E-Commerce Minute: Friday -- July 22, 2016
The E-Commerce Times -- E-Business Means Businesshttp://www.ecommercetimes.com
Part of the ECT News Network
Headline Scan
Verizon on Verge of $5B Deal for Yahoo Core Assets
Musk Plots Out Tesla's Next 10 Years
LinkedIn Spiffs Up Sales Navigator
Facebook Messenger Counter Rolls Over to 1 Billion
Netflix Shares Fall as Subscriber Growth Hits a Wall
Platform as a Platform
Google Transparency Report Shows Government Data Demands Rising
Uber by the Billions
Yahoo Posts Weak Earnings as Assets Sale Waiting Game Drags On
Softbank Strong-ARMs Its Way Into Internet of Things
5 Ways to Guarantee Sales Will Hate Your CRM
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Today's Story Highlights
Verizon on Verge of $5B Deal for Yahoo Core Assets
Verizon reportedly is close to a deal to buy the core Web assets of
Yahoo for $5 billion, which would end a months-long process of jockeying
over the future of the struggling company. Verizon emerged as the winner
of a lengthy bidding contest to acquire the assets, according to reports
that surfaced Friday. An agreement is expected early next week.
http://www.ecommercetimes.com/story/83729.html
Musk Plots Out Tesla's Next 10 Years
Elon Musk has unveiled a second master plan for Tesla, a follow-up to
the vision he shared 10 years ago. The original master plan is now in
the final stages of execution. The refresh sketches out a multiyear,
four-pronged strategy that is about more than vehicles. Musk also plans
to advance an integrated solar-roof-with-battery product and create a
ride-sharing program, among other things.
http://www.ecommercetimes.com/story/83727.html
LinkedIn Spiffs Up Sales Navigator
LinkedIn this week announced three updates to Sales Navigator. One is
deeper integration with Salesforce CRM data, allowing leads and accounts
to be imported into Sales Navigator automatically. More than 20 LinkedIn
customers already are using this feature. The second is direct
integration of Sales Navigator with Gmail. The third is a new
recommendation tab on the Sales Navigator mobile apps.
http://www.ecommercetimes.com/story/83728.html
Facebook Messenger Counter Rolls Over to 1 Billion
Facebook on Wednesday announced that the number of people using its
Messenger app every month has surpassed 1 billion -- a major milestone
for what is arguably the most important tool in the company's growth
strategy going forward. A growing number of people are using Messenger
to communicate with friends, send money, plan events, play games and
tell jokes, the company said.
http://www.ecommercetimes.com/story/83724.html
Netflix Shares Fall as Subscriber Growth Hits a Wall
Shares of Netflix fell sharply Tuesday after it reported lower-than-
expected second quarter earnings, which the company blamed on subscriber
growth that fell short of forecasts. Netflix added 1.7 million
subscribers in the quarter, pushing its total membership to more than 83
million, the company told shareholders. However, that growth was far
less than the 2.5 million it had projected.
http://www.ecommercetimes.com/story/83720.html
Platform as a Platform
The platform land rush is definitely on. You can't swing a dead cat, as
the saying goes, without finding an announcement about some new platform
or some established vendor's attempt to enhance its existing platform.
Some sorting out seems to be in order. What's not a platform these days?
Well, if it's easy to substitute the word "application" for "platform,"
then you should use "application."
http://www.ecommercetimes.com/story/83721.html
Google Transparency Report Shows Government Data Demands Rising
The number of government requests to Google for citizens' personal data
rose in the second half of 2015, according to the company's latest
Transparency Report, released Monday. The number has been trending
upward for the past few years as the number of people connected to the
Internet has increased. The growth also coincides with almost-daily
reports of terrorist attacks.
http://www.ecommercetimes.com/story/83718.html
Uber by the Billions
Uber just celebrated its two-billionth trip in a 147-way tie, CEO Travis
Kalanick announced Monday. Each of the drivers and riders who began
their trip at 4:16 a.m. GMT on Saturday, June 18, got a $450 gift from
Uber -- the number is significant because Uber now operates in 450
cities across the globe, Kalanick said. The company's growth trajectory
is impressive.
http://www.ecommercetimes.com/story/83716.html
Yahoo Posts Weak Earnings as Assets Sale Waiting Game Drags On
Yahoo on Monday reported second quarter earnings that fell just short of
Wall Street estimates but left investors and analysts waiting to hear
about progress in finding a strategic investment partner. Negotiations
over the potential sale of the company's core assets are under way. The
company reported earnings from operations of $39 million, or 9 cents a
share in the second quarter.
http://www.ecommercetimes.com/story/83715.html
Softbank Strong-ARMs Its Way Into Internet of Things
Softbank Group has agreed to buy British semiconductor maker ARM
Holdings for about $31.4 billion in cash, the companies announced
Monday. Softbank agreed to pay a hefty premium for ARM, with a price of
about $67.28 per ARM share, which is a 42.9 percent premium over the
$47.08 closing price as of Friday, the last business day before the deal
was announced. The surprise move will help Softbank gain a solid IoT
foothold.
http://www.ecommercetimes.com/story/83712.html
5 Ways to Guarantee Sales Will Hate Your CRM
CRM often is described as a discipline and a technology that will
transform the entire business. Sales and marketing can get on the same
page, support will have visibility into what sales and marketing are
doing, and every interaction can be captured and used to create a
complete view of every customer. CRM has weak links, however -- and in
many businesses, the weakest is the sales team.
http://www.ecommercetimes.com/story/83711.html
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