E-Commerce Minute

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E-Commerce Minute: Tuesday -- June 28, 2016

The E-Commerce Times -- E-Business Means Business
http://www.ecommercetimes.com
Part of the ECT News Network

Headline Scan
Volkswagen Aims to Clear the Air With $15B US Settlement
Salesforce VP Lynne Zaledonis: Intelligence Is the Next Generation of CRM
Senate Falls Short on Expansion of FBI Surveillance Authority
Verizon's Mission of Self-Destruction
Webpass Buy Lets Google Fiber Extend Its Tentacles
Social's Turning Point
Tesla Shares Tank on SolarCity Merger Proposal

Today's Story Highlights

Volkswagen Aims to Clear the Air With $15B US Settlement
Volkswagen on Tuesday announced that it has reached an agreement to
settle claims arising from the emissions scandal that has plagued the
company since its discovery two years ago. The company has agreed to set
up a $10 billion funding pool to buy back or terminate leases of diesel
vehicles sold in the United States. Volkswagen had used software to
cheat on emissions tests.
http://www.ecommercetimes.com/story/83649.html

Salesforce VP Lynne Zaledonis: Intelligence Is the Next Generation of CRM
Salesforce VP Lynne Zaledonis drives product marketing and sales
enablement for Sales Cloud. In order to succeed in the age of the
customer, companies need to understand that the new cloud, mobile and
social world we find ourselves in "has produced trillions of pieces of
customer data, and it's totally changed how we engage with our
customers, and how they engage with us," Zaledonis said.
http://www.ecommercetimes.com/story/83646.html

Senate Falls Short on Expansion of FBI Surveillance Authority
The United States Senate last week rejected a Republican-backed
amendment that would have given the FBI expanded authority to access the
browser histories and other electronic records of targets of terrorism
and other national security investigations without first obtaining a
warrant. The Senate voted 58-38 for the amendment, cosponsored by Sens.
Richard Burr and John McCain.
http://www.ecommercetimes.com/story/83645.html

Verizon's Mission of Self-Destruction
Customers and investors increasingly are wondering why Verizon and
Verizon Wireless are hurting themselves with their actions. For
starters, Verizon decided to battle its own striking workers on the
public stage. That battle shed lots of bad blood, and it will be tough
to close those wounds. Many companies experience strikes, but most are
settled quickly and quietly.
http://www.ecommercetimes.com/story/83643.html

Webpass Buy Lets Google Fiber Extend Its Tentacles
Google Fiber, the high-speed Internet unit of Alphabet, has agreed to
buy Webpass, a San Francisco-based broadband service provider that
operates in five major metropolitan areas of the U.S., Webpass announced
Wednesday. The deal will allow the combined companies to accelerate the
growth of high-speed Internet across the U.S., said Webpass President
Charles Barr.
http://www.ecommercetimes.com/story/83639.html

Social's Turning Point
Microsoft's acquisition of LinkedIn for more than $26 billion has
created quite a stir -- at least in my world. The deal can boast a
number of superlatives: the largest sale of a consumer Internet company
in history; the largest sale of an enterprise software/cloud company in
history; the third-largest sale of a technology company since 2001; and
the largest Microsoft acquisition ever.
http://www.ecommercetimes.com/story/83640.html

Tesla Shares Tank on SolarCity Merger Proposal
Shares of Tesla Motors fell sharply Wednesday after the company, helmed
by Elon Musk, made an offer to buy SolarCity for $2.8 billion. Musk is
the chairman and top shareholder of the struggling alternative energy
provider. Tesla made the offer Monday, in a letter to SolarCity CEO
Lyndon Rive, noting that Musk and Antonio Gracias would recuse
themselves from voting on the proposal.
http://www.ecommercetimes.com/story/83637.html

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