Business

Is A Spotify Video Service On The Way?

A Spotify video service may soon be a reality if there’s any weight to the latest reports making the rounds. The Wall Street Journal is reporting that Spotify is now trying to get a video service off the ground. Mike Shields and Jens Hansegard write: Music streaming service Spotify is laying plans to enter the hotly competitive Web video business …

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About Daniel Zhang, The New CEO Of Alibaba Group

Alibaba managed to take the title for the largest global IPO ever in September, and the company is about to be under new (yet familiar) leadership . Alibaba reported its March 2015 and fiscal year 2015 financial results on Thursday while also announcing that COO Daniel Zhang will become CEO of Alibaba Group starting May 10. He will replace Jonathan …

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Yelp Wants Users To Speak Up About Nevada Bill

Yelp is encouraging its users around the country, but particularly in Nevada, to let members of the Nevada State Assembly and Governor Brian Sandoval’s office know that they oppose a bill sponsored by casino Mogul Steve Wynn, which the company says would roll back the state’s anti-SLAPP law. If you’re unfamiliar with the term SLAPP, it stands for Strategic Lawsuit …

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Comcast Says It’s Improving Its Customer Service, Offers $20 for Every Late Appointment

Comcast, still one of the most-hated companies in America, just announced what it calls a “multi-year plan to reinvent the customer experience and to create a culture focused on exceeding customers’ expectations.” Part of this initiative involves creating more than 5,500 new customer service positions. The company says it’s building three new customer support centers in Albuquerque, Spokane, and Tucson. …

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Sheryl Sandberg Posts Touching Tribute to Late Husband

Facebook COO Sheryl Sandberg has spoken publicly for the first time since the sudden death of her husband, SurveyMonkey CEO Dave Goldberg. Sandberg’s first comments came in the form of a Facebook post. “Dave was my rock. When I got upset, he stayed calm. When I was worried, he said it would be ok. When I wasn’t sure what to …

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Netflix Doesn’t Like the AT&T/DirecTV Merger

If AT&T’s proposed merger of DirecTV is approved, it would create the largest pay-TV provider in the country. And according to Netflix, the merger in its current form is bad for everyone. The streaming company has written a letter to the Federal Communications Commission, urging it to reject the merger “as currently proposed.” “The proposed merger would make AT&T the …

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Is Being A B2B Data Provider Foursquare’s True Calling?

Foursquare is looking to do more with its location data on the B2B front. The company is touting its Location Cloud offering, which it calls “the most complete set of place data and geo-technology powering the digital world.” “Location data is more than just a point in space or set of latitude and longitude coordinates. By aggregating and analyzing massive …

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Comcast’s Final Tally on Failed Time Warner Cable Deal: $336 Million

Comcast spent $336 million to not acquire Time Warner Cable. In the company’s Q1 earnings report, it reported $99 in “transaction” costs. If you add that to all the other transaction costs Comcast reported in 2014 it looks something like this: Comcast has reported $336 million in costs tied to TWC/Charter deals: Q1 15: $99M Q4 14: $99M Q3 14: $77M Q2 14: …

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Dave Goldberg Died After Exercising on Vacation: Report

Both the New York Times and the Wall Street Journal are reporting that Dave Goldberg, SurveyMonkey CEO and husband to Facebook COO Sheryl Sandberg, died after exercising while on vacation in Mexico. He was 47. From the Times: Mr. Goldberg, 47, who was on vacation with family and friends, collapsed [in a gym] while exercising, said the person, who spoke …

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Apple Is Working Hard to Kill Spotify’s Free Tier: Report

Apple knows it’s going to be an uphill climb when it relaunches its Beats-based music streaming service this summer – and the company may be taking some rather direct measures to cripple the competition. According to a report from The Verge, Apple has been attempting to convince the major record labels to stop licensing their music to the likes of …

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Dealing With An Increasingly Mobile Yelp

Yelp released its Q1 financial results on Wednesday with a 55% revenue increase compared to the same quarter last year, but falling short of analysts’ expectations and sending its stock price down. Still, the company grew its cumulative reviews by 36% to 77 million, including a record 6 million reviews contributed during the quarter. Do you expect Yelp’s increasing mobile …

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Is Facebook More Small Business-Friendly Than You Thought?

Facebook is dedicating more resources to trying to stay in the good graces of small businesses, even after it has continually made changes to its News Feed algorithm over the past year and a half, which have largely been detrimental to them. Do you think Facebook can still be a valuable asset to small businesses despite the organic reach issue? …

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