01/01/2025 12:57:48 pm
01/01/2025 12:57:48 pm
Vittorio Hernandez | Nov 05, 2014 03:29 AM EST
Payment and retail industries experts doubt if the deal between Apple and Alibaba Group Holding will push through. They cited Apple's current partnership with UnionPay as well as the limited scope that AliPay could offer the Cupertino-based tech giant. read more
Vittorio Hernandez | Nov 04, 2014 10:39 PM EST
The international manhunt for one of the three co-founders of The Pirate Bay ended on Monday with the arrest of Fredrik Neij at the border of Laos and Thailand. read more
Cory Doyle | Nov 04, 2014 05:42 PM EST
Audio streaming platform SoundCloud has announced today that it has completed its first licensing deal with major record label Warner Music Group (WMG). read more
Michael A. Katz | Nov 04, 2014 03:23 PM EST
In its first quarterly earnings report since its IPO, Alibaba's revenue jumped 54% to $2.74 billion. However, its profit margins narrowed during the quarter, a trend that could continue, experts warn, if the company focuses too much on growth. read more
David Curry | Nov 04, 2014 10:06 AM EST
Xiaomi is looking for another round of investors for funding, with a valuation of $40 billion for the largest Chinese smartphone company. read more
Michael A. Katz | Nov 04, 2014 12:58 AM EST
Mexico has granted a Chinese-led group a multi-billion dollar contract to build high-speed trains and a 130-mile rail link in the country - the first time China will export its high-speed trains. read more
Vittorio Hernandez | Nov 04, 2014 01:51 AM EST
Thirteen years after the al Qaeda destroyed the World Trade Center, the iconic New York City landmark is back in business, opening on Monday with travel magazine Conde Nast among its first tenants. Port Authority of New York and New Jersey Executive Director Patrick Foye said the official opening of the 104-story $3.9-billion building makes the Big Apple's skyline whole again. read more
Michael A. Katz | Nov 03, 2014 11:55 AM EST
Chinese gay dating app Blued has received $30 million in series B funding from Beijing-based venture capitalist firm DCM-Doll Capital Management. read more
Michael A. Katz | Nov 03, 2014 11:06 AM EST
Apple CEO Tim Cook wants everything the company develops to be available in China, and Apple Pay is his top priority. read more
Michael A. Katz | Nov 02, 2014 11:09 AM EST
More evidence that China's economy is hitting the brakes has come in as the country reported a slowdown in its manufacturing growth for the month of October. read more
Vittorio Hernandez | Nov 02, 2014 05:52 AM EST
Chinese phone giant Huawei is set to expand its manufacturing facility in Ontario, Canada, by investing $210 million which would create 325 new jobs until 2019. It would be made up of 250 engineering and research positions and 75 marketing, sales and support jobs. read more
Vittorio Hernandez | Nov 02, 2014 04:58 AM EST
China's manufacturing sector is barely growing with its Purchasing Managers' Index (PMI) hitting a 5-month low of 50.8 in October, according to data released on Saturday by the National Bureau of Statistics. read more
Vittorio Hernandez | Nov 01, 2014 05:40 AM EDT
The Japanese central bank surprised global financial markets on Friday by expanding its quantitative easing (QE) program just two days after the U.S. Federal Reserve ended its QE. Under the program, the Bank of Japan would purchase yearly $721 billion (80 trillion yen) of Japanese bonds using newly printed money. read more
Due to the coronavirus, people around the world have canceled their travel plans. Governments and health officials have warned the public to avoid boarding cruise ships and long flights. read more
