Category: Business

An undercover investigation found that Apple charges $1200 for a…

An undercover investigation found that Apple charges $1200 for a computer repair that a local repair store was able to fix in 1 minute and charged $0 for.

Wrigley’s was originally a soap company that gifted baking…

Wrigley’s was originally a soap company that gifted baking powder with their soap. The baking powder became more popular than the soap so they switched to selling baking powder with chewing gum as a gift. The gum became more popular than the baking powder so the company switched to selling gum.

Nike had conditions before giving rookie Michael Jordan a record…

Nike had conditions before giving rookie Michael Jordan a record contract: Either be rookie of the year, or average 20 ppg, or be an all star, or sell $4 mill worth shoes in a year. Jordan was rookie of the year, scored 28.2 ppg, named all star, and Nike sold $100 mill of shoes in 1984-85. (source)

Photo : mccarmona23 / Flickr

The video game industry makes more revenue than the film and…

The video game industry makes more revenue than the film and music industry combined.

In 2014, black-taxi cab drivers brought parts of London to a…

In 2014, black-taxi cab drivers brought parts of London to a standstill, protesting against Uber. This led to an 850% increase in downloads of Uber.

1-800-COLLECT was so popular in the 90s that AT&T launched a…

1-800-COLLECT was so popular in the 90s that AT&T launched a competing service, 1-800-Operator. However AT&T later discovered many people misspell Operator with ‘er’ instead of ‘or’ at the end, and that unfortunately, 1-800-COLLECT owned the misspelled number and had been taking their customers.

Almon Brown Strowger noticed he was losing business because a…

Almon Brown Strowger noticed he was losing business because a competitor’s wife, who was a telephone operator, would redirect calls for Strowger to her husband’s business. Strowger later invented the automatic telephone exchange which eliminated the need for operators.

In 2018, the Domino’s in Russia offered up to 100 free pizzas…

In 2018, the Domino’s in Russia offered up to 100 free pizzas every year for 100 years if a customer got the Domino’s logo tattooed visibly on their body. Initially intended to last a month the promotion proved to be so popular Domino’s ended it after a week with 350 accepted winners.

A teenager, Peter Roberts invented a quick-release ratchet. He…

A teenager, Peter Roberts invented a quick-release ratchet. He sold his patent to Sears for $10,000 who said that the invention was not worth very much and then went on to make $44 million selling the ratchet. He sued them for fraud and was awarded $1 million.

Photo :  Gars129 / wikimedia

A teenager, Peter Roberts invented a quick-release ratchet. He…

A teenager, Peter Roberts invented a quick-release ratchet. He sold his patent to Sears for $10,000 who said that the invention was not worth very much and then went on to make $44 million selling the ratchet. He sued them for fraud and was awarded $1 million.

Photo :  Gars129 / wikimedia