Yahoo Finance Instagram pictures for $100k, Nintendo's Bowser gets a promotion: Weird business news
This week in weird business news…
Instagram pics go for 100k
That selfie you’re about to post to Instagram could be worth way more than a few likes…$100,000 more. Controversial artist Richard Prince had an exhibit at the Gagosian Gallery in New York City where he showcased other people’s Instagram photos with an added comment or two from his account-- the exhibit was also picked to show at the prestigious Frieze Art Fair this month.
The only catch? The Instagram users received no compensation and weren’t even told their snaps would be used as art. Prince has long been a fan of “reusing” photos and been sued for these kind of antics in the past but apparently the photos fall under fair use.
A Chinese burger fit for the U.S.
Who wouldn’t want to grab a bite at a place called “Uncle Sam’s Famous American Burgers?” The Chinese burger chain just opened their first American location under the Empire State Building and plans to compete with long-established and well-regarded burger havens Shake Shack and Five Guy’s by creating burgers with Asian flavors like fermented black bean and Sichuan chili.
According to NBC, Uncle Sam’s claims to have been created in the U.S. in 1933 by someone named Sam Berg and to be located in Rockefeller Center, none of these are true but as they say, ‘fake it til you make it’.
The company’s founder, Chinese entrepreneur Zhiming Bai, has big plans. He wants to open over 1,000 burger chains in China over the next six years.
Bowser goes corporate
Finally…Nintendo must like to promote from within because 'Bowser' has just been named the new American VP of Sales. Okay, it might not actually be Mario’s longtime nemesis. Doug Bowser used to work at Electronic Arts (EA) as the VP of global business planning but that doesn’t mean Nintendo didn’t have a little bit of fun with it. In their official press release the firm wrote, “Nintendo of America has hired a new Vice President to lead the United States sales organization with a name that’s well-known in the Mushroom Kingdom.”
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