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china’s online retailer alibaba is spending a lot of money on mobile gaming


the huge online retailer from china, alibaba, says it will spend $145 million to help create a global distribution ecosystem for mobile games.






china's alibaba cloud, intel team up to customize chipschina's alibaba cloud, in


this service offers on-demand scalability of workload acceleration with fpgas while reducing upfront investment risks.






mattel launches american girl's first boy doll and a partnership with alibaba in


after one week with a new chief executive, mattel inc. is already stepping into new territory — partnering with chinese e-commerce giant alibaba to design products for china and announcing its first male american girl doll. the el segundo toy maker said tuesday it will sell items through tmall.com,...






ambitious alibaba takes aim at the kings of cloud computing


 when you think of the biggest cloud players in the world, one company you might not consider is alibaba, the chinese e-commerce giant that held a record $25 billion u.s. ipo in 2014. alibaba entered the cloud computing business in 2009, just three years after amazon launched its cloud division, aws — and alibaba’s cloud computing efforts are among the ambitious projects that… read more






china's alibaba cloud, intel to build customized chips


this service offers on-demand scalability of workload acceleration with fpgas while reducing upfront investment risks.






china's alibaba cloud, intel to build customize chips


this service offers on-demand scalability of workload acceleration with fpgas while reducing upfront investment risks.






snapchat parent files to go public in $3b ipo


disappearing-message service's initial public offering expected to be the biggest since alibaba in 2014






snapchat parent files to go public in $3b ipo


disappearing-message service's initial public offering expected to be the biggest since alibaba's in 2014






snap shares jump in ipo


snap raised $3.4 billion in its much-anticipated ipo wednesday, the largest public debut of a tech company on the u.s. market since alibaba's 2014 offering.






euronet outbids alibaba’s ant financial with $1 billion offer for moneygram


 alibaba’s conquest to own a piece of the global money transfer industry just suffered a huge blow after euronet outbid its fintech affiliate business for the proposed acquisition of moneygram, a popular option for cross-border money transfers. ant financial, the alibaba-controlled unit that runs alipay among other services, bid $880 million for moneygram back in january, but now… read more






euronet outbids alibaba’s ant financial with $1 billion offer for moneygram


 alibaba’s conquest to own a piece of the global money transfer industry just suffered a huge blow after euronet outbid its fintech affiliate business for the proposed acquisition of moneygram, a popular option for cross-border money transfers. ant financial, the alibaba-controlled unit that runs alipay among other services, bid $880 million for moneygram back in january, but now… read more






snap sets ipo valuation at up to $22 billion


in latest sec filing, snap says it plans to raise about $3 billion in what would be the biggest tech ipo since alibaba.






alibaba gets serious in southeast asia in preparation for battle with amazon


 done betting, alibaba is getting down to work in southeast asia as it bids to lead the region’s promising e-commerce space and maximize its early mover advantage over amazon. alibaba became the first major international player to enter southeast asia, a region with more than 600 million cumulative consumers, when it bought a majority stake in lazada, the rocket internet-backed… read more






how snap stacks up among tech’s biggest ipos


snap on wednesday priced the largest u.s. tech ipo since china-based alibaba went public in 2014.






it’s alibaba versus amazon in india’s e-commerce market


 the battle for supremacy in india’s e-commerce space looks set to become a slug out between two gigantic global players: amazon and alibaba. at stake is one of the world’s fastest growing internet markets. india’s online population is tipped to reach 450 million-465 million people by june 2017, according to a new report co-authored by the internet and mobile association… read more






snap shares jump in opening debut


snap raised $3.4 billion in its much-anticipated ipo wednesday, the largest public debut of a tech company on the u.s. market since alibaba's 2014 offering.






apache struts framework flaw hit by hackers


daily video: apache struts vulnerability under attack; china's alibaba cloud, intel team up to customize chips; google boosts data science presence with kaggle purchase; and there's more.






alibaba invests in wayray, a maker of augmented-reality dashboards for smart car


 after launching its first car last year, alibaba is digging deeper into the automobile industry. the chinese internet and e-commerce behemoth is the lead investor in smart car tech developer wayray’s $18 million series b round, the startup announced. read more






euronet outbids alibaba’s ant financial with $1 billion offer for moneygram


 alibaba’s conquest to own a piece of the global money transfer industry just suffered a huge blow after euronet outbid its fintech affiliate business for the proposed acquisition of moneygram, a popular option for cross-border money transfers. read more






alibaba gets serious in southeast asia in preparation for battle with amazon


 done betting, alibaba is getting down to work in southeast asia as it bids to lead the region’s promising e-commerce space and maximize its early mover advantage over amazon. read more






snapchat company sets ipo valuation target at $19 billion


snap inc. set a starting price range of $14 to $16 per share for its initial public offering, which could value the los angeles technology company at $19 billion. the ipo of the snapchat mobile app developer is expected to be the largest-ever for a los angeles firm and the biggest since alibaba...






