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FruitDay gets $70 Million Fresh Capital To Sell Fruits And Vegetables Online

JD.com puts its money on fresh fruits and vegetables with FruitDay, in a Series C round funding. JD. com, e-commerce site in China and major competitor of Alibaba is investing in online fresh vegetables and fruits seller FruitDay, as it led in a $70 million Series C round funding for FruitDay.

May 28, 2015 2:57 AM EDT


Alibaba Takes Battle Against Fake Goods To Another Level

Alibaba makes an effort to train locals to create home-grown brands after they are sued by Gucci. After Gucci sued and criticized Alibaba for allowing the trade of fake goods in their online store, the Chinese e-commerce giant Alibaba has started waging a war against counterfeits right at the source.

May 28, 2015 2:14 AM EDT


HBO NOW to lower Prices on streaming services after Customer Satisfaction Survey; Network to compete with Netflix, Amazon Prime Prices

HBO Now recently asked their customers regarding a new pricing system for their services and consumers were given options to choose from. Subscribing for HBO NOW's streaming services could be lowered due to the result of the survey.

May 27, 2015 11:30 PM EDT


Complacency has returned to the stock market according to Deutsche Bank Chief U.S. Equity Strategist

Complacency is an element of the stock market yet again according to Deutsche Bank Chief U.S. Equity Strategist.

May 27, 2015 11:07 PM EDT


Skype summoned to Belgian court after company fails to provide requested call data

Skype ordered to appear in a Belgian court after the company did not provide call data as requested.

May 27, 2015 10:52 PM EDT


US Supreme Court ruling in Cisco Systems patent infringement case favored Commil USA

Supreme Court voted 6-2 in favor of Commill USA in a case of patent infringement against Cisco Systems. Judge acknowledge the existence of patent troll issues.

May 27, 2015 1:39 PM EDT


Worldwide smartphone growth to slow down this year, Android to lead market share

The global smartphone growth is expected to slow down this year. Android meanwhile is predicted to lead in terms of market share.

May 27, 2015 1:02 PM EDT


TiVo revenue rises to 7.2% and aims international expansion through Cubiware acquisition

TiVo increased its quarterly revenue to 7.2% due to subscription growth. Cubiware acquisition is expected to bring more positive results for the company.

May 27, 2015 12:28 PM EDT


Samsung announced merger in affiliate companies to strengthen immediate heir’s future control in the organization

Samsung Group is putting a speedy effort to consilidate its key assets to strenghten the future leadership of the company. Cheil and Samsung C&T is the latest merger announcement within the group.

May 27, 2015 11:44 AM EDT


Snapchat IPO plans revealed by CEO and founder during the Recode Code Event; Future Plans involves $15 Billion worth of Mobile Apps

Snapchat has gained over 200 million active users according to recent reports. The company has grown from a mobile app to a media affiliate currently having an estimated value of $15 billion.

May 27, 2015 11:21 AM EDT


Expedia lets go of Chinese Partner eLong

Expedia is investing $280 million on Travelcity but divested from eLong. Expedia is very busy this year. It also turns out to be a pretty expensive year after buying Travelcity in February for $280 million and investing $1.

May 27, 2015 4:06 AM EDT


Indian E-commerce Giant Snapdeal Acquires MartMobi to Strengthen Mobility Platform for Merchant Partners

Snapdeal, one of the largest e-commerce players in India, has snapped MartMobi for an undisclosed amount. The acquisition is set to help improve its mobile experience for sellers and customers on its marketplace.

May 27, 2015 3:09 AM EDT


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