How customers changed the minds of companies from Tim Hortons to Apple.
Late last year, you might recall a stirring hullabaloo over changes to the terms of service of Instagram, which suddenly allowed the purchase of user-submitted images by advertisers ... without notice or compensation given to the photographer. The backlash was swift, so bad in fact that Kim Kardashian even threatened to quit using the program. The backlash was so fierce that within days the billion-dollar app reverted to the original terms of service it put in place back in the fall of 2010.
For customers, the Instagram case was a victory, though it hasn’t been the only time the people have spoken. From botched logo changes to reviled new fees, here are a few tales of when shoppers’ rebellions have made companies change their ways.
April 17 (Bloomberg) -- On today’s “The Roundup,” Trish Regan, Julie Hyman, Cristina Alesci and Eric Chemi wrap up the day’s top market stories on Bloo... More April 17 (Bloomberg) -- On today’s “The Roundup,” Trish Regan, Julie Hyman, Cristina Alesci and Eric Chemi wrap up the day’s top market stories on Bloomberg Television’s “Street Smart.” (Source: Bloomberg)
Date 14-04-17, Duration 5:51, Views 646
Have your say
Is it important to own a house?
Thanks for being one of the first people to vote. Results will be available soon. Check for results
- 77 %1. Yes, owning a home is an investment that will pay off.
- 2. No, I'd rather save my money and rent.
- 3. No, I can't afford to buy a home.
- 4. I don't know.