It’s not a happy new year for employees of Alibaba
That’s how much one West Coast customs broker says her customers are being charged for containers stuck at ports along the California coast, as reported by the WSJ. As the ongoing contract dispute between port workers and employers continues, businesses both large and small are beginning to feel the pinch.
That’s how many countries in which Sony will sell its augmented reality smart glasses. As reported by the BBC, sales for the glasses will begin next month, with a single pair costing $840. However, some industry insiders are not optimistic—Google faced difficulty in normalizing the technology, and Sony’s design is even larger and more obtrusive.
That’s how much the quilting industry pulls in annually. And lately, a growing number of crafters are willing to pay to learn new skills. Online craft tutorial site Craftsy, for example, brought in $43 million in 2014. The company is hoping to capitalize on millennial interest in the Do-It-Yourself industry.
That’s how much Alibaba pulled in its IPO in September. Yet its revenue results in the third quarter fell below estimates. As reported by Quartz, disappointing earnings are why CEO Jack Ma says he will not be giving out the customary red envelopes for Chinese New Year to employees.
That’s how many days are left before Athens’ credit line expires—Talks between Greece and the euro zone broke down Monday night. As reported by Reuters, failure to reach a deal could result in Greece becoming the first country to leave the euro zone.
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