More than 127 million shares were traded within the first 15 minutes of Alibaba's market debut, launching a whirlwind day for the Chinese firm.» Read More
The writing was on the wall the moment Yahoo hired Hillary Schneider. The media executive from the former Knight Ridder was brought on to run Yahoo's new Marketplace initiative. But she wasn't to report to CEO Terry Semel, or even COO Dan Rosensweig. Nope, she would report to CFO Sue Decker.
In an exclusive live interview on cnbc.com’s home page, the branding guru tells CNBC's Liz Claman what firms must remember to keep customer loyalty in 2007.
With the U.S. housing market slowing--consumers are starting to balk at some closing costs. They sometimes pay thousands of dollars in vague fees. In a CNBC exclusive on “Squawk Box”, Jane Wells discovered Lowerfees.com. The site launches today and hopes to create an open competitive place for real estate transaction fees.
With Microsoft’s Xbox and Sony’s PlayStation 3 crowding the videogame market, Nintendo’s Wii has plenty of competition. But the newcomer to the gaming console sector is doing just fine, IGN's Chris Carle told “Squawk Box.”
Will DVDs go the way of vaudeville? Wal-Mart may be helping to speed up the digital revolution – and to drive hard-copy entertainment to extinction.
It killed eToys. It’s the great equalizer between brick and click retail. It’s shipping – and when the U.S. Postal Service didn’t satisfy demand, the United Parcel Service and Fedex saw their opportunity.
Why pay to see Web video when you can get paid to submit it? That’s the sales pitch from Break.com, which is battling better-known rival YouTube for dominance of the user-generated vid arena.
Cyber Monday – the official start of the online shopping season – kicked off today. Analysts predict almost $460 billion in holiday sales are up for grabs this year, and retailers are boosting their search engine marketing budgets to draw in shoppers.