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Articles tagged with: ecommerce

Alibaba To Launch Mobile Operating System

Alibaba is one of the E-commerce leading companies of China. The company recently announced in Shanghai that it is planning to launch a mobile operating system; which means, the company will be joining the two colossal OS industries i.e. Google and Apple.

Alibaba is also going to roll out its first smartphone next week in Beijing.

Giant 407 Sq Meter LED Screen Is Mounted In Beijing

Thanks to a collaboration between Barco LiveDots and Beijing’s famous Blue Island Tower, the building enjoys an awesome new upgrade. What kind of upgrade, you ask? Why, a 407 square meter display which uses the latest and greatest TF-20 outdoor display technology.

The new screen stands a high 32 meters above the ground and is mounted on the top of the tower. The screen looks simply stunning, and after seeing it, you’re going to wish that all billboards are replaced with LED screens.

California Signs “Amazon Tax”, Amazon Threatens To Cut Ties

California has just signed the Amazon Tax, a tax that will allow it to collect sales tax from online transactions. In the last court battle regarding taxes, Amazon was backed by the US Supreme Court from the 1992 ruling, stating that companies cannot collect sales tax in states where they do not have a physical presence.

States are now looking to expand that definition to include Amazon affiliates who make money off commissions. Amazon had also said it would cut ties with its estimate 10,000 California affiliates if the bill was signed, and Jerry Brown signed it yesterday.

Euro Parliament Votes In Favor Of Ecommerce Buyer Protection

The European Parliament has recently approved new rules for online shopping. European buyers now have the right to change their minds about an online purchase within two weeks of receiving the goods. The new laws also outlaw the use of pre-ticked boxes on retail websites.

The new laws were swept with approval by a 615 in favor and a 16 against. The previous rules governing ecommerce in Europe, poorly protected its citizens and resulted in 7% of Internet users engaging in online purchases.

eBay Acquires E-commerce Startup, Magento

eBay announced on Monday that it has agreed to overtake Magento (an open source ecommerce platform), an LA-based company with nearly 300 employees. eBay before only had a minority stake in the company, but has since then decided to go big or go home. Neither company stated how much the deal will go for, but it is expected to close in the third quarter of this year upon approval.

Magento offers tens of thousands of merchants control over the user experience, catalog, content, and functionality of their online store. The company’s “Go” platform offers a software-as-a-service (SaaS), offering both small and growing merchants the online tools they need, from payments to inventory management.

Wal Mart Acquires Kosmix For Social Initiatives

In a time of buyouts, Wal-Mart is buying Kosmix, a social media company that is based in the heart of silicon valley, Mountain View, California. Although Wal-Mart did not mention specifics of the agreement, they did say that the acquisition will be instrumental in rolling out new social and mobile initiatives.

Wal-Mart continued in saying that the @WalmartLabs team will work hard on building its social and mobile commerce strategy in efforts to keep its online and in-store avenues in tact. I believe this is a necessary move for Wal-Mart, a corporation that now has physical stores in 15 countries and e-commerce businesses in nine countries.

American Express Hops On NFC Bandwagon With “Serve”

With all the recent talk about Citigroup and Mastercard joining the Near-Field Communications revolution, American Express has come to join the service. Amex has launched an official financial transactions service called Serve.

The technology is currently only available in the United States but is expected to be “served” abroad in the coming year. According to Yahoo, Dan Schulman, VP of American Express Enterprise Growth said…

Google Will Roll Out NFC For Android Phones

According to the WallStreet Journal, Google is teaming up with MasterCard and Citigroup to bring Near-Field Communications technology to Android mobile devices. This would allow consumers to pay for things by swiping their phone against a small reader at a checkout stand. The goal in using NFC technology is to speed up transaction times and make it easier for consumers to pay for things without whipping out their wallet or their purse to look for their credit cards. Google will not be getting any…