Lot of news recently about Alibaba, since it’s going public in the United States. A common refrain is: what is it? There are many ways to answer that — do your own Google search — but this one might be the… Continue Reading
Today is ‘Singles Day’ in China; for better or worse, that’s their equivalent of Cyber Monday. ‘Singles Day’ is November 11 each year — 11.11 — because the ‘ones’ (1s) in 11.11 represent bare branches, or Chinese slang for bachelors. Around… Continue Reading
Second verse, same as the first (lil’ bit louder and a whole lot worse): for the latest quarter, Amazon’s revenues are up, but their profits are non-existent.They’re “the teacher’s pet” of Wall Street: stratospheric valuation (the stock has increased 32… Continue Reading