Another new hire for Twitter was announced today, but this one is tied more closely to its big push into live video as part of its efforts to differentiate itself from other platforms. Twitter COO Anthony Noto said today that the company has hired Todd Swidler as its global head of Live Business. Most recently he was at ESC Games as CEO, but prior to that was the global head of Video Distribution and Partnerships at Bloomberg — the latter of which partnered with Twitter to offer streaming video news earlier this month. Excited to announce @toddswidler is joining Twitter as our new Global Head of Live Business. Welcome to the flock, Todd! #golive — Anthony Noto (@anthonynoto) May 22, 2017 Twitter is making a hard push into live video, but it’s going to have to figure out a way to monetize that if it’s going to figure out how to attract advertisers as a unique product compared to other video services like YouTube or Facebook. With … [Read more...] about Twitter brings on a new lead for its live video business
Lewiston auburn business to business trade show
Democrats and the trade deal
Time is running out, and Democrats are dragging their feet on the new North American trade deal. They’d rather focus on impeachment. Americans disagree.It might be — in the Democrats’ eyes — a short-term political win, but tanking the U.S. Mexico Canada Agreement (USMCA) would cause lasting damage U.S. producers — including Texas farmers and ranchers.Let’s be clear: It’s the District of Columbia that is consumed with impeachment talk and political posturing. The Democrats make a serious mistake if they think scuttling the free trade deal will win them any points in the heartland — in the districts they say they represent.ADVERTISEMENTOutside of Washington, the rest of us are far more concerned with living our lives. The holidays are coming up; we have gifts to buy, trips to budget for and meals to plan. Failure to pass the USMCA could affect all of those.More fundamentally, Texas and American exports are threatened by congressional … [Read more...] about Democrats and the trade deal
US stocks suffer worst day of year as trade fears spook markets
Financial markets around the world have fallen sharply amid growing fears that the US-China trade dispute could escalate into a full-scale currency war, with damaging consequences for the world economy. Stocks plunged on Wall Street as the Dow Jones Industrial Average sank by more than 766 points (2.9%) – its worst trading day of the year – and the S&P 500 and Nasdaq both fell 3% and 3.4% respectively amid fears that the trade war is intensifying. London-listed shares on the FTSE 100 fell by about 180 points, almost 2.5%, following steep losses on Asian markets. Asian markets were also weaker on Tuesday, with Australia’s ASX200 down 2%, the Hang Seng off 0.7%, and the Nikkei down 0.7% by the middle of the day. Donald Trump renewed his attack on China, arguing in a flurry of tweets that Beijing was using currency manipulation and unfair trading practices to undermine jobs and company profits in America. “China is intent on continuing to receive the hundreds … [Read more...] about US stocks suffer worst day of year as trade fears spook markets
Global markets rally as hopes of US-China trade deal rise
Stock markets around the world have rallied sharply as hopes of a peace deal in the US-China trade war rise. Shares on Wall Street hit intraday highs on Monday after Donald Trump and the Chinese president, Xi Jinping, agreed to resume trade negotiations following a meeting at the G20 gathering of world leaders in Japan at the weekend. The Dow Jones industrial average jumped almost 200 points in afternoon trading in New York, an intraday record, before closing up 117 points at 26,717. The wider S&P 500 index of major American firms closed at a record high of 2964. On a day of gains for bourses around the world, the FTSE 100 closed 76 points higher at 7,502. Trump said over the weekend that the meeting with Xi had been “excellent” and that the relationship with China was “right back on track”. The president promised there would be no additional tariffs on Chinese imports for now – a key concern among investors. China also agreed to hold back from … [Read more...] about Global markets rally as hopes of US-China trade deal rise
U.S. trade deficit shrinks sharply; labor market tight
WASHINGTON (Reuters) - The U.S. trade deficit dropped to its lowest level in nearly 1-1/2 years in October, suggesting trade could contribute to economic growth in the fourth quarter, though a broad decline in imports hinted at a slowdown in domestic demand. FILE PHOTO: A shipping container is unloaded from a neopanamax vessel at Wando Welch Terminal operated by the South Carolina Ports Authority in Mount Pleasant, South Carolina, U.S. May 10, 2018. REUTERS/Randall Hill/File Photo Still, consumer spending is likely to remain supported by a strong labor market. Other data on Thursday showed the number of Americans filing claims for unemployment benefits unexpectedly fell last week, hitting their lowest level in seven months. The reports countered data this week showing manufacturing activity contracting for a fourth straight month in November, a slowdown in growth in the services sector as well as a drop in construction spending in October. The latest data suggested the … [Read more...] about U.S. trade deficit shrinks sharply; labor market tight