on 'deaf ears'

  31-08-2019 10:35 via feedproxy.google.com
  On Wednesday CNN reported that Trump may have made up high-level phone calls to China in order to boost markets. 
  Trump said his administration had spoken with China, but his aides say he intended to boost the markets with the comments.And China said the calls never happened.
  "I already think we're less responsive to these kinds of claims," said Craig Erlam, senior market analyst at Oanda.
  View Markets Insider's homepage for more stories. 
  On Monday, Trump told reporters that he held "
  
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• It looks like Trump lied about the trade war to boost stock markets — his bluster may soon start falling on 'deaf ears'

  31-08-2019 10:35 via feedproxy.google.com
  On Wednesday CNN reported that Trump may have made up high-level phone calls to China in order to boost markets. 
  Trump said his administration had spoken with China, but his aides say he intended to boost the markets with the comments.And China said the calls never happened.
  "I already think we're less responsive to these kinds of claims," said Craig Erlam, senior market analyst at Oanda.
  View Markets Insider's homepage for more stories. 
  On Monday, Trump told reporters that he held "
  
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• It took Twitter longer to secure Jack Dorsey's account from hackers than it would for a nuclear missile to travel around the world — and that should terrify you

  31-08-2019 00:38 via feedproxy.google.com
  Twitter CEO Jack Dorsey's account was hacked on Friday. 
  The hackers unleashed a tweetstorm of offensive, racist tweets.
  Everyone who watched the events seemed to have the same thought: If Twitter can't protect its CEO's account from hackers, how can it protect President Donald Trump's account?
  It's a terrifying question, made all the more worrisome because this is not the first time Twitter has raised doubts about its safeguards for Trump's account. 
  Maybe the San Francisco-based comp
  
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