The latest branding and marketing news, campaigns and other happenings:
Airbnb closes in on $1.5 billion fundraising that would boost valuation to $24 billion.
Apple reportedly starts production on iPhones with force touch as Apple Music gears up for Tuesday launch (with Sonos speakers to follow) and Spotify welcomes the competition. Apple CEO Tim Cook, meanwhile, led 8,000 employees in San Francisco Pride parade.
Hyundai confirms NFL deal:
— Hyundai USA (@Hyundai) June 29, 2015
IN OTHER NEWS:
Amazon promotes Amazon Web Services with pop-up lofts in SF and NY.
Aston Martin extends brands into yachts.
BMW‘s latest sedan is a high-tech flagship.
Bugs Bunny and Scooby Doo stage a comeback for Turner.
Burger King may expand vegetarian menu from India to other markets.
Chrysler recalls some Jeep Grand Cherokees and Dodge Durangos.
ConAgra‘s new CEO gets ready to face Wall Street.
eBay board of directors approves PayPal split.
Elon Musk‘s SpaceX suffers setback with explosion.
Estee Lauder lowers brands’ prices in China.
Facebook disappoints with its workforce diversity report.
FedEx wins EU approval for $4.9 billion TNT bid.
FIFA challenged by Spanish league over switching 2022 World Cup dates.
GE strikes multibillion-dollar deal to sell fleets.
GM names first Aussie GM of Holden automotive in 25 years.
Honey Maid extends “This Is Wholesome” campaign for July 4th holiday.
JetBlue launches new fare bundles to turn around revenue.
Justin Bieber, inspired by Kanye West, plans own fashion brand.
Kellogg plans to increase mobile spending.
Kendall Jenner leads brands’ choices for celebrity ambassadors.
La-Z-Boy turns 88 by embracing data and innovation.
LeBron James opts out of $26 million Cleveland Cavaliers contract.
Lenovo looks to ThinkPad for laptop design.
Lionsgate names new chief brand officer.
Porsche ad using neuroscience draws skepticism.
Samsung aims to double battery life in phones.
Maria Sharapova looks to post-tennis career expanding Sugarpova brand.
Starbucks tests drive-thru location in Michigan.
Tilley Endurables, Canada’s expedition hat and travel apparel brand, is sold to Hilco.
Tom Cridland British apparel brand offers 30-year guarantee.
Toyota refreshes “Let’s Go Places” campaign for Camry and Corolla models.
US ad spending fell roughly 4 percent in the first quarter, dropping to $37.4 billion.
Volkswagen confirms 268 mph Bugatti and new budget brand.