Tag Archives: tech special report

How Starbucks Could Take On Apple In Mobile Payments

Starbucks customers are a loyal bunch — loyal enough to protest the departure of their beloved eggnog latte, prompting the coffee chain to revive the seasonal favorite, and loyal enough to make the company the No. 1 most-expensed restaurant for business travelers. But would they be loyal enough to someday use a Starbucks (SBUX)-brand mobile payment system outside its coffeehouses instead of Apple (AAPL) Pay? Apple may have been able

Starbucks Could Take On Apple In Mobile Payments

Starbucks customers are a loyal bunch — loyal enough to protest the departure of their beloved eggnog latte, prompting the coffee chain to revive the seasonal favorite, and loyal enough to make the company the No. 1 most-expensed restaurant for business travelers. But would they be loyal enough to someday use a Starbucks (SBUX)-brand mobile payment system outside its coffeehouses instead of Apple (AAPL) Pay? Apple may have been able

Weibo, China’s ‘Twitter,’Sees Q3 Users, Ads Jump

China microblogging service Weibo was swept higher late Thursday after the company reported Q3 sales, and gave Q4 revenue guidance, that beat Wall Street expectations. Weibo (WB) posted Q3 revenue of $84.1 million, up 58% from the year-earlier period. Analysts polled by Thomson Reuters had expected $81.5 million. China Web portal Sina (SINA), which owns most of Weibo, posted Q3 EPS and sales that edged analyst views, but its Q4