Description: Nordstrom just nixed Moschino’s new prescription drug-themed fashion collection. Source: CNNMoney.com – video report Date: Oct 07, 2016 Link: http://money.cnn.com/2016/10/07/news/companies/nordstrom-moschino-pill-capsule/index.html Questions for discussion: What is the controversy in this campaign? Do you believe Moschino or Nordstrom brands have been harmed or helped by the publicity? Do you think Moschino expected their campaign to provoke… Read more »
Posts Categorized: New product
Jumping on the bot bandwagon, Chatty McChatface developers aim to (Kik-)start real conversations
Description: Sam:) began as a project to randomly connect strangers for text-based conversation. Source: FinancialPost.com Date: Sep 19, 2016 Link: http://business.financialpost.com/executive/smart-shift/jumping-on-the-bot-bandwagon-chatty-mcchatface-developers-aim-to-kik-start-real-conversations Questions for Discussions: What are the challenges for tech start-ups like Sam:)? How is the software different from other social media? Strategically, how would you try to grow the user base?
Samsun will pay Apple $548-million in patent dispute
Description: After a drawn out battle, Samsung is finally paying Apple $548 million for infringing Apple patents and copying the look of the iPhone. Source: The Globe and Mail Date: December 04, 2015 Text Link: http://www.theglobeandmail.com/technology/tech-news/samsung-to-finally-pay-apple-548-million-in-patent-dispute/article27602973/ Questions for Discussion: Will this payout have any impact on Samsung’s sales? Will the realization that Samsung copied the… Read more »
Tesla recalls all Model S sedans
Description: Tesla is recalling all its 90,000 Model S sedans worldwide after a customer reported that her seat belt became disconnected. This is the largest recall by Tesla yet. Interestingly, the recall was made after only one complaint. Source: CBC Date: November 20, 2015 Text Link: http://www.cbc.ca/news/business/tesla-recalls-all-model-s-sedans-to-fix-seatbelt-defect-1.3328058 Questions for Discussion: Will this recall affect Tesla’s… Read more »
IBM Bringing in Innovative Changes
Description: IBM is entering new businesses to stay competitive. However, it is trying break away from its past by changing the way it thinks about innovation. Changing culture is extremely difficult in large companies like IBM, which houses more than 370,000 employees. Source: New York Times Date: November 14, 2015 Text Link: http://www.nytimes.com/2015/11/15/business/ibms-design-centered-strategy-to-set-free-the-squares.html?ref=business Questions for… Read more »
Microsoft launches Windows 10
Description: Microsoft launched its newest operating software – Windows 10. Microsoft CEO, Satya Nadella, hopes that this will be the most loved version of Windows. Source: CBC Date: July 29, 2015 Video Link:http://www.cbc.ca/player/News/Business/ID/2672726173/ Questions for Discussion: What significance does Windows 10 have for Microsoft? Discuss the problems with Windows 8 and does Windows 10 overcome… Read more »
TV cable viewership on the decline
Description: With viewers increasingly opting for streaming online content, the sale of cable to Canadian households have dropped substantially. Source: CBC Date: July 27, 2015 Video Link: http://www.cbc.ca/player/News/Business/ID/2672532144/ Questions for Discussion: Discuss the factors causing the drop in Cable sales. What benefits do online streaming offer to viewers? What are potential drawbacks of online streaming?
HBC set to open new stores
Description: Despite the increasing number of retailers that have recently shut shop, Hudson’s Bay Company is betting big on retail stores. It is opening seven Saks full-line luxury department stores in Canada, in addition to 25 Saks Off Fifth sores. Source: BNN Date: June 03, 2015 Video Link: http://www.bnn.ca/News/2015/6/3/HBC-bets-big-on-retail-bricks-and-mortar.aspx Questions for Discussion: 1. In… Read more »
Shopify’s initial public offering smashes expectations
Description: Shopify, an Ottawa based company, sold 7.7 million shares at $17 apiece to raise $131 million in its initial public offering, smashing expectations. Shopify provides software for small businesses that helps them sell their products online. Today, more than 160,000 stores across 150 countries use Shopify. Source: CBC Date: May 26, 2015 Video… Read more »
Google’s self-driving cars to hit roads this summer
Description: In a significant step towards their goal of introducing self-driving cars to consumers in the next five years, Google will test their two-seater self-driving cars in Mountainview, California. This will be the first time that people will actually see these cars on the road. Source: Huffington Post Date: May 15, 2015 Video Link: http://www.huffingtonpost.ca/2015/05/15/google-s-pod-like-two-seater-is-next-step-to-driverless-car-to-hit-public-roads-this-summer_n_7290218.html?utm_hp_ref=canada-business… Read more »
