How Apple’s Stock Reacts to iPhone Unveilings, in Two Charts

When the original iPhone debuted in 2007, investors cheered the news, pushing Apple’s stock up 8 percent on the day of the event. Since then, the market’s reaction to the annual unveiling has been mostly negative. For the following six years, Apple’s stock ended down five times on the days of the events, averaging a loss of almost 2 percent.

Source: www.bloomberg.com

Alibaba’s Latest E-Commerce Coup: Secure Mobile Payment By Fingerprint

As Chinese e-commerce giant Alibaba prepares for what may well be the world’s largest IPO, the company quietly announced technology that may well put competitors like Amazon, Google and PayPal on the back foot.

Source: www.forbes.com

If the former school teacher says we pay with our fingerprint, so shall it be.