MARKETING

Oracle To Buy Cloud Social Marketing Platform Vitrue

Company Logo Shown at Headquarters for Oracle Corp in Redwood City
Oracle Corp. (Nasdaq: ORCL), the No. 1 database company, said it would acquire private cloud media marketer Vitrue for an undisclosed sum a day after German rival SAP (NYSE: SA), Europe's No. 1 software company, offered to acquire e-commerce specialist Ariba Inc. (Nasdaq: ARBA) for $4.3 billion.
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New York Times beats profit forecast; shares rise

New York Times Co reported a better-than-expected profit on Thursday as investors brushed past the company's drop in print and digital advertising revenue and focused more on the company's ability to manage costs.
U.S. Retail Sales

March US Retail Sales Rose 0.8%, Higher Than Expected

Sales at U.S. retailers rose sharply for the third straight month in March, as Americans continued to weather the hike in gasoline prices and splurged on buying new cars and renovating their homes.
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Macy's CEO sees stores borrowing ideas from online

Imagine a kiosk inside a Macy's Inc store that pulls up customer reviews and lets shoppers pay on the spot, or an electronic concierge in the cosmetics section that can recommend skin care products across brands in the store that can best help with a blemish.
New research shows that runaway growth in the financial sector is detrimental to the real economy, as highly skilled workers gravitate toward finance and industries dependent on outside investment suffer. (Reuters)

US Producer Prices Unchanged In March; Core Up 0.3%

The producer price index remained unchanged in March, as an unexpected drop in fuel prices offset increases in food and core prices, according to a report released Thursday by the U.S. Bureau of Labor Statistics.
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NYC Pilot Program To Replace Pay Phones With Tablets

New York City will launch a pilot program in which it will replace pay phones throughout the city with touch-screen like tablets. The program is scheduled to begin in May and will specifically target 250 of the city's 12,800 public pay phones to be replaced by the touch-screen kiosks. The kiosks will allow users to access local information in 10 different languages.
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Best Buy CEO out; retailer hit by market change

Best Buy Co said Chief Executive Brian Dunn has resigned from the world's largest consumer electronics chain, which has struggled against stepped-up competition from internet retailers and discounters.
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Court revives Rosetta Stone suit vs Google

A federal appeals court on Monday revived the bulk of language-software maker Rosetta Stone Inc's trademark infringement lawsuit against Google Inc.
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UK probes Apple iPad marketing over 4G access

Britain's advertising regulator is deciding whether to launch an inquiry into Apple Inc's marketing of its latest iPad following what some customers said were misleading claims about access to 4G, which is not available in the country.
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Political spending on TV ads may be posted online

U.S. regulators on Friday proposed a rule that would move television broadcasters' public files to the Internet, making it easier to access information about political spending on TV advertising.
Ruyao Washer

Record-Breaking Bowl Shines at Sotheby's Asia Sales

An unidentified buyer smashed the world auction record for Chinese Song dynasty ceramics after a bidding war for a 900-year-old bowl on the final day of Asian spring sales for global auction powerhouse Sotheby's.
Hong Kong Wine

Sotheby's Toasts Stellar HK Wine Sales, Art Sales Mixed

Global auction house Sotheby's kicked off its spring sales in Hong Kong by selling all lots in a two-day wine sale, outstripping expectations, but the picture was less clear for its Asian and Chinese art sales as buyers became more selective.
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Australian court rules Google liable for misleading ads

Search giant Google Inc engaged in misleading and deceptive conduct by allowing misleading paid advertisements to be shown with Internet search results, an Australian court ruled on Tuesday.
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Google to grow display, mobile ad businesses in China

Google Inc will continue to invest in China, where it has a testy relationship with the government, with a focus on growing its fast-growing display and mobile advertising businesses, its Asia chief said on Tuesday.
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Groupon revises 4th quarter results, shares fall

Groupon Inc unnerved investors again after it increased its previously reported fourth-quarter net loss and cut its revenue, blaming higher-than-anticipated refunds on deals.
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Groupon revises fourth quarter results, shares fall

Groupon Inc unnerved investors yet again after it cut its previously reported fourth-quarter revenue and net income, blaming higher-than-anticipated refunds on deals for the sharp downward revision in the numbers.
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LivingSocial drops Instant for food order service

LivingSocial, the second-largest daily deal company, said on Thursday it ended its Instant mobile deals business, replacing it with a food-ordering service called Takeout & Delivery.
Liturgy's

What Is Viralism? An Inquiry Into Culture's Battle For Digital Space

As the digital age reaches the dormant stage of social adaptation, having left its mark on the daily process of culture at large, can we add viralism or another digitally referential marker to our collective art discourse? Moreover, is viral a relevant -- let alone acceptable -- aesthetic stance?

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