Despite challenges, a big surge in profits and revenue has put the Chinese e-commerce giant on track for a $15 billion stock sale, just shy of what Facebook sold when the social-networking firm went public in 2012.
Twitter agreed to acquire data partner Gnip, in a sign that the messaging service wants a bigger role in analyzing tweets for businesses hungry for insights from social media. It also hired a new product chief.
Just how big is Alibaba? Helped by the sheer size of its domestic market – China has over 600 million Internet users – Alibaba's business has expanded rapidly over the past decade and its sites already handle more transactions than those for Amazon and eBay combined.
Many companies entering new markets don't show profit, but their revenue growth looks impressive on a percentage basis. Not so with Intel's business of selling chips for smartphones and tablets, whose results the company broke out for the first time Tuesday.