Apple Music hits 11 million trial members in first wave
Apple reports 11 million trial members for Apple Music after launch on June 30, with 2 million on the family plan. Service costs 9.99 per month, offers 30 million songs, human-curation playlists, and a three month free trial. Apple Store revenue rose to a July high of 1.7 billion, while stock slid from a $134.54 high as investors weigh US saturation against China growth.
MENTIONED IN THIS ARTICLE
Apple
USA Today
Eddy Cue
Internet
Apple Music
Spotify
China
Cue
Asia
Keurig Green Mountain to cut staff amid sales slump
Keurig Green Mountain plans a 5 percent workforce reduction after reporting a steep third quarter sales decline. Shares dropped 29.8 percent to close at 52.67 dollars as CEO Brian Kelley pledged decisive actions to remain competitive. CBS notes 30 second Super Bowl ads will fetch up to 5 million dollars, a record. Coca Cola bottlers form a merger to cut costs. Coca-Cola European Partners will be the new entity formed from Coca-Cola Erfrischungsgetränke Coca-Cola Enterprises and Coca-Cola Iberian Partners.
MENTIONED IN THIS ARTICLE
Keurig
Keurig Green Mountain
Brian Kelley
CBS
Les Moonves
NBC
Coca- Cola
Coke
Coca-Cola Erfrischungsgetranke
Coca-Cola Enterprises
Coca-Cola Iberian
Coca-Cola European Partners
Motorola Solutions a push to reinvent for public safety gear
Motorola Solutions expands beyond traditional communications gear with smart belts smart glasses and tethered drones to aid law enforcement. A $1 billion stake from Silver Lake fuels the drive alongside partnerships with Skyscape Cloud Services and Wynyard and the acquisition of PublicEngines as real time intelligence tools roll out to agencies.
MENTIONED IN THIS ARTICLE
PublicEngines
Schaumburg
Ill
Chicago
Motorola
USA Today
Ackman targets Mondelez maker of Oreos and Ritz
Activist investor William Ackman’s Pershing Square has built a 7.5 percent stake in Mondelez International, owner of Oreo cookies and Ritz crackers, signaling potential talks of a takeover. The move aims to boost margins toward the high teens or 20s, with analysts speculating on Berkshire Hathaway or 3G Capital as possible bidders.
MENTIONED IN THIS ARTICLE
Ackman
William Ackman
Mondelez International
Deerfield
Ill
Nelson Peltz
Mondelez
Rosenfeld
Pershing Square
Morningstar
Erin Lash
Warren Buffett
Berkshire Hathaway
Brazil
3G Capital
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Daniel Acker
Bloomberg
DOW Jones Industrial
Mer
S&p
Marketwatch.com
USA
Marriage Equality Impact
Wells Fargo
Jae Yang
Paul Trap
Randy Ekl
Advanced Systems Technology
CyPhy Works
Bruce Mueller
Wireless Research
Alyssa L. Schukar
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