Business

Business
McDonald’s Weighs Partial Sale Of Dynamic Yield
February 28, 2021

McDonald’s is considering selling part of a company it acquired to boost digital orders, The Wall Street Journal (WSJ) reported. McDonald’s bought Dynamic Yield for more than $300 million, according to WSJ. The Israel-based company, which operates independently within McDonald’s, states on its website that...

Business
Some Businesses Gloss Over Pandemic’s Impact On Revenue
February 23, 2021

Many businesses have not accurately reported the impact of the pandemic on their bottom line, The Wall Street Journal reported on Tuesday (Feb. 23). Financial metrics don’t have to follow generally accepted accounting principles (GAAP), which makes it hard for investors to get a good picture...

Business
Digital Banking Software Provider Alkami Taps Goldman Sachs For IPO Prep, Report Says
February 23, 2021

U.S.-based banking software company Alkami Technology is planning an initial public offering (IPO) that could be valued at $3 million, Reuters reported on Monday (Feb. 22). Alkami has also chosen Goldman Sachs to lead the preparations for the IPO. The company, based in Plano, Texas,...

Business
US Business Activity Expands In January
January 24, 2021

Operators of U.S. private businesses reported that 2021 is off to a good start overall, but signs of inflation are on the rise, and the jobs market outlook is somewhat gloomy, according to a press release from research firm IHS Markit. The findings were generated...

Business
ViacomCBS Streaming Service Paramount+ To Launch In March
January 19, 2021

ViacomCBS is planning a March 4 rollout of Paramount+, its new streaming service rebranded from CBS All Access, the company said in a press release on Tuesday (Jan. 19).  The newly rebranded entertainment platform will be launched first in the U.S. and Latin America, followed...

Business
From Comfy Sweats To Big Corporate Bets; 5 WFH Trends That Look Set To Stay
January 01, 2021

“The future comes one day at a time,” statesman Dean Acheson, architect of the Cold War’s Truman Doctrine once said. While the post-war issues of the 1940s and ’50s clearly carried their own unique set of global challenges, it could be argued that the fallout...

Business
Zoom Explores Email, Calendar Tools To Compete With Google, Microsoft
December 23, 2020

Spurred by accelerated use amid the coronavirus pandemic, Zoom is considering the integration of calendar and email tools to better compete with Microsoft and Google, The Verge reported on Wednesday (Dec. 23), citing the Information. This year, the Silicon Valley video conferencing startup saw its...

Business
Digital Ad Spending Now 51 Pct Of US Total For First Time
December 01, 2020

Over half of U.S. advertising spending this year, or 51 percent, will go to Big Tech, such as Amazon, Google and Facebook, as the pandemic drastically affects the industry, according to The Wall Street Journal (WSJ). This is the first time that milestone has been...

Business
Event Businesses Face Grim 2021 As Would-Be Conference-Goers Retreat
November 17, 2020

In the seemingly glacial crawl marking the return to normalcy across various corners of the business world… …there may be green shoots budding, or at least on the horizon, for the business event space. On the other hand, any real rebound would take a while amid...