All items tagged with "Alibaba"

Snapchat seeks funding with whopping $10 billion valuation

install-snapchat-nexus-7-any-other-android-tablet.1280x600

Snapchat is currently in talks with investors over a round of funding that could value the company at a mind-blowing $10 billion, according to sources for Bloomberg. That’s a little over half the $19 billion Facebook paid for WhatsApp, but double the $5 billion market cap currently held by BlackBerry.

Read the rest of this post at Cult of Android »

Russian Billionaire Spends $100 Million On Apple Stock Anticipating Rebound

Alisher-Usmanov

Russian billionaire Alisher Usmanov has revealed that he recently spent $100 million on Apple shares in anticipation that they will rebound. The 59-year-old believes that Apple is a “very promising” investment, despite the current share price being almost 40% off its peak last September.

Read the rest of this post »

Chinese Retailers Are Already Selling The iPhone 5, But It’ll Cost You $8,600

Chinese Retailers Are Already Selling The iPhone 5, But It’ll Cost You $8,600

I wouldn’t pay $8,600 for an iPhone if it was delivered by Tim Cook himself.

We’re still a few months away from Apple’s new iPhone unveiling, but that hasn’t stopped a number of Chinese retailers from selling the device in advance. They’re using the mockup pictures that have been circulating for weeks to make a quick buck from the hotly-anticipated handset, with some asking for as much as $8,600 a piece.

Read the rest of this post »

Another iPhone 5 Case Emerges, Reinforcing Rumors of a Thinner, Larger, Tapered Device

Another iPhone 5 Case Emerges, Reinforcing Rumors of a Thinner, Larger, Tapered Device

Following that questionable leak from Case-Mate last week, another iPhone 5 case has emerged that reinforces rumors of a device with a significantly larger display than that of the iPhone 4, coupled with a thinner, tapered design.

Read the rest of this post »