Anthony Noto, the ex-Goldman Sachs investment banker, has just been named as Twitter’s new chief financial officer. Here are five key things to know about him, writes Arash Massoudi: Read more
Jack Ma, Alibaba’s founder, admitted on Sunday that he had never once used Taobao, the ebay-like flagship website for the ecommerce company he will be taking public later this year, writes Charles Clover and Ma Fangjing.
The odd sounding admission came in the middle of a rambling commencement speech to graduates of Tsinghua University on Sunday, in which he highlighted his humble origins and lack of professional experience. He needs to keep his emotional distance from his products, he said, so that he can make decisions about them objectively. And that apparently means not knowing how they work. Read more
Alibaba, which filed for its US IPO on Tuesday, is frequently called the Amazon or eBay of China. But while there may be similarities in their business model, the online shopping experience for customers can be quite different indeed.
Here, a look at some of the things one finds on Alibaba’s various shopping platforms, how they differ from each other, and some of the ways in which they are vastly different from their western counterparts. Read more
Alibaba on Tuesday submitted the first filing for its upcoming initial public offering in New York. Unusually for a private company, prospective investors already knew some of its key financial details, since Yahoo, its major shareholder, reports them as part of its quarterly results.
So what did we learn from the new filings? Read more
Chinese ecommerce giant Alibaba made its long-awaited filing for an initial public offering in the US, a deal which could ultimately top Facebook’s debut two years ago with an estimated $120bn valuation.
FT reporters delve into the details with live reaction and analysis. Read more
Fridges that talk, watches that listen and thermostats that learn your secret domestic habits: these are some of the most visible examples of the so-called “internet of things” (or “IoT” for aficionados).
Cisco, the global computing hardware group, is a big supporter of IoT. It announced yesterday that it was increasing its investment in early-stage companies in the sector to $250m over two to three years, up from the $100m it announced in January. It also unveiled three minority investments: in the enterprise start-up accelerator Alchemist Accelerator, as well two IoT software start-ups, Ayla Networks and Evrythng. Read more
What a difference a month makes. When Box filed to go public in late March, hot tech stocks such as Google, Facebook and Tesla were trading at close to their all-time highs.
Now, the cloud storage company’s timing looks a little less fortuitous. A month after the “tech rout” began, the financial markets don’t look quite so welcoming to a fast-growing but heavily loss-making new listing, however ‘sexy’ its enterprise technology might be. Read more