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Loss Of Advertisers Knocks Facebook’s Market Value Down $56B

PYMNTS

percent on Friday, the highest amount in months, and the company’s market value fell $56 billion. In 2018, as the midterm elections were approaching, Senators Mark Warner of Virginia and Amy Klobuchar of Minnesota sent an open letter to Zuckerberg critiquing his then-new ad policy of requiring those buying ads to note who paid for them.

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DTC Brands Fill Pricing Gap In Outdoor Furniture Market

PYMNTS

Yardbird’s concept, which has grown into a brand with an eCommerce website and a showroom in Minnesota, offers 10 furniture collections. Yardbird always provides white-glove deliveries in Minnesota, while customers in other locations have to request the offering. The Showroom Experience. It’s very minimalist,” Dillon said.

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Travel Management Firm CWT Pays $4.5M In Bitcoin To Hackers

PYMNTS

The news service said it learned details of the negotiations between Minnetonka, Minnesota-based CWT and the unidentified hackers because the talks played out in a publicly viewable chat room. “RagnarLocker is a simple ransomware, much like others that exist in the criminal market. Corporate travel manager CWT paid $4.5

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Supermarkets Hoard Staples For Holidays, COVID Resurgence

PYMNTS

General Mills , a global manufacturer and marketer of branded consumer foods based in Minnesota, said it still can't keep up with demand for Progresso soup, Betty Crocker cake mixes and Pillsbury refrigerated dough. Production capacity has increased, and 30 outsourcing partners have been hired since March, WSJ reported.

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St. Louis Colleagues Rank Perficient a Top Workplace in 2020

Perficient

Louis office including Marketing, Finance, Legal, HR, IT, Digital, and the St. This year, Perficient has been named as one of the 2020 Best and Brightest Companies to Work for In Chicago , 2020 Top Workplace in Minnesota, and a 2020 Top Workplace in Atlanta. The Significance of Being Named a Top Workplace in 2020.

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4 trending social media tips to know

Independent Banker

The Social Bankers, a collective of community bank marketers, offers inspiration, information and professional development advice to community bankers focused on marketing and social media. And that means it can be a challenge to keep up with the latest trends in social media marketing. Illustration by miakievy/iStock.

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Uber Sets Grubhub Value At $6B As Takeover Talks Go On

PYMNTS

Like other mergers, the major impetus for the two food ordering and delivery business giants to become one is the enormous amount of money that would be saved from eliminating redundant functions, such as human resources, accounting, IT, marketing, sales and office administration.