Alibaba handles more e-commerce than Amazon and eBay combined

Alibaba’s quarterly revenue fell short of analysts’ expectations, showing signs of a slowdown in the Chinese e-commerce company’s scorching growth.Ali(...)

eBay said in September it would spin off PayPal this year. Photograph: Albert Gea/Reuters

Online retailer eBay said it plans to cut about 2,400 positions, or 7 per cent of its workforce across eBay marketplaces, PayPal, and eBay enterprise(...)

Marissa Mayer, president and CEO of Yahoo: would be a welcome guest when Enda Kenny hosts a dinner with the IDA in Davos. Photograph: EPA

Quantitative easing will dominate the news emanating from the World Economic Forum in Davos today; German chancellor Angela Merkel is due to take the (...)

Last week Jamie Dimon told Fox Business: “JPMorgan is the best thing I can do for country and humanity”,  which is even richer than Lloyd Blankfein saying Goldman Sachs did “God’s work” as the latter remark was arguably ironic. Photograph: Reuters

Last week I had lunch with a man who used to be one of the most senior bankers in the UK. The trouble with business today, he complained over coffee, (...)

Marc Andreesen, founder of Netscape and subsequently co-founder and general partner of $4bn venture capital group Andreessen Horowitz. His investments include Facebook, Skype, Airbnb and Twitter. Photographer: David Maung/Bloomberg

Keen to avoid the San Francisco traffic, I arrive half an hour early at Tamarine, a sophisticated modern Vietnamese restaurant in Palo Alto. At 12.27p(...)

A woman reads the last issue of French satirical weekly Charlie on Wednesday. Photograph:  AFP/Getty/Bertrand Guaybertrand

Charlie Hebdo has increased the print run of its latest issue to five million in order to meet demand after the first 700,000 copies sold out in newsa(...)

Photograph: Thinkstock

So the tree is heading for recycling and what’s left of the turkey has been confined to the bin. Most people will have been paid two week ago and w(...)

Microsoft chief executive Satya Nadella: the company has argued that access to the certain data requires a petition to an Irish District Court. Photograph: Stephen Brashear/Getty

Microsoft’s rivals and other US technology companies have supported the software giant in a legal bid to stop the US government obtaining customer in(...)

Amazon.com workers load boxes with orders at the company’s centre in Tracy, California. Photograph: David Paul Morris/Bloomberg

A Derry company at the heart of a Christmas calamity on Amazon which saw some prices accidentally reduced to just 1 pence and $0.01 has publicly apolo(...)

Paypal’s lending programme could prove critical as the company spins off next year from parent eBay, to compete in an increasingly crowded payments-processing industry.  (Photograph: Alan Betson / THE IRISH TIMES)

PayPal is pushing to expand into the alternative lending market popularised by faster growing start-ups such as Lending Club, after already advancing(...)