News 

O2 and Vodafone extend UK network sharing deal to include 5G

“LONDON (Reuters) – Telefonica’s O2 and Vodafone have stepped up their challenge to British market leader BT by extending their network sharing deal to cover 5G, enabling them to accelerate the deployment of the faster mobile service at a lower cost” writes Midwest Communications Inc for 95kqds.com. The two companies formed a joint venture in 2012 to help share the cost of rolling out faster networks as customers sought ever more data to access the internet from their phones.”We believe that these plans will generate significant benefits for our business…

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News 

Don’t Pay to Acquire Your First Users

“We acquired more than 100,000 users through organic channels – 85% through organic Google search – with no marketing spend” writes San Francisco for kapwing.com. Our organic traction meant we were in a much better position to raise a seed round from investors last summer.By trying to get organic traction, you’ll learn more about the adjacent markets and channels that affect your niche market.I think spending money to acquire your first customers is an unhealthy approach to product validation and, frankly, a waste of capital.In contrast, the customer acquisition cost…

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Markets News 

Market report: Kingfisher dives to near eight-year low

“B&Q owner Kingfisher neared an eight-year low on a subdued market as analysts warned impatient investors that its ailing French business Castorama will need time to improve” writes Ashley Armstrong for telegraph.co.uk. RBC Capital Markets told clients that it will “take time” for Kingfisher to improve Castorama’s online offering and entice customers with lower prices.It argued in a downgrade to “underperform” that the French chain’s “big box DIY stores” offer customers neither an “experience” or “convenience”. Source: telegraph.co.uk

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BOTOX: Superdrug Introduces New Mental Health Checks Before In-Store Botox

“Superdrug has introduced new mental health checks for customers wishing to undergo Botox in stores after experts raised concerns over the service” writes Rachel Moss for huffingtonpost.com. Since the launch, customers wishing to undergo Botox have been required to have a consultation with a qualified nurse.Prospective customers will now receive an extended hour-long consultation and nurses have been trained to specifically ask questions related to body image and body dysmorphia disorder. Source: huffingtonpost.com

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Netflix says its new price hike won’t kill growth, but data suggests $15 per month could be a much bigger problem

“At the time, analysts at UBS surveyed customers and 41% said they would accept no price increase for Netflix” writes Nathan Mcalone for businessinsider.com. Business Insider used SurveyMonkey Audience to ask at what price Americans would consider canceling their Netflix account.So yes, we believe the price increase will stick.”.  Source: businessinsider.com

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News Platforms 

Microsoft tells users to switch to iOS or Android as Windows Phone set for obsoletion

“How do you feel about Microsoft formally urging any remaining users to switch platforms?” reports 9to5mac.com. However, Microsoft’s recommendation to customers comes under the section “What should Windows 10 Mobile customers do now?” With the Windows 10 Mobile OS end of support, we recommend that customers move to a supported Android or iOS device. Source: 9to5mac.com

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Signet Jewelers’ has agreed to an $11M settlement for alleged fake accounts

“Signet Jewelers, the parent company of jewelry brands such as Jared, Kay Jewelers, and Zales, agreed to an $11 million settlement with the Consumer Financial Protection Bureau (CFPB) and New York Attorney General for penalties related to allegedly opening credit card accounts without customer consent, according to The Wall Street Journal” writes Rachel Green for businessinsider.com. In a moment where issuers are competing to win market share among customers with a high appetite for credit, fake account scandals could ultimately erode consumer loyalty and trust. Source: businessinsider.com

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Walmart and CVS just resolved their $4 billion dispute over where you can pick up your prescriptions

“The companies said Friday that they had reached a multi-year agreement to let customers of CVS Caremark continue to pick up their prescriptions at Walmart pharmacies” writes Zachary Tracer for businessinsider.com. Walmart and CVS Health have resolved a dispute that threatened to make it harder for some customers to pick up their prescription drugs, just days after it burst out in public.On Monday, CVS had said that some Caremark customers would soon be prevented from picking up their drugs at Walmarts, because of a pricing dispute. Source: businessinsider.com

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