Technology news for Kiwi CFOs and financial decision-makers
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Amazon surges ahead of e-commerce competitors in market capitalisation
The retail giant has a 125% lead over its closest rival Alibaba, which saw 10.9% growth in Q2. Quarter-on-quarter market capitalisation growth was also seen across all top 25 publicly traded global retailers, according to new research from GlobalData.
eBay sells out: Viagogo buys ticketing platform StubHub for billions
eBay has ridded itself of its massive ticketing marketplace StubHub – and sold it to controversial ticketing platform viagogo.
eBay king of online shopping ahead of Gumtree, Amazon, Kogan
eBay is the favourite online shopping with over 9.4m Aussies visiting in an average four weeks, ahead of local second-hand site Gumtree with 5.6m.
Amazon and eBay pushing department stores to extinction
The new generation of tech-savvy shoppers prefer to shop with online platforms like Amazon and eBay that provide lower prices.
VMware appoints new SVP & CCO - Claire Dixon from eBay
“A substantial opportunity lies ahead for VMware as we build on our strengths in the software-defined data center, mobile and cloud."
Massive cyber attack sends eBay into disarray
eBay is asking users to change their passwords because of a cyberattack that compromised a database containing encrypted passwords and other non-financial data.
Desperate gamer buys PS4 for US$10k
One gamer is desperate to get their hands on the soon to be released Playstation 4, paying US$9,999 for the next-gen console on eBay.
Google Glass auction hits US$95K…then reality hits
Google Glass winner racks up mega Ebay bid, before Google intervenes - threatening to deactivate the device.
PayPal cuts over 500 jobs
Electronics payment company enforces layoffs as part of an effort to streamline the business.
Web hacker faces US extradition
'Cyber bandit' arrested amid allegations of security breach.
Tech giants slam piracy bill
Rivals Google, Facebook and eBay join forces to oppose Stop Online Piracy Act.