The company blamed its Q2 content slate for the subscriber miss.Technologyread more
Corporate earnings forecasts for the second quarter were lowered so much that companies are easily beating them.Market Insiderread more
The central bank is not normally in the business of easing into an economy that is showing few signs of a recession, generally holding fire until more pronounced signs of a...The Fedread more
IBM's year-over-year revenue has now declined for four quarters in a row. Impact from Red Hat is not yet factored into the company's guidance.Technologyread more
Challenging conditions in the U.S. housing market, along with tighter currency controls by the Chinese government, cause a stunning drop in foreign demand for American homes.Real Estateread more
His case for gold comes as central banks get more aggressive with policies that devalue currencies and are about to cause a "paradigm shift" in investing.Marketsread more
House Speaker Nancy Pelosi says she wants her chamber to vote on a debt ceiling and budget deal by July 26.Politicsread more
Philips has acquired a start-up that texts you about your poop. That's Medumo, a Boston-based company, which works with hospitals to guide their patients through common...Technologyread more
The "'Cadillac tax," set to go into effect in 2022, is unpopular with both Republicans and Democrats, who say it punishes the middle class.Health and Scienceread more
The declaration comes days after a case of the virus was confirmed in the Congolese city Goma, which borders neighboring country Rwanda.Health and Scienceread more
Federal Judge William Pauley wrote in a court filing made public Wednesday that materials related to a campaign finance probe of Cohen should be unsealed — and denied a...Politicsread more
As they say: It's all in the name.
In many cases, a brand's name can make or break it. Did you know that many household-name companies actually started out with completely different names? Here's a list of some of the biggest brands you may not have known any other way.
1. Quantum Computer Services » AOL
Founded in 1985, Quantam Computer Services was renamed America Online in October 1991. In April 2006, America Online officially adopted its AOL abbreviation exclusively.
2. BackRub » Google
Back in 1996, the world's number one search engine was created under the name "BackRub." Creators Larry Page and Serge Brin's renamed their business and technology Google in 1998. It's "a play on the word 'googol,' a mathematical term for the number represented by the numeral 1 followed by 100 zeros. The use of the term reflects their mission to organize a seemingly infinite amount of information on the web, says Google.
3. Sound of Music » Best Buy
Sound of Music, an electronics store specializing in high fidelity stereos, was founded in 1966, pulling in $1 million in revenue and about $58,000 in profits in its first year. In 1981, Sound of Music's largest and most profitable store was hit by a tornado. The store then held a "Tornado Sale" of damaged and excess stock in the store's parking lot; the company advertised the sale by promising "best buys" on everything. Sound of Music made more money during this "best buy" four-day sale than it did in a typical month – thus, the store was renamed to Best Buy in 1983.
4. Apple Computers » Apple, Inc.
Founded in 1976, the tech giant we know today as Apple was originally named Apple Computers by founders Steve Jobs, Ronald Wayne and Steve Wozniak. In 2007, Jobs announced that the company was dropping the word "Computer" from its name to better reflect their move into a wider field of consumer electronics. "The Mac, iPod, Apple TV and iPhone. Only one of those is a computer. So we're changing the name," he said.
5. Research in Motion » Blackberry
Founded in 1984, Research in Motion was the first wireless data technology developer in North America. In January 2013, the company announced that it would change its name to BlackBerry after the widely known smartphone device in an effort to revive the declining brand.
6. Brad's Drink » Pepsi-Cola
Back in 1893, a North Carolina pharmacist named Caleb Bradham started experimenting with a few soft drink recipes. One of these bore his name: "Brad's Drink." In 1898 Brad's Drink was renamed to Pepsi-Cola and would become one of the world's most recognized brands.
7. Tokyo Tsushin Kogyo » Sony
Established in 1946, a radio repair shop was founded under the name Tokyo Tsushin Kogyo and was responsible for Japan's first transistor radio in 1955, and the world's first transistor television in 1960. The company name was changed to Sony Corporation in 1958.
8. Starbucks Coffee, Tea and Spice, Il Giornale Coffee Company » Starbucks
With a name inspired by Moby Dick, "Starbucks Coffee, Tea and Spice" was established in 1971. In 1983, Howard Schultz, Starbucks' CEO, left the company for a short period of time to start his own Italian-style coffeehouses under the name Il Giornale. Four years later, he purchased the original company and chose to bring back the Starbucks name.
