Internet

For-profit firm seeking to run .org names makes concessions

A private equity firm seeking to buy rights to operate the internet's .org suffix said Friday it will cap price hikes and create an advisory board with veto powers to ease concerns from the nonprofit community.

Business

Alibaba earnings surge 58 pct on 'Single's Day' boost

Chinese e-commerce leader Alibaba said Thursday that net profit increased 58 percent in the latest quarter, citing another record "Single's Day" sales promotion in November and growth in cloud computing.

Business

Australian court approves $10 bn Vodafone-TPG merger

Two of Australia's largest telecommunications firms appear set to merge, after a court ruled on Thursday that the multi-billion-dollar deal between Vodafone and TPG would not pose a major threat to competition.

Business

Billionaire Bezos buys estate for $165 mn: report

Billionaire Amazon chief Jeff Bezos has purchased a Los Angeles-area estate for $165 million, setting a new record for the region, The Wall Street Journal reported on Wednesday.

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Consumer

Consumer is a broad label that refers to any individuals or households that use goods and services generated within the economy. The concept of a consumer is used in different contexts, so that the usage and significance of the term may vary.

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