Singles’ Day: The Black Friday of the Orient


Singles’ Day sales are going to break all previous records this time around. Especially Alibaba’s stint at the November 11th session of the surge in economic activity will be phenomenal. The Chinese...

Yahoo Directory closing while stockholders demand repayment


Yahoo will be phasing out the directory part of the company on December 31.After the quiet announcement on Tumblr, a Yahoo product, tech blogs picked up the story. After all, "Yahoo was started...

Alibaba (BABA) IPO Shares Jump 36%


Chinese Alibaba sold shares worth of about $22 billion today. The shares of the Alibaba IPO have been priced at $68, but shot up to $92.70 at the beginning of trading at the NYSEAlibaba is trading...

Alibaba BABA Shares Priced at $68


Chinese Alibaba is going to sell shares worth of about $22 billion starting today. The shares of the Alibaba IPO have been priced at $68.Alibaba is set to start trading today under the symbol BABA on...

Alibaba (BABA) IPO is Tomorrow


Chinese Alibaba is going to sell shares worth $22 billion starting tomorrow. The shares of the Alibaba iPO are supposed to be priced today after the market closes says a new Reuters report.Alibaba is...

eBay DOJ Settlement approved by US Judge


The antitrust people and the company eBay were at loggerheads until recently when matters were finalized between the two. A US judge has given the thumbs-up sign to both parties for settling the...