Procter & Gamble, the FMCG giant, saw its net sales fall 1% year-on-year in Q3 2017 and has reacted by announcing plans to cut its marketing spend by $2bn over five years along with other substantial savings. Procter & Gamble, the FMCG giant, saw its net sales fall 1% year-on-year in Q3 2017 and has... >>>
Where there’s smoke, there’s fire. Now following two independent reports that “technically challenging” issues will cause Apple AAPL +0.10% to delay the 2017 flagship iPhone, comes a third from yet another credible source… Where there’s smoke, there’s fire. Now following two independent reports that “technically challenging” issues will cause Apple AAPL +0.10% to delay the... >>>
The moneymaking machines at the core of Amazon, Microsoft and Alphabet, the parent company of Google, are notably different. But the respective kings of online retailing, software and internet search should all credit a relatively new line of business for lifting their financial results. The moneymaking machines at the core of Amazon, Microsoft and Alphabet,... >>>
Brands risk endangering reputation and consumer trust if they fail to adopt stronger methods to protect consumer identities, as two thirds of UK and US consumers are concerned about how brands use their personal data, a new survey suggests. Brands risk endangering reputation and consumer trust if they fail to adopt stronger methods to protect... >>>
At a recent all-hands meeting with employees, Kevin Systrom, a founder and chief executive of Instagram, showed off one of his favorite charts: Days to Reach the Next 100 Million Users. At a recent all-hands meeting with employees, Kevin Systrom, a founder and chief executive of Instagram, showed off one of his favorite charts: Days... >>>
Samsung Electronics Co Ltd on Thursday flagged stronger earnings and announced a cancellation of treasury shares after posting a solid first-quarter profit boosted by the memory chip business, sending its shares to a new high. Samsung Electronics Co Ltd on Thursday flagged stronger earnings and announced a cancellation of treasury shares after posting a solid... >>>
United Airlines will offer up to $10,000 when a traveler voluntarily gives up a seat on an oversold flight, part of a policy overhaul following the passenger-yanking video seen around the world. United Airlines will offer up to $10,000 when a traveler voluntarily gives up a seat on an oversold flight, part of a policy... >>>
Google has sprinkled some new ingredients into its search engine in an effort to prevent bogus information and offensive suggestions from souring its results. Google has sprinkled some new ingredients into its search engine in an effort to prevent bogus information and offensive suggestions from souring its... >>>
Microsoft’s Windows 10 Mobile Creators Update rides the coattails of the desktop OS, heavily leaning on improvements in Cortana and Edge to nudge Microsoft’s nearly comatose mobile platform further ahead. Microsoft’s Windows 10 Mobile Creators Update rides the coattails of the desktop OS, heavily leaning on improvements in Cortana and Edge to nudge Microsoft’s nearly... >>>
Yahoo shareholders will vote June 8 on whether to sell the company’s internet businesses to Verizon Communications for $4.48 billion. A yes vote, which is widely expected, would end Marissa Mayer’s largely unsuccessful five-year effort to restore the internet pioneer to greatness. Yahoo shareholders will vote June 8 on whether to sell the company’s internet... >>>
Pay TV providers are well aware of the threat posed by pirated TV streaming services, but their concern is likely to grow after a new survey found that almost 10% of UK consumers already have access to such platforms. Pay TV providers are well aware of the threat posed by pirated TV streaming services, but... >>>
At this week’s Facebook F8 conference in San Jose, Mark Zuckerberg doubled down on his crazy ambitious 10-year plan for the company, first revealed in April 2016. At this week’s Facebook F8 conference in San Jose, Mark Zuckerberg doubled down on his crazy ambitious 10-year plan for the company, first revealed in April... >>>
Apple’s CEO was upset over app secretly identifying iPhones, even after the app had been deleted, The New York Times reports. Apple’s CEO was upset over app secretly identifying iPhones, even after the app had been deleted, The New York Times... >>>
Digital media is expected to play an important role in the upcoming UK general election, despite the concerns that emerged around fake news and social echo chambers during the US presidential campaign. Digital media is expected to play an important role in the upcoming UK general election, despite the concerns that emerged around fake news... >>>
Facebook will assemble an independent Ethical, Legal and Social Implications (ELSI) panel to oversee its development of a direct brain-to-computer typing interface it previewed today at its F8 conference. Facebook’s R&D department Building 8’s head Regina Dugan tells TechCrunch, “It’s early days . . . we’re in the process of forming it right now.” Facebook... >>>
EBay Inc. failed to sustain investor enthusiasm that its turnaround efforts were working, reporting sales growth that continued to lag behind the e-commerce industry and didn’t narrow the gap with giant Amazon.com Inc. EBay Inc. failed to sustain investor enthusiasm that its turnaround efforts were working, reporting sales growth that continued to lag behind the... >>>
With its biggest star departing in another blowup over sexual harassment, Fox News faces some big challenges. It now has to show that it can hang on to its loyal army of conservative viewers, improve its working culture, and still continue to make big bucks for its corporate parent. With its biggest star departing in... >>>
Last year 11m cars were recalled in China, just over 120,000 of which were domestic brands, but this apparent discrepancy is not deterring foreign brands from targeting what remains a growing market. Last year 11m cars were recalled in China, just over 120,000 of which were domestic brands, but this apparent discrepancy is not deterring... >>>