Posts Tagged: "Advertisement"

How Consumers Can Protect Themselves from False Advertising in Retail

In September 2014, a California woman named Linda Rubenstein sued Neiman Marcus over allegedly misleading price tags at their “Last Call” line of stores. In the case, Rubenstein alleged that the company misled consumers at its Last Call stores with prices tags that listed a cost “compared to” a fictitious higher price, designed to lure shoppers into thinking they are getting a deal. In December of 2014, U.S. District Judge S. James Otero dismissed Rubenstein’s suit with leave to amend, for failure to state a claim and failure to allege fraud with particularity. Just last week, her putative class action revived when a Ninth Circuit panel agreed that a lower court prematurely tossed her case.

Facebook advertising revenue jumps on mobile advertising revenue surge

Facebook’s mobile advertising numbers were so good that its entire advertising revenue stream surged ahead 57 percent when compared with 2015’s first quarter, up from $3.31 billion to $5.2 billion. Advertising is the major chunk of Facebook’s revenues and the company’s $5.38 billion first quarter revenues were 50 percent greater than its revenues during 2015’s first quarter. It’s also interesting to note that Facebook has increased quarterly research and development expenditures to $1.34 billion in 2016’s first quarter, up from $1.06 billion during last year’s first quarter. Since the beginning of this year, Facebook has received 13 patent grants from the U.S. Patent and Trademark Office related to advertising; the company has also had another 32 patent applications related to ads published so far this year. A look at the text cluster, made available through Innography’s patent portfolio analysis tools, shows readers that Facebook is designing ad services incorporating social graphs, targeting criteria and media content.

East Carolina sues Cisco over “Tomorrow Starts Here” trademark

East Carolina University, also known as ECU, has filed a lawsuit against Cisco Systems, Inc., a huge multination communication company. Why take on a networking and communication giant? Because Cisco has been using the phrase “Tomorrow Starts Here” in their newest marketing campaign – a phrase that ECU has been using for over a decade, and has already federally trademarked.