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Alibaba Invests $2.87 Billion in Sun Art Retail Group

Alibaba Invests $2.87 Billion in Sun Art Retail Group

On Monday, Alibaba Group Holding Ltd (NYSE: BABA) announced plans to invest $2.87 billion in China’s top hypermart operator, Sun Art Retail Group Ltd to expand their footing in offline retail. The company is to also create an alliance with Rue..

Uber Adds Live Location Sharing

Uber Adds Live Location Sharing

Uber has announced new updates on their app designed to make the pickup process easier and faster just in time for the busy holiday travel season. Users can now do live location sharing allowing to temporarily share with the driver exactly where to ..

Tesla Unveils its New Electric Semi Truck and Sports Car

Tesla Unveils its New Electric Semi Truck and Sports Car

One of the more anticipated events by Tesla Inc. (NASDAQ: TSLA) was its unveiling of the its electric semi truck, but due to complications with the Model 3 as well the company diverting attention to Puerto Rico, the reveal was delayed. Along with th..

Year-End Stock Market Sell-Off a Possibility

Year-End Stock Market Sell-Off a Possibility

The markets exhibit a different tone now. Gone are the days when positives ruled. A day at this time could go anywhere, including north in the first half and a deep south at the end. One such day was November 14. The rally which began at the start o..

Amazon’s First Cashierless Store to Launch

Amazon’s First Cashierless Store to Launch

Downtown Seattle is the home of Amazon.com, Inc. (NASDAQ: AMZN) experimental convenience store called Amazon Go. For the past year, the company has been testing this store to allow customers to walk in, pick up products, and pay without st..

Big Investors Raise Stakes in Snap Inc.

Big Investors Raise Stakes in Snap Inc.

Firms such as Fidelity Investments and Coatue Management LLC have increased their stakes in Snap Inc. (NYSE: SNAP) third quarter following the company’s disappointing results. Fidelity’s companies held 11 million more Snap shares th..

IBM Launches a 50-Qubit Quantum Computer

IBM Launches a 50-Qubit Quantum Computer

On Friday, International Business Machines Corp. (NYSE: IBM) introduced a quantum computer that handles 50 quantum qubits while also making a 20 qubit system as well that will be available through their cloud computing platform.Companies like I..