Wed, 29/10/14 – 12:23 | No Comment

Reddit isn’t just a social sharing and commentary site anymore. Now, with the release of Redditmade, it’s a crowd-sourced funding site as well. Interestingly, Redditmade works as a sort of mashup of Reddit and traditional …

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Snapchat unveils partnership with Square
Friday, 21 Nov, 2014 – 7:14 | No Comment

Mobile messaging firm Snapchat unveiled a new service that allows users to send money to each other.
Snapcash is the result of collaboration with Square, an online payment firm that also offers a stand-alone friend-to-friend payment …

TRUSTe settles FTC charges of deceit for Privacy Seal program
Monday, 17 Nov, 2014 – 22:43 | No Comment

TRUSTe, Inc., one of the largest providers of privacy certifications for online businesses, has agreed to settle a Federal Trade Commission suit alleging that they deceived consumers about their recertification program for privacy practices on …

Alibaba Singles’ Day sales hit $9.3b
Friday, 14 Nov, 2014 – 8:58 | No Comment

E-commerce giant Alibaba saw total sales on Singles’ Day hit a new record of $9.3 billion.

Home decor emerged as a popular product category, with the company selling more than 1.2 million big home appliances and more than three million light products.

Samsung to build second smartphone factory in Vietnam
Friday, 14 Nov, 2014 – 8:01 | No Comment

Samsung Electronics plans to spend up to US$3 billion to build its second smartphone factory in Vietnam, revealed a government official.

The South Korean company wants to build the factory in the Thai Nguyen province, which is also home to its US$2 billion smartphone plant.

35 per cent of Brits keen on drone delivery
Friday, 7 Nov, 2014 – 8:13 | No Comment

A significant proportion of UK adults believe that drone delivery could work for them, according to study by British freight company MetaPack.

UK Treasury seeks experts for Bitcoin debate
Friday, 7 Nov, 2014 – 8:03 | No Comment

In order to properly regulate cryptocurrencies, the UK Treasury plans to consult the general public, financial watchdogs, law enforcement agencies, members of the Bitcoin community, and financial technology companies.

Rite Aid and CVS block Apple Pay
Friday, 31 Oct, 2014 – 7:13 | No Comment

Rite Aid and CVS have joined some of the world’s biggest retailers in shunning the new Apple Pay system.

Earlier this month, Apple Pay was introduced to more than 220,000 stores, but retailers such as Best Buy, Target, 7-Eleven and Walmart were not among Apple’s long list of partners.

Allegedly AT&T misled clients with unlimited data
Friday, 31 Oct, 2014 – 7:07 | No Comment

The US Federal Trade Commission (FTC) has recently lodged a federal lawsuit against AT&T for misleading customers regarding the telco’s Unlimited Data Plans, according to The New York Times.

China to trump US in e-commerce scene
Friday, 29 Aug, 2014 – 6:07 | No Comment

China’s online commerce market will likely surpass that of the United States in the next six years, according to

Online presence vital to luxury brands in China
Friday, 22 Aug, 2014 – 8:27 | No Comment

In order to effectively fight counterfeit products in China, global luxury brands should have an online presence there, according to Angie Au-Yeung, Senior e-commerce Manager of Swiss luxury goods company Richemont.

London museum to display world’s first smartphone
Friday, 22 Aug, 2014 – 8:25 | No Comment

IBM Simon, the first smartphone in the world, will be showcased in London’s Science Museum starting in October to commemorate the 20th anniversary of the device.

Startup wins big with app testing platform
Friday, 15 Aug, 2014 – 7:13 | No Comment

VM5 clinched the top prize at TechCrunch’s Beijing Startup competition for creating a platform that allows users to test an application without the need to install or even download it.