Category: Latest News

Microsoft made headlines several weeks ago when it beat out Amazon for a lucrative Pentagon contract worth some $10 billion. Now, according to ABC News, Amazon is protesting the decision, saying there was “unmistakable bias” in the selection process. Oracle and IBM were both eliminated during an earlier phase of the process, leaving only Microsoft and Amazon. Amazon was widely considered to be the front-runner to receive the Pentagon contract, in large part because of how far ahead it is in the overall cloud market. After President Trump, as well as its rivals,…

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Microsoft just announced a major redesign of its Office apps for mobile devices, combining them into a single application. For decades, Microsoft Office has been the gold standard for productivity software and is one of the main applications that has helped the iPad become a staple in the corporate world. Now, Microsoft is redesigning its suite of programs to combine them into a single app, improving productivity and integration between the individual components. “The new Office mobile app represents our vision for what a productivity solution would look like if first built…

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Blackberry, once the de facto standard among smartphones, has struggled to remain relevant in the iPhone and Android era. A new initiative may help change that. According to a press release, the company is going back to its roots and doubling down on security. Throughout its history, Blackberry’s security has been legendary, based on strong encryption algorithms that have given government agencies and hackers alike a run for their money. Now, Blackberry Limited has created the Blackberry Advanced Technology Development Labs (Blackberry Labs), a new business unit that will focus on cybersecurity R&D.…

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Sellers focusing budget and discount efforts on specific, strategic product lines, rather than an entire catalog, are likely to see the biggest sales bumps. While shoppers may be thinking “back to school” for sellers, September means it’s time to set a strategy for key Q4 sales events like Black Friday and Cyber Monday, if you haven’t started already. To help marketers get a better handle on how to maximize their sales and profit over these high-traffic periods, my colleagues and I examined Prime Day 2019 sales activity across our client…

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“It’s absolutely a fair statement that we are actually a technology company that is really fabulous at banking,” says Bank of America CEO Brian Moynihan. “We have 37 million digital customers, 28 million mobile customers. It’s all been automated, wires and stuff, but now the interface with the customers is much more automated. That efficiency is driven by the technology enablement of the consumer and wealth management companies and it’s always more efficient to serve it that way. So that 57 percent efficiency ratio, that’s enabled by technology.” Brian Moynihan, CEO of Bank of America, discusses how…

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“The market narrative is always it’s a zero-sum game,” says Imran Khan, co-founder and CEO of Verishop, a new Amazon competitor launching soon. “You are coming in and it’s Verishop versus Amazon or Snap versus Facebook. Those are great stories, but ultimately I fundamentally believe that all of us are on the right side of the history in a sense. Not one company will take everything. It’s just impossible for one company to solve every problem.” Imran Khan, co-founder and CEO of Verishop, discusses how the Verishop shopping platform can compete…

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Reportedly the DOJ will investigate Google and the FTC will take on Amazon After almost two years of investigation and intense lobbying, the FTC closed its antitrust investigation of Google in January 2013. Google made some concessions but escaped significant penalties, with FTC Chairman Jon Leibowitz declaring at the time, “The law protects competition not competitors.” DOJ and FTC divvy up Google, Amazon. But almost from the moment of that decision, critics have been calling for round two. Now, according to multiple reports, the U.S. Justice Department (DOJ) and FTC have come to an…

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Over 80% of the clothes women aren’t wearing is worth half a trillion dollars in the US according to Finery founder and CEO Whitney Casey. Finery, which was just listed in CNBC’s Upstart 100 list of promising young startups, keeps track of all your clothing purchases and creates a digital wardrobe and then helps style you in the clothes you already own. Whitney Casey, founder, and CEO of Finery discussed her company’s service and business model in a recent interview: Finery is a Digital Wardrobe Finery is a digital wardrobe. What we do is we…

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Google CEO Sundar Pichai unveiled their Stadia game streaming platform at the 2019 Game Developers Conference in San Fransisco today. Stadia is designed to bring high-end gaming to Chrome and other devices and aims to eliminate the many barriers to gaming. It will likely be a subscription service similar to Netflix but focused on games that can be played without a console right in Chrome or other devices. Sundar Pichai, CEO of Google, introduces Stadia, Google’s new streaming gaming platform at the 2019 Game Developers Conference in San Francisco: Biggest Impact of Gaming…

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Everything you do in the company drives you toward the vision and the mission of the brand and the company itself, says Jan Bednar, Founder & CEO of ShipMonk. “Something we have learned in the last few years is that once you communicate those values and what the brand really means to your employees and to your customers, it kind of does the job itself,” he says. “You don’t really have to spend a lot of time maintaining it.” Bednar adds: “Everything you do at that point is the brand.”…

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