China’s e-commerce giant, Alibaba Group Holding, said on Friday it would invest an additional $3.33 billion to raise its equity stake in its logistics affiliate Cainiao Smart Logistics Network to 63% from 51%.
As both its search for a new CEO and its review of strategic alternatives get underway, the NYC-based consumer brands management company announced declining sales and deepening losses for the third quarter on Friday.
Introduced a few seasons ago, PSWL is becoming Proenza Schouler White Label and turning over a new leaf for Pre-Spring 2020 with a less casual, more elaborate approach resulting in a more refined offering.
Sears on Thursday said it had won a $250 million lifeline from lenders that include billionaire owner Eddie Lampert, and will close additional stores, as mounting losses strain the U.S. chain's finances.
Facebook on Thursday launched a catalog feature for its WhatsApp messaging app, building out the service's e-commerce tools as it moves slowly toward monetizing the app it bought in 2014 for $19 billion.
Alphabet unit Google's proposal to create a level playing field for price comparison shopping rivals to stave off fresh fines has not led to more traffic for its competitors, Europe's antitrust chief said on Thursday.
Carl von Clausewitz was famed for his adage that war is the continuation of politics by other means. This week at Paris Photo and in multiple photo exhibitions, photography is the continuation of politics by other means.
California revealed for the first time an 18-month investigation into Facebook's privacy practices and accused the social media giant on Wednesday of hampering the probe by failing to turn over emails.