Ming Zeng, the chief strategy officer at Alibaba, talks about how the China-based e-commerce company was able to create the biggest online shopping site in the world. He credits Alibaba’s retail and distribution juggernaut to leveraging automation, algorithms, and networks to better serve customers.
While traditional banking institutions are beginning to embrace the potential of collaboration with fintech firms, big tech organizations like Google, Amazon, Facebook and Apple in the U.S. as well as Alibaba, Baidu and Tencent in China may disrupt the entire banking ecosystem more than
A fast-growing digital currency that claims to be backed by U.S. dollars has become a cornerstone of the volatile cryptocurrency market. The problem: There isn’t hard evidence the cash supporting it exists.
Donald Trump has threatened to “shut down” the government unless Congress passes legislation that would fund his proposed wall across the US border with Mexico. In an early morning tweet, he demanded a raft of changes to the country’s immigration laws, adding he wanted
Amazon.com Inc. is taking its most assertive step yet into the digital-advertising market by testing a new display ad offering that threatens multibillion-dollar revenue streams at Google and firms like Criteo SA.
If you own any Bitcoin, you’re probably in the habit of watching its price fluctuate wildly. What you aren’t doing is using your Bitcoin to buy things. It’s too valuable, not to mention unpredictable. Enter Basis, a year-old, 10-person, Hoboken, N.J.-based cryptocurrency startup a…