Happy Friday! It’s that time of the week where we reveal all the news stories that have disrupted all the leading industries. These stories have made an impact in industries such as marketing, retail, financial services, security & enterprise.
It is important for professionals to be familiar with all breaking news no matter what your industry is, because, chances are, these stories have an impact on some form of your business operations. So, luckily, Digital Diary is your one-stop shop delivering all the news in one post.
With our Digital Marketing & Digital Retail Transformation Assemblies approaching, let’s begin with the latest retail and marketing news.
Amazon Sees An Increase In Sales
It is really no surprise that Amazon has made headlines in more than one industry this week, especially the healthcare industry. This time around, Amazon has made a headline in the retail industry, after reporting a rise in sales of 38% to $60.5 billion. This is an increase from $43.7 billion one year ago.
The company announced this in a press release yesterday.
“Our 2017 projections for Alexa were very optimistic, and we far exceeded them. We don’t see positive surprises of this magnitude very often — expect us to double down,” said Jeff Bezos, Amazon founder and CEO.” Amazon reports.
Airbnb Loses CFO
Airbnb announced this week that Laurence Tosi, CFO, will be stepping down. This stalls the company from going public in 2018, which was the plan for this year. In a blog post, Airbnb announced that Laurence Tosi will be stepping down in order to focus his time completely to Weston Capital Partners, an investment fund.
“Airbnb was last valued at $31 billion and has been a private company for 10 years — once considered an eternity in the venture capital world, but no longer an outlier as more tech start-ups are staying private for longer.” CNBC reports.
Wendy’s Super Bowl Jab
Wendy’s has released a 30-second Super Bowl ad this week in preparation for Sunday’s big game. This teaser takes a jab at McDonald’s which if you didn’t know, is a huge competitor of the fast-food chain. The ad is prepared to run during the first quarter of the game, and it essentially calls McDonald’s burgers frozen.
The goal of the ad is to let customers know that Wendy’s uses fresh products, as opposed to McDonald’s. Ouch.
Amazon’s Alexa Gets Involved With Celebrities
Yes, Amazon is in the news in marketing this week as well. Is there an industry that Amazon has not disrupted? We progress…
Amazon Alexa released a Super Bowl teaser that indicates Alexa has lost her voice. But not to worry, major celebrities like Cardi B, Gordon Ramsay, and Rebel Wilson come to the rescue to fill in for the tech tool. The ad will also include CEO Jeff Bezos, who appears in the ad. All in all, it will be 30 seconds long and you can watch it during the Super Bowl.
Bitcoin Loses Value
USA Today reported that Bitcoin has lost its value below $8,000 for the first time in 11 weeks. This was in the midst of a “cryptocurrency sell-off.” This marks the first time Bitcoin has fallen below $8,000 since the end of November, which brings a vast amount of opinions from many executives in the financial services industry.
Alibaba Picks Up Ant Financial
Alibaba, the Chinese e-commerce retail, Internet, AI, and technology conglomerate has announced this week that it will be picking up 33% stake in Ant Financial, that is the most valuable fintech company in the world.
“The agreement will give Alibaba direct ownership of Ant, which is valued at over $60 billion.” Tech Crunch reports.
Athenahealth Experiences Revenue Increase
Athenahealth has released a new report that reveals a total revenue of $1.2 billion last year. According to Healthcare Dive, this is a 13% growth since 2016.
“Athenahealth restructured its workforce and product offerings in 2017 in an attempt to propel growth this year. ” Healthcare Dive reports.
Amazon Merges Into Healthcare
We broke the news on Digital Diary about Amazon’s recent merger into the healthcare scope. This news disrupted the healthcare industry in a big way. Basically, Amazon is planning to partner with JP Morgan and Berkshire Hathaway in order to create a company that provides healthcare for U.S employees. This move has the ability to disrupt the healthcare system altogether.
SECURITY & ENTERPRISE
Trump Administration Appoints New CIO
The White House has approved Suzette Kuhlow Kent, the former principal at EY and partner at Accenture. Kent will be replacing Margie Graves, who has held the position since last January.
Snapchat Dives Further Into App Store
Snapchat has released a new feature called the Snap Store, that will be found in the app store. This store will include merchandise from the brand, that will allow customers to purchase items like t-shirts. This opens an opportunity for companies to dive deeper into the e-commerce space.
ABOUT DIGITAL MARKETING TRANSFORMATION ASSEMBLY
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