Attention dumbphones, point-and-shoot cameras and music players: sorry to tell you this, but it looks like your days may be numbered. According to a new survey out from Accenture (embedded below and released to coincide with the CES show), consumers are moving away from buying “single-use” devices and opting instead for those that offer the ability to do many things, with smartphones (at 41% of… → Read More
While consumer electronics (CE) merchandise returns are often an overlooked scenario for consumers they are undoubtedly top of mind for manufacturers and retailers because of their billion dollar price tag. “Put another way, manufacturers spend about 5 percent to 6 percent of revenues to manage all aspects of a customer return. For retailers, returns represent approximately 2 percent to 3… → Read More
Basho Technologies, a data storage and management software startup serving the enterprise market, this morning announced that it has raised $7.5 million in Series D funding.
In addition, Basho announced that its board of directors has named Donald J. Rippert, long time CTO of Accenture, as the company’s new president and chief executive officer. → Read More
Nokia this morning announced that it is establishing a new ‘Location & Commerce’ business unit, which will be formed by integrating the NAVTEQ business with its social/location services operations. Effective July 1, 2011, Michael Halbherr will become executive vice president of the new unit and spearhead Nokia’s self-described “revised mission in mobile and location-based services”.
Halbherr… → Read More
It was inevitable. Nokia this morning announced plans to ‘align its global workforce and consolidate site operations’. That means significant layoffs and reorganizations across the board, of course, so here are the details:
First off, Nokia will be cutting its workforce by roughly 4,000 employees by the end of 2012. The giant phone manufacturer has partnered with Accenture to transfer all its … → Read More
It was inevitable. Nokia this morning announced plans to ‘align its global workforce and consolidate site operations’. That means significant layoffs and reorganizations across the board, of course, so here are the details:
First off, Nokia will be cutting its workforce by roughly 4,000 employees by the end of 2012. The giant phone manufacturer has partnered with Accenture to transfer all its … → Read More
Big Apple business leaders are at it again—trying to make New York City as sweet a home as can be for tech startups, this time with a 12-week bootcamp-type program, called the FinTech Innovation Lab. The lab is geared for entrepreneurs with skills and concepts that could benefit Wall Street.
According to a statement from the New York City Investment Fund, the U.S. financial services industry… → Read More
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