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China bans the locking up of petitioners seeking government redress

China bans the locking up of petitioners seeking government redress | business | Scoop.it
China has banned the widespread practice of detaining petitioners seeking government redress, state media said Thursday, following the abolition four months ago of “re-education through labour”....
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KFC's Big Bucket of Problems in China

KFC's Big Bucket of Problems in China | business | Scoop.it
Yum! Brands optimism about a fourth-quarter recovery for KFC in China seems to have been premature

Via tutor2u
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Richard Smith's curator insight, December 29, 2013 3:13 PM

Originally a success story but now encountering some problems

Tiffany Li's curator insight, April 24, 2014 3:38 PM

KFC was predicting that the decrease in sales of KFC would turn around in the summer 2013. Sadly, they were wrong. KFC's profit has been down 68%. A decrease sales leads to a decrease in aggregate demand because people are wanting to buy less which would also lead to a decrease in GDP and price level.

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Gummy bear wins court battle

Gummy bear wins court battle | business | Scoop.it
Haribo victorious as rival confectioner Lindt banned from selling ursine chocolate due to overly similar packaging

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Debbie Gordon's curator insight, December 18, 2012 5:03 PM

Ec3 - example of non price behaviour in oligopoly market - how to protect your market share!

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Microsoft Capitulates, Removes Online DRM From Xbox One | Techdirt

Microsoft Capitulates, Removes Online DRM From Xbox One | Techdirt | business | Scoop.it

So, remember when the Xbox One release confused the hell out of everyone and then Microsoft confirmed a bunch of hated, needless restrictions on used games and internet connection requirements?

 

Then there was that whole thing at E3 where the crux of Sony's presentation was, "Hey, at least we're not Microsoft?"

 

The backlash, as you can imagine was immensely fierce, with pissed off gamers who know inherently how important the used game market is and how stupid and insulting online requirements are.

Well, Microsoft apparently now knows it too, as they have done a serious about-face on nearly every single one of these plans. Xbox chief Don Mattrick stated on the Xbox blog:

 

Click headline to read more--


Via Chuck Sherwood, Senior Associate, TeleDimensions, Inc
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Landmark default in China solar firm

Landmark default in China solar firm | business | Scoop.it
Chaori Solar becomes the first Chinese firm to default on its onshore corporate bonds, say media reports quoting the firm, after failing to make an interest payment.
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BlackBerry to Cut 4,500 Jobs, Will Take Nearly $1 Billion Loss

BlackBerry to Cut 4,500 Jobs, Will Take Nearly $1 Billion Loss | business | Scoop.it
BlackBerry is cutting 4,500 jobs and taking an almost-$1 billion loss this quarter.

Via Thomas Faltin
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Microsoft reverses Xbox One online check and used games policies following backlash

Microsoft reverses Xbox One online check and used games policies following backlash | business | Scoop.it
Microsoft is making a major U-turn today by reversing some of its controversial Xbox One policies. In a statement on the company's Xbox blog, Microsoft says it's making policy changes "as a result...

Via THE OFFICIAL ANDREASCY
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