GoKawiil - Latest Tech News & Aggregated Headlines

Adobe patches critical SessionReaper flaw in Magento eCommerce platform

bleepingcomputer.com Unknown 2025-10-07 03:53:53

Adobe is warning of a critical vulnerability (CVE-2025-54236) in its Commerce and Magento Open Source platforms that researchers call SessionReaper and describe as one of " the most severe" flaws in the history of the product. Today, the software company released a patch for the security issue that could be exploited without authentication to take control of customer accounts through the Commerce REST API. According to e-commerce security company Sansec, Adobe notified "selected Commerce custo

Topics: adobe commerce magento sansec security

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Visa's AI-enhanced payment options will be coming to more apps soon, thanks to new MCP support

zdnet.com Sabrina Ortiz 2025-10-14 16:00:17

Getty Images / Anna Barclay / Contributor Follow ZDNET: Add us as a preferred source on Google. ZDNET's key takeaways Visa Intelligent Commerce opens Visa's payment network to developers and engineers. These individuals can then build agentic AI shopping experiences using Visa's network. Now, Visa Intelligent Commerce offers Model Context Protocol (MCP) support. AI agents can optimize how people do everyday tasks in the digital world, including shopping. In May, Visa unveiled Visa Intell

Topics: ai commerce developers intelligent visa

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FirstClub bucks India’s speed obsession, quickly triples valuation to $120M with premium approach

techcrunch.com Jagmeet Singh 2025-10-15 07:21:08

While quick commerce in India has become synonymous with 10-minute deliveries — and the hottest play for startups and investors — FirstClub is taking a slower, more curated route. Yet just three months after launching its app, the 8-month-old startup has tripled its valuation. At a post-money valuation of $120 million, the Bengaluru-based startup has raised $23 million in a Series A round (comprising more than 90% equity and the rest in debt) co-led by returning investors Accel and RTP Global.

Topics: ayyappan commerce firstclub products startup

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Indian grocery startup Citymall raises $47M to challenge ultra-fast delivery giants

techcrunch.com Ivan Mehta 2025-10-19 06:30:00

Indian e-commerce startup Citymall, which focuses on budget-focused grocery delivery for tier 2 and tier 3 towns, said today that it has raised $47 million in Series D funding led by Accel, with participation from existing investors including Waterbridge Ventures, Citius, General Catalyst, Elevation Capital, Norwest Venture Partners, and Jungle Ventures. The Series D round comes three years after the company’s $75 million Series C round led by Norwest Venture Partners. The valuation of the comp

Topics: citymall commerce company quick techcrunch

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Alibaba shares surge as AI boom drives cloud unit sales

cnbc.com Arjun Kharpal 2025-10-21 17:30:42

Alibaba posted a better-than-expected bottom line in the June quarter on Friday, fueled by accelerated sales at its cloud computing unit and a continued revival of its e-commerce business, sending shares higher. Still, the Chinese giant's revenues came in under analyst forecasts. U.S.-listed shares of the Chinese giant had gained nearly 13% on Friday after the company announced results. On Monday, Alibaba's Hong Kong-listed shares surged more than 19% before paring some gains. Here's how Al

Topics: alibaba billion commerce income year

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Alibaba shares jump 19% on cloud unit acceleration, report of new AI chip

cnbc.com Arjun Kharpal 2025-10-21 17:42:18

Signage at the Alibaba Group Holding Ltd. headquarters in Hangzhou, China, on Thursday, Feb. 6, 2025. Alibaba 's Hong Kong listed shares surged more than 19% on Monday as the Chinese tech giant's cloud computing unit drove strong quarterly results, while details emerged over its new AI chip development. It's the highest level for the stock since March. Investors have backed the company's improving performance in its key cloud unit and are content with the the tech giant's investment into new a

Topics: ai alibaba china commerce company

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Alibaba shares jump 13% as AI drives cloud unit acceleration

cnbc.com Arjun Kharpal 2025-10-21 23:06:24

Alibaba posted a better-than-expected bottom line in the June quarter fueled by accelerated sales at its cloud computing unit and a continued revival of its e-commerce business. Still, the Chinese giant's revenues came in under analyst forecasts. Alibaba's stock climbed 12.9% in the U.S. after initially dipping. Here's how Alibaba did in its fiscal first quarter ended June, compared with LSEG estimates: Revenue: 247.65 billion Chinese yuan ($34.6 billion), versus 252.9 billion yuan expected.

