Electronics giant Sony plans to cut 10,000 jobs in order to stabilize the company’s increasing losses. Two days before the announcing the trimming of the number of company employees, Sony readjusted it projected losses for fiscal 2011 from $2.7 billion to $4.6 billion, according to a USA Today report. […]
Other News
AOL Sells 800 Patents to Microsoft
Once considered the face of the internet, America Online announced on Monday, April 9, that it finalized a deal to sell more than 800 of its patents to Microsoft for $1.06 billion. AOL kept about 300 patents, while selling the rest in a formal auction which accepted bids until […]
BMW recalls 1.3 million cars worldwide
The letters B-M-W are often associated with the “luxury and performance vehicles” characterized by the German manufacturer’s website. However, as of March 26, 2012 they are associated with the word “recall.” BMW made the decision to issue a recall of 1.3 million cars worldwide on March 16 and publicly […]
KPMG visits campus to discuss pending SEC regulations
The Accounting and Business Association hosted another high profile firm at their meeting last week as representatives from KPMG, one of the world’s largest professional service consultants, spoke to ABA members and Smith school students. Visitors to the event packed into room […]
Smith School start up aims to innovate corporate social responsibility
Have you heard of Triple Impact? It may sound familiar due to the 1992 action movie with Dale Cook, or the PureMinerals mascara brand. But this name refers to something else. It is the winner of the viewer’s choice award this past weekend at the Pitch Dingman Competition hosted […]
terpAMA hosts professional event with Fixation Marketing
Maryland’s chapter of the American Marketing Association, otherwise known as “terpAMA,” got an inside peak of the strategies of trade show and event marketing on Tuesday, thanks to a company called Fixation Marketing. The company’s CEO, managing director, and creative director arrived at Van Munching Hall at 6 p.m., […]
Andy Mrusko discusses his career in the music industry with MMBS
The music industry changed a lot between the mid 1970s through the 1980s a former record store buyer and manager said. Andy Mrusko, the Assistant Director of Marketing for the Stamp Student Union, spent 17 years in the industry. On Thursday, March 29, he spoke to a group […]
Rising oil prices create financial strain for students
In 2008, oil prices rose because the world believed was running short on oil. In 2012, we’re seeing a similar trend, but because of politics and wars in some of the areas that produce the most oil: Iran, Syria, Yemen, and South Sudan. This strain on the export of […]
Yahoo Appoints Three New Board Members
Yahoo Corporation announced three new members to be appointed to the company’s board of directors. However, the choices are drawing criticism from some of Yahoo’s shareholders, who believe that their opinions weren’t taken into consideration. The Yahoo board of directors chose to appoint John D. Hayes, Executive Vice President […]
Apple releases new iPad
Apple released its new iPad on March 16, with an improved camera lens, a sharper display, and up to 64 gigabytes of available memory. Entering the market just over one year after Apple introduced the iPad 2, the new iPad much praise from the faster network speed and its […]