Posted by Dale Buss on September 8, 2014 09:23 AM
Alibaba kicks off road show today for potential largest IPO.
Apple nears launch of new iPhone as lines form and carriers' strategy of scaling back subsidies poses risks, while company gears up to market larger screens.
Electrolux buys GE appliance business.
Nissan wins real-time marketing with 7-minute Twitter response to Royal Baby news.
GM plans to launch hands-free driving by 2016.
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Activision launches huge promotion to make a megahit out of "Destiny" game.
Amazon is in talks to sell Fire phone exclusively through Telefonica's O2 in UK.
Annie's organic brand sells to General Mills.
Boeing and Ryanair plan major fleet announcement.
Bud Light faces gripes at end of "Whatever" event in Crested Butte, Colo.
Campbell Soup swings to profit on higher sales.
Chick-fil-A observes death of founder S. Truett Cathy.Continue reading...
Posted by Dale Buss on September 4, 2014 09:27 AM
Apple sees acolytes start lining up for iPhone 6 as Samsung reveals its latest futuristic devices.
Home Depot tries to reassure customers about possible data breach.
Lego becomes world's largest toy maker on The Lego Movie success.
Lincoln launches promised ad campaign starring Matthew McConaughey.
Neiman Marcus plans to open first NYC store.
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About.com brings a fresh twist to native advertising.
Amazon launches streaming box in UK next month.
Baidu launches its own version of Google Glass (which Luxottica head disses) along with computer "brain" and indoor-mapping challenge to Alibaba.
Ben & Jerry's sponsors 9/21 global People's Climate March with 350.org.Continue reading...
Posted by Sheila Shayon on September 3, 2014 11:16 AM
Yahoo Style, the latest digital publication out of Yahoo's content push, debuts today as a “sophisticated, fresh take on fashion for everyone, from enthusiasts to those who love it from the sidelines” complete with celebrity Jessica Biel on the cover.
The digital magazine is the next step in CEO Marissa Mayer's media-focused expansion that includes Yahoo Food, Yahoo Movies, Yahoo Tech and Yahoo Beauty that launched in June. Joe Zee, Editor in Chief of Yahoo Style, joined a few months ago with “a mission to create a digital magazine that was a study in contrasts— accessible but aspirational, insider but inclusive," he wrote in a blog post on the brand's Tumblr. "For me fashion is storytelling and Yahoo Style is what I hope will be the must-land destination for great and stylish storytelling.”
The mobile-friendly platform is also a launchpad for Mayer's broader digital advertising strategy that she presented at Cannes Lions, with a hard focus on native advertising that seamlessly integrates ads and branded content for "advertising that is just as good, if not better, than the content around it," Mayer said.Continue reading...
Posted by Alicia Ciccone on September 1, 2014 09:53 AM
A&E buys 10 percent of Vice for $250 million.
Apple blocks developers from selling users' health data to marketers; bans hazardous chemicals following China investigation; reportedly strikes payments deal to make next iPhone a mobile wallet with American Express, Visa and MasterCard; sees iBeacon struggle with retailers; and grapples with possible iCloud (via “Find my iPhone”) hack that led to massive nude photo leak affecting Jennifer Lawrence and other actresses.
Nike re-signs (Under Armour-wooed) NBA star Kevin Durant to sneaker deal rumored to be worth $350 million.
Disney files patents for drone-controlled puppets as Google drones find better reception than Amazon tests.
P&G's Tide brand honors uniformed workers on Labor Day (above).
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Alibaba faces stiffer homegrown competition ahead of upcoming IPO.
Art Everywhere partnership brings culture to outdoor advertising.
Bayer brings “world’s hangover cure” Berocca to US.
BMW sees bomb-proof fleet get big buy-in from Australian government for G20 Summit.
Comcast acquisition of Time Warner Cable protested by entertainment giants.Continue reading...
Posted by Sheila Shayon on August 29, 2014 01:06 PM
Three Chinese billionaires are partnering to take on Alibaba as it prepares for what may be the largest IPO ever.
Wanda Group, China’s largest commercial land developer, Tencent Holdings and Baidu, will create a 5 billion yuan ($813 million) joint venture e-commerce company, "Wanda E-Commerce Company" that Wanda will control 70 percent of. The venture marries Tencent’s WeChat social messaging network, Baidu’s search engine prowess and Wanda’s 40 hotels, 49 commercial holdings and 40 department stores in a Chinese market that is already home to the world's biggest e-commerce operations, which are projected to hit $395 billion by 2015
“It’s a very interesting battle to watch—three top rich people join hands to challenge another bigger billionaire,” Cao Lei, director of the China E-Commerce Research Center, told Bloomberg. “The new venture will not be an immediate challenge to Alibaba. Rome can’t be built in a day.”
Indeed, Alibaba is a lot to reckon with. In the last quarter, the company's income rose to $1.1 billion, 42 percent higher than Amazon and eBay combined for the same period. Jack Ma, Alibaba’s founder, is China’s richest person with $21.8 billion, according to the Bloomberg Billionaires Index.Continue reading...
Posted by Dale Buss on August 29, 2014 09:34 AM
Abercrombie & Fitch sheds logo-bearing clothes as Hollister brand struggles in UK.
China's Tencent, Baidu, and Wanda set up e-commerce company to take on Alibaba.
Google develops delivery drones in Project Wing as its tech chief is considered leading candidate for US CTO.
Rovio Entertainment, parent company of Angry Birds franchise, says CEO will step down amid company's struggles.
Walmart looks online for Chinese growth.
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Apple tries its midas touch on wearables.
Bud Light faces backlash over town-takeover stunt.
Centerplate faces calls for ouster of CEO after he abuses dog on video.
Dairy Queen investigates possible data breach.
Denny's arrives in New York City with $300 champagne brunch.Continue reading...
Posted by Dale Buss on August 28, 2014 09:26 AM
Apple and Samsung face off in wearables market.
Nespresso launches $550-million sustainability strategy.
JPMorgan and other banks struck by hackers.
GlaxoSmithKline sees US accelerate human clinical trials of ebola vaccine, report says.
Kia plans $1-billion car assembly plant in Mexico and unveils redesigned Sorento.
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Alibaba sees results improve ahead of IPO.
Billabong sticks to turnaround plan despite losses.
Bissell Canada takes clean to a new level with Toronto subway stunt.Continue reading...
Posted by Dale Buss on August 15, 2014 09:34 AM
Coca-Cola buys 17 percent of Monster Beverage for $2.2 billion.
Samsung buys Internet of Things startup SmartThings.
SeaWorld bows to pressure, agrees to upgrade killer-whale habitats.
Walmart sales and traffic woes continue as CEO vows to fix problems.
Apple places pricey bet on sapphire screens and stores user data in China while CEO Tim Cook participates in ALS Ice Bucket Challenge.Continue reading...