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Why Toys Are Making A 2020 Comeback

PYMNTS

Much of that was attributed to the closure of Toy R Us, the nation’s largest toy brand which declared bankruptcy in 2017. million, the brand’s biggest quarterly sales since 2003; while board game and puzzle sales worldwide have surged by triple digits since lockdowns started going into effect worldwide in March.

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Fools Rush In: 37 Of The Worst Corporate M&A Flops

CB Insights

Zynga, creator of Facebook games Farmville, Mafia Wars, and about a dozen different types of online slot machine games, paid $210M in 2012 for OMGPOP, creators of DrawSomething!, The companies served different user bases: Nextel was more of a business brand, with customers often drawn to its signature walkie-talkie technology.

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Data Dive, Farewells Edition: Apple, Chase, SoFi, Uber

PYMNTS

Reports emerged this week that Apple has begun the process of scrubbing the social sphere of all trace of iTunes. So far, all of the social media content from Facebook and Instagram pages has disappeared, though its Twitter account still has content for the time being. Finn accounts will now be changed over to Chase accounts.

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Autopsy Report: 9 Startup Failure Stories And What We Can Learn From Them

CB Insights

Theranos was founded in 2003 by Elizabeth Holmes, then an undergraduate student at Stanford University’s School of Engineering. Three months later, Amazon contributed to a $50M funding round earmarked for promoting the Pets.com brand. The rise and fall of Theranos. The rise and fall of Pets.com. Takeaways & lessons.

Report 78
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Killing Strategy: The Disruption Of Management Consulting

CB Insights

When BeverageCo sought to take advantage of digital, they had many isolated initiatives (such as online advertising and a corporate Facebook page) underway, but lacked traction in any of them. Bain (whose partners actually coined the phrase “$1M framework”) would create its own “insight product” in 2003 with the Net Promoter Score.

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24 Industries & Technologies That Will Shape The Post-Virus World

CB Insights

In the wake of the outbreak, everything from doctors appointments to schooling to workouts went online. Education: Technology and online content make the classroom optional. Online courses & content. Retail: Shopping goes even more online as grocery joins the e-commerce revolution. Online grocery. 3D printing.

Industry 101
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When Corporate Innovation Goes Bad — The 116 Biggest Product Failures Of All Time

CB Insights

Product innovation is one way that large corporations stay competitive in a rapidly changing marketplace, but it doesn’t always work out when big brands attempt innovation. While still in operation, Google+ is hardly anybody’s favorite social network. ViewSonic Airpanel Smart Display V110, Microsoft (2003).