Tag: Etailing

Opinion: Big Tech is headed for its biggest year yet, and it isn’t even close

If government regulators around the world thought Big Tech was too big last year, 2021 has not changed their mind. Alphabet Inc. GOOGL, -0.23% GOOG, +0.12%, Amazon.com Inc. AMZN, -0.84%, Apple Inc. AAPL, +0.46%, Facebook Inc. FB, -4.01% and Microsoft Corp. MSFT, +0.10% experienced an unprecedented first half of the year financially, with $650 billion […]

Read More

PayPal stock slips as earnings beat expectations but outlook comes up short

PayPal Holdings Inc. topped profit expectations for its latest quarter, but it delivered a lower-than-expected outlook for the current quarter as eBay’s transition to managing its own payments experience is happening more quickly than expected. While PayPal PYPL, +0.50% was the main payments partner for eBay EBAY, +0.83% in the initial years following the separation […]

Read More

4 reasons the bitcoin price is challenging the $40,000 barrier

A rally by bitcoin on Monday wasn’t all about a help-wanted ad from Amazon.com Inc., crypto analysts said. The ad, seeking a “digital currency and blockchain product lead” got credit for getting the ball rolling as it stoked expectations the e-commerce and cloud computing giant could soon begin accepting bitcoin for payment. That theme was […]

Read More

China cracks down on after-school tutoring sector, sending shares sinking

HONG KONG—China confirmed it would take drastic steps to restrain the country’s booming after-school tutoring industry, prompting further selloffs in stocks such as New Oriental Education & Technology Group Inc.  EDU, -54.22%  on Monday. The restrictions, published over the weekend by state media,are the most recent regulatory assault on a fast-growing part of the Chinese economy. They […]

Read More