why is china banning winnie the pooh?


the chinese communist party has said it will cut the number of foreign picture books featuring subversive ideology, and have removed winnie the pooh along with james and the giant peach and peppa pig. taobao, china’s online shopping service that’s similar to amazon and owned by alibaba, announced on...






alibaba’s ant financial is raising $3b in debt to finance a global m&a spree


 alibaba affiliate ant financial announced a surprise deal to acquire international payment service moneygram for $880 million last month, but that looks like being just the start of its m&a activities. a source at the company confirmed to techcrunch that it is close to raising nearly $3 billion in debt financing in order to bankroll further acquisitions, as the information and… read more






alibaba’s arch rival jd.com spins out its financial services business


 while alibaba’s ant financial fintech affiliate is out doing deals to expand its global presence and raising a $3 billion war chest for further m&a, its chief rival in china has made a strategic deal of its own. jd finance, the financial services business belonging to alibaba competitor jd.com, is going independent, according to a deal announced yesterday. the business was started… read more






alibaba plays politics with new cross-border e-commerce initiative in malaysia


 alibaba is planting another flagpost in southeast asia. unlike its $1 billion acquisition of lazada last year, the chinese giant is making political moves after it announced a joint partnership with malaysia’s government to facilitate international e-commerce in the country. often overshadowed by india and china, southeast asia’s digital economy is tipped for major growth over… read more






it’s alibaba versus amazon in india’s e-commerce market


 the battle for supremacy in india’s e-commerce space looks set to become a slug out between two gigantic global players: amazon and alibaba. at stake is one of the world’s fastest growing internet markets. india’s online population is tipped to reach 450 million-465 million people by june 2017, according to a new report co-authored by the internet and mobile association… read more






alibaba’s ant financial extends global reach with first investment in the philip


 alibaba affiliate ant financial has again extended its global reach after it completed its maiden investment in the philippines. the company, which manages payment service alipay and alibaba’s digital banking services and is valued at $60 million, said it made an undisclosed investment in mynt, a financial venture from globe telecom. mynt’s interests include a micro-payment… read more






alibaba’s ant financial takes control of hellopay to extend its reach in southea


 another day, another deal to widen the reach of ant financial, the fintech-focused alibaba affiliate. this week, ant financial announced that it is picking up hellopay, the payments firm attached to lazada, which alibaba bought a major share in for $1 billion last year. hellopay was founded in november 2014 by lazada to develop payment services for its e-commerce business. the deal is an… read more






snap inc.'s founders spend big on outside talent, but aren't keen to share votin


in late 2014, the company then known as snapchat hired a star banker away from credit suisse to be its chief strategy officer. imran khan had deep connections in the technology industry, links that helped snapchat score a $200-million investment from chinese internet giant alibaba months after...






alibaba’s ant financial expands to korea with $200m investment in kakao pay


 alibaba affiliate ant financial is making yet another m&a deal. the firm is investing $200 million into a fintech project belonging to kakao, the $5 billion firm that runs korea’s dominant messaging service. ant financial, which manages payments service alipay and alibaba’s digital banking business, will invest the capital into kakao pay, a soon-to-launch kakao fintech division. read more






nordstrom and alibaba jump while urban outfitters falls


new york (ap) — stocks that moved substantially or traded heavily thursday: nordstrom inc., up $4.15 to $44.63 the department store said members of the nordstrom family are thinking of buying the company. verint systems inc., up $1.35 to $43.45 most read storiesno escape for priced-out seattleites: home prices set record for an hour’s drive […]






hackers attacking apache struts framework code flawhackers attacking apache stru


daily video: apache struts vulnerability under attack; china's alibaba cloud, intel team up to customize chips; google boosts data science presence with kaggle purchase; and there's more.






softbank’s profit zooms on sprint turnaround, alibaba


tokyo (ap) — japanese internet, robot and solar company softbank group is reporting a 12-fold climb in quarterly profit, as a turnaround at its u.s. mobile unit sprint helped it on its way to a record annual profit. tokyo-based softbank reported wednesday a january-march profit of 580.5 billion yen ($5.1 billion), up dramatically from 45.2 […]






alibaba’s ant financial extends global reach with first investment in the philip


 alibaba affiliate ant financial has again extended its global reach after it completed its maiden investment in the philippines. read more






alibaba’s ant financial may have won the bidding war for moneygram after upping


 ant financial, the alibaba affiliate company focused on financial services, appears to have finally won its battle with euronet to acquire moneygram, the u.s.-based cross-border payments service, after it increased its bid to $1.2 billion. read more