Category: Marketing
-
Sprint, T-Mobile agree to merge in $26 bln deal
byThe boards of Sprint Corp. and T-Mobile US Inc. struck an all-stock $26 billion merger that, if allowed by antitrust enforcers, would leave the U.S. wireless market dominated by three national players. It is the third time in recent years that the two rivals have attempted the combination. New technology, stiff competition from wireless rivals […]
more -
Facebook can’t even control fake Mark Zuckerberg scam accounts
bySAN FRANCISCO — A Facebook notification on Gary Bernhardt’s phone woke him up one night in November with incredible news: a message from Mark Zuckerberg himself, saying that he had won $750,000 in the Facebook lottery. “I got all excited. Wouldn’t you?” said Bernhardt, 67, a retired forklift driver and Army veteran in Ham Lake, […]
more -
Amazon’s Marketplace Struggles With Mislabeled Goods
byWhile Amazon has spent years looking into counterfeit and otherwise mislabeled goods, the company continues to face the challenge of overseeing its own eCommerce platform. Through Amazon’s Marketplace, The Guardian was able to obtain several goods that weren’t as described. For example, The Guardian received genuine Apple iPhone chargers that were separated from returned and refurbished devices but were being sold as new. […]
more -
Intel soars after brighter forecast for data centers, memory
byIntel Corp (INTC.O) beat earnings expectations for the first quarter and raised its full-year revenue and profit forecasts on Thursday, driven by the biggest-ever quarterly jump in its data center business and small-but-steady growth in its personal computer business. Shares of the Santa Clara, California-based chipmaker rose 5.4 percent to $55.95 in after-market trading after […]
more -
Facebook’s Rise in Profits, Users Shows Resilience
byFacebook Inc. shares rose Wednesday after the social network reported a surprisingly strong 63 percent rise in profit and an increase in users, with no sign that business was hurt by a scandal over the mishandling of personal data. After easily beating Wall Street expectations, shares traded up 7.1 percent after the bell at $171, […]
more -
Costa Coffee break brewing after Whitbread investors stir
byLONDON – Costa Coffee will be spun off after parent Whitbread (WTB.L) yielded to pressure from hedge funds who argued it was being held back by being grouped with the Premier Inn hotel chain. The world’s second biggest coffee chain after Starbucks Corp (SBUX.O) has attractive, long-term international potential, Whitbread said. Former brewing group Whitbread […]
more -
Amazon Has a Top-Secret Plan to Build Home Robots
byTen years ago, Amazon introduced the Kindle and established the appeal of reading on a digital device. Four years ago, Jeff Bezos and company rolled out the Echo, prompting millions of people to start talking to a computer. The retail and cloud computing giant has embarked on an ambitious, top-secret plan to build a domestic robot, according […]
more -
Dozens gather for rally at Starbucks in show of support for two men arrested
byPHILADELPHIA (WTXF) – Dozens of people returned to the Philadelphia Starbucks where the arrest of two black men went viral. They had a message for anyone willing to listen. The demonstration was organized by the fraternity that one of the arrested men is a member of. The organizers said this was a rally, not a protest. They […]
more -
Starbucks Incident Reminds Us That Equality Is Complicated
byThough dramatic and absurd, the Starbucks incident in downtown Philadelphia was following a script. Four weeks earlier, black teenagers at an IHOP in Maine were asked to pay before they received food. In both cases, and in many more that go unseen because there aren’t enough moral whites uploading videos, black customers have to authenticate […]
more -
Carson’s closures may mean deals for shoppers, more challenges for hard-hit malls
byWhen Carson’s stores ring up their final sales — likely by late summer — they will leave behind a 164-year history as one of Illinois’ iconic homegrown department store chains. They will also leave their landlords with millions of square feet of empty retail space to fill. Parent company Bon-Ton Stores filed for bankruptcy protection […]
more