Franchise News
Gap Removes Creative Director Role In E-Commerce And Marketing Restructuring
Gap Inc. has removed its chief marketing officer positions for the Gap and Banana Republic brands, Bidness ETC reports.
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IBM Dispels Rumors Of Mass Layoffs Affecting 26 Percent Of Workforce
IBM dispelled rumors on Monday mentioning that the technology company is preparing for a mass layoff affecting 26 percent of its workforce.
Uber Announces Increased Fares And Wait Times In New York City Throughout Snowstorm
Uber has announced that commuters should expect increased fares and wait times in New York City as the ongoing winter snowstorm persists along the East Coast of the United States.
Online Storage Company Box Inc. Begins Trading On New York Stock Exchange
The online file sharing star-up company Box begins trading on the New York Stock Exchange on Friday, with shares priced at $14.
Automakers Put More Effort into Creating ‘Car of the Future’; Google's Fully Functional, Flawless Car Set to Unveil in 2020
Many consumers believe that in today's time and age, the future of automobiles involves features that make it autonomous or self-driving. It is because of this that more and more car manufacturing companies are putting more effort into creating a product that deserves to be called "the car of the future."
It's Finally Happening: Amazon Aims To Compete With Netflix in Producing Original Movies; Theater Owners Against Amazon?
After conquering the small screen, Amazon is going to venture on the big screen. The tech giant announced the big news on Monday and is already planning to produce at least a dozen original feature films this year. While Amazon hopes to release the film on theaters in the U.S., they are also planning on making the movies available online, after a month or two of its release in theaters.
Google Forms Team Of Auto-Suppliers To Create Self-Driving Car
Google forms a team of automakers to create a self-driving car to be released by 2020. Google announced on Wednesday that the company has formed a team of traditional and nontraditional auto-suppliers to assemble a self-driving car that will hit the market by 2020.
Sharp Corporation Shares Drop After Report Predicts Unfavorable Earnings
The Japan-based Sharp Corporation experienced a drop in shares on Monday following the publication of a report mentioning that the company will receive unfavorable earnings in the fiscal year ending in March, the Financial Times reports.
Uber Promises 50,000 New Jobs In Upcoming Partnerships With European Cities
Uber Chief Executive Officer Travis Kalanick recently announced at a conference in Munich that the company could create 50,000 jobs in a new partnership with European Cities, Pulse reports.
Qualcomm and Virgin Group Backs OneWeb Venture In Global Satellite-based Internet Access; Plans To Use 648 Tiny Satellites To Deliver Reliable and Low Cost Internet For All
Another innovation is underway as it was announced by Virgin Group and Qualcomm that they are investing to OneWeb's, formerly known as WorldVu Satellites Ltd., multi-billion project of building a satellite constellation that aims to bring internet access around the globe.
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