Posted by Shirley Brady on May 23, 2012 08:50 AM
Facebook I.P.O. raises regulatory concerns, as regulators review Morgan Stanley's pre-Facebook IPO actions and the social network's share price drops 18% below IPO price and shareholders worry. NASDAQ is also being sued by an irate investor, while Facebook, its bankers and CEO Mark Zuckerberg are also being sued. One hot commodity: Zuckerberg's post-IPO secret wedding to Priscilla Chan sees Claire Pettibone-designed wedding dress "go viral."
Apple's iPad played a key role in the largest debt restructuring in history, with 100 iPads saving Greece $140 billion. European banks were less prepared for the Greek economic crisis.
SAP to acquire Ariba for $4.3 billion in push into cloud.
Alcatel-Lucent technology made the Internet five times faster.
Amazon's massive cloud business raises questions.
FOX's American Idol lost nearly a quarter of its still-huge audience this season.Continue reading...
in the spotlight
Posted by Sheila Shayon on May 8, 2012 05:06 PM
Visa is launching a beta test of its digital wallet, branded as V.me, with online retailer Buy.com. The PayPal-esque payments system is supported by the credit card brand's new Visa Developer Center that aims to help developers in various fields from gaming, financial, e-commerce and mobile integrate V.me into their products for in-app purchases, currency or direct links to e-commerce check-out pages.
V.me is offering convenience and "next generation commerce" to Buy.com’s 18 million customers who enter their credit card information once, where it’s stored with Visa, and then create an account with Visa, American Express, MasterCard or Discover. Users will receive alerts and near-real-time transaction notification of transactions on their Visa accounts and personalized offers will be coming soon.Continue reading...
Posted by Dale Buss on April 18, 2012 09:01 AM
Amazon plans to republish James Bond novel series.
Apple and Samsung are ordered into a patent-settlement conference, while Apple pressures Beijing with iPad snub.
Eatzi's expands into new locations.
Berkshire Hathaway will remain firmly under Warren Buffett's control as he undergoes prostate-cancer treatment.
Best Buy sees CEO search influenced by founder.
Bristol-Myers Squibb tops Corporate Responsibility Magazine's Best Corporate Citizens 2012 ranking.
Chevrolet touts Volt with Klout.
Citicorp sees executive pay plan ovewhelmingly rejected by shareholders.Continue reading...
Posted by Dale Buss on March 30, 2012 08:56 AM
Apple grapples with Foxconn labor audit.
BP says Gulf oil spill was smaller than claimed.
Best Buy reboots big-box format.
BlackBerry owner RIM sees former co-CEO depart amid $125 million loss, trims exec staff, and explores strategic options including sale of Canada's troubled smartphone-maker.
Burger King sells 278 restaurants to biggest franchisee; tests new menu items; cedes U.S. crown to Wendy's; and brings lamb burgers to the U.K.
CBS and Turner boost digital ad sales through March Madness.
Chrysler unveils new spots to follow Super Bowl's "Halftime in America" commercial with Clint Eastwood.
Daimler and BYD announce Denza, a new EV auto brand for China.Continue reading...
Posted by Dale Buss on March 16, 2012 09:04 AM
Airbus sees more jet orders held up in emissions row with China.
American Airlines races against clock in bankruptcy court.
Apple faces pressure over app store fraud as fans line up around the world for new iPad.
BCE buys Astral Media for $3 billion, shakes up Canadian media landscape.
Centers for Disease Control launches grisly new anti-smoking ad campaign.
China corporate espionage makes cover of Bloomberg Businessweek.
Cisco increases focus on video delivery with purchase of NDS.
Derek Lam resigns as creative director of Tod's.
Disney pulls in movie production reins after John Carter flops.Continue reading...
Posted by Sheila Shayon on March 1, 2012 12:05 PM
MasterCard is once again sponsoring the UN's Project Inspire 2012: 5 Minutes to Change the World, following the success of last year's campaign.
Joined by the Singapore National Committee for UN Women and academic partner INSEAD, Project Inspire offers 18-35 year-olds a 5-minute platform to pitch an idea and win a $25,000 grant supporting an existing women’s empowerment program in Asia/Pacific, the Middle East or Africa, helping women and girls sustain livelihood through entrepreneurship.Continue reading...
Posted by Michael Waltzer on December 5, 2011 04:04 PM
Tomorrow is Christmas, you have company over, and you just remembered that you need one more gift but only have minutes to do so. You run to the toy store around the corner, pick up the oh so precocious teddy bear your cousin's always wanted, and now it's time to pay. DING. And you're outta there!
That's the theme in MasterCard's new advertising campaign, created by R/GA. The commerce giant's campaign consists of a series of 15 second spots that all feature situations (usually humorous) that show how easy and fast it is to make a payment with MasterCard PayPass and Google Wallet.
The spots will be appearing on Taxi TV, the in-taxi entertainment system cabs used in New York City currently running MasterCard's Priceless New York campaign (New Yorkers will recognize the one set in FAO Schwarz), as well as banner ads for a variety of popular websites including Mashable, TechCrunch, and Wired.
It's a smart place to run the ads in the backseat, because not everyone carries cash in cabs, but most people do carry their phones — and they're a captive audience. Watch more of the spots below:Continue reading...
Posted by Abe Sauer on October 21, 2011 12:16 PM
Wikileaks spoofed Mastercard's "Priceless" campaign this week. Watch the spot below, along with new perfume commercials featuring Scarlett Johansson and Christina Aguilera, plus place branding with a twist and more.Continue reading...