Daniel Zhang, who took over as Alibaba’s new CEO on Sunday, plans to make Alibaba more of a global player. Getty Images Alibaba wants to go global in a big way. Days after taking the helm as the company’s new CEO, Daniel Zhang told employees Wednesday he’s making international growth Alibaba’s primary mission in the …
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Walmart plans to expand its mobile-payments service to more stores in China. Bloomberg via Getty Images The world of mobile payments in China keeps heating up. Walmart said Wednesday that it’s teaming with Alipay, Alibaba’s financial partner, to bring mobile payments to 25 Walmart-owned stores in Shenzhen. Customers at those stores can now make purchases using the Alipay Wallet app, …
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Zulily shares have taken a dive this year, but Alibaba’s deep pockets are giving them a boost. Getty Images Alibaba, already the biggest e-commerce company in China, keeps dabbling in the US. The company has taken a roughly 10 percent stake — worth about $150 million — in Zulily, a Seattle-based online retailer focused on women’s and kids’ merchandise, according …
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At Alibaba headquarters in Hangzhou, China. The company enjoyed a huge attention from its $25 billion IPO last year, but has struggled since with regulators and growth. Hong Wu/Getty Images Alibaba named a new CEO on Thursday in a surprise move, an apparent effort to right itself as its revenue growth and stock price have stumbled so far this year. …
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Amazon Prime customers will have free and unlimited in-flight access to Amazon’s tens of thousands of movies and TV episodes. Preston Rescigno/Getty Images Amazon is teaming up with JetBlue to make your future flights a bit more entertaining. The Seattle e-commerce company will bring its suite of movies, TV shows, digital books, music and apps to some JetBlue flights later …
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PayPal will start protecting purchases of services and digital content the same way it has for physical goods. Getty Images A lot of the stuff you buy these days isn’t stuff at all. With consumers spending more money on digital goods, PayPal decided it was time to start offering buyer protections for those digital songs, books, travel tickets and software …
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Qualcomm Executive Chairman Paul Jacobs says increased competition will help the company improve its game. Sarah Tew/CNET NEW YORK — Qualcomm, the world’s biggest maker of chips for mobile devices, is under a lot of pressure from its competitors these days. It’s seen its Snapdragon processor replaced by a Samsung-made chip in Samsung’s flagship Galaxy S6 phones — a switch …
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The market for education IT products and services is more than $20 billion, with Amazon, Apple and Google all vying for a piece of the space. Boston Globe via Getty Images Amazon’s efforts to grow in education look to be paying off so far. Since the company in 2012 started offering Whispercast — a free service for schools to distribute …
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Loop has raised about $30 million since its founding in 2012. Loop Commerce You probably haven’t heard of Loop Commerce, but the startup already has the attention of many bigwigs in the online payments and retail world. The online gift-giving company said Tuesday it’s raised an extra $16 million from PayPal and executives from Amazon, Facebook and elsewhere to help …
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The LG G4 uses a Snapdragon 808, a small step down from the Snapdragon 810. Sarah Tew/CNET Qualcomm’s top-of-the-line Snapdragon 810 chip has had a rough start since it hit the market early this year, with Samsung dumping the processor from its flagship Galaxy S6 and persistent rumors that the chip overheats. With all that negativity surrounding the 810, industry …
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