Posted by Sheila Shayon on August 21, 2013 05:08 PM
Lately, major brands are hell-bent on bringing internet access to the masses, even if it's by balloon. Now, Facebook CEO Mark Zuckerberg is heading up a group of major tech brands to provide easier, more reliable access to the internet for all of the world's far off places.
Joined by Ericsson, MediaTek, Nokia, Opera, Qualcomm and Samsung, the initiative, dubbed Internet.org, aims to simplify phone applications and improve mobile efficiency in order to provide more affordable access on the most basic mobile phones.
“The Internet is such an important thing for driving humanity forward, but it’s not going to build itself,” Zuckerberg told the New York Times. “Ultimately, this has to make business sense on some time frame that people can get behind.”Continue reading...
Posted by Ben Berkon on July 24, 2013 12:43 PM
Apple’s comparatively diminutive third quarter earnings might have exceeded market expectations, but the announcement also solidified Samsung’s place as the worldwide smartphone king. Apple reported sales of $35.3 billion and a profit of $6.9 billion, down 35 percent and 46 percent, respectively, since the first quarter. In fact, Samsung earned $1.43 billion more in profit last quarter than Apple.
The mounting issue in Apple-land is that the company has failed to truly release a new, innovative product since the iPad. While iPhone sales jumped 20 percent to 31.2 million, the company's most popular product continues to be one of the most expensive smartphones on the market—posing a great opportunity for competitors like Samsung, BlackBerry and Nokia to tout their similar products and more cost-efficient models.
To Apple’s credit, the company has attempted to expand its brand into new realms. The debut of iTunes Radio, for instance, could give cornerstones Spotify and Pandora a run for their money. But perhaps the most interesting addition was hiring fashion guru Paul Deneve as a chief-level “special projects” officer. The assumption is that Deneve will lead Apple’s charge into wearable technology, most notably with the rumored iWatch
But radio and a watch might not be enough to save the once indestructible brand.Continue reading...
Posted by Dale Buss on July 18, 2013 09:32 AM
CVS and Walgreens ban Rolling Stone over Tsarnaev cover.
Coca-Cola ad banned in UK over exercise claims.
Ryanair to sell advertising on planes.
Dell putting off vote today on founder's buyout proposal.
ArcelorMittal scraps steel project planned for India.
CBS markets new show using American flags as mouth gags.
Carrefour gains ground in France.
Eli Lilly plans to freeze wages to cope with patent cliff.
Ford makes inroads on Toyota in California.
Formula One CEO indicted for bribery.
Fox tries for comic-book comeback with movies.Continue reading...
Posted by Dale Buss on July 12, 2013 09:12 AM
P&G changes Tide Pods packaging to look less like candy.
Chobani lures Kellogg exec to run day-to-day operations.
Walt Disney says transactional wristbands raise sales at Disney World.
ABC sees The View retain vital role in daytime TV.
AT&T pitches Mariano Rivera promo to Yankees fans.
BP blanches at bill for Gulf cleanup.
DDB Chicago CEO heads to Chobani for chief marketing role.
Dell eyes more R&D as key to revival while Carl Icahn says he'll sweeten his offer for company.
GM seen not adding to ownership in Peugeot.Continue reading...
brands under fire
Posted by Ben Berkon on July 10, 2013 12:46 PM
It's been quite a while since US phone users considered purchasing a BlackBerry device in favor of Apple’s iPhone or Google’s Android.
In April 2012, when CEO Thorsten Heins took over Research in Motion Ltd. (RIM), the Canada-based BlackBerry manufacturer, he hoped the supposedly state-of-the-art BlackBerry 10 software (and re-invented touch screen and keyboard phones) would put RIM back on the map. He even enlisted Alicia Keys as Creative Director, following in the footsteps of other high-profile brand/celebrity collaborations. But the heavy investment in the company's future doesn't have much to show for itself yet. After a reported $84 million loss in June, the stock endured a 28 percent drop. New phone sales, in general, lagged.
At the company's annual shareholders meeting on Tuesday, Heins tried to downplay the elephant in the room.Continue reading...
Posted by Dale Buss on July 3, 2013 09:15 AM
Lululemon sued by shareholder over sheer pants debacle.
Apple poaches YSL CEO Paul Deneve to run special projects.
Avon sells jewelry business at big loss.
Obamacare employer-penalty requirement is delayed for a year.
Audi tops premium auto brands in China satisfaction survey.
Auntie Anne's expands breakfast rollout.
BMW trims Mercedes-Benz sales lead in US.
CNN enjoys ratings boost.
Coca-Cola promotes Mexican soccer team in new campaign.
Dell sees pressure build on founder to contribute more of his wealth to buyout.Continue reading...
Posted by Dale Buss on July 1, 2013 09:15 AM
Facebook plans to block ads from broader set of "controversial" pages.
Tribune Co. acquires 19 TV stations to become biggest station operator.
Apple paid no UK corporation tax last year, report says as it applies for "iWatch" trademark in Japan.
Amazon quietly lays plans to sell high-end art.
Bank of America commits to "culture change" that will help in Chicago market.
CBS breaks summer ratings mold with success of Under the Dome.
Chobani undergoes another agency review as it fends off stiffening Greek-yogurt competition.
Cirque Du Soleil deals with death of performer in Las Vegas.
Coca-Cola and PureCircle seek regulatory approval for new stevia-based ingredient.Continue reading...
Posted by Dale Buss on June 20, 2013 09:21 AM
Sopranos star James Gandolfini dies of a heart attack at age 51.
Men's Wearhouse fires founder and chairman, George Zimmer.
Dolce & Gabbana namesakes are convicted of tax evasion.
Dunkin' Donuts to sell gluten-free doughnuts.
BSkyB cleared in sports advertising spat with rival BT.
Bud Light hopes BBDO can make ads awesome again.
Chipotle identifies its GMO ingredients.
Chrysler recall-resistance tactic may spread in auto industry.
Facebook plays catch-up in video.
GM sticks to China growth plan.
Google threatened with privacy fine in France.
Woody Harrelson launches eco-friendly paper brand.Continue reading...