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Alibaba CEO Jack Ma Makes Multi-Million Dollar Investment in ‘Rent the Runway’ Fashion Business

It seems that Chinese billionaire investor Jack Ma is planning to expand his business interests to include women’s fashion. Mr. Ma and his Alibaba co-founder Joseph Tsai, are now eyeing a stake in Rent the Runway, a New York-based designer clothing rental for women. Jack Ma and Joe Tsai, through Blue Pool Capital, will inject […]

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Amazon Reportedly Wants to Venture into Banking

In its bid to strengthen its relationship with its millions of existing customers, eCommerce giant Amazon is carefully considering a foray into the highly regulated banking industry. While The Wall Street Journal reported the initial talks between Amazon and financial services firms that include JPMorgan Chase and Capital One, the online store remained mum on

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Dropbox Gets Ready to Go Public After Earning $1.1 Billion in Revenue for 2017

Investors looking for a way to diversify their investment portfolios with some tech stocks will have a rare chance to do so later this week. Dropbox, the San Francisco-based file hosting and syncing service, will have its initial public offering (IPO) on Friday giving investors the opportunity to own shares of the popular tech firm

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How Your Business Can Identify and Capitalize on Micro-Moments

There’s no question that smartphones have become a ubiquitous part of our daily lives. Studies have shown that 46% of Americans reach for their phones first thing in the morning, while 91% of people automatically reach for a mobile device to check on something when doing a task. This reliance on smartphones has become so

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Walmart Builds Giant Private Cloud to Take on Amazon

Walmart knows that to win big, it has to bet big as well. In its multibillion-dollar battle against online retailer rival Amazon, brick-and-mortar giant Walmart made a big bet in upgrading the technology behind is operations which include putting up with the world biggest private cloud. And it seems to be paying off. In order

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Facebook Reveals ‘Privacy Principles’ in Preparation for New Data Protection Laws

Facebook is taking more steps to improve privacy for its users. For the first time, the social media giant will publish its privacy principles or guidelines that reveal how user info is stored and shared. In addition, the company will introduce a new, more visible Privacy Center to make it easier for users to change

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4 Best Platforms for Launching Your eCommerce Store

Picking the right eCommerce platform is one of the most critical decisions that small businesses can make in this digital age. This is because mobile commerce and eCommerce are set to grow exponentially in the coming years as more people shop online. The booming eCommerce trend shows that brands that chose the right platform have

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Is Mark Zuckerberg Planning to Bring Bitcoin to Facebook?

Thanks to 2017 being a banner year for a host of cryptocurrencies such as Bitcoin, Litecoin, and Ethereum, everyone on Earth is now aware of the existence of these digital assets. Buoyed by the massive market gains last year, cryptocurrencies, in general, seemed to have passed the litmus test to qualify as a legitimate investment

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Microsoft Updates “A Cloud for Global Good” Doc

Microsoft today released a 2018 version of “A Cloud for Global Good” this morning. “The beginning of a new year offers an opportunity to reflect on the past and look forward to the future,” stated Brad Smith, Microsoft President and Chief Legal Officer in a blog post. Smith adds, “It’s in this spirit that today

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