Ericsson AB, one of the world’s largest makers of telecom equipment, Wednesday capped a series of management- shakeup and job-cut announcements with a profit warning that sent its share price tumbling and laid bare how the rise of Asian rivals has wounded Western suppliers. Ericsson AB, one of the world’s largest makers of telecom equipment,... >>>
Toyota Motor Corp. and Suzuki Motor Corp. have agreed to explore collaboration in green car, safety and information technology fields, citing unprecedented changes in the industry that are cranking up product development costs and spurring consolidation. Toyota Motor Corp. and Suzuki Motor Corp. have agreed to explore collaboration in green car, safety and information technology... >>>
UK marketing budgets were revised upwards in the third quarter, even as marketers expressed a growing degree of pessimism over industry’s financial prospects, according to the latest IPA Bellwether Report. UK marketing budgets were revised upwards in the third quarter, even as marketers expressed a growing degree of pessimism over industry’s financial prospects, according to... >>>
Cars may be gaining advanced safety features, from collision prevention to lane keeping assist, but motorcycles have been left behind. Sometime in the next 30 years, BMW expects to change that, showing its first idea for an unspillable bike with the Motorrad Vision Next 100. Cars may be gaining advanced safety features, from collision prevention... >>>
Amazon’s long-rumored on-demand music streaming service is now available. The company is relaunching its Prime Music service as Amazon Music Unlimited, a on-demand competitor to the likes of Spotify, Apple Music, and Google Play Music. Amazon has done a number of things to differentiate Music Unlimited from its competitors, but the most notable one is... >>>
We carried the Galaxy Note 7 in our jeans after Samsung promised it wouldn’t explode. We left it charging when we weren’t home. We recommended it to readers and friends. We carried the Galaxy Note 7 in our jeans after Samsung promised it wouldn’t explode. We left it charging when we weren’t home. We recommended... >>>
Gambling ads on daytime TV and social media could be banned in the UK amid government concerns about their influence on children and the growing number of young adults who have developed gambling problems. Gambling ads on daytime TV and social media could be banned in the UK amid government concerns about their influence on... >>>
Comcast will expand its home internet data caps to 18 new locations on November 1st, the company announced on Thursday. Comcast will expand its home internet data caps to 18 new locations on November 1st, the company announced on... >>>
Microsoft will be holding an event this month to update the world’s press on Xbox, Windows 10 and its Surface devices. Invites have been sent out for the media to gather on Wednesday October 26th in New York. Microsoft will be holding an event this month to update the world’s press on Xbox, Windows 10 and its... >>>
Facebook paid £4.16 million ($5.16 million) in UK corporation tax last year, the company revealed on Sunday, a huge increase on the paltry £4,327 (around $5,367 at current exchange rates) it paid the year before. The company’s accounts show a turnover of £210 million, and a taxable profit of £20 million, on which it paid standard UK corporation tax... >>>
McDonald’s, the quick service restaurant, closed down a youth-focused channel on YouTube earlier this year because it wasn’t generating enough interest, but marketers at the company say they have learned from the experience. McDonald’s, the quick service restaurant, closed down a youth-focused channel on YouTube earlier this year because it wasn’t generating enough interest, but... >>>
It’s bad news for Yahoo. The company is in the midst of finalizing its sale to Verizon, but recent revelations about hacking and spying may be costing them a pretty penny. It’s bad news for Yahoo. The company is in the midst of finalizing its sale to Verizon, but recent revelations about hacking and spying may be... >>>
Snap Inc. is working on an initial public offering that could value the fast-growing virtual-messaging company at $25 billion or more, making it one of the highest-profile share debuts in years and possibly signaling a turnaround in the new-issue market. Snap Inc. is working on an initial public offering that could value the fast-growing virtual-messaging... >>>
Mars Inc. has finally taken full control of Wrigley, formally putting M&Ms and Altoids mints in the same division — and cashing out its partner, Warren E. Buffett, in the process. Mars Inc. has finally taken full control of Wrigley, formally putting M&Ms and Altoids mints in the same division — and cashing out its... >>>
MasterCard, the financial payments firm, is rolling out new biometric technology in Europe that enables customers to verify their identity with selfies. MasterCard, the financial payments firm, is rolling out new biometric technology in Europe that enables customers to verify their identity with... >>>
Apple’s long-promised and long-awaited search ads are finally here — or almost here. And they’re going to be tremendously important for app publishers and marketers, since 65-80 percent of all app installs happen after a search on either the App Store or Google Play. Apple’s long-promised and long-awaited search ads are finally here — or almost... >>>
Samsung has agreed to acquire Viv, an AI and assistant system co-founded by Dag Kittlaus, Adam Cheyer and Chris Brigham — who created Siri, which was acquired by Apple in 2010. The three left Apple in the years after the acquisition and founded Viv in 2012. Pricing information was not available, but we’ll check around.... >>>
According to sources close to the situation, Google does not currently plan to make a bid for Twitter. While the search giant has been among the buyers considered most likely to be a contender for the social communications company, those familiar with the deal said that the company was not moving forward with an effort... >>>