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Opinion: FCC proposal over-regulates texting to detriment of Pacific Northwest businesses, residents
John Lauer, CEO of Seattle texting software company Zipwhip, argues that the new rules would hurt small businesses and startups like his.
Updated: Opinion split on Nike Kaepernick ad
A controversial ad released on Monday by Nike has generated $220 million in publicity for the company, with an even split between those who view it positive and those who view it negatively, according to Apex Marketing Group. The firm analyzed TV, radio, online and social media exposure. As of Friday morning, the ad had generated $69 million in positive publicity and $67 million in negative publicity, a nearly even split. Another 38 percent, worth $83 million in publicity, remain neutral. The…
How Lowe’s CEO wants to boost profits and customer service, sans Orchard Supply
Lowe’s Cos. Inc. CEO Marvin Ellison, the home improvement chain’s newly hired chief who made the decision to fold the Orchard Supply Hardware brand, has a plan to improve customer service, boost profitability and cut costs. Ellison unveiled that plan Thursday while talking at the 25th Annual Global Retailing Conference in New York, sponsored by Goldman Sachs. The presentation was broadcast online for customers, media and analysts to listen. After only two months on the job as Lowe’s CEO, Ellison…
Kidder Mathews hires new exec to lead brokerage in Northern California, Nevada
Commercial real estate firm Kidder Mathews has brought on Eric Luhrs to lead its brokerage in Northern California and Nevada regions. Luhrs, who will be at the helm of the company’s San Francisco, Redwood City, San Jose, Sacramento, Roseville and Reno offices, starts as executive vice president of brokerage on September 11, the firm said. “I’m excited about the opportunity to be part of Kidder Mathews and to help contribute to their growth in the Northern California markets,” Luhrs said…
Verizon’s Armstrong said to be eyeing exit, leaving tasks unfinished
Oath CEO Tim Armstrong is, once again, rumored to be leaving the company. The leader of Verizon Communications Inc.’s (NYSE: VZ) media and advertising business, a mesh of AOL and Yahoo assets, this spring was believed to be a candidate to replace Martin Sorrell at advertising conglomerate WPP plc (NYSE: WPP). That move didn’t come to pass — Mark Read recently was named to succeed Sorrell — but Armstrong again is said to be in talks to leave the media company, according to The Wall Street…
Fintech Robinhood headed toward IPO, on hunt for a CFO
Menlo Park-based fintech Robinhood is prepping to go public, Techcrunch reports. “It’s something we think is very much in the future,” CEO Baiju Bhatt said at TechCrunch Disrupt onstage. “Being a public company closely aligns with our mission — not in the immediate term, but it’s something we’re thinking about.” Founded in 2013, the mobile app stock-trading platform is valued at $5.6 billion, after a $363 million series D funding round in May. Led by Russian investor Yuri Milner’s DST Group,…
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