Jack Ma, China’s version of Jeff Bezos and the founder of ecommerce platform Alibaba, saw his company set a global record for online sales in a single day. According to a report from Bloomberg, Alibaba’s Singles Day promotion—an annual event that takes place on November 11 each year—generated 168.2 billion yuan ($25.3 billion) in sales.
By comparison, the Black Friday to Cyber Monday holiday shopping weekend last year brought in an estimated $12.8 billion in online sales in the U.S.
The day is a “celebration” of single people who are encouraged to spend a little dough on themselves, all while saving lots with Black Friday-esque sales. The date (11-11) is significant because of its relation to singles—it’s made up of all ones. But the sales can be found on everything from major appliances, to smartphones, to food products.
What’s crazy about Singles Day is that it isn’t even a global event, per se. This year, Ma and Alibaba engaged more physical retailers than it ever had, which helped boos sales. But it’s still a Chinese-centric event.
That said, Alibaba CEO Daniel Zhang said in an interview that the company plans to take make the event more of a global celebration in the near future. “We want to make Singles’ Day a more global event," he said during an interview in Shanghai. "We could take the gala overseas very soon."
That didn't take long. Hackers claim that they’ve cracked into Face ID—and say it was easier than they expected. https://t.co/V9IX7eAZNN
— WIRED (@WIRED) November 13, 2017
According to a report on WIRED, a group of Vietnamese hackers claim to have hacked Apple’s new FaceID system on the iPhone X.
The rather simple supposed hack involved composite mask made out of a combination of 3D printed plastic, silicone, makeup, and simpler paper cutouts. When put together, the mask allegedly was able to unlock a new iPhone X.
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