When you travel the world, having a few drinks with your hosts is a great way to get a sense of the local culture. But excessive alcohol consumption can cause physiological consequences . Don't worry—a hangover is universal, and your new friends probably already know a way to cope with it.Read more...
The executives at Craftsy want to make one thing clear: Arts and crafts aren’t just for children anymore.That’s not to say that the company, based in Denver, doesn’t want young people on the service. Five million people have already registered for the site.But Craftsy wants to get much, much bigger.
Alibaba went public on Friday . Its CEO Jack Ma initially wanted to take the company public in 2002, but he knew the Internet would burst. In 1999, he sat down with his team in his apartment and spoke about what the company would need to do in the next five to ten years to become a massive business.
It looks as if Apple Pay will soon face some competition in the mobile payments space from its biggest competitor, Android. According to a new report from China Business News, a new mobile payments service called Android Pay is coming, and it will most likely launch in the third quarter of 2015.
E-commerce may not be the sexiest consumer technology. But for some start-ups, it is certainly where the money is.That is the case for Stripe, at least, an e-commerce start-up based in San Francisco, which announced on Tuesday that it had raised a new $70 million round in venture capital. The round, which includes Sequoia Capital and Thrive Capital, values Stripe at $3.
It takes money to make money, or so the saying goes. And Square, the e-commerce start-up, wants to make a lot more money.The company recently closed a venture financing round of $150 million, according to a person briefed on the investment, who spoke on condition of anonymity because he was not authorized to speak publicly.
After a long wait, Apple’s Chinese customers can pay for goods in its App Store with the country’s most popular credit and debit card service, paving the way for new growth in virtual spending on the media, games and apps Apple offers online.The United States technology giant said in a Monday statement that Chinese users could now use China UnionPay cards to buy items in the App Store.
Alibaba pulled in a record-breaking $9.3 billion in sales on Singles' Day, the biggest online shopping day in the world, the company said Tuesday.The sales number blows past Alibaba's previous record of nearly $5.8 billion during the 24-hour period on Nov. 11 last year.The company said it has already shipped more than 250 million orders, up from the 150 million packages it shipped last year.
HONG KONG — For China’s Internet czar, a trip to the United States over the past week was a contrast of coasts.In Washington, Lu Wei, the de facto head of Internet policy in China, faced frigid criticism from American officials over Chinese cyberattacks and skepticism about his vision for an Internet governance system in which China should be allowed to censor content and track users.
When Jollalaunchedan Indiegogo campaign to fund the development of its tablet, the company was only aiming to make $380,000. Somewhere along the way -- say the moment it reached $1 million in pledges -- the people behind Jolla probably realized that the public are into the idea. So, they've now added some nice stretch goal promises, the most ambitious of which being the addition of 3.
A survey conducted by German market research firm GfK seems to indicate that the ability to use a smartwatch like the Apple Watch for electronic payment receives a more enthusiastic response in the US and China than in European countries .
The survey tapped 1,000 smartphone owners each in the US, UK, Germany, South Korea, and China.
Half of all North American households will have 4K-capable televisions by 2024, just ten years from now.The country will receive 78% of 4K Ultra HD TV shipments this year, according to NPD.BI Intelligence chart Moreover, unlike the smart TV market, in which American, Japanese, and Korean companies are dominant, China-based manufacturers account for a major share of the global 4K TV market. As you can see in the BI Intelligence chart above Sony has the greatest market share, followed by Samsung, and then a number of different Chinese manufacturers make up over a third of 4K TV shipments.But right now, North America isn't the dominant market for 4K TV.
HONG KONG–For years, the advocates for the Chinese Internet have been the country’s high-flying entrepreneurs. People like the Alibaba founder Jack Ma boasted about the large scale of the Chinese market and took on foreign Internet giants seeking to reach consumers.
Continuing its courtship of the Chinese market, Apple has just announced that its App Store has just added UnionPay as a payment option in the region. Being the only domestic bank card network in China , UnionPay's presence will make it much easier for iPhone, iPad, and Mac users to get their app fix, no matter their actual credit card.