Following the sale of Yahoo’s core internet business to Verizon Communications, the remaining stakes owned by Chinese Internet giant Alibaba will henceforth be known as Altaba, when the closes by late March. According to insider sources, the new name is a combination of Alternative and Alibaba. Last year, Verizon has a deal to buy Yahoo’s […]
E-commerce giant, Alibaba has partnered up with the Shenzhen-based manufacturer FiiSmart to announce a new smartwatch running Alibaba’s YunOS. Dubbed the Pay Watch, the device has some of its inspirations from the cupertino giant’s Apple Watch and a little from ASUS’s Zenwatch. The Pay Watch sports a 1.63-inch AMOLED display with a resolution of 320 […]
Finish company Nokia is looking to cut its losses on its maps business unit; the company is currently in the markets for suitors for its Maps business unit simply know as HERE. According to Bloomberg, Insiders with knowledge of the matter has listed Apple, Amazon, Alibaba and Facebook as some of the companies contacted. Other […]
China’s largest e-commerce operator, Alibaba Group Holding LTD has agreed to acquire the remaining stakes in popular browser and web search company, UCWeb. Alibaba already had 66% interest in UCWeb announced, however it was revealed that the deal is worth more than the $1.9 Billion paid by Baidu for 91 Wireless last year. The Baidu-91 […]