New motor-vehicle production is approaching 100 million units per year, and the global fleet of cars numbers approximately 2 billion. Zero-emission vehicles account for less than one percent of the worlds total new car production. There are literally billions of potential customers, and the real challenge for Tesla is to persuade them to abandon gasoline-powered vehicles for electric cars. By utilizing its ideas, Teslas competitors would improve the product and marketing so that all electric car manufacturers could sell more vehicles and establish new markets. Tesla also stands to benefit if its roadside charging stations become the industry standard. Currently, Tesla has a network of 97 Superchargers across United States, so a lack of stations is an obstacle to long-distance travel in an electric car. But with other manufacturers using Tesla technology and making cars that could plug in at Tesla Superstations, Musks company stands to make a fortune simply from giving away its blueprints to competitors. Teslas strategy should also cause us to rethink patent terms. Technology and software have shorter lifespans than most products. A twenty-year patent term is of little use to companies, like Tesla, in industries whose technology will be much different in a couple decades. But, such a lengthy term benefits patent trolls who can use old patents to shake down genuine innovators. Of course, just because Tesla has decided not to sue good-faith users of its patents does not mean the company will not face litigation from patent trolls. Trolls scour the country for older patents on technology still used into todays products, including automobiles.
Starbucks Forms JV to Open First Store in Colombia - Analyst Blog - NASDAQ.com
Utilita, the U.K.-based leading supplier of prepayment gas and electricity, signed the contract with Itron to supply widespread services to support its customers using prepayment electricity meters. Utilita is the latest addition to Itron's prepayment managed service customer base. Per the agreement, Itron will support the backend operations of Utilita's prepayment offering including data management, transaction management, meter asset management, report creation and technical support through a business to business contact center. This will assist in serving Itron's recently acquired key metered supplies in a more structured and stable manner. The contract will also help Itron's growing customer base for prepayment solutions. On the other hand, Itron's expertise in managing complex data issues will be beneficial to Utilita and will help the latter in lifting management confidence by continuous focus on other fundamental issues.
Itron Agrees to Deliver Utilita Managed Service Solution - Analyst Blog - NASDAQ.com
It is also the first store to use locally grown coffee. The Starbucks Reserve is a collection of arabica coffees offered in select stores for limited periods. The Parque de la 93 store will offer five different varieties of Colombian coffee, namely Starbucks Reserve Colombia El Penol, the single-origin Colombia Narino, Colombia Espresso, Colombia Espresso Decaf and Colombia Blend.
Nordstrom Expands Rack Store Base in Minnesota - Analyst Blog - NASDAQ.com
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The Zacks Analyst Blog Highlights: Yum! Brands, Apollo Education Group, Intuit, Yahoo! and Microsoft - Yahoo Finance
Maxx Home Goods store of The TJX Companies Inc. ( TJX ) and Cub Foods, a subsidiary of SUPERVALU Inc. ( SVU ). Rouse Properties recently launched a redevelopment project at The Shops at Knollwood aimed at transforming the mall into a modern and highly appealing shopping destination. The store is expected to open its doors for Minnesota's inhabitants in spring 2015. The store will be Nordstrom's third Rack store in Minnesota serving customers in St. Louis Park as well as the neighboring Minnetonka, Edina, Hopkins and south Minneapolis areas.