Tag: Alibaba
News highlights – 20 March GPS device to prevent false Everest claims by climbers KATHMANDU (Reuters) – Nepal will provide GPS tracking devices to some mountaineers who attempt to scale Mount Everest this year to prevent them from making false summit claims and to track climbers in distress, an official said. Read more… Snap snaps […]
News highlights for 24 January Verizon earnings, net subscriptions, shares – all down (Reuters) – Verizon Communications Inc’s quarterly profit missed estimates and the No. 1 U.S. wireless carrier added fewer subscribers than anticipated in the fourth quarter as it struggles to fend off rivals in a maturing wireless market. Read more… Yahoo up, says […]
The woeful offline experience offers a real opportunity. It looks like Alibaba is about to take a leap into the offline world as it is the lead contender to buy a struggling retail chain in China for $2.6bn. The company in question is In Time Retail Group which operates 29 department stores and 17 malls predominantly […]
SHENZHEN, China (Reuters) – Alibaba Group Holding Ltd Singles Day festival posted a record 120.7 billion yuan ($17.73 billion) worth of sales on Friday, though the gala shopping day saw growth slow as Chinese shoppers searched for deeper discounts and lower pricetags. Amid fanfare and celebrity razzmatazz, sales on Alibaba’s platforms had raced to a […]
News highlights for 2 November Microsoft launches business messaging system, takes on Facebook, Slack (Reuters) – Microsoft Corp launched a messaging system for businesses, Microsoft Teams, on Wednesday, putting it in direct competition with fast-growing startup Slack and Facebook Inc’s Workplace product. Read more… Facebook shares hit by warning of slowing growth (Reuters) – Facebook […]
News highlights for 1 November Soon, you can go shopping on Instagram (Reuters) – Facebook Inc’s Instagram said that it will start tests next week on a new shopping feature through which users can buy products from U.S.-based retailers via the photo-sharing app. Read more… Hulu to add content from Twenty First Century Fox and Disney […]
With news that Alibaba is launching itself into the stronghold of the ‘western’ Internet giants, an inevitable question arises. How do western companies get into China? There is, of course, no doubt that Alibaba has huge plans outside China, and is partnering with US and European companies to make their dreams reality. Verifone is a partner […]
News highlights for August 5 to 7 China launches first mobile telecom satellite XICHANG, Sichuan, Aug. 6 (Xinhua) — China on early Saturday successfully launched the first satellite for mobile telecommunication. The Tiantong-01 satellite was launched at 00:22 a.m. Beijing Time, at southwestern China’s Xichang Satellite Launch Center, with the Long March-3B carrier rocket. It is the […]
News highlights for July 27 Nintendo’s Mario eyes a Mickey Mouse merchandising makeover Flush with the stunning popularity of the Pokemon GO mobile game, Nintendo aims to make more from marketing popular characters such as Super Mario, taking a leaf from the Walt Disney playbook where Mickey Mouse and friends bring in billions of merchandising […]
BEIJING (Reuters) – Hackers in China attempted to access over 20 million active accounts on Alibaba Group Holding Ltd’s Taobao e-commerce website using Alibaba’s own cloud computing service, according to a state media report posted on the Internet regulator’s website. Analysts said the report from The Paper led to the price of Alibaba’s U.S.-listed shares […]
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