NEW YORK (Reuters) – Alibaba Group’s surprise revenue miss sent shares plunging on Thursday, but some investors say their enthusiasm for the Chinese e-commerce giant has not cooled given its long-term potential.
The logo of car-sharing service app Uber on a smartphone over a reserved lane for taxis in a street is seen in this photo illustration taken in Madrid on December 10, 2014.
A zoomed image of a computer screen showing the Amazon logo is seen in Vienna November 26, 2012. To match Special Report TAX-AMAZON/
BRASILIA (Reuters) – Brazil’s government has no preferred model for consolidation of the country’s telecom market, a source told Reuters on Thursday, leaving behind the days when Brazilian telecom company Oi SA was held up as a “national champion”.
The logo of the Alibaba Group is seen inside the company’s headquarters in Hangzhou, Zhejiang province November 11, 2014.
WASHINGTON (Reuters) – The U.S. Federal Communications Commission raised a record $44.9 billion in the auction of so-called AWS-3 airwaves that closed on Thursday, marking the highest point yet in the wireless industry’s appetite for more spectrum.