Topics: alibaba billion commerce year yuan

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Alibaba shares jump 10% as AI drives cloud unit acceleration

cnbc.com Arjun Kharpal 2025-10-22 23:15:39

Alibaba posted a better-than-expected bottom line in the June quarter fueled by accelerated sales at its cloud computing unit and a continued revival of its e-commerce business. Still, the Chinese giant's revenues came in under analyst forecasts. Alibaba's stock climbed 10% in the U.S. after initially dipping. Here's how Alibaba did in its fiscal first quarter ended June, compared with LSEG estimates: Revenue: 247.65 billion Chinese yuan ($34.6 billion), versus 252.9 billion yuan expected. N

Topics: alibaba billion commerce year yuan

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Alibaba shares jump 6% in premarket trading as AI drives cloud unit acceleration

cnbc.com Arjun Kharpal 2025-10-23 03:06:07

Alibaba posted a better-than-expected bottom line in the June quarter fueled by accelerated sales at its cloud computing unit and a continued revival of its e-commerce business. Still, the Chinese giant's revenues came in under analyst forecasts. Alibaba's stock was up more than 6% in premarket trading in the U.S. after initially dipping. Here's how Alibaba did in its fiscal first quarter ended June, compared with LSEG estimates: Revenue: 247.65 billion Chinese yuan ($34.6 billion), versus 2

Topics: alibaba billion commerce year yuan

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Alibaba's cloud unit shines even as rivalry heats up in China's 'instant commerce' space

cnbc.com Arjun Kharpal 2025-10-23 16:06:52

Alibaba posted a better-than-expected bottom line in the June quarter fueled by accelerated sales at its cloud computing unit and a continued revival of its e-commerce business. Still, the Chinese giant's revenues came in under analyst forecasts. Alibaba's stock was up around 4% in premarket trade in the U.S. after initially dipping. Here's how Alibaba did in its fiscal first quarter ended June, compared with LSEG estimates: Revenue : 247.65 billion Chinese yuan ($34.6 billion), versus 252.9

Topics: alibaba billion commerce year yuan

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OpenStore’s demise marks endgame for once-booming e-commerce aggregator market

cnbc.com Annie Palmer 2025-11-30 15:40:47

When venture capitalist Keith Rabois got into e-commerce, he couldn't stop buying brands. Now, everything must go. OpenStore, co-founded by Rabois in 2021, is shutting down nearly all of the 40-plus Shopify stores it acquired, and it's in the process of liquidating any remaining inventory by offering steep discounts to move merchandise. Earlier this week, the company announced it plans to focus solely on growing Jack Archer, the menswear brand it bought for $837,000 in 2022. The website addres

Topics: brand commerce company openstore rabois

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India expands its e-commerce crackdown with a new $200M case against Walmart’s fashion arm Myntra

techcrunch.com Jagmeet Singh 2026-01-01 15:52:30

India’s financial crime watchdog has filed a complaint against Walmart-backed fashion e-commerce giant Myntra, alleging the company violated foreign investment rules by channeling over $191 million through a related-party scheme that disguised retail operations as wholesale trade. This complaint marks the latest move in a broader crackdown by Indian authorities, which previously targeted Amazon and Flipkart. On Wednesday, the Enforcement Directorate said the Bengaluru-based fashion e-commerce

Topics: commerce complaint disrupt flipkart myntra

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Learn 14 Languages from Babbel with this exclusive StackSocial deal

bleepingcomputer.com Unknown 2026-01-08 11:07:14

Learning a new language doesn’t have to mean night classes, bulky textbooks, or boring apps. With Babbel, you can pick up real-world conversation skills through short, fun, and practical lessons. And right now, you can get a lifetime subscription for only $159 (regularly $599). Why Babbel? Babbel gives you lifetime access to lessons in 14 languages, including French Spanish German Italian Portuguese Swedish Turkish And that’s just a small sample. You’re not limited to just one either,

Topics: babbel conversation just lessons stackcommerce

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Coffee at 30 cents is the latest gimmick in China’s billion-dollar ‘instant commerce’ price war

cnbc.com Dylan Butts Evelyn Cheng 2026-01-21 18:06:54

A Meituan food delivery courier rides an electric scooter in Chongqing, China, on March 29, 2025. Cheng Xin | Getty Images News | Getty Images In China's fiercely competitive market, the latest price war is playing out in the growing "instant commerce" sector, where companies are launching massive subsidies and other incentives to get consumers to spend. The 'instant commerce' sector is backed by massive networks of scooter drivers that quickly transport everything from food and drink to fast f

