In the News: GOP, GM, Facebook + more


In the NewsThe Republican Party won big in Tuesday’s elections, capturing a majority in the U.S. House of Representatives, neutralizing the Democratic Party in the U.S. Senate, seizing a handful of key governorships and state legislatures across the country and marking the ascendancy of the Tea Party. Among other industries, the shift has big implications for the branding and marketing community. 

AOL revenue drops 26% on slumping ad sales.

Apple‘s iPad dominated 95% of the market for tablet computers last quarter.

Bugatti launches Veyron model in India, priced at $3.6 million.

Chase partners with DreamWorks for Megamind 3D movie.

Discovery Communications notches huge gains in ad sales.[more]

Facebook’s start-up crew, enriched, moves on.

General Motors gets a huge tax break as a result of its restructuring.

Google‘s polling app may have sent 700,000 U.S. voters to the wrong voting location.

Korea seeks to shore up national brand ahead of G20 Summit in Seoul next week.

Lady Gaga now the subject of a college course.

McDonalds sees Little Caesars and others rev up marketing to challenge yesterday’s McRib launch — same day as Happy Meal toys were officially banned in San Francisco.

Microsoft discontinues Bing Maps Silverlight features, looks to HTML5.  

News Corp. files to buy 61% of BSkyB it doesn’t own.

Nissan plans three new electric vehicles after Leaf.

Optus broadband ads ruled “misleading, tricky” in Australia.

Oracle hits SAP as trial opens.

Sara Lee hits home with promotional sweepstakes.

Skype sponsors week-long free Wi-Fi in UK.

Solyndra to close factory and delay expansion in wrong-way move for green-tech leader.

Subaru sets sales record, runs short of cars.

Tribune Co. sees more turnover at the top as other executives follow sacked CEO Randy Michaels out the door.

Volkswagen merger with Porsche threatened by legal and tax issues.

WellPoint, Aetna beat estimates, raise 2010 outlooks.

Wonderful Pistachios scores buzz coup with TV ads featuring Snooki and Rod Blagojevich.