In a blockbuster deal for Fanatics and Ticketmaster, the two companies have agreed to sell verified tickets and merchandise on each others’ sites.
According to a statement from the two companies, the partnership will give leagues, teams and universities an integrated e-commerce experience from the two companies’ customer databases to create fan rewards programs, as well.
Ticketmaster is the gatekeeper for almost every major sporting event in the U.S., and through the new deal will be the exclusive ticket provider for Fanatics — giving shoppers the ability to buy tickets through embedded links on sites like Fanatics .com, FansEdge.com and individual team sites.
Ticket purchases will also get Fanatics shoppers access to a rewards program where points can be exchanged for merchandise.
“As the go-to destination for event tickets and the official ticketing partner to so many incredible sport clients, we’re always looking for ways to enhance the fan experience while simultaneously adding value to our partners,” Jared Smith, president of Ticketmaster, said in a statement. “Partnering with Fanatics in this way is the definition of a win-win for us, for Fanatics, for our common rights holders and for fans.”
The partnership will also allow Ticketmaster to target Fanatics shoppers with personalized offerings, special offers and identify new customers. Fanatics shoppers can also receive bundles of merchandise as an up-sell on their ticket purchases through Ticketmaster.
“As partner to leagues, teams and schools, Ticketmaster and Fanatics have a shared responsibility to help stakeholders amplify their brands and grow their businesses,” said Cole Gahagan, chief commercial officer of Fanatics. “By teaming up, we’re now in a remarkably unique position to not only boost event awareness, but to also reward fans, and increase the value of buying tickets and attending games. It’s a big win for every member of the sports community.”
Source: TechCrunch
It was a stormy Monday for cloud stocks today with the general trend pointing way down. Okta stock took the biggest beating, down over 15 percent to $48.67, and even mighty Salesforce had its worst day since 2016, according to CNBC, down 8.7 percent to $121.01.
Wall Street was apparently disenchanted with just about every cloud company, large and small and in-between. Nobody, it seemed, was spared investor’s wrath:
That’s just a smattering of the cloud stocks, and it didn’t take any cherry picking to give you the idea. It was a bad day, but there really is no rhyme or reason for this drubbing. The cloud is in high growth mode. Amazon just reported cloud revenue accounted for $6.68 billion, up 46 percent in its most recent earnings report. That’s a run rate of almost $25 billion just for the cloud business.
Salesforce? In August, it reported $3.28 billion for the quarter. That’s 27 percent year-over-year, and puts them on a run rate of over $13 billion. It wasn’t that long ago the company stormed through a $10 billion revenue goal and set its sights on $20 billion.
As for Okta, it’s reporting in a couple of weeks, but in its most recent report, it announced $94.6 million, which accounted for 57 percent year-over-year growth with subscription revenue growing 59 percent year-over-year. None of these sound like companies in trouble, do they?
John Dinsdale, chief analyst and research director at Synergy Research, a firm that tracks cloud market share, said it was a case of today’s short-term snapshot of the market simply not matching the forecasted growth of the cloud in the coming years.
“Well, there is logic and then there is the stock market; and often the two have little in common,” Dinsdale told TechCrunch. “In terms of ongoing market growth and future prospects, absolutely nothing has changed. The market forecasts remain extremely healthy. Indeed, if anything our next forecast update will likely result in us nudging up our forecast growth rates a little,” he said.
In general, the cloud market continues to grow, according to Synergy’s latest reports (which is in line with other market projections). “The Q3 growth rate of 45% compares with a full-year 2017 growth rate of 44% and a 2016 growth rate of 50%. Public IaaS and PaaS services account for the bulk of the market and those grew by 51% in Q3,” Synergy wrote in their October 25th report.
Perhaps this is just a case of one bad day as the stock market continues its overall volatility of the last couple of months, but whatever the reasons, cloud stocks really took it on the chin today.
Source: TechCrunch
Esta nueva ciencia, que busca correlaciones entre los genes y determinados rasgos del comportamiento como la inteligencia, se está convirtiendo en un arma para defender nuevas formas de eugenesia. Pero, aunque estas correlaciones sean muy útiles, no implican una relación causa-efecto
Source: MIT
Si queremos limitar los peligros de la inteligencia artificial y fomentar sus beneficios, es imprescindible que los reguladores comprendan la tecnología en profundidad. Para lograrlo, la Universidad de Harvard ya está organizando eventos formativos y reuniendo opiniones de expertos
Source: MIT
Shares of technology companies were battered in today’s trading as fears of an increasing trade war between the U.S. and China and rising interest rates convinced worried investors to sell.
The Nasdaq Composite Index, which is where many of the country’s largest technology companies trade their shares, was down 219.4 points, or 3 percent, to 7,028.48. Meanwhile, the Dow Jones Industrial Average fell 395.8 points, or 1.6 percent, to 25,017.44.
Facebook, Alphabet (the parent company of Google), Apple, Netflix and Amazon all fell into bear trading territory, which means that the value of these stocks have slid more than 20 percent. CNBC has a handy chart illustrating just how bad things have been for the largest tech companies in the U.S.
Some of the woes from tech stocks aren’t necessarily trade-war related. Facebook shares have been hammered on the back of a blockbuster New York Times report detailing the missteps and misdirection involved in the company’s response to Russian interference in the U.S. elections. Investors are likely concerned that the company’s margins will shrink as it spends more on content moderation.
And Apple saw its shares decline on reports that sales of its new iPhones may not be as rosy as the company predicted — although the holiday season should boost those numbers. According to a Wall Street Journal report, Apple has cut the targets for all of its new phones amid uncertainties around sales.
The Journal reported that in recent weeks, Apple had cut its production orders for all of the iPhone models it unveiled in September, which has carried through the supply chain. Specifically, targets for the new iPhone XR were cut by one-third from the 70 million units the company had asked suppliers to produce, according to WSJ sources.
Those sales numbers had a ripple effect throughout Apple’s supply chain, hitting the stock prices for a number of suppliers and competitors.
But the U.S. government’s escalating trade war with China is definitely a concern for most of the technology industry as tariffs are likely to affect supply chains and drive prices higher.
According to a research note from Chris Zaccarelli, the chief investment officer at Independent Advisor Alliance, quoted in MarketWatch, interest rates and slowing global growth are adding to trade war pressures to drive tech stock prices down.
“Tech continues to be caught in the crosshairs of the triple threat of rising interest rates, global growth fears and trade tensions with China,” Zaccarelli wrote. “Trade war concerns with China weigh on the global supply chain for large technology companies while global growth fears worry many that future earnings will be lower,” he said.
Source: TechCrunch
Everything you ever wanted to know about Amazon, data privacy, and those weird new register-free retail stores.
Source: Wired
Cryptojacking officially knows no bounds.
Source: Wired
Chromebooks aren’t great for gaming, but there are a few titles that most machines can run. There’s a surprisingly diverse crowd that includes role-playing games, action side-scrollers, and puzzlers.
The post The best games for the Chromebook and Chrome OS appeared first on Digital Trends.
Source: Digital trends
Walmart has historically been the undisputed king of Black Friday deals. The mega-store is known for offering deals on products in almost every category, from smart TVs to children’s toys. We’re combing through every deal as it is announced and filtering out the best offers right here.
The post The best Walmart Black Friday deals in 2018 appeared first on Digital Trends.
Source: Digital trends
Jump-start your holiday shopping with deals on these Google-Assistant-enabled devices.
Source: CNET