In a program, CNBC’s David Faber reported that Alibaba Group Holding Ltd (NYSE:BABA) is under threat from local business giants like Target Corporation (NYSE:TGT) and Home Depot Inc (NYSE:HD). The local business and store chains are lobbying in order to empower states to collect more taxes. For this, they are trying to influence congress in order to pass a legislation. These lobbyists are not doing their campaign on the back end rather they have produced an ad in which, it is stated that Alibaba Group Holding Ltd (NYSE:BABA) is a big Chinese ecommerce company whose IPO was the biggest in the US history.…
Author: Sean Johnson
The Supreme Court is all set to issue a verdict about the legal status of threats and violent comments people make about communities, individuals and countries. The court will decide that whether the violent comment posted on Facebook Inc (NASDAQ:FB) come under protection according to First Amendment’s protection of Free speech or not. This can have a wide influence in the coming days as more and more communities, groups and discussions take place on the social media platforms. The latest development heated up after a lower court in the US ordered Pennsylvania man Anthony Elonis four years in prison after…
Facebook Inc (NASDAQ:FB) has introduced a new tier in its data center fabric which will allow the company to handle data, information and cluster visualization. An article on GigaOM discussed this new data center change and argued that the new fabric will allow Facebook Inc (NASDAQ:FB) to have an increased bandwidth. Before this change, the company was relying heavily on clusters, which were producing some bandwidth issues for the company. Facebook Inc (NASDAQ:FB) has now brought a new concept of “Pods”. Before it, the company was using racks in the cluster architecture. The article quoted Facebook Inc (NASDAQ:FB)’s director of…
In an article on Forbes, Steve Denning reviewed the notion purported in a latest article in which, the author has claimed that Google Inc (NASDAQ:GOOGL)’s dynamics of working and overall structure is same as that of General Motors Company (NYSE:GM). Denning thinks that while this claim is true to a certain extent, there are still some clearly opposite attributes in Google Inc (NASDAQ:GOOGL) which are nowhere to be found in General Motors Company (NYSE:GM). Google Inc (NASDAQ:GOOGL) has a flat company hierarchy; there is no concept of company charts and chain of commands. Low level employee can directly approach the…
In an article on HBR, Jonathan Berman talked about the strategy of International Business Machines Corp. (NYSE:IBM) in the emerging markets. He said that the CEO of International Business Machines Corp. (NYSE:IBM), CEO Ginni Rometty is one of the most energetic and ambitious personalities who are capable of leaving importunate marks on the tech industry. Berman thinks that there are three pillars of International Business Machines Corp. (NYSE:IBM)’s main strategy in the overall markets. International Business Machines Corp. (NYSE:IBM) is putting huge emphasis on Cloud, data and engagement with audience, customers and investors. Cloud has been the single most important core…
Google Inc (NASDAQ:GOOGL) seems to have planned conquering the streaming, music and radio world with its Chromecast, a $35 device which can stream TV, music and channels. In a recent development, the company has updated Google Inc (NASDAQ:GOOGL) Chromecast suite with 7 new apps, which include a plethora of apps to enjoy TV shows, comedy cartoon and radio channels. An important app in the newly launched suite is TuneIn, which allows the users to tune in more than 100,000 radio channels on their devices from phone, TV and tablets. These radio channels will include local radio stations and international ones.…
Wal-Mart Stores, Inc. (NYSE:WMT) has decided to give Amazon.com, Inc. (NASDAQ:AMZN) a tough time in Canada. It has launched “Grab and Go” service using which users can avoid long wait times in stores. A buyer can easily pick up his bought packages and goods from certain pick up points by using a specific PIN number, thus avoiding cash delivery counter delays, loading times and other issues. Amazon.com, Inc. (NASDAQ:AMZN) has a similar service called Amazon.com, Inc. (NASDAQ:AMZN) Locker in the US, but it is still not rolled out in Canada. Wal-Mart Stores, Inc. (NYSE:WMT) will launch this service in 33…
In a program on Bloomberg, “Buyology” Author Martin Lindstrom said that Alibaba Group Holding Ltd (NYSE:BABA)’s Alipay will trigger a massive change in payments, shopping and buying trends in the US market after conquering China. He thinks that the reason behind the change is the dynamics of Chinese markers. Jack Ma has already started getting big and important milestones in the US. eBay Inc (NASDAQ:EBAY)’s PayPal is currently regarded as the number one payment method which is being used by companies, freelancers, vendors and small businesses worldwide. He thinks that in the coming days, people from China will able to…
Macy’s, Inc. (NYSE:M)’s has seized the Black Friday and Thanksgiving Day by putting an amazing show: a holiday gift parade in the streets of Manhattan. The company is planning to pile up heavy revenues from this holiday season. In a program on Bloomberg, Terry Lundgren, chief executive officer of Macy’s Inc said that this year is going to be special in terms of revenue and sales. He said that Macy’s, Inc. (NYSE:M)’s kicked off its Black Friday deals and stores two hours earlier than the year before. There are large crowds headed to the stores to take full advantage of…
Facebook Inc (NASDAQ:FB) has planned to kill unpaid advertisement statuses and content from pages and profiles in the coming month, Wall Street Journal reported. It is becoming a trend that small business owners make Facebook Inc (NASDAQ:FB) pages, gain following and fans and after that, they start posting advertisements, promotional content and much more. The source quoted a business owner, who has flourished her business of gemstones to $100,000-a-year. She offers deals, sales offers and much more and access hundreds of potential clients just by simple statuses from Facebook Inc (NASDAQ:FB) page. Recently, Facebook Inc (NASDAQ:FB) started to ask its…
An article on GigaOM reported that International Business Machines Corp. (NYSE:IBM) is focusing heavily on Cloud in order to imbibe startups that are stepping in the corporate Cloud sector. The company wants them to use its services rather than Amazon.com, Inc. (NASDAQ:AMZN) web services or Microsoft Cloud platform. It recently launched BlueMix Garage in London Level39 Collaboration environment. It is an effort to nurture startups that are new to cloud platform. International Business Machines Corp. (NYSE:IBM) has pledged more than $120,000 in credits for companies using its Cloud products like SoftLayer, BlueMix PaaS and associated. It is more than Amazon.com,…
Intel Corporation (NASDAQ:INTC) and Micron Technology, Inc. (NASDAQ:MU) have promised that they are going to launch 10 Terabytes SSDs within two years. Up till now, SSD’s cost vs space ration was throwing crucial problems at the industry because of the inability of increase bits of spaces on the single layers. Intel Corporation (NASDAQ:INTC), which was working painstakingly to build a cost effective yet spacious SSD has finally hit the breakthrough recently. The company has resolved the problems regarding 3D NAND memory. Now, the company is able to pile up multiple layers on a single die of disk. In an…