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Alibaba quarterly revenue disappoints, shares fall

BEIJING/SHANGHAI - Alibaba Group Holding Ltd's shares fell more than 10 percent early on Thursday, wiping more than $25 billion of market value after third quarter revenue at the Chinese internet giant fell short of analysts' expectations. | Video

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Microsoft gives away more Office software to attract mobile users

SEATTLE - Microsoft Corp made its popular Word, Excel and PowerPoint applications available for free on Android tablets on Thursday, marking the latest step in its drive to get as many mobile customers as possible using its software.

3:03am EST

Intel says corporations buying more high-end PCs

SAN FRANCISCO - Companies replacing older PCs are increasingly choosing ones with high-end features aimed at improved security and employee efficiency, according to a senior Intel Corp executive.

7:09am EST

Alibaba says SAIC report flawed, preparing formal complaint

SHANGHAI/BEIJING - A Chinese regulator's report that criticized Alibaba Group Holding Ltd for failing to do enough to stamp out illegal business on its platforms was flawed and the company is preparing a formal complaint, Executive Vice Chairman Joe Tsai said on Thursday.

8:15am EST

Apple takes top gifting spot in China: report

SHANGHAI - Apple Inc has taken the number one luxury gifting spot in China from designer goods maker Hermes International SCA, according to a Hurun luxury report on Thursday, reflecting the iPhone maker's recent hot streak in the country.

4:59am EST

Samsung Elec's smartphone primacy under threat from Apple after weak Q4

SEOUL - Samsung Electronics Co Ltd is closer to losing its crown as global smartphone leader after posting a plunge in quarterly mobile earnings on Thursday, a day after rival Apple Inc reported the biggest profit in corporate history. | Video

3:05am EST

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