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Alibaba beats forecasts again, takes stake in affiliate Ant

SHANGHAI (Reuters) – Alibaba Group Holding Ltd , China’s biggest e-commerce company, said on Thursday its third-quarter revenue jumped 56 …read more Source: Reuters Tech News

Facebook soothes market nerves with user experience promise

(Reuters) – Shares in Facebook Inc jumped 2.4 percent to a record high in premarket trade on Thursday, an …read more Source: Reuters Tech News

Bitcoin skids to two-month low after Facebook ad ban unnerves investors

LONDON (Reuters) – Bitcoin, the world’s largest cryptocurrency, skidded almost 10 percent on Thursday to its lowest since late November, …read more Source: Reuters Tech News

eBay shares head for record high on results, PayPal split

(Reuters) – Shares of e-commerce platform eBay Inc surged nearly 11 percent on Thursday after it reported strong results and …read more Source: Reuters Tech News

Win, Lose or Draw: First jobs of animation sensations

NEW YORK (Reuters) – Think of the golden age of American animation, and the mind tends to go back to …read more Source: Reuters Tech News

Alibaba revenue beats forecast, takes stake in affiliate Ant Financial

SHANGHAI (Reuters) – Alibaba Group Holding Ltd , China’s biggest e-commerce company, said on Thursday third-quarter revenue rose 56 percent, …read more Source: Reuters Tech News

Bitcoin skids to lowest since November after worst month in three years

LONDON (Reuters) – Bitcoin, the world’s largest cryptocurrency, skidded 9 percent on Thursday to its lowest level since late November, …read more Source: Reuters Tech News

India vows to eliminate use of cryptocurrencies

NEW DELHI (Reuters) – India will move to stamp out use of cryptocurrencies, which it considers illegal, Finance Minister Arun …read more Source: Reuters Tech News

Italy’s Enel not interested in powering cryptocurrency miners

MILAN (Reuters) – Europe’s biggest power utility Enel has taken a stand against the energy-hungry industry of mining cryptocurrencies, saying …read more Source: Reuters Tech News

Tesla’s Musk sells $10 million in flamethrowers in four days

(Reuters) – A handful of tweets and four days later, Silicon Valley billionaire Elon Musk has closed orders for his …read more Source: Reuters Tech News