Samsung announced that it will be closing its Spotify competitor, US-based subscription streaming music platform Music Hub. Lucky for people in Australia Samsung gave assurances that its ‘down-under’ version will remain in business. “Samsung Music Hub in Australia has been developed for this country and for Australian customers. It is a separate platform from other… Continue Reading
After five years in the US energy market and two years after announcing its plans to sell off its US solar-power business, Meridian Energy finalized its sale of its huge, 20-hectare solar plant. California-based SunEdison purchased Calrenew-1 for an undisclosed amount. Guy Waipara, Meridian general manager of external relations said that the figures will appear… Continue Reading
It is expected that Ben Hollowell’s legal training will help him greatly as he begins to take his place as the new president of ATG (formerly Applied Technology Group.) Hollowell, graduate of Wynne High School in Arkansas, was promoted to president of ATG USA after working there as the chief financial officer since April 2007.… Continue Reading
In a move that could affect as many as 5,300 employees, Toyota will be moving its US headquarters from Torrance, outside Los Angeles, to a suburb of Dallas, Texas. The move will strategically locate the car manufacturer’s head office close to where the majority of its US product is built. Jim Lentz, chief executive of… Continue Reading
After working in the non-profit sector for over 35 years, Ed Sayres launched his own firm, Sayres Consulting, in Millbrook, New York. Sayres’ firm offers advice to non-profit directors and senior management on crucial activities such as fundraising, board development, strategy, financial and crisis management. From 2003 until 2013 Sayres was the president and CEO… Continue Reading
American Express recently announced its plans to sell 50% of its Global Business Travel division for $900 million. Though American Express will hold on to a 50% stake, the venture will split from the rest of the company and be managed by an investor group led by Certares LP. Other group members include Qatar Holdings,… Continue Reading
GoldieBlox, a small business that makes toys for young girls, is thrilled to have won the grand prize in a small business competition by Intuit. Now, the business is preparing to launch a 30-second Super Bowl commercial during the game’s third quarter. GoldieBlox toy sets include a book, blocks, wheels, cranks and additional parts for… Continue Reading
Intel, a long-time veteran in the personal computer industry, recently surprised analysts by missing their projections. The company’s apparent struggle is yet another sign that the traditional PC is being overshadowed by newer mobile devices such as tablets. Greg Bryant of Reuters.com recently discussed Intel’s approach for 2014: Continue Reading
Bitcoin is likely to experience a burst now that online retailer Overstock.com accepts the payment method. In fact, many speculate that Amazon may soon follow suit. According to Overstock.com CEO Patrick Byrne, the company saw Bitcoin orders worth $130K on the first day alone. Byrne discussed the new development in an interview with CNN International:… Continue Reading
General Mills recently announced that its regular flavored Cheerios are soon to be free of genetically-modified ingredients. The decision comes after a particularly difficult year for the brand, during which Cheerio sales dropped nearly 7 percent. According to General Mills, the elimination of GMOs from their cereal would be “beneficial to the consumer.” They said:… Continue Reading