Shares of one of the technology world's oldest and best-known names rose 4 per cent to $108.50 in trading before the bell.
Chinese e-commerce giant Alibaba Group Holding Ltd on Wednesday said it has agreed to acquire a minority stake in China’s Focus Media Information Technology Co Ltd to tap into the digital marketing sector.
Mukesh Ambani is poised to overtake Alibaba Group founder Jack Ma to become Asia’s richest person as he positions Reliance Industries to disrupt the e-commerce space in India.
With Indian organisations already spending heavily on public Cloud services, time is now right to do business in the country, a top executive from Alibaba Cloud, the cloud computing arm of Chinese giant Alibaba Group, said.
Facebook has apologised for labelling 65,000 Russians as "interested in treason," putting them at potential probe risk by the Russian law enforcement officials and the government, the media reported.
hinese guests at Marriott International, the world’s largest hotel chain, may soon be able to check in with a quick scan of their facial features.
At 9:49 am ET the Dow Jones Industrial Average was up 193.11 points, or 0.79%, at 24,649.59, the S&P 500 was up 15.33 points, or 0.56%, at 2,775.15.
U.S. stock index futures rose on Monday, drawing strength from healthy U.S. jobs data last week that helped investors look past rising trade tensions between the United States and China.
Ant Financial’s record-setting $14 billion funding round led sovereign investor transactions in the second quarter against a backdrop of rising interest in tech-related start-ups, although overall deal values fell slightly.
CMC Inc said that it had raised around 10 billion yuan ($1.49 billion) in a fund-raising round from investors including rival tech giants Alibaba Group Holding Ltd and Tencent Holdings Ltd.