Topics: china commerce delivery jd meituan

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China's 'instant commerce' price war sees $0.30 drinks and billions in subsidies doled out

cnbc.com Dylan Butts Evelyn Cheng 2026-01-24 08:41:08

A Meituan food delivery courier rides an electric scooter in Chongqing, China, on March 29, 2025. Cheng Xin | Getty Images News | Getty Images In China's fiercely competitive market, the latest price war is playing out in the growing "instant commerce" sector, where companies are launching massive subsidies and other incentives to get consumers to spend. The 'instant commerce' sector is backed by massive networks of scooter drivers that quickly transport everything from food and drink to fast f

Topics: china commerce delivery jd meituan

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Nearly everyone opposes Trump’s plan to kill space traffic control program

arstechnica.com Unknown 2026-01-24 20:06:24

The Trump administration's plan to gut the Office of Space Commerce and cancel the government's first civilian-run space traffic control program is gaining plenty of detractors. Earlier this week, seven space industry trade groups representing more than 450 companies sent letters to House and Senate leaders urging them to counter the White House's proposal. A spokesperson for the military's Space Operations Command, which currently has overall responsibility for space traffic management, said i

Topics: administration commerce office space traffic

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Robinhood expands its global push, minutes from crypto chief's old cramped apartment in Cannes

cnbc.com Mackenzie Sigalos 2026-02-17 05:41:34

CANNES — Fifteen years after flipping burgers at a McDonald 's and teaching himself to code at night in a cramped apartment near the French Riviera, Robinhood crypto chief Johann Kerbrat is back. The last time he lived around Cannes, he was 21 — with no connections, no funding, and no formal business training. But he had a knack for programming and a drive to solve real-world problems. Kerbrat, who is now senior vice president and crypto GM at Robinhood, quit his job just before starting unive

Topics: commerce crypto kerbrat merchants said

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US lawmakers call for federal probe into OnePlus

androidauthority.com Unknown 2026-02-18 06:00:28

Joe Maring / Android Authority TL;DR Two US lawmakers have asked the Commerce Department to investigate OnePlus phones for potential security risks. Their concern is based on an analysis shared by an unnamed firm suggesting that OnePlus may be collecting and sending sensitive user data to servers in China without user consent. US lawmakers have reportedly requested the Commerce Department to investigate whether OnePlus phones sold in the country pose security risks. The request reportedly co

Topics: commerce data department oneplus user

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The Verge’s 2025 Father’s Day gift guide

theverge.com Cameron Faulkner 2026-03-18 09:10:54

is an editor covering deals and commerce. He joined in 2018, and served as commerce editor at Polygon until May 2025. Father’s Day rules. It’s a day to celebrate all that dads have contributed to the people, homes, and communities that they’re a part of. Being a dad is a lot of work — something I can vouch for, being a relatively new one myself — so for Father’s Day, why not give dear old dad a token of appreciation and love? Whether your dad prefers practical or clever gifts, we think you’ll b

Topics: commerce contributed dad day father

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Latest Tech News

Adobe patches critical SessionReaper flaw in Magento eCommerce platform

Visa's AI-enhanced payment options will be coming to more apps soon, thanks to new MCP support

FirstClub bucks India’s speed obsession, quickly triples valuation to $120M with premium approach

Indian grocery startup Citymall raises $47M to challenge ultra-fast delivery giants

Alibaba shares surge as AI boom drives cloud unit sales

Alibaba shares jump 19% on cloud unit acceleration, report of new AI chip

Alibaba shares jump 13% as AI drives cloud unit acceleration

Alibaba shares jump 10% as AI drives cloud unit acceleration

Alibaba shares jump 6% in premarket trading as AI drives cloud unit acceleration

Alibaba's cloud unit shines even as rivalry heats up in China's 'instant commerce' space

OpenStore’s demise marks endgame for once-booming e-commerce aggregator market

India expands its e-commerce crackdown with a new $200M case against Walmart’s fashion arm Myntra

Learn 14 Languages from Babbel with this exclusive StackSocial deal

Coffee at 30 cents is the latest gimmick in China’s billion-dollar ‘instant commerce’ price war

China's 'instant commerce' price war sees $0.30 drinks and billions in subsidies doled out

Nearly everyone opposes Trump’s plan to kill space traffic control program

Robinhood expands its global push, minutes from crypto chief's old cramped apartment in Cannes

US lawmakers call for federal probe into OnePlus

The Verge’s 2025 Father’s Day gift guide

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