Brean Capital Cuts Price Target on Alibaba (BABA) to $92 Following 1Q16 Results

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Usher™ Achieves FIDO Alliance Certification for its Innovative Enterprise Mobile Security Solution

August 12, 2015 11:00 AM EDT

TYSONS CORNER, Va., Aug. 12, 2015 /PRNewswire/ -- MicroStrategy® Incorporated (Nasdaq: MSTR), a leading worldwide provider of enterprise software platforms, today announced that Usher, MicroStrategy's advanced enterprise security solution that is designed to replace vulnerable security measures such as passwords and keycards, has been certified by The FIDO (Fast IDentity Online) Alliance. Usher has passed a rigorous series of tests that measure compliance with the FIDO Universal Authentication Framework (UAF) and confirm interoperability... More

FIDO Alliance Announces 62 Authentication Products Are Now FIDO(R) Certified

August 12, 2015 11:00 AM EDT

MOUNTAIN VIEW, CA -- (Marketwired) -- 08/12/15 -- The FIDO (Fast IDentity Online) Alliance (https://www.fidoalliance.org/), an industry consortium launched in 2013 to revolutionize online security with open standards for simpler, stronger authentication, today announced there are 62... More

Alibaba Enters Into Exclusive Agreement to Bring Macy’s to China’s Consumers

August 12, 2015 8:08 AM EDT

Macys official online flagship store in China to be launched exclusively on Alibaba Groups Tmall Global

HANGZHOU, China--(BUSINESS WIRE)-- Alibaba Group announced today an exclusive agreement with Macys China Limited, a joint venture between Macys Inc, one of Americas most iconic fashion retailers and the largest U.S. department store by retail sales, and Hong Kong-based Fung Retailing Limited, a leading retailer in Greater China (1). Under the agreement, Macys China Limited will launch an exclusive online flagship store on Tmall Global providing a wide selection of authentic, high-quality Macys... More

Alibaba Group Announces June Quarter 2015 Results

August 12, 2015 7:00 AM EDT

HANGZHOU, China--(BUSINESS WIRE)-- Alibaba Group Holding Limited (NYSE: BABA) today announced its financial results for the quarter ended June 30, 2015.

We had a strong quarter and we continued to build the foundations for future growth. We focused our efforts on building healthy GMV growth, delivering the best consumer experience, and improving the quality and sustainability of merchants doing business on our marketplaces, said Daniel Zhang, Chief Executive Officer of Alibaba Group. We are excited about our top strategic priorities, including internationalization, winning in mobile, expanding our ecosystem from cities to villages, and... More