Blackberry bounces back

Posted by & filed under Contemporary Business Issues, Corporate Restructuring.

Description:  Once written off for dead, Blackberry stock continues to rise. CEO John Chen has rewritten the Blackberry story by switching emphasis from the hardware market into supply of software. Concentrating on security, Blackberry’s software offers clients data protection in the midst of scary news on the data security front. Hardware now accounts for only… Read more »

Not again!

Posted by & filed under eCommerce.

Description:  Not again! Here comes another data breach. This time out Air Canada is revealing that some hotel bookings made by its customers may have been included in a breach of the Orbitz site. Orbitz first reported this data breach on March 20. The size of the problem is relatively small compared to some of… Read more »

E-commerce at Dollarama?

Posted by & filed under Financial Accounting.

Description:  We are used to hitting Dollarama with a couple of bucks in our pocket to plop down at the cash register while we pick up some low-priced merchandise. It hardly seems to bring to mind images of e-commerce. But now the discount retailer is planning on selling merchandise in bulk via the web, at… Read more »

Dumping Facebook

Posted by & filed under eCommerce, Student life.

Description:  In the light of the controversy surrounding Cambridge Analytics’ use of Facebook user data during the 2016 U.S. election, users are dumping Facebook in a #DeleteFacebook movement. One organization benefiting from the #DeleteFacebook trend is Mastadon. Mastadon – https://mastodon.social/about – is a decentralized social network, meaning its users, in effect, operate the network. And its code… Read more »

Bumping digital

Posted by & filed under Cost Accounting, Student life.

Description: For 2017,  the first time since 2011, combined sales of CDs and vinyl albums outpaced digital downloads of music. Meanwhile, music streaming services such as Spotify continue to grow, and in 2017 streaming accounted for roughly 2/3 of industry revenues. Vinyl, at only $400 million or so of an industry close to $9 billion,… Read more »

Challenging Starbucks

Posted by & filed under Student life, Sustainable Development.

Description: Two sixth-grade students from Calgary have gotten lots of attention for their online petition to encourage Starbucks to switch to fully-recyclable beverage cups. Mya Chau and Eve Helman have had over 300,000 signatures on their petition on Change.org. Environmental groups have supported the two young environmentalists by funding them to travel to the Starbucks annual… Read more »

Texture for Apple

Posted by & filed under Financial Accounting, Financial Reporting and Analysis.

Description: Apple is taking steps to advance its role in media content through its purchase of Texture. Texture, originally known as Next Issue, allows subscribers to access content from over 200 magazines for a subscription fee of $9.99 per month. We don’t seem to know at this point what amount Apple paid for this media entity,… Read more »

Equifax insider

Posted by & filed under Data security, Ethics.

Description: Many of us recall the Equifax data hack last year. Approximately 150 million consumers may have had their private data fall into the hands of the hackers. And many were shocked to hear last year that Equifax waited a number of weeks before revealing the security breach to the public. Now we are finding… Read more »

Dropbox IPO

Posted by & filed under IPO.

Description: It’s one of the more widely anticipated Initial Public Offerings (IPO) of 2018: the IPO for cloud storage company Dropbox. Going public does appear to have changed the valuation of Dropbox. Whereas Dropbox was valued at $10 billion in a round of private funding 4 years ago, it is closer to $7.5 billion in… Read more »

Rogers, Bell raising rates

Posted by & filed under Marketing & Strategy, Student life.

Description: Rogers and Bell are raising rates.  This Monday, March 12, Rogers is cranking up the rates on most of its internet plans by $8 a month. Then, starting April 1, Bell will follow suit with increases up to $5 per month in certain areas. Needless to say, customers are not happy. Telus, the other large… Read more »