Tag Archives: China

Estimated profit for Alibaba Beat. Why his forehead falls.

Text size Alain Jocard / AFP via Getty Images Shares of Alibaba Group Holding traded modestly lower on Thursday despite posting results in June that were slightly better than Wall Street expectations. For the four-year period, the China-based e-commerce giant posted revenue of $ 21.8 billion, up 34% from a …

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How Trump’s favorite tech company could win TikTok

Oracle is a rare creature: a tech giant that managed to stay completely in the good grace of President Trump. Well, that position could help get TikTok over Microsoft. Between the lines: Typically, a company’s relationship with the president would have little bearing on who appears in competing M&A bids. …

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