Showing posts with label Business. Show all posts
Showing posts with label Business. Show all posts

The Top selling candy in the world is the M&M's with annual sales above the $1,8 billion.

The candy shells, each of which has the letter “m” printed in lower case on one side, surround a variety of fillings, including milk chocolate, dark chocolate, crisped rice, mint chocolate, peanuts, almonds, orange chocolate, coconut, pretzel, wild cherry, cinnamon, raspberry, and peanut butter. M&M’s originated in the United States in 1941, and are now sold in as many as 100 countries. They are produced in different colors, some of which have changed over the years.

In 1908, the first machine to make lollipops opened for business in New Haven, Connecticut

The idea of an edible candy on a stick is very simple, and it is probable that the lollipop has been invented and reinvented numerous times. The history of the first lollipops in America appears to have been distorted over time. There is some speculation that lollipops were invented during the American Civil War (1861–1865). Others believe some version of the lollipop has been around since the early 1800s. George Smith claimed to be the first to invent the modern style lollipop in 1908 and trademarked the lollipop name in 1931. He used the idea of putting candy on a stick to make it easier to eat and reportedly named the treats after a popular racing horse, Lolly Pop. It initially referred to soft, rather than hard candy. The term may have derived from the term “lolly” (tongue) and “pop” (slap). The first references to the lollipop in its modern context date to the 1920s. Alternatively, it may be a word of Romany origin being related to the Roma tradition of selling toffee apples sold on a stick. Red apple in the Romany language is loli phaba.
The first confectioneries that closely resemble what we call lollipops date to the Middle Ages, when the nobility would often eat boiled sugar with the aid of sticks or handles. The invention of the modern lollipop is still something of a mystery but a number of American companies in the early 20th century have laid claim to it. According to the book Food For Thought: Extraordinary Little Chronicles of the World, they were invented by George Smith of New Haven,Connecticut, who started making large boiled sweets mounted on sticks in 1908. He named them after a racehorse of the time, Lolly Pop.
The term ‘lollipop’ was recorded by the English lexicographer Francis Grose in 1796.

The most popular Hot Wheels vehicle sold is the Corvette


What happened with Hot Ones in the 1980s for Hot Wheels sent them in the path of what they are today. In 1981, Hot Ones wheels were introduced, which had gold-painted hubs, thinner axles for speed, and additional suspension that most production Hot Wheels lacked. Ultra Hots wheels, which looked like the wheels found on a Renault Fuego or a Mazda 626, were introduced in 1984 and had other speed improvements. Hot Wheels started offering models based on 1980s sports and economy cars, like the Pontiac Fiero or Dodge Omni 024. In 1983, A new style of wheel called Real Riders were introduced, which had real rubber tires. Despite the fact that they were very popular, the Real Riders line was short-lived, because of high production costs. In the late 1980s, the Blue Card blister pack was introduced, which would become the basis of Hot Wheels cards still used today.

Two other innovations were introduced briefly in Hot Wheels cars in the 1980s – Thermal Color Change paint, and rotating Crash Panel vehicles. The former were able to change color on exposure to hot or cold water, and there were an initial release of 20 different cars, available as sets of three vehicles. The latter were vehicles with a panel that, on contact, would rotate to reveal a flip side which appeared to be heavily dented. Variations in crash-panels included front, rear and side panels, the last of whose mechanism has proven to be the most durable.

In the 1980s, Hot Wheels had gotten into a controversy with General Motors Chevrolet Motors Division. In 1982, the Chevrolet Corvette had ended the curvaceous Mako Shark body-shape design that had been in production for almost 15 years, and GM announced that the Corvette would be redesigned. In 1983, Chevrolet did not produce the Corvette, but Hot Wheels saw what the Corvette was going to look like and they designed a die cast version of the 1984 Corvette. GM was angered and almost pulled its licensing with Mattel, but this controversy helped Corvette buffs see what the new Corvette was going to look like.

In conjunction with Epyx Software, Mattel released a computer game edition of Hot Wheels for various 8-bit platforms in 1985, as part of the Computer Activity Toys series.

The name "Snickers" for the popular candy bar was named after a horse that the Mars family owned


Snickers is a brand name candy bar made by Mars, Incorporated. It consists of nougat topped with caramel and peanuts, enrobed in milk chocolate. Snickers has annual global sales of $2 billion.
In the United Kingdom, the Isle of Man and Ireland, Snickers was sold under the brand name Marathon until 1990. More recently, Snickers Marathon branded energy bars have been sold in some markets.

Google's founders were willing to sell their company for under $1 million in 1999 but the buyers turned them down.


Excite.com is a collection of web sites and services, launched in December 1995. Excite is an online service offering a variety of content, including an Internet portal showing news and weather etc. (outside USA only), asearch engine, a web-based email, instant messaging, stock quotes, and a customizable user homepage. The content is collated from over 100 different sources.

Excite’s portal and services are owned by Excite Networks, but in the USA, Excite is a personal portal, called My Excite, which is operated by Mindspark; owned by IAC Search and Media.

According to Justin Rohrlich, writing for Minyanville.com, later in 1999, two graduate students at Stanford University, Sergey Brinand Larry Page, decided that Google, the search engine they had developed, was taking up time they should have been using to study. They went to Bell and offered it to him for $1 million, but Bell rejected the offer, and later threw Vinod Khosla, one of Excite’s venture capitalists, out of his office after he had negotiated Brin and Page down to $750,000. Excite’s refusal to buy what became a $180 billion company by 2010 was labeled by Rohrlich a “stupid business decision”.

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