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Alibaba Group Has Now Blown Past Facebook In Size And Growth

Alibaba Group Has Now Blown Past Facebook In Size And Growth | BUS Five-Fitty | Scoop.it
The pace of growth of Alibaba Group, over the last year especially, has been especially breath-taking. As of December, Alibaba is now growing faster than Facebook. In 2 years, it will pass Amazon in size.

Via Zars Media
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Meet China's Pinterest Clone: Alibaba's Fa Xian

Meet China's Pinterest Clone: Alibaba's Fa Xian | BUS Five-Fitty | Scoop.it
By Melanie Lee SHANGHAI (Reuters) - It is a marriage made in heaven for shopping addicts.

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China's Electronic Waste Village - Photo Essays

China's Electronic Waste Village - Photo Essays | BUS Five-Fitty | Scoop.it
Guiyu, China breaks down much of the world's discarded electronics, slowly poisoning itself in the processPhotographs by Chien-min Chung / Reportage by Getty
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Can big tech overcome its love-hate relationship and destroy patent trolls once and for all? | GigaOM Tech News

Can big tech overcome its love-hate relationship and destroy patent trolls once and for all? | GigaOM Tech News | BUS Five-Fitty | Scoop.it

There has been a lot of talk in the tech world lately about defensive patent licenses and eliminating patent trolls, but I wouldn’t break out the celebratory champagne just yet. As much as technology companies seem to love the idea of killing patent trolls where they sleep — in a comfy bed of intellectual property acquired with proactive litigation in mind — they don’t yet seem willing to take a real stand. And some actually seem content to keep feeding the trolls the IP morsels they need as sustenance to stick around.

 

If tech companies were serious about getting rid of patent trolls and spurring innovation, their first steps might be building a unified front and applying their ideals uniformly across their IP efforts. On Friday, for example, Google teamed with BlackBerry, Red Hat and EarthLink to file comments with the Federal Trade Commission about the scourge that is patent-assertion entities — institutions that get the rights to IP from operational entities (i.e., companies that actually sell products versus just sue) and then file lawsuits on their behalf. It’s a meaningful action and it addresses a real problem — Red Hat and Rackspace just emerged victorious after a lawsuit with a patent-assertion entity, in fact — but the backstory is a bit more convoluted.

 

For starters, a skeptic might argue, Google’s interest (and possibly BlackBerry’s, as well) is primarily about sticking it to Microsoft in mobile. After all, it wasn’t so long ago — May 2012 — that Google filed a complaint with the European Union accusing Microsoft and Nokia of engaging with a known patent-assertion entity, called Mosaid, in order to stifle the growth of the Android operating system in Europe. Before ultimately teaming up to acquire Kodak’s patents out of bankruptcy, Google accused Apple and Microsoft of teaming up to buy them and dump them into a patent-assertion entity.

 

Ironically, though, the very same FTC to which Google is now petitioning recently said the search giant has been abusing its own standard essential patents in mobile by pursuing injunctions against competitors who sought to license them — namely Apple and Microsoft. And BlackBerry, under its former RIM moniker, was part of an Apple and Microsoft-led consortium that bought Nortel’s IP assets in 2011, much to Google’s chagrin. I suspect these apparent hypocrisies only scratch the surface of what’s going on in mobile and across the IT landscape.

 

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Via Chuck Sherwood, Senior Associate, TeleDimensions, Inc
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Feeling Betrayed, Facebook Users Force Site to Honor Their Privacy

Feeling Betrayed, Facebook Users Force Site to Honor Their Privacy | BUS Five-Fitty | Scoop.it
Sean Lane's purchase was supposed to be a surprise for his wife. Then it appeared as a news headline -- "Sean Lane bought 14k White Gold 1/5 ct Diamond Eternity Flower Ring from overstock.com" -- last week on the social networking Web site Facebook.
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Napoleon Dynamite - Rex Kwon Do [HQ]

FOLLOW MY TWITTER: @PR0TECTYANECK_ AND MAYBE GET A FOLLOWBACK Well that place was a rip off... © FOX 2004
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The Alibaba phenomenon | The Economist

The Alibaba phenomenon | The Economist | BUS Five-Fitty | Scoop.it
ON ITS way to becoming the world’s biggest economy, China is passing another landmark. Its e-commerce market is overtaking America’s. And one giant firm dominates the market: Alibaba, by some measures already the world’s largest e-commerce company. Last year two of Alibaba’s portals together handled 1.1 trillion yuan ($170 billion) in sales, more than eBay and Amazon combined. Alibaba is on track to become the world’s first e-commerce firm to handle $1 trillion a year in transactions (see article). Yet despite such extraordinary success, many people outside China have barely noticed the rise of this privately held behemoth. That is about to change. The firm’s founder, a former English teacher called Jack Ma, has just announced that he will hand over the chief-executive job to a trusted insider, Jonathan Lu, in May....
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Shell ready to invest several hundred million dollars in promising ...

Shell is ready to invest several hundred million dollars in emerging technology companies. ... News and Media Releases. Shell ready to invest several hundred million dollars in promising technology companies ...
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