Friday February 28, 2020
Home Business Apple, Google...

Apple, Google, Coca-Cola Top List of world’s 100 most valuable brands in 2016

The report ranks brands based on financial performance, its influence on customers, and its power to command a premium price or drive company sales

0
//
FILE - Pedestrians pass the Apple store location on Fifth Avenue in New York, June 6, 2013.

Apple Inc., Alphabet Inc.’s Google, and Coca-Cola Co. topped the list of the world’s 100 most valuable brands in 2016, while technology and automotive brands dominated the overall rankings, according to a new report from brand consultancy Interbrand.

Microsoft Corp., Toyota Motor Corp., IBM Corp., Samsung Electronics Co. Ltd., Amazon.com Inc., Mercedes-Benz and General Electric Co. were also on the Top 10 list, according to Interbrand’s 2016 Best Global Brands report.

Check out NewsGram for latest international news updates.

Social network Facebook Inc., e-commerce giant Amazon and toy company Lego were the top-growing brands.

This year, technology and automotive took 29 of 100 rankings on the annual list.

The report ranks brands based on financial performance, its influence on customers, and its power to command a premium price or drive company sales.

NewsGram brings to you top news around the world today.

Apple’s brand value rose 5 percent from a year ago to $178 billion and Google’s brand value was up 11 percent from a year ago to $133 billion, according to the report.

Apple, Google and Coca-Cola are the most valuable brands as “their finances are strong, their brand is a powerful driver of choice and they are very strong compared to competitors,” said Jez Frampton, Interbrand’s global chief executive officer.

NewsGram brings to you current foreign news from all over the world.

Hitting the Top 100 for the first time, French fashion brand Dior and Silicon Valley automaker Tesla Motors Inc. were at Nos. 89 and 100 respectively. Hugo Boss, Chevrolet and Kleenex dropped off the list, the report said. Interbrand is part of Omnicom Group Inc. (VOA)

Next Story

Facebook to Allow Political Messages but Not Ads

Facebook to Allow Paid Political Messages That Aren't Ads

0
facebook
Facebook decided Friday to allow a type of paid political message but won't show politicl ads. Pixabay

Facebook decided Friday to allow a type of paid political message that had sidestepped many of the social network’s rules governing political ads.

Its policy change came days after presidential candidate Michael Bloomberg exploited a loophole to run such humorous messages promoting his campaign on the accounts of popular Instagram personalities followed by millions of younger people.

The change involves what Facebook calls “branded content” — sponsored items posted by ordinary users who are typically paid by companies or organizations. Advertisers pay the influential users directly to post about their brand.

Facebook decided Friday to allow a type of paid political message that had sidestepped many of the social network’s rules governing political ads.

facebook
The logo for Facebook at the Nasdaq MarketSite, in New York’s Times Square. VOA

Its policy change came days after presidential candidate Michael Bloomberg exploited a loophole to run such humorous messages promoting his campaign on the accounts of popular Instagram personalities followed by millions of younger people.

The change involves what Facebook calls “branded content” — sponsored items posted by ordinary users who are typically paid by companies or organizations. Advertisers pay the influential users directly to post about their brand.

The Bloomberg campaign took the unconventional step of paying social media influencers — individuals with huge followings — to post Bloomberg memes using their Instagram accounts. Different versions of the sponsored posts from the Bloomberg campaign ran on more than a dozen influential Instagram accounts, each of which has millions of followers.

That effort skirted many of the rules that tech companies have imposed on political ads to safeguard U.S. elections from malicious foreign and domestic interference and misinformation. Online political ads have been controversial, especially after it was revealed Russia used them to try to influence the 2016 presidential election. In response, Facebook has rolled out rules to prevent a repeat of that, though it has declined to fact-check political ads and refuses to ban even blatantly false messages.

The Bloomberg campaign’s memes showed the 78-year-old candidate, in a tongue-in-cheek awkward fashion, chatting with popular social media influencers with names like “Tank Sinatra,” asking them to help him raise his profile among younger folk.

“Can you post a meme that lets everyone know I’m the cool candidate?” Bloomberg wrote in one of the exchanges posted by an account called F*** Jerry, which has nearly 15 million followers on Instagram. The candidate then sent a photo of him wearing baggy chino shorts, an orange polo and a zip-up vest.

F*** Jerry’s account then replied, “Ooof that will cost like a billion dollars.” Bloomberg responded by asking where to send the money.

facebook
Democratic presidential candidate and former New York City Mayor Michael Bloomberg speaks during his campaign launch of “Mike for Black America,” at the Buffalo Soldiers National Museum. VOA

Looking to broaden audience

With the sponsored posts, Bloomberg’s campaign said it was reaching those who might not be normally interested in the day-to-day developments of politics.

“You want to engage people at every platform and you want them to feel like they’re not just getting a canned generic statement,” campaign spokeswoman Sabrina Singh said of the campaign’s strategy.

Also Read- Exposure to Air Pollution May Trigger Non-Fatal Heart Attack

The campaign declined to say how much it paid for the sponsored posts, or if it had more of them in the works. The posts did not appear in Facebook’s ad transparency library, which catalogs the political ads that campaigns buy directly from Facebook or Instagram and tells users how much was spent on them. Bloomberg’s campaign told The Associated Press on Thursday that Instagram does not require the campaign to disclose that information on the sponsored posts it ran earlier this week.  (VOA)