An Oculus Rift headset on every face. Now that Facebook bought Oculus VR for $2 billion, the company can sell the headsets at cost, CEO Brendan Iribe tells Time. You can preorder the developer kit today for $350. But that price will drop in the future. Show More Summary
The following is a guest contributed post from Dick Beedon, CEO of Amplifinity. There seems to be a consensus that referrals are the best form of leads. They close faster, buy more and stay longer. In fact, great sales people have been good at generating referrals for what seems like forever. Until recently, large corporations […]
CEO Hubert Joly has Best Buy making money again, but he still has a lot of work to do to fix the company.
Best Buy Co. (BBY) Q4 2014 Results Earnings Conference Call February 27, 2014, 8:00 a.m. ET Executives Bill Seymour - VP, Investor Relations Hubert Joly -CEO Sharon L. McCollam - CFO Analysts Michael Lasser - UBS David Magee - SunTrust...Show More Summary
Microsoft Corporation (NASDAQ:MSFT) has a new CEO. Satya Nadella is taking over for Steve Ballmer. From the outside, this may look like one of the best CEO jobs in the tech industry. However, as we dig deeper it is easy to see that there is a lot of pressure associated with the position. There is […]
My longer form reads to start your weekend: • Indecision is sometimes the best way to decide (Aeon) • Most Germans don’t buy their homes, they rent. Here’s why (Quartz) • The Techtopus: How Silicon Valley’s most celebrated CEOs conspired to drive down 100,000 tech engineers’ wages (Pando Daily) • Swedroe: The Sad Truth About...Read More
CEO calls latest financial results a "speed bump," but concedes it will take years to reverse the electronics retailer's decline
Best Buy shares are collapsing after the company reported abysmal holiday sales results. The disaster is surprising to many because Best Buy's turnaround had been lauded by Wall Street analysts for the past year. CEO Hubert Joly presented...Show More Summary
Have you ever heard of Hubert Joly? No worries -- no one else had either when he was named the CEO of Best Buy in mid 2012. NB -- I'm sorry to feature an American retailer -- but Joly is French and the story I believe is universal and important. Back to my narrative... Not only was he French, he came -- horrors -- from the travel industry... Show More Summary
How many months does the average full-time McDonald's, Starbucks, Gap, Target or Best Buy worker need to work in order to match what the CEO makes in an hour? Place your bets, then hit the link for knowledge. Depressing, awful knowledge. Read more...
Dozens of retailers responded to consumer demand by opening stores earlier than ever on Thanksgiving night, including Macy’s, Toys “R” Us, Walmart and Best Buy, to name a few. When asked about the fact that they opened on Thanksgiving...Show More Summary
Dozens of retailers responded to consumer demand by opening stores earlier than ever on Thanksgiving night, including Macy’s, Toys “R” Us, Walmart and Best Buy, to name a few, When asked about the fact that they opened on Thanksgiving...Show More Summary
NEW YORK (Reuters) - Best Buy Co Inc has seen high demand for the Sony PS4 gaming console and at one New York City location it had sold out, the retailer's chief executive said on Thursday.
NEW YORK (Reuters) - Best Buy Co Inc has "pretty much run out" of the new PlayStation 4 gaming console, the retailer's chief executive said on Thursday.
It looks like Steve Ballmer wasn’t the only famous tech CEO who underestimated Dropbox’s staying power. ITBusiness.ca reports that Dropbox CEO Drew Houston this week recounted how late Apple cofounder Steve Jobs tried to buy out hisShow More Summary
Best Buy shares have risen a staggering 290% over the past 52 weeks. That fact alone lends itself to the seeming success of CEO Hubert Joly's Renew Blue turnaround plan. But if you think the stock will continue to race skywards, youShow More Summary
Best Buy's amazing turnaround keeps gaining momentum. The retailer's share price has more than doubled in the past year as CEO Hubert Joly makes changes that are helping Best Buy compete against retailers like Amazon and Wal-Mart. One...Show More Summary
The CEO of the world's third-largest generic drug company thinks U.S. health care needs more consumer spirit.
Best Buy Co., Inc. (NYSE:BBY), the nation’s largest big box electronics retailer, has had quite an impressive run this year (shares are up 220% year-to-date). New CEO Hubert Joly can be thanked for much of the revitalization of the business, but his recent actions could take the stock lower. Hubert is selling half his stake […]
After a 220% run in the stock price this year, Best Buy's new CEO is selling half of his stake in the company. This comes on top of several recent sales by insiders.