Posted by Dale Buss on February 24, 2014 09:14 AM
Mobile World Congress gets underway in Barcelona, as Nokia unveils its first Android phone, Samsung drops Android for its new smartwatch, Mozilla promises to deliver a $25 smartphone and Sony tries to crack smartphone market.
Honda appoints first woman to its board and starts making Fit cars in Mexico.
Barnes & Noble sees conditional acquisition offer.
Apple and Samsung fail to settle US patent case.
Best Buy and JCPenney will be reporting earnings this week, hoping to show signs of turnaround.
Brahma finds unique way to merge soccer and beer in Brazil.
Budweiser launches special-edition World Cup bottle.
CNN pulls the plug on Piers Morgan primetime show.
Ford reportedly swaps Microsoft for BlackBerry in Sync.
Glanbia may be trying to acquire Muscle Milk parent CytoSport.
Jaguar Land Rover presses dealers for customer data.Continue reading...
Posted by Sheila Shayon on February 20, 2014 10:57 AM
In its largest acquisition to date, Facebook announced Wednesday that it will buy mobile messaging juggernaut WhatsApp for $19 billion in cash and stock, a massive landgrab that will cement Facebook's international growth plans.
Widely used in Europe, India and elsewhere for sending text, images, audio and video messages over the internet for free, WhatsApp has 450 million active users, and adds nearly 1 million new users everyday that send over 50 billion messages daily. And while Facebook may rule the messaging roost in the US and Canada, WhatsApp was too far ahead of the international game for Facebook to even consider trying to play catch-up.
With a youthful user-base that is snapping up mobile technology across emerging markets in Asia, South America and Africa, it's a safe bet to say that most of them will be using a Facebook-owned app in the future despite their growing habits to eschew mainstream social networks like Facebook itself.
The huge move is indicative of Facebook's coming of age, the New York Times notes: "The company intends to acquire or build a family of applications instead of simply buttressing its core social network."Continue reading...
Posted by Dale Buss on February 14, 2014 09:12 AM
P&G begins considering candidates to succeed CEO Lafley (again) as it holds early lead in Sochi social media derby.
BP must face shareholder suit over 2006 Alaska spill.
Uber officially launches in China, but under new, localized brand name.
Apple continues hiring spree to devleop iWatch.
BMW plans to bring back BMW Films as it unveils first front-wheel-drive model.
Burger King global sales rise while North America drops, but company reaps benefits of refranchising.
CVS Caremark tests telehealth sites.
Carnival Cruise Lines sees image back on upswing.
Charter turns from Time Warner Cable to pursue other acquisitions.
Cheesecake Factory holds off on tablets.
Danone struggles to claw back market share in China.
“Dumb Ways to Die” returns with Valentine’s Day tribute.Continue reading...
Posted by Dale Buss on February 10, 2014 09:12 AM
McDonald's US sales feel January chill.
Nike's Kanye West surprise sale sees red hot shoe sell out in 10 minutes.
Deutsche Telekom buys rest of T-Mobile Czech arm as Vodafone bids for Spain’s Ono.
Tesla bumps Mercedes-Benz in Consumer Reports survey.
AMC misfires with Walking Dead zombie stunt.
AOL CEO takes back "distressed babies" comment after mother speaks out.
Apple sees Carl Icahn drop buyback demand.
Asiana Airlines seeks "cockpit culture changer" after US crash.Continue reading...
Posted by Dale Buss on February 4, 2014 09:08 AM
Microsoft confirms rumored frontrunner Satya Nadella as new CEO. Bill Gates is stepping down as chairman but remaining on the board.
Facebook celebrates 10 years by thanking its 1.23 billion members as rumored "teen problem" may be overblown.
AT&T hails Olympians with new app.
Lenovo and Sony reportedly eye PC business alliance.
Nestle sells PowerBar, Musashi brands to Post.
Alfa Romeo names new rear-wheel drive platform “Giorgio.”
Apple, Microsoft join carriers in $750M pledge to education.
Apple is reportedly building out its own content delivery network.Continue reading...
Posted by Dale Buss on February 3, 2014 09:23 AM
Apple meets with FDA over mobile medical apps and reportedly explores alternative energy sources.
Chrysler posts 8 percent increase in January sales and re-brands to "America's Import" in Super Bowl.
Walmart cuts outlook as new CEOs take office on Feb. 1.
AT&T cuts family-plan mobile pricing as competition heats up.
Bacardi shakes up safety efforts at Jacksonville plant after death.
Bank of America reaches $8.5 billion settlement.
Facebook toys with anonymity.
Honda touts vehicles' safety performance in wake of Bruce Willis Super Bowl ad.
Jos. A. Bank rebuffs Men's Wearhouse again.
Keystone XL gets a green light.
Maserati touts its return to US in Super Bowl spot.Continue reading...
Posted by Dale Buss on January 31, 2014 09:33 AM
Microsoft reportedly preparing to name its cloud chief Satya Nadella as new CEO and contemplating removing Gates from Chairman role.
Saks plans to push harder at high and low ends of luxury market.
Facebook mobile ad boom adds $3.2B to Mark Zuckerberg’s wealth as social network announces news app, Paper.
Amazon may raise Prime membership price as stock drops on disappointing earnings report.
Anthem blames Obamacare for hiking premiums.
BMW assesses demand as i3 buyers face six-month wait.
Beyonce is now the focus of a university course.
Burger King tests chicken-and-waffle sandwich.Continue reading...
Posted by Dale Buss on January 29, 2014 09:13 AM
IKEA CEO vows e-commerce and delivery expansion as store sales fall.
P&G will cut phosphate in all laundry soaps by 2016.
Rovio reassures Angry Birds users it’s not complicit with NSA, rethinks ad relationships.
Abercrombie & Fitch strips CEO of chairman title.
Beats by Dre stars Ellen Degeneres in Super Bowl ad.
Bruegger's unveils new restaurant prototype.
Cheerios plans Super Bowl spot reprising mixed-race family.
Chrysler posts third straight annual profit but Fiat scraps dividend to save cash.
Comcast grows TV subscribers for first time in 6 years.
Coors Light wants NHL Stadium Series in Rockies.
Dow Chemical swings to profit on sales growth in most businesses.
EA sees sales of older games drop.Continue reading...