In the race to develop autonomous vehicles, few companies have moved faster than Tesla, an electric-car pioneer. However, behind the scenes, the Autopilot team has clashed over deadlines and design and marketing decisions, according to more than a dozen people who worked on the project and documents reviewed by "The Wall Street Journal." In recent months, the team has lost at least 10 engineers and 4 top managers.
Arby's Restaurant Group has named Rob Lynch president of its Arby's concept. Lynch was previously the unit's brand president and chief marketing officer, and has held marketing roles at Taco Bell, Procter & Gamble and The HJ Heinz Company. In his new role, Lynch will oversee brand marketing, operations and development, and will serve as president of the Arby's Franchise Association. The company also promoted senior vice president of marketing Jim Taylor to CMO, where he will lead research and development, new product innovation, and advertising and media planning.
A suggestion by Barclays that "only" one in five iPhone owners will be willing to pay the rumored $1000+ price of the iPhone 8 has been countered by survey results showing the loyalty people feel to the Apple brand and ecosystem. The survey found that only 5% of iPhone owners expected to buy a Samsung next time. It also showed that iPhone owners have the highest loyalty of any smartphone brand.
While low gas prices and a solid economy have contributed to a statewide uptick in the sales of light-duty trucks and SUV's, more fuel-efficient sedans remained the top choices overall, according to 2016 new vehicle registration data collected by industry watcher IHS Markit. The Honda Civic was the top California seller last year.
One of the defining things about Twitter has always been the degree to which its own users have shaped the service. Ten years ago, a Twitter user named Chris Messina proposed a new way to make it easier to find tweets about a given topic. He suggested marking keywords with a pound sign-a convention that quickly caught on and became known as the hashtag.
While the average child gets his or her first smartphone at 10, some parents are bucking the trend by promising to wait until their children are in eighth grade - when they're typically 13 or 14. The Wait Until 8th pledge - developed earlier this year by a group of Austin, Texas, parents - allows moms and dads to "rally together" so their children can look to other smartphone-free peers throughout elementary school.
Uber riders nationwide can now earn credits for shopping and dining under a rewards program with Visa called Visa Local Offers with Uber. It was launched last year in the San Francisco and Los Angeles markets and has been relaunched to be made available to Uber riders across the country. The program is open to Uber riders with an eligible U.S.-issued Visa card on file in the Uber app.
McDonald's notified Connaught Plaza Restaurants of a termination of agreement that will give the company 15 days from Aug. 21 to cease using its branding and recipes. The company said it was issued due to Connaught Plaza restaurants violating "certain essential obligations in the franchise agreements" such as royalty payments. Connaught Plaza Restaurants said it is considering pursuing legal action following the notice.
The U.S. State Department released an updated travel advisory for Mexico, expanding its warnings specifically about the regions that are home to some of the country's most popular tourist destinations, Cancun and Los Cabos. Citing Mexican government statistics, the State Department noted that 2017 has seen much higher rates of violence in those regions than during the same period last year.
WPP reported a steeper-than-expected slowdown in ad buying from consumer-goods companies, especially in North America. The company is often considered a bellwether for a wide swath of industries because of its large client base. Other big advertisers also have been signaling slowing prospects amid a retrenchment among some of the world's biggest packaged-good companies.