- The latest United Colors of Benetton promotional campaign, valued at approximately $26 million, will give seed money to young entrepreneurs whose ideas are most popular among registered visitors to the company's site.
- Men and makeup aren't necessarily commonplace ideas in the United States, but according to new market research South Korea is the largest market in the world for men's skincare thanks to fad that has developed over recent years with Korean men wearing makeup.
The Top Post-Market Nasdaq Movers (Brightcove, Body Central, Renewable Energy, 3SBio, AngioDynamics, Kraft Foods, Idenix, TriQuint, Take-Two Interactive, Tree.com)The top after-market Nasdaq gainers Monday were Brightcove Inc, Body Central Corp, Renewable Energy Group, 3SBio Inc and AngioDynamics Inc. The top after-market Nasdaq losers were Kraft Foods Group, Idenix Pharmaceuticals Inc, TriQuint Semiconductor, Take-Two Interactive Software Inc and Tree.com.
- Shares of Apple (Nasdaq: AAPL) surged past $700 for the first time, just a year after topping $400. The move brings Apple's market value to about $650 billion, cementing its 2012 role as the world's most valuable company, ahead of Exxon Mobil Corp. (NYSE: XOM).
- Swedish home appliance maker embarks on small market for very expensive kitchens. For the rest of us: It recently began selling its Frigidaire brand at The Home Depot.
Freemium Rush: Free-To-Play Gaming Now Makes Up More Than Half Of European Market, But Packaged Video Games Still Drive Eurozone Revenue [REPORT]Freemium video games like "FarmVille 2" and "Angry Birds," the cheap and easily accessible counterpart to premium boxed copies of "Skyrim" or "Call of Duty" that run players upwards of $50 or $60 a sale, now make up more than half of the total market for video games in Europe, a new study shows.
- The world's largest coffee chain has opened a tiny pop-up cafe in a fashionable Tokyo district with an odd ordering process.
- After Google stopped Acer from launching a phone based on Aliyun OS, described non-compatible with build of Android, Google's Andy Rubin, Senior Vice President, Mobile and Digital Content, continued his fight against Alibaba, which coordinated on Aliyun development with Acer, The Verge reported.
First Apple iPhone 5 Pre-Orders Begin Shipping From China; Enthusiasts Start Camping Outside Flagship Apple StoresAs the launch date for Apple iPhone 5 comes closer, customers who placed the first preorders for iPhone 5 are noticing updates that point to their orders being shipped from China, AppleInsider reported.
- There is some good news cheering up Warren Buffet, the Oracle of Omaha, as he announced completion of cancer treatments, Sept.14.
- A new study conducted by Microsoft dubbed Operation b70, from Aug. 2011, shows that several computers carry malware installed in the factory, BBC News reported.
- Tensions between Zynga Inc. (Nasdaq: ZNGA) and Electronic Arts Inc. (Nasdaq: EA) exploded all over again Friday as Zynga mustered an aggressive rejoinder to the copyright-infringement lawsuit filed against it by EA last month.
- Amazon's sales tax exemption in California expired at midnight Saturday. The mammoth online retailer had cut a deal with state lawmakers last year, but the free ride is now over.
Apple iPhone 5 Release Date Approaches: Of Verizon, AT&T, Or Sprint, Which Is The Best Carrier For LTE Coverage?Apple's first batch of pre-orders for the new iPhone 5 came and went on Friday, but even though the online Apple Store, AT&T stores and Verizon's retail stores are sold out of their initial pre-order stock, there are still thousands of customers dying to get their hands on Apple's latest smartphone innovation. Yet, one thing customers want to know about iPhone 5 before its release date next Friday is about which carrier to choose. Which carrier has the best overall coverage? Which carri...
- Tony Ortega, who has been the editor-in-chief of the Village Voice since 2007, announced via blog post on Friday that he is stepping down next week. The alt-weekly has seen a number of staff layoffs in the last few years.
- A judge at the U.S. International Trade Commission found that Apple hadn?t violated any of Samsung?s patent rights for products designed into the iPhone and iPad product lines. Last month, a jury in U.S. District Court in San Jose, Calif., determined Samsung had infringed upon Apple?s patents and awarded the Cupertino, Calif., company $1.05 billion in compensation.
- Robert B. McKeon, founder and chairman of private equity firm Veritas Capital Management LLC, committed suicide this week at his Darien, Conn., home, the state's medical examiner's office said Friday.
- NFL Hall of Famer Dan Marino is one of the major investors who lost millions when the visual-effects company filed for bankruptcy last week. The Oscar-winning company, founded in 1993 by James Cameron, had created effects for such movies as "Titanic," "The Curious Case of Benjamin Button" and the "Trasnformers" franchise.
- Auto demand in global markets will continue its upward trend in 2012 and 2013 despite regional disparities. Nomura analysts forecast double-digit growth in the U.S. and Southeast Asia, but expect European demand to shrink 7 percent.
- Apple (Nasdaq: AAPL), the world's most valuable technology company, should reap another windfall from selling the iPhone 5 because component costs are only around $167.50, engineers at UBM TechInsights reported. Apple will sell the product for as much as $399 and charge wireless carriers about $450.