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Amazon profit jumps while shares slip

The US tech giant said profit jumped 63% from a year ago to $3 billion in the fourth quarter

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Apple to launch online payment in China

SHANGHAI: Apple will launch an online payment service in China, media said, as the tech giant seeks to expand in its largest market outside of the US despite fierce competition from local rivals.

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Google reorganizes under ‘Alphabet’ umbrella

SAN FRANCISCO: Google unveiled a surprise corporate reorganization Monday, forming a new parent company dubbed Alphabet that will include the Internet search unit as one of several entities. Google chief executive Larry Page announced the change, saying he would hold the same title at Alphabet, the new holding company for the tech giant’s newer ventures…

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