The beleaguered CEO of the struggling Internet pioneer delivers a "bold" strategic plan. She is cutting jobs, selling patents and real estate, and inviting would-be acquirers to speak up.
It may seem like the hype around virtual and augmented reality technologies couldn't get any bigger. But a new $800 million investment in Magic Leap shows that promise matters more than reality.
China is in the throes of the world's single largest day of shopping, Single's day. Shoppers are expected to spend a record amount of money, mainly through online platforms like Alibaba and JD.com.
Taiwanese authorities have ordered the e-commerce company to leave Taiwan within six months.
Internet giant plans to pursue spinoff of stake in the Chinese e-commerce giant, which is valued at more than $23 billion.
The e-commerce giant launches Tmall Box Office, pegged to be China's Netflix -- as the real Netflix struggles to expand into the country.
Alibaba's Tmall online marketplace for consumers in China plays host to retailers like Apple and Nike, which pay Alibaba a commission on all sales. Amazon decides to suck it up and join the list.
Chief executive Marissa Mayer delivers better-than-expected sales. But admits Alibaba gains are "top of mind" for investors.
The company's revenue was up 40 percent and its mobile revenue was up a whopping 448 percent. Alibaba's profit, however, dipped 28 percent to $964 million.
China's mega e-tailer is roughly two months away from launching its own video-streaming service, modeled on Netflix and HBO, the company said on Sunday.