internet

NetEase Reported Second-Quarter Earnings, Beating Expectations

NetEase Reported Second-Quarter Earnings, Beating Expectations

This week, NetEase, Inc. (NASDAQ: NTES), a leading internet and online game services providers in China, announced its financial results for the second quarter, with both earnings and revenue beating estimates. Shares of the company decreased around..

Netflix’s First Acquisition

Netflix’s First Acquisition

On Monday, Netflix, Inc. (NASDAQ: NFLX) announced that they have acquired comic book publisher, Millarworld. This deal gives Netflix access to various characters and stories in the popular superhero topic and is the very first acquisition ever since..

Amazon’s New Refund Policy Will Hurt Sellers

Amazon’s New Refund Policy Will Hurt Sellers

Amazon.com, Inc.(NASDAQ: AMZN) sellers are not happy after the company released an email that they would have to follow the same rules as Amazon’s return policy.Amazon’s email read: “Amazon is simplifying the returns process on ite..

China’s Baidu Shares Soar as Profit Jumps

China’s Baidu Shares Soar as Profit Jumps

Baidu, Inc.(NASDAQ: BIDU), China’s internet search giant, on Thursday reported second quarter financial results that topped analysts’ estimates, sending its shares up more than 10 percent.Baidu said profit jumped 83 percent to 4.415 bill..

Paypal Announced partnership with Samsung Pay and Visa

Paypal Announced partnership with Samsung Pay and Visa

PayPal Holdings, Inc. (NASDAQ: PYPL), one of the world’s largest Internet payment companies, has announced a big move to expand its digital payment system as they will be partnering with Samsung Electronics. Samsung users will now be able to u..

Amazon Prime Day Breaks Record, Sales Up 60 Percent

Amazon Prime Day Breaks Record, Sales Up 60 Percent

Amazon.com Inc. (NASDAQ: AMZN) held its third annual Prime Day on June 11. On Wednesday morning, the online retailer announced Prime Day sales this year surpassed Black Friday and Cyber Monday altogether, with total revenue growing by more than 60 p..

Symantec to acquire Israeli Cyber security firm Fireglass

Symantec to acquire Israeli Cyber security firm Fireglass

Symantec Corporation (NASDAQ: SYMC), an American cyber security company that produces software for security, storage, backup and availability, and offers different services and solutions to protect its customers from attacks, has said that they will..