9. Blue Ribbon Sports » Nike
Nike was formerly known as Blue Ribbon Sports and originally operated as a distributor for the Japanese shoemaker Onitsuka Tiger. Initially founded with just $1,200 in the bank, the company later took on the name Nike – after the Greek goddess of victory.
10. DrivUrSelf » Hertz Rent-A-Car
John Hertz bought a car-rental operation from founder Walter L. Jacobs in 1923. Hertz, the president of Yellow Cab and Yellow Truck and Coach Manufacturing Company, took on the company under the name Hertz Drive-Ur-Self. The company was acquired in 1926 by General Motors Corporation and was later bought by Omnibus Corporation before taking on a new name – The Hertz Corporation.
11. AuctionWeb » eBay
Launched in 1995, eBay was initially named AuctionWeb – one of four sites housed under founder Pierre Omidyar's umbrella company called eBay Internet. The other three sites included a travel site, a personal shipper site and a site about the Ebola virus. Spurred by the media referring to AuctionWeb as eBay, the company made the name change official in 1997.
12. Computing Tabulating Recording Corporation » IBM
The company we now know as IBM was founded in 1911 as the Computing-Tabulating-Recording Company (CTR) through a merger of the Tabulating Machine Company, the International Time Recording Company, and the Computing Scale Company. CTR was eventually changed to "International Business Machines" in 1924 – the abbreviation IBM shortly followed.
13. Marafuku Company, Nintendo Playing Card Company » Nintendo
Created in 1889, the playing cards company Marafuku Company changed its name to Nintendo Playing Card Company in 1951. The company changed its name to Nintendo in 1963 and started manufacturing games in addition to playing cards.
14. Pete's Super Submarines » SUBWAY
In 1965, Pete's Super Submarines opened in Bridgeport, Connecticut selling 312 sandwiches on the first day. One year later, the company's name changed to Doctor's Associates Inc., after co-founder Dr. Peter Buck, who held a Ph.D. and hoped to earn enough money in the sandwich business to pay his college tuition. After little success under the two previous names, Buck and co-founder Fred DeLuca gave it a third try using the name Subway.
15. Wards Company » Circuit City
The first Wards Company store was opened in 1949 by Samuel S. Wurtzel. The name "Wards" was actually an acronym of the founder's last initial and the initials of members of his family: W = Wurtzel; A = Alan; R = Ruth; D = David; S = Sam. Wards experimented with several retail formats, including smaller mall outlets branded "Sight-n-Sound" and "Circuit City." Sight-n-Sound and Circuit City stores were eventually replaced by the Circuit City Superstore format. Wards Company officially changed its name to Circuit City and became listed on the New York Stock Exchange in 1984.
16. Stag Party » Playboy
The infamous Playboy magazine almost bore a different name. Hugh Hefner has said that he wanted to call his magazine Stag Party but changed it to Playboy as a last minute decision. "I wanted to call the magazine Stag Party, influenced by a cartoon book that I had. I was looking for a male figure of some kind and I thought of an animal in tuxedo will set us apart," Hefner said in an interview. One month before publishing, Hefner received a letter from Stag magazine saying that the name was an infringement on their title – he quickly changed the name to Playboy.
17. Firebird » Firefox
Mozilla's famed browser hasn't always held this widely-known moniker. The company came to find that the name Firebird was also in use by another open source project and wanted "to be responsive to the concerns of fellow open source developers." Another name for the red panda, the name Firefox seemed to meet all of the company's needs: "It's similar to Firebird. It's easy to remember. It sounds good. It's unique. We like it," the company said.
18. Confinity » PayPal
Initially founded as a Palm Pilot payment and cryptography company back in 1998, Confinity was named to "merge the words confidence and infinity." One year later, the company was renamed PayPal after a Confinity engineer developed an online demo that allowed people to email payments. The company was later acquired by eBay for $1.5 billion in July 2002.
19. Jerry's Guide to the World Wide Web » Yahoo
Co-founders Jerry Yang and David Filo were PhD students at Stanford when they created what would become one of the world's largest search engines. "Jerry's Guide" was soon renamed to Yahoo, which stands for "Yet Another Hierarchical Officious Oracle."
Want more? Here are 13 well-known logos with hidden images.