Gossip Destiny: E-Commerce Minute

E-Commerce Minute: Tuesday -- April 26, 2016

The E-Commerce Times -- E-Business Means Business
http://www.ecommercetimes.com
Part of the ECT News Network

Headline Scan
Apple's Q3 Report Expected to Be Light on Good News
Apple's Books, Movies Fall Victim to Chinese Crackdown
The Successful B2B Relationship: It's About Time
Treasury Department Examines Internet's Impact on Finance System
Unicorn Herd Threatens Silicon Valley, Warns VC
Volkswagen Agrees to Fix or Buy Back Dirty Diesel Cars
Intel Pivots From PCs to Cloud
EFF Sues DoJ Over Secret Data Decryption Requests
Red Hat Goes All-In on OpenStack
Google Fattens Up Entertainment Programming Search Results
Fusion Launches Enterprise Cloud Contact Center Solution

Today's Story Highlights

Apple's Q3 Report Expected to Be Light on Good News

Apple shares closed at $105.08 Monday -- down 60 cents -- as the market
steeled itself for what's expected to be a gloomy quarterly earnings
call on Tuesday. Apple will underperform the smartphone industry and
become the only global top-five brand to see shipments decline in 2016,
predicted Ming-Chi Kuo, a KGI Securities analyst who previously has made
several accurate calls on the company.
http://www.ecommercetimes.com/story/83419.html

Apple's Books, Movies Fall Victim to Chinese Crackdown

The Chinese government ordered Apple to shut down its iBooks and iTunes
Movies services in the country, according to news reports published last
week. China's State Administration of Press, Publication, Radio, Film
and Television reportedly called for the closure. The government in
February announced a policy banning all foreign media from publishing in
China without direct approval.
http://www.ecommercetimes.com/story/83414.html

The Successful B2B Relationship: It's About Time

Respect is a vital ingredient in any mutually beneficial relationship,
and that's never truer than in the case of business-to-business buyers
and sellers. The most elementary way a seller shows a commitment to a
healthy customer relationship is through an ongoing display of respect.
That means a relationship in which the seller shows an understanding of
the buyer's needs.
http://www.ecommercetimes.com/story/83417.html

Treasury Department Examines Internet's Impact on Finance System

Information technology -- especially the Internet -- can have a positive
impact on the U.S. financial system. Used improperly, however, such
tools can wreak havoc on the financial sector and consumers. The Office
of the Comptroller of the Currency, a unit of the U.S. Department of the
Treasury, has launched an initiative on the future of e-commerce finance
in light of technology innovation.
http://www.ecommercetimes.com/story/83413.html

Unicorn Herd Threatens Silicon Valley, Warns VC

The age of Unicorn investing has led to alarming overvaluations of
startups that could result in an afterparty roll call not seen since
1999, Silicon Valley VC Bill Gurley warned Thursday. Gurley, a general
partner at Benchmark, raised a red flag over the large number of tech
startups valued at more than $1 billion, and suggested that the rise of
Unicorn fundraising has put the financial health of the industry at
risk.
http://www.ecommercetimes.com/story/83412.html

Volkswagen Agrees to Fix or Buy Back Dirty Diesel Cars

Volkswagen has reached an agreement to repair or replace about 500,000
diesel cars in the U.S., according to court documents released Thursday.
The cars were equipped with software designed to deceive emissions
tests. Under the agreement, announced Thursday in U.S. District Court in
San Francisco, Volkswagen will pay back an undetermined amount of money
to owners of the affected vehicles.
http://www.ecommercetimes.com/story/83410.html

Intel Pivots From PCs to Cloud

Intel this week announced that it would slash 12,000 jobs as part of a
restructuring plan to focus more on cloud-based computing and the
Internet of Things and less on PCs. The cuts, which will involve about
11 percent of Intel's global workforce, will be achieved through
voluntary retirements and layoffs, the consolidation of job sites, and a
re-evaluation of existing and planned programs.
http://www.ecommercetimes.com/story/83407.html

EFF Sues DoJ Over Secret Data Decryption Requests

The EFF has filed suit against the Justice Department seeking to learn
whether the federal government secretly ordered technology companies to
decrypt the private communications of their customers. Such orders could
place millions of customers in harm's way, the complaint says. The suit
seeks the release of records originally requested last fall under the
Freedom of Information Act.
http://www.ecommercetimes.com/story/83404.html

Red Hat Goes All-In on OpenStack

Red Hat on Wednesday announced the general availability of Red Hat Cloud
Suite and OpenStack Platform 8. The offerings provide a complete,
integrated hybrid cloud stack with a container application platform,
massively scalable infrastructure and unified management tools, the
company said. They are available individually or in a single solution
with Red Hat Cloud Suite.
http://www.ecommercetimes.com/story/83406.html

Google Fattens Up Entertainment Programming Search Results

Google will begin listing live air times for TV shows in its search
results, Danial Alegre, president of global partnerships announced
Wednesday at the National Association of Broadcasters trade show in Las
Vegas. This new feature will allow users to search for movies and TV
shows. Results will show availability on broadcast and cable TV
channels, as well as streaming and online rentals.
http://www.ecommercetimes.com/story/83402.html

Fusion Launches Enterprise Cloud Contact Center Solution

Fusion this week launched Contact360, an enterprise cloud contact center
solution developed in collaboration with Technology for Business, the
partner it acquired earlier this month. "Fusion will be offering a clear
migration path to the cloud for TFB's Fortune 500 enterprise and
government customers, and will sell into our own base of 13,000 business
customers," said EVP Jan Sarro.
http://www.ecommercetimes.com/story/83398.html

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