Search Results for: Alibaba
Fintech funding hits all-time high in 2015, despite pullback in Q4: KPMG and CB Insights
March 11th, 2016
KPMG and CB Insights release their inaugural quarterly fintech venture capital (VC) report, highlighting a record year for venture-backed fintech startups in 2015, but waning investor appetite to close out the year. While 2015 marked a banner year for ...
Investing in Technology: Outlook and key themes for the technology sector in 2016
March 7th, 2016
Technology was one of the clear winners in 2015, amid a generally lacklustre year for stock markets. The Nasdaq finished the year nearly 6% ahead of the wider S&P 500 index. However, the strength has been confined to a ...
MWC 2016: Mastercard rolls out selfie ID checks
February 25th, 2016
Credit card firm Mastercard has confirmed it will accept selfie photos and fingerprints as an alternative to passwords when verifying IDs for online payments. It follows a trial of the software carried out in the US and Netherlands last ...
Davos 2016: eight key themes for the World Economic Forum
January 19th, 2016
Political and business leaders gather at Swiss ski resort to discuss issues including robots, terrorism, migration and inequality The world’s political and business leaders, plus the usual smattering of celebrities – including Leonardo DiCaprio – are heading to Davos, ...
Yahoo to Reconsider Sale of Web Business Instead of Spinoff
January 11th, 2016
A decision to sell would contradict Yahoo’s intent to spin Verizon has publicly stated interest in acquiring Yahoo Yahoo! Inc. is considering an outright sale of its business, marking what could hasten a significant shift in the company’s thinking as ...
China central bank details rules on online payment
December 29th, 2015
China’s central bank released detailed regulations of online payment services by non-bank institutions on Monday in the latest effort to contain possible risks in the booming Internet finance industry. The new rules require real-name registration for all non-bank payment ...
IPO Wars: New York Stock Exchange Is Going Global
December 28th, 2015
Apparently, the world’s biggest stock exchange isn’t big enough. The New York Stock Exchange – the symbol of American capitalism that boasts a market cap of around $21 trillion – is ramping up efforts to attract more foreign ...
Yahoo Board to Weigh Sale of Internet Business
December 2nd, 2015
Board to discuss whether to proceed with a plan to spin off its investment in Alibaba, find a buyer for its core business, or both, sources said Yahoo Inc.’s board is planning a series of meetings this week to consider ...
Apple Seeks to Launch Apple Pay in China by February
November 24th, 2015
Tech giant has paved way by striking deals with big four state-run banks, but regulatory hurdles may remain Apple Inc. seeks by early February to launch its new Apple Pay electronic-payment service in China—a vibrant but fiercely competitive market ...
ASX, Kospi maintain winning run; Fed-watch continues
November 23rd, 2015
Asian markets continued to trade mixed on Monday afternoon, following a rally on Wall Street last week as investors continue to look out for comments from central bankers on the trajectory of U.S. monetary policy. Major U.S. indices ended ...