Alibaba spins out Aliyun team with $200 million investment, pep talk
You can imagine that the team building Alibaba's Aliyun mobile OS must have hurt feelings following Google's accusations that Aliyun is just a corruption of Android. Alibaba chief Jack Ma is keen to restore some of that wounded pride, at least on the surface. The CEO has used a since-confirmed staff memo to spin out Aliyun as a separate entity that will "safeguard the healthy growth" of the platform and Alibaba's mobile strategy. It's not solely an instance of tough love, either: Alibaba is putting $200 million into the...
Published By: Engadget - Saturday, 22 September, 2012
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With $15M From Omidyar And 35M+ Users, Change.org Wants To Prove Socially-Minded Business Can Attract Big Numbers Tech Crunch (2 days ago) - Change.org got its start in 2007 as a social network for non-profits. For years, growth...

