E-Commerce Minute

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E-Commerce Minute: Thursday -- November 3, 2016

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

Headline Scan
Broadcom Sews Up $5B Deal for Brocade
Amazon Builds Fulfillment Centers, Investors Grouse
Microsoft Rebrands
Tech Industry Lambasts New FCC Privacy Rules
Tech Billionaire Thiel Aims to Justify His Trump Support
Many Customers Aren't on Board With Self-Service Trend
Should Salesforce Buy NetSuite?

Today's Story Highlights

Broadcom Sews Up $5B Deal for Brocade
Chip manufacturer Broadcom on Wednesday announced that it would buy
Brocade Communications, a major supplier of fiber channel storage area
networking technology to data centers, for $5.5 billion in cash and the
assumption of Brocade's $400 million debt. That represents a 47 percent
premium over Brocade's closing share price last week, said Brocade CEO
Lloyd Carney.
http://www.ecommercetimes.com/story/84057.html

Amazon Builds Fulfillment Centers, Investors Grouse
Amazon shares closed at $785.14 on Monday, having failed to rebound from
last week's slide. The company's stock had closed at $818.36 last
Thursday, just before the company reported third-quarter earnings that
unpleasantly surprised Wall Street. Its share price dove $40-plus on
Friday. Amazon's net income rose 52 cents a share, in the quarter, but
analysts had expected 78 cents a share.
http://www.ecommercetimes.com/story/84054.html

Microsoft Rebrands
Microsoft recently rebranded its business software offerings and the
effect largely has been positive. Still, it must be emphasized that the
cumulative effect of the deck chairs moved in performing the exercise
remains to be seen. One of the effects is surely that all of the ERP and
CRM solutions now are offered online, as the "Dynamics 365" moniker
implies.
http://www.ecommercetimes.com/story/84056.html

Tech Industry Lambasts New FCC Privacy Rules
The U.S. FCC last week adopted privacy rules for both wired and wireless
broadband ISPs aimed at giving consumers greater control over their
data, more privacy, and stronger security safeguards for that data. The
rules implement Section 222 of the Communications Act. They establish a
framework of customer consent required for ISPs to use and share their
customers' personal information.
http://www.ecommercetimes.com/story/84052.html

Tech Billionaire Thiel Aims to Justify His Trump Support
Peter Thiel, one of the few well-known Silicon Valley figures who has
given Republican presidential candidate Donald Trump a public
endorsement, on Monday reiterated his support at a National Press Club
event in Washington. He prefaced his remarks with a disclaimer. "Nobody
thinks his comments about women were acceptable," Thiel told the
gathering, referring to Trump.
http://www.ecommercetimes.com/story/84047.html

Many Customers Aren't on Board With Self-Service Trend
Enterprises have been warming to digital transformation, but it's
crucial that they maintain a human element in their customer
interactions, according to a study Verint published last week.
Researchers surveyed more than 24,000 consumers and 1,000 businesses
across 12 countries for the study. Organizations have to balance digital
and human customer engagement to thrive and survive.
http://www.ecommercetimes.com/story/84051.html

Should Salesforce Buy NetSuite?
The recently released spreadsheet hacked from Salesforce board member
Colin Powell's email names multiple companies that Salesforce was at
least considering acquiring. In the aftermath of the initial reports,
it's worth noticing that there were at least two enterprise resource
planning/back office companies on the list: Workday and NetSuite. There
are plenty of reasons to dismiss acquisition talk.
http://www.ecommercetimes.com/story/84045.html

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