Posts Tagged ‘American Express’

American Express posts
Innovation over profits: why everyone from GM to American Express is getting in on Silicon Valley

Innovation over profits: why everyone from GM to American Express is getting in on Silicon Valley

The days of “focus on what you’re good at” are behind us. It’s no longer adequate for businesses to stay isolated and let technology get built around them. They want to get involved. Starbucks, for example, is in the business of coffee, but that didn’t stop them from investing $25 million in Square, a mobile payment company. Will it help them make better coffee? No. Will it potentially improve their bottom line by streamlining the way that many customers will be able to buy their coffee at 7,000 US stores? Maybe. Partnerships and agreements are not always enough, though. In the past, there would have…

As Facebook sinks, Zynga gets dragged down with them

As Facebook sinks, Zynga gets dragged down with them

In Aladdin, when Jafar was pulled into the lamp after making a monumental mistake of going for too much power, he grabbed his untrusty sidekick on his way down to be stuck in lamp limbo together. The same things seems to be happening with Facebook and Zynga; as Facebook’s IPO crumbles, Zynga’s shares continue to sag. In this Chart of the Day by Statista, it’s easy to see how the fate of the larger company is dramatically affecting the future of the smaller, dependent company. Click to enlarge. Related articles An Inside Look at Zynga’s Bribable Approach to Customer Loyalty (dailyfinance.com) Zynga,…

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