Posted by Shirley Brady on July 14, 2014 08:33 AM
Alibaba files highly anticipated US IPO.
Citigroup agrees to announce $7 billion settlement with US Justice Department.
GM faces federal criminal case over alleged misleading statements.
Lindt makes biggest acquisition ever with Russell Stover purchase.
Germany's 1-0 World Cup win makes star of "Super Mario" Gotze (Google's nod, above).
MORE BRAND NEWS
AARP woos marketers with spending power of Americans 50+.
Apple denies China security allegations, may be seeking fresh ad direction.
Brand USA comes under fire by conservatives.
Burberry shareholders revolt over CEO Christopher Bailey's pay.Continue reading...
Posted by Dale Buss on July 8, 2014 09:09 AM
Crumbs Bake Shop closes its doors.
Greenpeace criticizes LEGO tie-in with Shell with LEGO-animated short film.
Samsung warns of slumping profits on weaker demand as it looks beyond hardware.
Tesla sued in China for trademark infringement.
Walmart embraces smaller store formats.
IN OTHER NEWS:
ADM buys Wild Flavors.
Abuelo’s refreshes menu and look for 25th anniversary.
Air New Zealand pulls in-flight safety video featuring scantily clad models.
Herb Allen’s Sun Valley media mogul conference kicks off.
Alibaba sees red flags raised by deals by founder Jack Ma.Continue reading...
Posted by Shirley Brady on May 29, 2014 08:29 AM
TOP 5 STORIES
Apple execs explain Beats acquisition as HP remains a Beats partner through end of the year.
Samsung announces prototype Simband personal health tech monitor with open cloud service.
BMW sees China as biggest electric car market, as Mercedes-Benz gives Chinese officials unprecedented access.
Pepsi Max unveils Idris Elba-directed short film (above) as part of #FutbolNow campaign.
Fender names U2's Bono and the Edge to its board.
MORE BRAND STORIES
Amazon tells customers to shop elsewhere in Hachette spat.
AriZona iced tea brand founders fight over brand value in court.
BlackBerry CEO defends strategy.
Bridgestone set to become Olympics sponsor.
Cadbury grapples with brand jihad in wake of pork discovery.Continue reading...
Posted by Mark J. Miller on February 25, 2014 06:42 PM
If there's any news worth reading about out of Mobile World Congress this week, it's that BlackBerry is essentially rising from the dead.
After falling from what was once the highest point on the smartphone mountain, the Canadian mobile brand looks to be making a comeback with new products, services and partnerships. But a big part of BlackBerry's comeback strategy isn't looking to the future—it's pulling from the past.
Along with lower-priced devices aimed at emerging markets in Asia, the brand “plans to offer a retro-styled device with a keyboard” and trackpad, the Wall Street Journal reports. It may seem antiquated, but the phone also has built-in Menu, Back, Send, and End buttons—all requests of longtime customers looking for that "classic" BlackBerry feel.
"We are definitely here to compete and make up some lost ground," BlackBerry CEO John Chen said, the Journal reports. Chen continues to be excited about the challenge BlackBerry has ahead of it: “This is like the third shift, sitting there, by myself…and trying to figure out where the problem is,” he said. "It could be devastating—you could be wrong. You could be working on a problem in circles and looking at the wrong places. But it could be really cool too.”Continue reading...
Posted by Sheila Shayon on February 25, 2014 12:33 PM
After a broad presentation at January's Consumer Electronics Show, debuting consumer facing products like a charging bowl, and some more in line with Intel's usual business in computing, the chip company has set out to make a global impression on the mobile market at Mobile World Congress.
Intel is using the MWC 2014 stage to outline its product roadmap and broader strategy to gain a bigger piece of the mobile industry market in 2014, including the launch of a 64-bit Atom processor, previously code-named Merrifield, and a 64-bit mobile Atom processor, code-named Moorefield, both of which are key ingredients in next-generation smartphones and tablets.
Matt Dunford, global Chief Benchmarking Manager at Intel, said these improvements maximize overall performance above that of Apple's A7 chip in the iPhone 5S, and Qualcomm's Snapdragon 800, and the battery life is superior to both as well.Continue reading...
Posted by Sheila Shayon on February 14, 2014 05:41 PM
Apple’s reputation as a tech innovator may be tarnished of late, but its corporate social responsibilties are shining more brightly as the company’s eighth annual supply-chain report said the company’s hardware factories do not use tantalum, a metal used in electronics, that is mined in areas currently engaged in warfare.
Warlords in the Democratic Republic of Congo profit from the sale of ores containing tantalum, as well as tungsten, tin and gold and grass-roots activists have called on corporate tech giants to keep "conflict minerals" out of their supply chain.
The report also uncovered fewer cases of child labor than last year: 23 underage workers as opposed to 74. Apple has been roundly criticized for using minors in its global supply chain for parts for iPhones and iPads which are made in 451 plants operated by various suppliers that collectively employ nearly 1.5 million people.
Apple relies heavily on Asian partners like Taiwan's Foxconn Technology Group and has been criticized for not interfering with mandates for excessively long workweeks at its supplier factories, of which several were cited for not paying workers for overtime and no providing insurance. However, according to the new report, Apple says that its suppliers have achieved an average of 95 percent compliance with its standard maximum 60-hour work week.Continue reading...
Posted by Sheila Shayon on January 27, 2014 07:33 PM
Taiwan's Foxconn Technology Group, best-known as the major (and controversial) supplier of Apple’s iPhones and iPads, will likely be building high-tech factories in the US and low-cost plants in Indonesia in a major manufacturing shift away from China.
Labor issues and rising costs integral to "made in China" are forcing the world’s largest contractor of electronic products to stray from the motherland. "Foxconn has no choice but to do it," said Danny Lee, fund manager of Mega Financial Holdings, according to Reuters. "China is no longer a manufacturing hub for companies worldwide, especially so for the PC industry."
Foxconn Chairman Terry Gou, speaking at the company's 40th anniversary gathering yesterday, said, "Automation, software and technology innovation will be our key focus in the US in the coming few years."Continue reading...
Posted by Dale Buss on January 27, 2014 09:14 AM
Microsoft posts record sales as Ballmer prepares exit; competes with Amazon on cloud storage prices; admits to Syrian Electric Army email breach; and releases global study on power of technology.
Google pushes back against data localization, faces protest in San Francisco, buys artificial intelligence startup DeepMind and announces global patent agreement with Samsung.
Apple reportedly eyes mobile payments service, as hopes are high for Q1 earnings release on Monday.
AIG says it’s on offense as corp rep restored.
AT&T quashes rumors of Vodafone bid.
Accenture tries to grab STEM graduates early.
Ally Financial readies pre-IPO roadshow.Continue reading...