• Samsung Pays $8B For Harman's Automotive Connectivity
    Connecting instantaneously to the rapidly evolving automotive market, Samsung is acquiring Harman International Industries for about $8 billion in a deal announced by both companies this morning. Samsung has scheduled a call and webcast about the acquisition for 8 a.m. ET.
  • New Balance Burned By Tweet Igniting Anti-Trump Sentiment
    Call it the Boston Bonfire, social media style. Boston-based New Balance sneakers found itself a symbol of anti-Trump sentiment yesterday after a spokesman told the Wall Street Journal's Sara Germano it was hopeful the President-elect would kill the proposed Trans-Pacific Partnership trade agreement as he has threatened to do during the campaign. Its sneakers were burned, trashed and vilified.
  • Nike Signs Ronaldo's Adept Feet - And Thumbs - 'For Life'
    Real Madrid forward Cristiano Ronaldo has signed a contract extension with Nike that will last his lifetime, according to reports, and is said to be worth $1 billion.
  • Markets Fall And Rise Worldwide As Businesses Ponder What's Next
    "The Wall Street Journal" headline says a lot by saying little: "U.S. Businesses Brace for Uncertainty" - even with the promise of reduced corporate income taxes in the offing under a Republican administration and Congress.
  • Tesla Pulling The Plug On Unlimited Free Supercharging
    Proving yet again that there's nothing free under the sun, Tesla announced yesterday that - starting with vehicles ordered after Jan. 1 - it would begin charging for use of its 4,625 Superchargers in 735 locations around the world after the first 400 kWh of power used annually. That would take you about 1,000 miles or so - about the distance from Times Square to Tampa, Fla.
  • Blizzard Entertainment Creating NFL-Like League For Overwatch
    The many millions of enthusiasts who now enjoy competitive e-sports will have a major new option in 2017 - and players will have the chance to make a career out of it. Blizzard Entertainment Friday announced the creation of the Overwatch League, an "ecosystem" for professional competition among the best of the best in the team-based shooter game that only launched in May but already has more than 20 million users worldwide.
  • Another Shaky Quarter For GoPro
    If a GoPro were capturing its sales and stock performance, you'd see a lot of whirling imagery on a protracted tumble above a rocky pathway. It reported a 40% percent decline in third-quarter revenue yesterday and lowered its yearly revenue forecast, which sent its stock crashing by 20% in after-hours trading.
  • Microsoft Takes On Slack With Teams Collaboration Tool
    Continuing its transformation into a less self-centric organization under CEO Satya Nadella, Microsoft yesterday launched a work-chat add-on to Office 365 called Teams that's clearly a nod to the success of - and competitor to - Slack, the real-time collaboration software that reached four million daily active users last month, with more than 1.25 million paying for it.
  • Ivanka's Line Faces #GrabYourWallet Dressing Down
    Just as with the polling numbers for the election itself, it's difficult to tell what's what with Ivanka Trump's line of clothing. Is it benefiting from all the exposure, including that afforded the #GrabYourWallet boycott campaign started a few weeks ago after the videotape of her father's salacious brags to Billy Bush surfaced, or is it taking a hit?
  • Go, Court, Go! Justices Consider Cheerleaders' Uniforms
    The Supreme Court yesterday heard arguments about cheerleading costumes that could have a far-reaching impact not only for how the fashion industry does business but also for consumer choice and the price of clothing at retail.
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