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Tesla Motors CEO Elon Musk reportedly has engaged in talks with BMW to partner on the production of electric batteries, as well as other technologies for electric vehicles. Musk reportedly said that the companies might collaborate to develop advanced batteries and lightweight components including ca...
In Atlas Shrugged, innovators are penalized for their creativity, and their rewards are indiscriminately distributed to the worthy and unworthy, leading inevitably to the breakdown of the entire economic system. The new patent bills being considered by Congress likewise interrupt the economic reward...
It seemed like a logical leap: If you already provide shoppers with coupons online, what's to stop you from offering them an online source for e-gift cards? So the founders of online gift card company CashStar pooled resources with online shopping coupon mogul Coupons Inc. to create an outlet for m...
While retailers are rich in data, they are struggling to gather information from point-of-sale systems, planning systems and various other locations where customer, vendor and internal data collection take place. Retailers are generally performing poorly in terms of executing analysis and utilizing ...
When Eric Lituchy and wife Gina Ezratty first started talking in the late 1990s about a new dot-com business, the business idea seemed straightforward enough. Sell specialty products over the Internet. Satisfy gift-givers who want to honor life's milestones for special someones. Top off birthdays, e...
Hoping to stay competitive and avoid more drastic measures in the future, Microsoft plans to reduce costs by US$1 billion this fiscal year by trimming employee benefits and cutting other expenses. The savings will come from a more coordinated marketing effort among the company's various divisions an...
It is a common business scenario: A new CEO takes over a struggling company and vows to put it on more solid financial footing. He assures investors that he will cut only the fat from the ailing organization, leaving the muscle and bone the company will need to thrive intact. But when it comes time ...
Idealab and CMGI were among the most widely praised models of the New Economy. But they were both hit, and hit hard, by the implosion of the dot-com sector. Now, they are in the fight of their lives to survive. The questions facing these companies are big ones. Can Idealab generate enough brainstor...
The U.S. Security and Exchange Commission's investigation of fraud at e-mail services firm Critical Path has yielded charges against three former company executives for participating in a plan to fraudulently bolster financials in 2000. Two of the former executives have agreed to settle the case....
Many e-commerce firms were doomed to fail the moment their founders hatched their shaky business concepts. But a few promising online business models undeservedly sunk with the receding technology tide or were otherwise hampered by poor execution. "There was a determination to be pure online play...
Music file-swapping network Napster inched closer to being reborn as a legitimate, paid service Monday when it announced a preliminary settlement of a class-action lawsuit filed by songwriters and music publishers. Napster said it agreed to pay US$26 million to the National Music Publishers' Associ...
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