Author Archives: Scalper1

Why Alibaba Acquired A Hong Kong Newspaper Business

In a move to expand its reach into digital content, Alibaba (BABA) announced it will acquire the South China Morning Post and other media assets of SCMP Group. The acquisition gives Alibaba control of the most prominent English-language publication in Hong Kong, with its coverage focused on China. It’s part of Alibaba’s diversification beyond e-commerce into online content for Chinese consumers Alibaba acquired the newspaper and other assets from

Facebook, Google Ready To Grab More Ad Spending In Q4

Alphabet (GOOGL)-owned Google is poised to accelerate its ad spending in Q4, with mobile product listing ads underpinning that growth, Mizuho analyst Neil Doshi said Friday in a research report. Budgets for Google search ads could accelerate to 20% to 25% year-over-year growth in Q4, up from the mid- to high-teen year-over-year growth in Q4 2015, Doshi wrote following presentations at the Search Insider Summit 2015 conference in Utah this week.

Apple iPhone 7 Win Leapfrogs Taiwan Semiconductor

Taiwan Semiconductor Manufacturing (TSM) will leapfrog foundry rival Samsung in 2016 on Apple’s (AAPL) A10 processor and the smartphone titan’s iPhone 7 ramp, expected next September, Credit Suisse and Pacific Crest analysts said separately on Friday. Meanwhile, weak iPhone 6S series demand continues to plague Apple chip suppliers InvenSense (INVN), Qorvo (QRVO), Skyworks Solutions (SWKS), Synaptics (SYNA) and Cirrus Logic (CRUS), Pacific Crest