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  The Giant Mafia

There is an old Chinese saying "Things of a kind come together. People of a mind fall into the same group.". In the wave of Web 2.0, there are many emerging IT giants coming out the world. And many of them are founded by a group of people who previously worked together at the same company such as PayPal and Facebook. This is called giant mafia. Let's see what people from the big IT giant have done after leaving the original company. The PayPal mafia Peter Thiel, co-founder and CEO of PayPal bef...

   Facebook mafia,PayPal mafia,Twitter mafia     2015-04-04 10:32:00

  Baidu may withdraw from NASDAQ

Baidu, the search engine giant in China, may withdraw from NASDAQ some day and then get re-listed on A-shares market in China. This message is conveyed by Robin Li, CEO of Baidu, on a Wednesday(Beijing time) interview. Baidu is now investing heavily on O2O(Online to Offline) service as it is an emerging market where all Internet giants in China are diving in. In addition to its own O2O products, which include delivery service Waimai and deals site Nuomi, it has invested in a number of othe...

   NASDAQ,ROBIN LI,O2O,BAIDU     2015-09-17 04:03:55

  Alibaba IPO Live

Alibaba is going to launch its IPO at NYSE on 19th September. This will be the largest IPO in the history of US stock exchange. The opening price of Alibaba share will be $68 and its trade code is "BABA", in Chinese it means father. Alibaba is expected to get around $22 billion investment in its IPO. Want to witness this historic moment? Please join us for the live video from NYSE. Note this live stream is broadcasted with Chinese. We don't find the English source yet. We believe something is ...

   Alibaba,IPO,NYSE,Live     2014-09-19 06:51:25

  Silicon Valley engineers have something to say about work from home

Quitting from Google and joined Yahoo which was thought as a declining giant, Marissa Mayer has been trying to prove that she has the ability to lead this Internet giant to reverse the decline. In order to boost the low morale of the employees, Meyer tried to transplant Google's work culture to Yahoo with office decoration, free lunch and issuance of smart phones, these generous measures let her win the applause of the Silicon Valley.But a recent ban issued by Meyer has attracted a lot of contro...

   Work from home,Yahoo, Marissa Mayer     2013-03-07 02:39:23

  WeChat owns 70 million users now out of China

According to 36 Kr, on this year's Tencent Partner Conference, Tencent president Zhiping Liu announced that WeChat had more than 70 million users out of China, it entered Malaysia, Thailand, India, Indonesia, the Middle East, Mexico and other countries. And it has become the No.1 IM app in Mexico .While in early April, WeChat had only 40 million users abroad. In just three months, 30 million news users started to use WeChat.Tencent spares no effort to promote WeChat to the international market. ...

   WeChat,Internationalization,China,Tencent     2013-07-03 03:09:34

  Time Warner invests on Maker Studios

According to ATD, the start-up Maker Studios which specializes in the creation and distribution of YouTube video clips, will get a $40 million investment from investors where media giant Time Warmer is the lead investor.Maker Studios is an video clip creation and distribution of start-up headquartered in Los Angeles. According to its website, this media company's mission is to act as a bridge between YouTube and TV institutions. The program subscribers on YouTube over 80 million, over one billi...

   Maker Studios, video subscription,YouTube     2012-11-21 12:20:19

  What can we do about Facebook?

Around 4 years ago, we have posted an article Is Facebook becoming Tencent like? to analyze the strategy Facebook adopted to build its technology empire at that time. Today, we would continue this discussion since the story seems not end there. Facebook is still on the way of copying others. The latest victim being copied is Snapchat where lots of its new features have been copied by Instagram -- an app owned by Facebook. This has helped Instagram acquired lots of active users, especi...

   FACEBOOK,OPINION,SNAPCHAT,NEWS     2017-08-11 10:39:37

  Marissa Mayer brings in first Googler for Yahoo

Since Yahoo's new CEO Marissa Mayer took office, many people have speculated that she might bring Yahoo more Googlers. According to AllThings D, a Googler, one of Marissa Mayer's longtime PR staffers, Anne Espiritu, formally joined Yahoo.. Espiritu worked closely with Mayer at the search giant. Google has also confirmed the news.In Google, Anne Espiritu was responsible for media and public relations of Mayer. She worked with Mayer in many consumer products. In Yahoo, she will become one of Yahoo...

   Googler,Yahoo,Marissa Mayer, Anne Espiritu     2012-08-03 14:39:43

  Jack Ma speaks within the company's intranet post PDD earnings report

On November 28th, PinDuoDuo(PDD) released its financial report for the third quarter of 2023, ending on September 30th. The revenue for the third quarter was 688.4 billion RMB, showing a year-on-year growth of 93.9%. The net profit, according to the U.S. General Accounting Standards, reached 15.54 billion RMB, with a net profit margin of 22.6%. PDD attributed its overall positive performance to the accelerated recovery of the consumer market and the vigorous implementation of its "high-qual...

   PDD,JACK MA,ALIBABA     2023-11-29 06:02:09

  Facebook's new milestone : 1 billion active users per month

Social network giant Facebook's monthly active users reach a new milestone -- 1 billion, this means 1 out serven people on earth is using it. Facebook CEO Mark Zuckerberg announced this news in an open letter. He wrote : This morning, there are more than one billion people using Facebook actively each month.If you're reading this: thank you for giving me and my little team the honor of serving you.Helping a billion people connect is amazing, humbling and by far the thing I am most proud of in m...

   Facebook, Active user,Milestone     2012-10-05 05:02:32