The latest Brand Finance Global 500 report out and contains some surprises this year.
In the battle of the Brands, two companies have long topped the list: Apple and Google. This year, there’s a new Sheriff in town. Amazon blew past the top two claiming the top spot for itself. It is now the most valuable brand in the world with an impressive $150.8 billion dollar value.
David Haigh, the CEO of Brand Finance had this to say about the upset in the rankings:
“Jeff Bezos once said that ‘brands are more important online than they are in the physical world.’ He has proved himself right by choosing the name Amazon, known as the largest, most powerful river in the world, as 23 years later the Amazon brand carries all before it as an unstoppable force. The strength and value of the Amazon brand gives it stakeholder permission to extend relentlessly into new sectors and geographies. All evidence suggests that the amazing Amazon brand is going to continue growing indefinitely and exponentially.”
The new number two, Apple, saw the value of its brand increase by a hefty 37% to $146.3 billion. While impressive, the report stresses that Apple’s long-term prospects look bleak because the company has failed to diversify. It relies on its aging line of iPhones for more than a third of its total revenue, which hampers its opportunities for growth.
Third ranked, Google’s brand saw more modest growth in value (just 10 percent), and now stands at $120.9 billion. Like Apple, the report stresses that although Google is a Titan in certain sectors (search, cloud, and Mobile OS), its relatively narrow focus has kept it from unleashing the full power of its brand in the same way Amazon has.
All hail the new King of the brands, Amazon!
Menlo Security just released their third annual “State of the Web” report and it’s not pretty. The headline finding is that 42% of the top 100,000 sites as ranked by Alexa are more dangerous than you think.
That smartwatch you’re wearing might save your life. Literally.
Microsoft is getting tough on so-called “registry cleaners”, and it’s about time. The company recently announced a planned change to Windows Defender (the anti-malware program that comes standard with every Windows installation). The change will see to the deletion of an increasing number of these registry cleaners. It’s a great move, and the company deserves credit for it, but there’s a catch. This type of software has been around for decades. So the move, as welcome as it is, comes very late in the game.
Sophos has released the results of their annual “State of Endpoint Security Today”, and it doesn’t paint a pretty picture. A full 54% of companies surveyed reported having been hit by a ransomware attack in 2017. Another 31% reported that they expect to be on the receiving end of such an attack in the near future.
Security researchers from around the web are reporting finding an increasing number of instances of proof of concept (PoC) code that incorporates the recently discovered Spectre and Meltdown vulnerabilities.
Oracle is currently the third-largest provider of POS (Point of Sale) software on the market today, which means that there’s a fairly good chance you’re using an Oracle POS system. If you are, there’s trouble ahead. A recently discovered security flaw could put your system at risk.
Google recently released their Play Store stats for 2017. The results are both encouraging and disheartening. Overall, Google caught and removed more than 700,000 malicious apps from the Play Store, minimizing their impact on the company’s massive Android user base.
Recently, Apple found itself in hot water with its normally adoring user base. This happened when it became known that the company was intentionally throttling (slowing down) the speed of older iPhones.
Recently a critical flaw was found inside every Intel chip made during the last decade. The flaw makes two different exploits possible. These exploits have been dubbed “Meltdown” and “Spectre.”