Mediafly is a startup company that delivers cloud-based applications for content management and distribution on mobile devices for Fortune 500 companies. Through the Ariba Network, Mediafly gained insight and control over its cash flow and found new means of managing capital and in aiding its ability to support ongoing operations, as well as to drive future growth. To hear more about how they did it, Interarbor Solutuons Principal Analyst Dana Gardner interviews two executives from Mediafly.
Over the next few years, the growth in online retail sales in markets such as Western Europe, Asia Pacific and Latin America is expected to outpace U.S. growth. Given this increase in cross-border e-commerce, many retailers are rushing to reach new markets. However, the unique circumstances of international shipping call for unique systems and process capabilities. Cross-border shipping is more complex than domestic package handling, and international buyers do not like surprises. Organizations that fail to address complexities up front end up with a poor customer experience, low sales revenue and higher-than-expected costs.
For all the anticipation leading up to Facebook's initial public offering, opinions about how it performed are decidedly mixed. Clearly, though, the market didn't think the stock, which started at $38 per unit, was a grand bargain: Facebook ended trading on Friday just a few cents over its opening price. Underwriters reportedly had to step in during the day to support the price. More than 460 million shares of Facebook stock traded on Friday, a record for trading volume.
As Facebook launched its IPO on Friday, it was hit with yet another class action lawsuit over its practice of tracking of users even after they had logged out of its website. The amended consolidated class action complaint was filed by Stewarts Law in a San Jose, Calif., federal court. The timing of the announcement "is a good way for the plaintiffs to generate publicity for the lawsuit, which could impact stock prices and, accordingly, exert leverage to settle the case," said Yasha Heidari, managing partner at the Heidari Power Law Group.
Samsung overtook Nokia to become the world's top cellular phone maker earlier this year, shipping more than 92 million handsets in the first quarter. The company's Galaxy S II smartphone had stellar sales, reaching 20 million. The third time might be more than the charm -- it could be big on an intergalactic scale, with some 9 million pre-orders reportedly placed for the upcoming Galaxy S III, which will debut in Europe on May 29. Those pre-sale numbers do raise a couple of questions, however -- not the least of which is whether they will translate into actual sales.