by Thom Forbes on Dec 23, 7:49 AM
Songkick, the online concert-ticket startup that artists such as Adele are using to sell tickets directly to their fans, is suing Live Nation, saying that it and its Ticketmaster subsidiary have "attempted to destroy competition in the artist presale ticketing services market."
by Thom Forbes on Dec 22, 7:28 AM
Ford and Google are reportedly set to announce a partnership to build self-driving cars in a nonexclusive deal that addresses the weak spots in each company's present efforts.
by Thom Forbes on Dec 21, 7:46 AM
"Star Wars: The Force Awakens" did so with buzz and gusto over the weekend, shattering box office records with a global take of $517 million and, in one fell blast of pop culture from another era, apparently upending everything that everyone has been saying and writing about the entertainment zeitgeist.
by Thom Forbes on Dec 18, 7:56 AM
Procter & Gamble's Gillette subsidiary filed a federal lawsuit against the Dollar Shave Club yesterday, claiming that the upstart - which has grabbed more than 50% of the online market since opening its portal in 2012 and now claims to be the No. 2 blade brand overall in volume - is infringing on patents that have been "revolutionizing the shaving experience time and again since the advent of the first safety razor" more than a century ago.
by Thom Forbes on Dec 17, 7:52 AM
In their respective quests to dominate how people talk about what's up and how they get where they're going, Facebook and Uber yesterday announced a meeting of the mindsets. Select users in the U.S. with an Uber account can now summon a ride directly from an updated Facebook Messenger app, which has more than 700 million users a month worldwide.
by Thom Forbes on Dec 16, 7:53 AM
Santa may need to keep the sleigh in the garage and hitch a ride on a newly registered drone this year with Christmas Eve temperatures in much of the country forecast to continue to be unseasonably warm by the National Weather Service. That ongoing pattern has put a big chill on sales of winter clothing and gear.
by Thom Forbes on Dec 15, 7:52 AM
Newell Rubbermaid agreed Monday to buy Jarden Corp.'s hodge-podge lineup of 120 stalwart consumer brands - including Mr. Coffee, Marmot and Rawlings - to mix and match with its own parade of familiar household names - Sharpie, Contigo and Elmer's - in a deal it values at $15.4 billion. The new entity, Newell Brands, will have annual revenue estimated at $16 billion and expects to see $500 million in cost savings over four years, according to the release announcing the deal.
by Thom Forbes on Dec 14, 7:54 AM
The sizzling market for self-balancing scooters being marketed as hoverboards this holiday season appears to be doused as the Consumer Product Safety Commission (CPSC) has announced a "high priority" investigation in the wake of multiple reports of battery fires and usage injuries and other actions to restrict their use or sale have hit headlines and social media.
by Thom Forbes on Dec 10, 7:45 AM
Everything politicians have been bemoaning about the vanishing middle class is true, according to a major new study released yesterday by the Pew Research Center, but it's not as simple as a campaign slogan might suggest.
by Thom Forbes on Dec 9, 7:48 AM
Dow Chemical and Dupont are said to be hammering out the details of a merger that could be announced as early as today. The usual caveats about volatile elements sometimes not mixing as intended apply to the late-stage discussions. The "merger of equals" would create a company with a market value of $120 billion.