Coronavirus Interrupts China’s Tech Supply Chains
The coronavirus outbreak has placed China’s vast technology supply chain at risk as many of the component makers are situated in or... Read More
Bunnings Eliminates Price Guarantee
Bunnings has expanded its online offering with the national hardware retailer teaming up with trusted third-party seller via their new marketplace. However... Read More
Alibaba To File For $20B HK Listing
China’s biggest e-commerce company Alibaba has filed confidentially for a Hong Kong listing that could raise up to US$20 billion in Q3.... Read More
Alibaba Pays $250m Over Lawsuit
Alibaba will pay US$250 million to settle a US lawsuit after the Chinese e-commerce company concealed a regulatory warning about counterfeiting before... Read More
Alibaba Singles Day Sales Surpass $2B
E-commerce behemoth Alibaba has shattered last year’s sales record on the country’s annual buying frenzy Singles Day, on November 11, in the tenth... Read More
IBM To Acquire Cloud Computing Firm Red Hat For $47 Billion
IBM has announced that it will acquire open-source cloud software company Red Hat for AU$47 billion/US$34 billion. The deal is the largest IBM has... Read More
Alibaba Reneges On US Jobs Promise, Cites Trade Conflict
Chinese e-commerce giant Alibaba is shelving plans to create 1 million jobs in the US as fallout from the ongoing trade war... Read More
Alibaba Announces Daniel Chang As Successor to Jack Ma
Alibaba Group co-founder Jack Ma has announced a successor for his burgeoning company, Chief Executive Officer Daniel Zhang, but is happy to... Read More
Alibaba Revenue Up 61% Despite US Tension
Alibaba has post a 61% [YoY] jump in quarterly net revenue to 80.9 billion yuan (US$12.2 billion), driven by entertainment and cloud... Read More
Christmas Arrival For Google Smart Display
Google has prepared 3 million Smart Display units for shipping by Christmas, taking the fight for voice activated screens to Amazon and... Read More