Jing Cao
Bloomberg
New York, NY, United States
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Past articles by Jing:
The Surprising Power Broker Backing E-Commerce Startups
Branding agency Red Antler has guided popular startups including Capser and Allbirds. → Read More
Online Butchers Cater to Meat Lovers in the Age of Amazon
Porter Road, Crowd Cow and Greensbury Market are tapping a growing appetite for sustainably raised steaks and more. → Read More
Expedia Shares Tumble on Plans to Increase Spending This Year
Expedia Inc. shares tumbled the most in more than three months after outlining plans to spend a lot more in 2018, in an effort to modernize operations and bolster its short-term vacation rental unit. → Read More
Icahn, Deason Urge Xerox to Oust CEO, Explore Alternatives
Carl Icahn is teaming up with fellow Xerox Corp. investor Darwin Deason to urge the company to explore strategic alternatives and shake up its joint venture with Fujifilm Holdings Corp. → Read More
IBM falls after sales in new cloud business fail to impress bulls
Much of the growth fueling the firm's $22.5B in fourth-quarter revenue came from its new mainframe servers. → Read More
Amazon Hikes Monthly Prime Membership Prices by 18% to $12.99
Amazon.com Inc. is looking to squeeze more money out of monthly subscribers to its free two-day shipping service, which could persuade many of them to sign up for annual subscriptions. → Read More
IBM reports 4Q sales increase of 3.6 percent
Mainframe line fuels much of the growth; cloud and analytics revenue up 17 percent. → Read More
IBM Falls After Sales in New Business Fail to Impress Bulls
IBM managed to increase sales for the first time in almost six years, but that growth wasn’t fueled as much by cloud computing and other new products as some analysts had hoped, causing shares to tumble. → Read More
IBM, Maersk form new blockchain company for international cargo
The firms will use the technology, a digital ledger best known for underpinning bitcoin, to track shipping movements and automate paperwork. → Read More
IBM, Maersk Form New Blockchain Company for International Cargo
IBM and A.P. Moeller-Maersk A/S have started a company that will use new technologies such as blockchain, a digital ledger best known for underpinning bitcoin, to track cargo movements and automate paperwork for shipping across international borders. → Read More
Facebook’s Ad Business May Power Through News Feed Change
Facebook Inc.’s decision to shift people’s news feeds back toward posts from friends and family and away from businesses and media outlets will likely mean users spend less time on the site. Yet analysts say advertising revenue may continue to grow as quality over quantity wins out. → Read More
IBM Breaks Patent Record in 25th Straight Year as Number One
International Business Machines Corp. was once again awarded the largest number of U.S. patents in 2017, as the company pushes into blockchain and artificial intelligence technologies. → Read More
GoPro to Slash 20% of Jobs; Revenue Misses Estimates
GoPro Inc. gave a forecast for fourth-quarter revenue that missed analysts estimates and said it was cutting hundreds of jobs and is putting an end to its drone business. → Read More
Magic Leap Shows Off Long-Awaited Headset With Few Details
Magic Leap, the secretive startup that has raised close to $2 billion and spent much of the past decade vowing to remake entertainment, finally has a product—or at least, it has pictures of one. → Read More
Stitch Fix Shares Tumble After First Earnings Report
Stitch Fix Inc., the online personal-styling service, is spending more money than analysts estimated, particularly for advertising, on its plan to expand the data-driven business into new apparel categories. Shares declined as much as 13 percent in extended trading. → Read More
Microsoft Eliminates Arbitration in Sexual Harassment Cases
Microsoft Corp. is eliminating a requirement that employees pursue sexual harassment and gender bias claims through arbitration instead of in court, after revelations this year of improper behavior across technology, entertainment and other industries. → Read More
How Blue Apron Wooed Then Disappointed Wall Street
Even as executives talked up the meal-kit business, they were battling operational issues. → Read More
Amazon Targets Etsy With Last-Minute Delivery of Craft Gifts
Amazon.com Inc. will offer last-minute delivery of pottery, necklaces, candles and other handmade products ordered as late as Christmas Eve in nine U.S. cities, looking to win orders from competing arts-and-crafts marketplace Etsy Inc. → Read More
Blue Apron CEO Salzberg Steps Down, to Be Replaced by CFO
Blue Apron Holdings Inc. Chief Executive Officer and co-founder Matt Salzberg stepped down from the top role after the meal-kit company suffered production problems and projected slower sales growth. → Read More
Meg Whitman Says Sexual Harassment Cases May Change Workplace
Hewlett Packard Enterprise Co. Chief Executive Officer Meg Whitman said the recent sexual misconduct revelations could indicate a "tipping point" in workplace culture. → Read More