Alibaba Group Is All Set to Invest $15B in Global Research and Development

Alibaba Group is one of the most successful sales service providers across the nation. Finally, it has confirmed its future plan. They will be investing more than $15 billion over the next three years in the field of global research and development, which they have named as Alibaba DAMO Academy (Discovery, Adventure, Momentum and Outlook). The tech …

HPE Beats the Market Expectations in Its Q3 Results

When HPE (Hewlett Packard Enterprise Co) published its Q3 financial results on Tuesday, it beat the market expectations.  Wall Street was expecting non-GAAP earnings of 26 cents, while the company reported 30 cents a share. It reported revenue of $8.2 billion as against the expectations of $7.49 billion. Meg Whitman, the CEO of the company said, “The results …

Campbell in Trouble As Their Outlook Also Plunges after Blows from Warren Buffett

The soup maker Campbell Soup Co.’s shares fell down after the company shared their fairly disappointing earnings. The packaged food company also delivered a forecast that was weaker than what most analysts expected. This clearly provided more evidence that the slump that is being felt all across the industry is here to stay. This outlook …

E-Commerce Business and Its Effects

The full form of e-commerce is electronic commerce, wherein businesses are run using Internet. Electronic commerce brings in technologies such as mobile payment often termed as mobile commerce, online transaction processing , transfer of funds from one bank account to another called  electronic funds transfer, supply chain management, digital marketing,  inventory management systems, and automated data collection systems. Modern electronic commerce typically uses …