Zoom Is Now Worth More Than ExxonMobil—And Founder Eric Yuan’s Net Worth Has Nearly Doubled In Three Months

Posted by & filed under Part 1 Business in a Global Environment, Part 2 Starting and Growing Your Business, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 5 Managing Technology and Information, Part 6 Managing Financial Resources.

Description: High-flying video conferencing service Zoom, which has seen skyrocketing demand during the coronavirus pandemic, is now worth more than ExxonMobil, one of the world’s largest oil and gas companies. Source: Forbes.com Date: Oct 29, 2020 Link: https://www.forbes.com/sites/sergeiklebnikov/2020/10/29/zoom-is-now-worth-more-than-exxonmobil-and-founder-eric-yuans-net-worth-has-nearly-doubled-in-three-months/#41865ea61002 Questions for discussion: Explain the sudden rise in value of Zoom? How can Zoom earn more revenue?… Read more »

Reddit won’t lower employee pay if they move out of high-cost cities like San Francisco

Posted by & filed under Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 5 Managing Technology and Information.

Description: Reddit said Tuesday it won’t lower pay for employees who choose to move out of high-cost cities following the coronavirus pandemic. That means employees will be compensated as if they live in places like San Francisco, where Reddit is headquartered, even if they move to a much cheaper locale. Source: CNBC.com Date: Ocy 27,… Read more »

US Digital Users 2020

Posted by & filed under Part 1 Business in a Global Environment, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 5 Managing Technology and Information.

Description: Some Media Activities Got a Pandemic Bump, Others Didn’t. Here’s Why. Source: eMarketer.com Date: Ocy 20, 2020 Link: https://www.emarketer.com/content/us-digital-users-2020?ecid=NL1001 Questions for discussion: What are the highlights presented? Are any of these findings surprising to you? Strategically, what should businesses do with this information?

Even at the Height of the Pandemic, Many US Adults Still Unplugged from Their Devices

Posted by & filed under Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 5 Managing Technology and Information.

Description: Long before consumers were stuck at home during the pandemic—and forced to rely on technology as the only way to communicate or spend time with friends and family—tech addiction was making headlines. Many struggled to put down their phones and enjoy real-life facetime, leading some to intentionally unplug. Source: eMarketer.com Date: Ocy 02, 2020… Read more »

Google commits $1 billion in licensing payments to news publishers over next 3 years

Posted by & filed under Part 1 Business in a Global Environment, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 5 Managing Technology and Information.

Description: Google said Thursday it will pay publishers more than $1 billion over the next three years to license news content for a new product called Google News Showcase. Source: MarketWatch.com Date: Oct 02, 2020 Link: https://www.marketwatch.com/story/google-commits-1-billion-in-licensing-payments-to-news-publishers-over-next-3-years-2020-10-01?mod=home-page Questions for discussion: Describe the new model Google is rolling out. Do you think it will satisfy most… Read more »

As Donations Shift in the Pandemic, New Databases Aim to Help

Posted by & filed under Part 1 Business in a Global Environment, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 5 Managing Technology and Information.

Description: As Donations Shift in the Pandemic, New Databases Aim to Help Source: NYTimes.com Date: Sep 25, 2020 Link: https://www.nytimes.com/2020/09/25/your-money/donations-social-causes-coronavirus.html Questions for discussion: What does the article say is happening to donor behavior at this time? How are databases helping organizations?

Telemedicine

Posted by & filed under Part 1 Business in a Global Environment, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 5 Managing Technology and Information, Part 6 Managing Financial Resources.

Description: When the coronavirus hit, medical practitioners started ramping up their virtual offerings – notably appointments via videoconferencing apps such as FaceTime and Zoom – as a way to continue caring for patients and keep their businesses alive. Source: Bloomberg.com Date: Sep 12, 2020 Link: https://www.bloomberg.com/quicktake/telemedicine?srnd=businessweek-v2 Questions for discussion: What does the report say about… Read more »

Crisis Management: Walmart+ ‘not aggressive enough’ to take on Amazon

Posted by & filed under Part 1 Business in a Global Environment, Part 2 Starting and Growing Your Business, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 5 Managing Technology and Information.

 Description: Yahoo Finance Canada’s Alicja Siekierska and strategy expert Mark Satov discuss Walmart’s new membership service and how it will stack up against Amazon Prime. Source: Yahoo.Finance.com – video report Date: Sep 04, 2020 Link: https://ca.finance.yahoo.com/video/crisis-management-walmart-not-aggressive-194154877.html Questions for discussion: What does the report say about Walmart’s effort to launch a competing plan against Amazon Prime?… Read more »

Roku CEO Anthony Wood

Posted by & filed under Part 1 Business in a Global Environment, Part 2 Starting and Growing Your Business, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 5 Managing Technology and Information, Part 6 Managing Financial Resources.

Description: Roku CEO Anthony Wood talks about Roku’s business model, streaming technology and it’s relationship with content providers like Disney. Source: CNBC.com – video report Date: Feb 15, 2020 Link: https://www.cnbc.com/video/2020/02/14/watch-cnbcs-full-interview-with-roku-ceo-anthony-wood.html Questions for discussion: Summarize the key points made by Anthony Wood favouring the growth of streaming and Roku in particular. How is Roku complementing… Read more »

Zuckerberg: Our new honesty-first approach is ‘going to piss off a lot of people’

Posted by & filed under Part 1 Business in a Global Environment, Part 2 Starting and Growing Your Business, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 5 Managing Technology and Information, Part 6 Managing Financial Resources.

Description: Facebook CEO Mark Zuckerberg on Friday said the social media company is going to stand for principles it believes in whether or not people like it. Source: CNBC.com – video report Date: Jan 31, 2020 Link: https://www.cnbc.com/2020/01/31/mark-zuckerberg-silicon-slopes-speech-honesty-will-piss-off-people.html Questions for discussion: What are the issues facing social media firms like Facebook? What do you think about… Read more »