Alibaba is well known for its e-commerce platforms, but the Chinese tech giant has branched into fintech, film, new retail and now, hospitality. I recently stayed at Alibaba’s futuristic FlyZoo hotel, which is adjacent to its headquarters in Hangzhou, China. Here, there are no keycards and everything is cashless. It […]
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Facebook removes ‘coordinated’ fake accounts in UAE, Egypt, Nigeria and Indonesia
Signage is displayed outside Facebook Inc. headquarters in Menlo Park, California, U.S., on Tuesday, Oct. 30, 2018. David Paul Morris | Bloomberg | Getty Images Facebook said it has removed multiple accounts involved in what it terms “coordinated inauthentic behavior” on both its Facebook and Instagram platforms. “We removed multiple […]
Hong Kong weighs banning face masks, enacting emergency laws as it struggles to contain violence
Protesters cover their faces to conceal their identity as they retreat away from riot police during the demonstration. Aidan Marzo | SOPA Images | LightRocket | Getty Images Hong Kong’s government is expected to discuss sweeping emergency laws on Friday that would include banning face masks at protests, two sources […]
Everything Jim Cramer said on ‘Mad Money,’ including earnings season, EU tariffs, Constellation CEO
CNBC’s Jim Cramer takes a look at PepsiCo‘s earnings report and reveals how investors should play stocks this earnings season. The “Mad Money” host gets to the bottom of Constellation Brands’ earnings report with CEO Bill Newlands after shares cratered more than 6% in the session. Later in the show, […]
Google wants its AI to disappear in your clothes
Google Jacquard Levi’s Google has updated its concept of tech-infused apparel and it appears to target everyday people not interested in obvious wearables. Google’s Advanced Technology And Projects division, known as Google ATAP, updated its Jacquard app and small computing sensor placed in new Levi’s jackets, the company announced Thursday. […]
Zuckerberg on Sanders’ no-billionaires plan: ‘At some level, no one deserves to have that much money’
Facebook founder and CEO Mark Zuckerberg leaves a meeting with Senator John Cornyn (R-TX) in his office on Capitol Hill on September 19, 2019 in Washington, DC. Zuckerberg is making the rounds with various lawmakers in Washington today. Samuel Corum | Getty Images News | Getty Images Facebook CEO Mark […]
Mark Zuckerberg agrees with Sen. Sanders on billionaires: ‘No one deserves to have that much money’
Facebook founder and CEO Mark Zuckerberg leaves a meeting with Senator John Cornyn (R-TX) in his office on Capitol Hill on September 19, 2019 in Washington, DC. Zuckerberg is making the rounds with various lawmakers in Washington today. Samuel Corum | Getty Images News | Getty Images Facebook CEO Mark […]
Tim Cook weighs in against launching an Apple cryptocurrency
Tim Cook at the Apple launch event in Cupertino Calif. on Sept. 10th, 2019. Source: Apple Apple Chief Executive Tim Cook has weighed in against launching an Apple cryptocurrency, saying in remarks published on Thursday that companies should not be trying to gain power by establishing competing currencies. Three months […]
Ulta Beauty had a rough few weeks, but it’s time to buy the cosmetics retailer, Jim Cramer says
It wasn’t long ago that Ulta Beauty fell out of favor with investors, but CNBC’s Jim Cramer said it’s time to buy the cosmetic retailer’s stock again. “Yes, Ulta’s last quarter was a disaster. I wish I’d seen it coming,” the “Mad Money” host said Thursday. “But with insiders buying […]
Jim Cramer explains how to judge this earnings season: ‘Not as bad as feared’
CNBC’s Jim Cramer on Thursday said investors should judge quarterly reports this earnings season on a nontraditional metric: “not as bad as feared.” Shorthand: NABAF. Many stocks have fallen so far off their highs that the conventional “better-than-expected” measure won’t do the trick, said the “Mad Money” host, who based […]