TC Roundup: China e-commerce competition intensifies as JD.com, Alibaba go niche
China e-commerce competition intensifies as JD.com, Alibaba go niche: China's JD.com Inc has ratcheted up competition with Alibaba Group Holding Ltd through a $1.55 billion deal with an online car sales portal, as the e-commerce giants gun for high-value markets like cars, tourism and homes.
Following over a year of fervent investment activity in China's tech sector, niche e-commerce markets are now in vogue as targets, analysts say. Taking stakes in specialists like Bitauto Holdings Ltd offers an avenue into big-ticket purchases which fall outside major e-commerce companies' traditional focus of day-to-day goods. (Reuters)
Facebook's 'free-speech' credentials scrutinized as Zuckerberg says it was wrong to block actor's post: Facebook founder and CEO Mark Zuckerberg posted a message to his timeline earlier today, praising the unity march that took place in France following the Charlie Hebdo attacks in Paris last week.
However, one commenter responded to Zuck asking why Facebook had removed a post from Pakistani actor Hamza Ali Abbasi, in which he had questioned how the west defines "freedom of expression," saying that such liberties shouldn't extend to insulting religious beliefs. (Venture Beat)
Amazon, Netflix win big at the Golden Globes: Last year, Amazon wasn't even included in the Golden Globes. Netflix took home one of five nominations with the help of Robin Wright from House Of Cards.
This year, both companies are walking away winners.
Amazon, in particular has elevated its original video brand with two of three wins at the Golden Globes, beating out Netflix in both of the categories in which they were competing. (Tech Crunch)