Twenty-Five years ago, David Tran’s Huy Fong Foods began selling its now-famous Sriracha hot sauce. Now the “sriracha” name shows up on Heinz ketchup, the Taco Bell menu, Pizza Hut crusts, potato chips from Pringles, and numerous other items. But Tran and his company don’t see a dime for any
When it comes to making a name for a brand, the words companies use to describe their products are chosen very carefully for maximum appeal. But the thing is, those words have to be true. Jim Beam is the latest liquor maker to face challenges over its claims that its bourbon is actually “handcraft
Having a famous brand might sound pretty awesome, but with a name everyone recognizes comes the hassle of trying to protect that name from others out there trying to make a buck off it. Food Network host Ina Garten, aka the Barefoot Contessa, is preparing to do battle to keep her brand her own, suin
Uber’s goal is to make the process of hailing a cab seamless and easy, without requiring users to carry cash or even have any idea what street address they’re at. The company’s success shows how much people like this integrated pricing model, but as the company lowers fares, drivers earn less
When you’re a fitness gear company, your goals are simple: you want people to buy more fitness gear. That’s why it makes sense that Under Armour, a company that makes athletic clothing, is buying up popular fitness apps, but the company’s master plan is very simple: people exercise more when t
After Converse sued 31 companies it accused of ripping off its classic Chuck Taylor sneaker designs, at least one competitor named in the suit has agreed to destroy all similar designs as part of a reported legal settlement. According to a report in Women’s Wear Daily [via Fast Company] Ralph Laur
We all know that copyright law means you shouldn’t download copies of movies from shady torrent sites, and that you should pay for the music you listen to. We know it means people and companies have rights to stuff they make, like photos and music and books, and that there are legal and illegal wa
Among all the resolutions you should make for the new year — saving money, losing weight, quitting black tar heroin — there’s an easy one that gets left off that list by parents of college students or anyone else paying for a higher education: Filling out that Free Application for Federal Stud
It’s like an annual tradition: Facebook announces revisions to its privacy or data use policies, and the people of Facebook Nation respond by copying and pasting a boilerplate notice warning Mark Zuckerberg and his cronies that their political rants and snapshots of their kids’ drawings belong t
It was only a matter of time before Takata, the company responsible for the deadly airbag defect that resulted in nearly 16 million vehicles being recalled, faced a lawsuit regarding the company’s allegedly hidden tests of defective airbags and the years-long coverup that ensued. Bloomberg Busines
Walking down the street to the Metro, I pass so many bars with so many TVs in them that I could probably find live footage of every major sporting event from almost every corner of the world. Obviously it’s not completely illegal to hang a screen by the beer and share a broadcast, or else entire i