The Boston Herald
1) Amazon Giving Refunds on Hoverboards
Amazon is now giving refunds on hoverboards as the U.S. Consumer Product Safety Commission continues to investigate the safety of these self-balancing boards. The article applauses Amazon's ethical decision making to refund its customers who purchased a hoverboard as overboard's have not been approved from a safety standpoint and have backfired with several issues concerning overheating and catching on fire. The problem presented in the story is that hoverboards have been sold to consumers but are now beginning to be recalled due to product malfunction. The manufacturing and engineering companies of the hoverboard have the problem as they have to first fix the overheating problem and then remanufacture and distribute the hoverboards.
http://infoweb.newsbank.com.lp.hscl.ufl.edu/resources/doc/nb/news/15A8A5B9E2517A08?p=AWNB
2) DraftKings, FanDuel are Illegal, says Texas AG
Texas' Attorney General Ken Paxton declared DraftKings and FanDuel to be a form of illegal gambling as individuals pay a fee to participate and bet on players and games. He claims that the court system would rule the participation in daily fantasy sports as illegal for the involvement of money with placing bets on sports games. Daily fantasy sports is a rapidly growing industry as individuals have the opportunity to place money on athletes in several of the major sports. This placing bets on players is a form of gambling, thus the continuous dispute over the legality of fantasy sports. Paxton then placed the pressure on the Texas Legislature to get the legal framework adjusted to make daily fantasy sports permissible.
http://infoweb.newsbank.com.lp.hscl.ufl.edu/resources/doc/nb/news/15A7FDB3DA2F9148?p=AWNB
3) Wal-Mart to shut 269 stores, including two Sam's in Mass.
Wal-Mart is changing the focus of their company. The company is starting by downsizing as they review through the financial performances of its stores and how it fits in their long-term plans. Wal-Mart earnings have been strained by its decision last year to raise entry-level wages and invest more money in its online business to better compete with Amazon. Wal-Mart claims it will focus on strengthening its Supercenters while continuing to grow and expand customer pickup services. The problem in this article is with Wal-mart's business plan and decision making for future financial decisions.
http://infoweb.newsbank.com.lp.hscl.ufl.edu/resources/doc/nb/news/15A7546B8587E4C0?p=AWNB
4) Time for cos. to snap to it - Platform can't be ignored
This article is promoting Snapchat and its growth and development since its design founded in 2011. According to the article, Snapchat already has as many video views on a daily basis as Facebook and Snapchat is really only marketed towards teens and adults in their low to mid 20's. Snapchat also has a feature called "discover" that allows its users to access articles and news stations such as CNN and BuzzFeed while on Snapchat. The problem is that Snapchat is bypassing other major social media apps as its an innovative app that involves video and picture as well as banking, news, and chat abilities.
http://infoweb.newsbank.com.lp.hscl.ufl.edu/resources/doc/nb/news/15A06902145D3608?p=AWNB
5) Advanced child's play - New generation of tablets emerges
The market for phones and tablets for younger children continues to grow. Originally, educational-based tablets like LeapFrog were originally targeted for middle schoolers but the tablet has wound up being sold and better-suited for elementary aged children. Therefore, the makers of LeapFrog have designed a new tablet that resembles the features of an adult's tablet for teenagers. This tablet still accesses the internet but these sites are monitored to kid-safe sites. The article presented the problem of needing to find new marketing tactics to sell the tablet angled more towards middle schoolers. Problems surrounding the tablet include a large enough market for the sale of these tablets to take off. The new Kurio's Smart tablet lets kids do what they previously could on their parent's tablet like typing up and saving their homework or playing games and watching videos. The tablet also has extra cushioning on the sides for protection as well as a guaranteed replacement if it is broken in its first two years.
http://infoweb.newsbank.com.lp.hscl.ufl.edu/resources/doc/nb/news/159F6C4115ED9238?p=AWNB
Hey Greg,
ReplyDeleteThis are great opportunities you have been able to identify. Really bad wal-mart is closing that much stores, but I believe it is time for them to make a change. In my own opinion their stores are not well organized, It takes too much time trying to find something because everything is everywhere. Good to know they want to make a change. Here is the link to the opportunities I believe I identified if you are interested in reading it http://cabuawad.blogspot.com/2016/01/identifying-local-opportunities.html
Hey it's Do Hyub Han, I do agree that Walmart closing down is very bad for the consumer's perspective. They already showed signs of economic problems when they took a lot of cash registers away later at night. The convenience of Walmart lost it's purpose in my opinion when other supermarkets such as Target started to sell food and pretty much everything as well. Although I do like Walmart's convenience more than Targets. I do feel sad that Walmart is closing many stores due to this reason.
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