| Today's Top 3 Stories | | #1 | Apple's Board Reboot: Tim Cook Needs To Stay Out
| | | According to a Wall Street Journal article published on Monday, Apple CEO Tim Cook is looking for new board members. If the report is true, Cook's search is reminiscent of Steve Jobs' handpicking of an Apple board that would, perhaps in name only, oversee him. But CEO selection of board candidates is a governance no-no because CEOs report to—and are hired and fired by—the board. (Fortune)
Why This Is Important: Apple's board has been stable (some would say stagnant) since the Steve Jobs days. Now that the cult of Jobs has passed, it's time for Apple to pick a board that better reflects the demographics of its customer base.
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| | #2 | HHGregg Ditches Ad Campaign, Returns To Former Agency
| | | HHGregg Inc. once again is changing promotional strategies, moving its business back to Zimmerman Advertising. (Indianapolis Business Journal)
Why This Is Important: hhgregg aimed high with its new, brand-based marketing slant, but its failure could portend a return to promotionally focused advertising.
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| | #3 | Gear VR: Samsung 'To Launch Virtual Reality Headset' In September
| | | Samsung is reportedly planning to launch a virtual reality headset, similar to Facebook's Oculus Rift, at the IFA 2014 trade show in September. (The Telegraph)
Why This Is Important: Although VR has received a lot of attention in 2014, a distinct winner is still far off from being crowned. According to the reports, Samsung's headset would be designed for use with its Galaxy mobile devices.
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"The only way to know what consumers want is to watch what they actually do. A 'lifelogger' like the iWatch, linked into iCloud-based systems similar to Google's AdWords, would give Apple an edge in the ultimate revenue-generating industry. They would be the new Mad Men." -- Chris Westland, professor of information and decision sciences at the University of Illinois in Chicago
| | | Blog Post of The Day | BlackBerry's Square-Screened Phone To Free Us From Our "Rectangular World"
By Andrew Cunningham
Most smartphones produced in 2014 will follow a certain design playbook: rectangular screen, a few buttons around the edges, and just enough thickness to house the internals and the requisite battery. One could argue that this is the idealized design for a touchscreen phone, arrived at after years of research and development and even more years of booming sales. BlackBerry would argue that all phones look like this because innovation is dead. More » |
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