Technology

Best Buy just got an Uber-sized lesson in surge pricing, and how not to do it.

Hoping to capitalize on the (reportedly) pent up interest in the iPhone X, Best Buy, which also sells all iPhone models via carrier installment plans that let customers pay for the devices over several months, decided to hike the full, upfront price by $100, with the retailer charging $1,099 and $1,249 for the two iPhone X configurations; Apple’s pricing is $999 and $1,149.

The bitter legal dispute between Apple and Qualcomm has escalated sharply overnight as the former designs out Qualcomm components from future products. According to the WSJ, Apple, locked in an intensifying legal fight with Qualcomm, is designing iPhones and iPads for next year that would jettison the chipmaker’s components.

One month ago, the media world and political punditry was in a furore after Facebook revealed that some 470 alleged Russian troll accounts had paid Facebook a whopping $100,000 to purchase 3,000 advertisements potentially influencing the outcome of the election (even though many of the ads "showed support for Clinton" and only half ran before the actual election).

By EconMatters

We discuss the Bob McNair controversy in context with the bigger picture issue of the NFL`s Brand Image with Consumers in this business and marketing related video. The NFL is a Marketed Product, the wider audience appeal, the more money for everyone involved in the Game!

https://www.youtube.com/watch?v=HdvAoiC-Nn0

Sprint stock plunged, and was halted by the exchange volatility trigger, when the Nikkei reported moments ago that Japan's SoftBank Group plans to break off negotiations on the long-awaited merger between its subsidiary Sprint and T-Mobile US due to a failure to agree on ownership of the combined entity, "dashing the Japanese technology giant's hopes of reshaping the American wireless business."