Ask almost any retailer about the worst part of the holidays, and it will tell you it’s the returns hassle that follows the holiday buying frenzy. Loop Commerce CEO Roy Erez tells Karen Webster that solving for that pain point means using technology to reinvent the art of gifting. Erez explains how Target is using Loop’s digital gifting platform to help its customers choose a gift online and send it virtually, leaving the final say in color, size and style to the receiver before it ships — all in the name of getting the retailer straight to the point of no returns.  Read More...

Officials on Capitol Hill may not be thrilled with Facebook today, but the social network’s investors certainly are as Facebook annihilated earnings expectations for Q3. Revenue is up 42 percent, and its active user base clocked in at a cool 2.08 billion monthly. But, operating expenses are about to spike because, as it turns out, protecting the site from fake news is a going to be a costly intervention.  Read More...

With an earnings report that beat and raised guidance for future performance, the markets are very happy with Alibaba today. Consumer spending in China is surging, Alibaba is broadening its business line and the results are in the numbers: the Chinese eCommerce giant posted its largest gains since going public three years ago. So, what’s next?  Read More...