National / International News

Alibaba could become the largest IPO. Ever.

Marketplace - American Public Media - Wed, 2014-08-13 02:00

The Chinese Internet giant, Alibaba Inc, is shaping up to be the largest initial public offering ever.

Analysts with MorningStar are predicting the company could raise at least $20 billion, potentially making it one of the most exciting offerings for investors since Facebook.

“Alibaba is one of the biggest e-commerce companies in the world, not just China," says Dennis Hudachek, a senior analyst at ETF.com, a financial services company. 

He says in 2013, Alibaba sold more than $248 billion in goods with some 231 million active users.

“Online shopping in China is expected to grow quite a bit in the coming years," Hudachek says. "It’s basically being pitched as a huge growth play, as well.”

Alibaba has the ability to hold investors attention well beyond the IPO, says RJ Hottovy, an analyst with MorningStar.

“One (way) is maintain its growth trajectories in China, which would indicate it is finding new customers in that region,” he says.

Hottovy says Alibaba might also keep investor’s attention if it can show growth in markets outside of China – say, for example, the United States.

Going public hasn’t been a completely smooth process, though. Alibaba has already pushed its IPO date back to September because the company and regulators wanted more time.

Gang robs $10m in record Chile theft

BBC - Wed, 2014-08-13 01:47
Eight gunmen in Chile steal more than $10m (£6.2m) from an armoured van carrying cash to Santiago airport in the biggest robbery in the country's history.

UK drops third round of aid in Iraq

BBC - Wed, 2014-08-13 01:47
The UK completes its third round of aid drops to help thousands of people fleeing Islamist militants in Iraq.

VIDEO: 'Heart-breaking' scramble for survival

BBC - Wed, 2014-08-13 01:33
Aid worker Taban Sami Shoresh describes the ''heart-breaking'' sight of people scrambling for survival during a delivery of aid to people fleeing Islamist militants in Iraq.

Turner to retire at the end of 2014

BBC - Wed, 2014-08-13 01:33
Former European and Commonwealth 110m hurdles champion Andy Turner reveals he is to retire at the end of the year.

Artists claim Brooklyn Bridge stunt

BBC - Wed, 2014-08-13 01:32
Two German artists claim responsibility for hoisting white flags atop New York's iconic Brooklyn Bridge last month, removing official US flags.

Call to cut young prisoner suicides

BBC - Wed, 2014-08-13 01:25
Prisons must do more to stop young inmates taking their own lives, a government investigator says in a report on deaths of inmates aged 18 to 24.

VIDEO: High jumper suffers 'terrible' slip

BBC - Wed, 2014-08-13 01:22
Russia's Aleksey Dmitrik suffers a "terrible" slip on his third attempt at 2.15m in the high jump qualification round at the European Athletic Championships in Zurich.

The real teachers inspired by Dead Poets Society

BBC - Wed, 2014-08-13 01:10
The real teachers inspired by Dead Poets Society

Gawker Media faced with anonymous trolls

Marketplace - American Public Media - Wed, 2014-08-13 01:00

On Monday, the staff at the Gawker Media site Jezebel wrote a group post criticizing their parent company for refusing to address issues with Kinja, the comment system for the company’s blog network.

In the post, the editors detailed the efforts of an anonymous commenter who was posting graphic .gifs depicting sexual violence in the comments section of many posts.

Click the media player above to hear Erin Ryan, News Editor at Jezebel, in conversation with Marketplace Tech host Ben Johnson

The burner accounts -- a feature added when Gawker’s sites revamped their comment system -- in theory allow people to write about things happening in their companies without going on the record. But that’s not always what’s happening.

The fundamental problem with these images being posted, argues Ryan, is that once a reader has seen the image, they have seen the offending content in its entirety. This, she argues, is emblematic of a broader issue with the internet.

“People who want to make women feel bad for one reason or another have an anonymous forum with no consequences,” says Ryan.

As it stands, Gawker Media has banned image uploading in comments, and the company says it’s working on a longer term solution.

US sends more advisers to Iraq

BBC - Wed, 2014-08-13 00:56
The US has sent 130 more military advisers to the Kurdish region of northern Iraq, Defence Secretary Chuck Hagel says.

Norovirus outbreak closes Devon park

BBC - Wed, 2014-08-13 00:49
A country park in Devon is temporarily closed after dozens of people fall ill with suspected norovirus.

VIDEO: 'Giant' spider photobombs newscast

BBC - Wed, 2014-08-13 00:45
A spider has photobombed BBC Scotland's news to capture an insect trapped on a camera showing live shots of the River Clyde in Glasgow.

Saturdays singer set for Strictly

BBC - Wed, 2014-08-13 00:33
The Saturdays singer Frankie Bridge is the first celebrity to be confirmed for the next series of Strictly Come Dancing.

VIDEO: Shimon Peres 'seeks peace' over Gaza

BBC - Wed, 2014-08-13 00:21
Former Israeli President Shimon Peres says he seeks peace over the Gaza conflict, as talks continue on a third day of a fresh ceasefire.

Security firm G4S back in profit

BBC - Wed, 2014-08-13 00:16
Security firm G4S reports a pre-tax profit of £85m for the six months to the end of June, compared with a loss of £94m a year earlier.

Obituary: Lauren Bacall

BBC - Tue, 2014-08-12 23:56
The life of screen legend Lauren Bacall

Delhi University admits transgenders

BBC - Tue, 2014-08-12 23:54
Delhi University acknowledges transgender students for the first time after introducing a column for a third gender in its application forms.

Best beer in Britain announced

BBC - Tue, 2014-08-12 23:53
A West Yorkshire beer is named the best in Britain at a festival held in London to celebrate real ale.
ON THE AIR
We're on autopilot.

KBBI is Powered by Active Listeners like You

As we celebrate 35 years of broadcasting, we look ahead to technology improvements and the changing landscape of public radio.

Support the voices, music, information, and ideas that add so much to your life.Thank you for supporting your local public radio station.

FOLLOW US

Drupal theme by pixeljets.com ver.1.4