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Alibaba doubles Q4 net profit

Wednesday 16 Apr 2014 | 09:32 CET | News
Chinese e-commerce group Alibaba doubled its net profit in the fourth quarter of 2013, to USD 1.349 billion from USD 642 million a year earlier. The result was reported by its shareholder Yahoo!, which has a 24 percent stake in the Chinese company. Alibaba's revenues rose 66 percent year-on-year to USD 3.058 billion, and operating profit doubled, to USD 1.642 billion. The strong figures are ...

Alibaba doubles Q4 net profit

Wednesday 16 Apr 2014 | 09:32 CET | News Chinese e-commerce group Alibaba doubled its net profit in the fourth quarter of 2013, to USD 1.349 billion from USD 642 million a year earlier. The result was reported by its shareholder Yahoo!, which has a 24 percent stake in the Chinese company. Alibaba's revenues rose 66 percent year-on-year to USD 3.058 billion, and operating profit doubled, to USD 1.642 billion. The strong figures are ...

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Intel sees PC market stabilise, tablet growth continues

16 Apr 2014 08:44 CET | World
Intel reported first-quarter revenue of USD 12.8 billion, up slightly from USD 12.6 billion a year earlier but 8 percent lower ...

US operators agree to mobile phone 'kill switch'

15 Apr 2014 22:52 CET | United States
US mobile industry group CTIA and participating operators have announced the 'Smartphone Anti-Theft Voluntary Commitment', an ...

TIM Brasil board backs 4G auction, towers spin-off

15 Apr 2014 18:00 CET | Brazil
The board of directors of TIM Brasil has recommended the operator participate in the auction of 700 MHz spectrum for 4G services. ...

GOtv Kenya unveils GOcard conditional access module

16 Apr 2014 12:17 CET | Kenya
GOtv Kenya and partner Neotion have announced the launch of a Conditional Access Module (CAM) called GoCard, which slots into a ...

Netflix publishes Nordic ISP speed rankings for March

16 Apr 2014 12:11 CET | Denmark
Netflix has released its Nordic ISP rankings for March. In Norway, Altibox retained its leading position with an average speed of ...
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