2 December 2011 Last updated at 02:23 GMT There has been growing speculation about Alibaba preparing a takeover bid for Yahoo Shares in Yahoo rose on reports that China’s Alibaba Group was preparing a takeover bid with private equity firms Blackstone and Bain Capital. Yahoo shares ended Thursday trading on the Nasdaq tech exchange 3.3% [...]
Tag: online
December 3, 2011
December 2, 2011
Superman comic sells for $2.16m
1 December 2011 Last updated at 03:25 GMT Action Comics No 1 sold originally for 10 cents A copy of the first issue of Action Comics, featuring Superman’s debut, has become the world’s most expensive comic, fetching $2.16m (£1.4m). It was auctioned online for a starting bid of just $1, with a reserve price of [...]
November 28, 2011
US Thanksgiving retail sales up
28 November 2011 Last updated at 11:39 GMT US retailers have reported a bumper start to the Christmas season US retail sales figures in the critical Thanksgiving weekend rose 16% versus a year ago to $52.4bn, the National Retail Federation (NRF) has said. The figures include Black Friday, the first day after the Thanksgiving holiday, [...]
November 28, 2011
Discounts aid online sales surge
28 November 2011 Last updated at 12:26 GMT Amazon warehouses expect this to be the busiest time of the year for online orders Online sales rose faster than expected in the US on Black Friday, according to surveys. Internet sales totalled $816m (£524m), a 26% gain on last year, said Comscore. IBM Coremetrics put the [...]
November 28, 2011
Cyber Monday outlook: Big deals, sales
New York (CNNMoney) — Did you skip the lines on Black Friday? There’s still Cyber Monday — and analysts are expecting an abundance of deals to bring in record online sales this year. Andrew Lipsman, an industry analyst at data tracking firm ComScore, said sales for the one-day shopping event are projected to hit a [...]
October 30, 2011
Google Street View heads indoors
28 October 2011 Last updated at 14:57 GMT An Australian chocolate shop is one of the first retailers to sign up to the service Google has started a pilot project allowing the public to look inside shops and other businesses found on its maps. The feature is an extension of the firm’s Street View technology, [...]
October 28, 2011
Online Program Touts Reunification to South Korean Youth
This week negotiators from Washington, South Korea, China and Russia are trying to get the stalled North Korea nuclear talks back on track. The talks are aimed at dismantling North Korea’s nuclear program – something that South Korea has long insisted must occur before they could consider reunification. But for many young South Koreans, born [...]
October 20, 2011
Groupon plans scaled back flotation as eurozone crisis deflates plans
Online discount firm Groupon is planning a scaled-back stock market flotation that will value the firm at less than half the sky-high price it was hoping to fetch less than six months ago. The firm is planning an initial public offering of less than 10% of the company at a value of $12.5bn (£8bn), according [...]
September 29, 2011
Rupert Murdoch’s Daily averaging just 120,000 readers a week
Rupert Murdoch‘s iPad-only newspaper is averaging just 120,000 readers a week, less than a quarter the number he said the publication needs to make money, an advertising executive close to the Daily has told Bloomberg. Murdoch personally launched the Daily in February, just before he became embroiled in the News Corp phone-hacking scandal. The news [...]
September 17, 2011
Amish jailed by Kentucky judge over warning triangle fine non-payment
Eight Amish men have been jailed by a judge in Kentucky for non-payment of fines after refusing to fix reflective orange warning triangles to the back of their horse-drawn buggies. The unusual suspects, whose mugshots have been published online, were arrested for misdemeanours. A ninth man was arrested but not jailed. The group hail from [...]