Posted by Sheila Shayon on February 3, 2014 03:26 PM
At a critical juncture for Apple, the house that Jobs built is now turning to health and fitness as the antidote to slipping iPhone sales and public criticism that the brand has lost its defining innovation and design mojo.
The company is reportedly working on a sensor-laden iWatch that works in tandem with a “Healthbook” app to monitor and store personal data on steps taken, calories burned, blood pressure, hydration levels and other blood-related metrics like glucose levels, following the growing popularity of health-monitoring devices like Nike's FuelBand, FitBit and dozens of others than debuted at this year's CES.
Apple executives Jeff Williams, SVP operations, Bud Tribble, VP software technology, and Michael O’Reilly, a recent hire and former chief medical officer for Masimo, creator of non-invasive technology that measures blood oxygen, met in December with Food and Drug Administration Commissioner Margaret Hamburg about “mobile medical applications," according to the New York Times.
Mark A. McAndrew, a partner with Taft Stettinius & Hollister said the out of the ordinary meetings signaled that, “They are either trying to get the lay of the land for regulatory pathways with medical devices and apps and this was an initial meeting, or Apple has been trying to push something through the FDA for a while and they’ve had hangups.”Continue reading...
Posted by Mark J. Miller on January 31, 2014 02:53 PM
It's been nearly six months since Microsoft launched its CEO search and announced that Steve Ballmer would be stepping down. And while months of rumors have led industry analyts to mull who might fill the seat, from Ford CEO Alan Mulally to Ericsson's CEO Hans Vestberg, it seems a candidate has finally been confirmed.
According to reports, Satya Nadella, who leads Microsoft's cloud and enterprise group, is now the internal frontrunner, with a possible announcement coming in early February, according to Re/code. That doesn't mean that Nadella is the only remaining candidate, however. According to reporting (that's been disputed) by SiliconANGLE, Google SVP of Chrome and Apps, Sundar Pichai, is still being wooed by Microsoft's board.Continue reading...
Posted by Sheila Shayon on January 30, 2014 02:28 PM
Google’s mobile phone experiment has ended after just 22 months with the announcement that it sold Motorola's handset business to China's Lenovo Group for $2.91 billion.
Following its $12.5 billion purchase of Motorola Mobility in 2012 to "supercharge Android," Google has uncharacteristically struggled to boost its market share in the mobile hardware business, with Motorola's global share of the smartphone market falling to about 1 percent in 2013.
So while Google will retain Motorola's bank of 20,000 patents to be used to build up its successful Android brand, the aging brand's fate in hardware now lies in the hands of Lenovo—a little-known Chinese company that has been making some big moves in the tech world lately. In a blog post on the news, Motorola hailed Lenovo as its new brand steward.
“Lenovo has the expertise and track record to scale Motorola into a major player within the Android ecosystem,” Google CEO Larry Page wrote in a blog post about the sale. His sentiments are echoed by IDC analyst Ramon Llamas, who told the Wall Street Journal, "This gives Lenovo the all important foothold to get into North America.”Continue reading...
Posted by Dale Buss on January 30, 2014 09:26 AM
Google sells Motorola to Lenovo for $2.9 billion but is keeping patents, as company wins from Super Bowl-advertising activity on web.
Facebook reports 64 percent jump in fourth-quarter revenue thanks to continued growth in advertising on mobile.
Nintendo tries to save its gaming kingdom but still rules out smartphones.
Apple restructure of website may point to new Apple TV focus.
Delta Airlines goes Eighties in latest creative safety video.
Dow Chemical defends spinoff strategy.
Fiat Chrysler Automobiles scraps dividend and gives glum outlook for Europe and Brazil.Continue reading...
Posted by Dale Buss on January 2, 2014 09:01 AM
Snapchat and Skype suffer major security breaches.
Fiat buys rest of Chrysler from UAW and won't do IPO.
Revlon pulls out of China.
Airbus Group rebrand takes off.
Apple denies claims it's cooperating with NSA.
Berkshire Hathaway fails to post customary growth.
Boeing creates tensions within union by important vote on Friday.
Cracker Barrel says it's not for sale.
FedEx faces legal assault over cigarettes sent to New Yorkers.
Ford adds solar cells to recharge electric concept car and retains title as top-selling US car brand.Continue reading...
Posted by Sheila Shayon on December 3, 2013 03:53 PM
Cyber Monday sales set a new one-day record for online shopping yesterday with an increase of 20 percent over 2012, while mobile sales increased 55 perent year-over-year and now account for more than 17 percent of total online sales for Cyber Monday.
Walmart, Amazon and eBay were the day's big winners, as Walmart.com quickly sold out of its entire stock of PlayStation 4 and Xbox One consoles, with CEO Joel Anderson proclaiming, "There's no way ... that it won't finish as our biggest Cyber Monday ever," according to USA Today. "I think 2013 will be remembered as the year online went mobile."
Amazon offered half-off Mattel and Fisher-Price products, 46 percent off a Canon digital camera and 65 percent off men and women’s cashmere, while eBay promoted more than 80 percent off diamond stud earrings.
Most consumers accessed the deals via tablets, while mobile phones were used most for browsing. Tablets accounted for 12 percent of purchases versus 5.5 percent from smartphones.Continue reading...
Posted by Dale Buss on December 3, 2013 09:13 AM
Amazon finds sales-tax challenge rejected by US Supreme Court as it opens holiday pop-up shops in malls across America.
Facebook adds more "news" to news feed as site proves its worth to CPG marketers.
Chrysler posts 16 percent rise in November sales.
Apple buys Twitter-data tool.
Audi seeks edge over BMW in high-tech headlights.
BP could be spared hundreds of millions by court ruling.
Canon connects consumers with Santa.
Constellation Brands is alleged to mislead on US beer prices.
Cyber Monday blew past $2 billion in online sales.
Dow Chemical launches margin-boosting makeover and considers name change.
Enterprise launches loyalty points-doubling promotion.Continue reading...
Posted by Alicia Ciccone on November 27, 2013 09:23 AM
NHL makes NFL play with more unscripted programming, outdoor games—and concussion lawsuits.
Boston Market expects to see biggest Thanksgiving sales yet.
Burberry appeals China ban on trademark pattern.
Atlanta Braves see council approve $300 million, move to suburbs.
BlackBerry rolls out BBM social network.
Burger King expands presence in France.
Facebook tries to find balance with onslaught of sponsored posts.
Instagram is now publishing a new ad almost every day.
L'Oreal names new global CMO.
Louis Vuitton stunt in Moscow's Red Square doesn't go over well.Continue reading...