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McDonald’s said Chief Executive Don Thompson was leaving, less than three years into his tenure, and promoted a company veteran to try to revive the fast-food giant from its worst slump in more than a decade.
BuzzFeed, the eight-year-old news website that pioneered the “listicle,” has a host of imitators, but it now must prove that its growth model is sustainable and that “native ads” can generate measurable returns for brands.
Startups are combining psychology and big data to analyze people’s faces and potentially discover their deepest emotions—while amassing an enormous visual database that is breeding privacy concerns.
Alibaba reported disappointing revenue growth, while a senior executive defended the e-commerce giant against Chinese government allegations that it failed to crack down on fakes.
Ford pledged to put weaker earnings behind it with a strong 2015 profit forecast, but persistent losses in Europe and emerging markets last quarter show the hurdles facing its efforts to kick results into overdrive.
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