Here’s what’s on the Tuesday menu.
Alibaba earnings report: Profit falls because of increased spending, but sales surge. The company’s shares are up more than 2.5 percent.
Apple opens Seattle software office, its first engineering office in the Northwest. Also, Apple reportedly planning to open Apple University in China.
Sprint reports subscriber loss, lowers forecast, announces 2,000 job cuts.
ICYMI: Christian Bale won’t be playing Steve Jobs in the movie after all.
Sean Rad, CEO and co-founder of IAC-owned Tinder dating app, is out.
Cisco Global Cloud Index projects data-center traffic will nearly triple over the next five years, with cloud representing 76 percent of total data-center traffic.
Xiaomi, the Chinese smartphone maker, is trying to raise funds at a valuation of $40 billion to $50 billion.
Babyface: Toy allows babies to take selfies and post them on social media. It was meant as an art concept but a prototype is now in the works.
Photo: People walk past a company logo at the headquarters of Alibaba Group in Hangzhou, in eastern China’s Zhejiang province, on March 17, 2014. (Associated Press)
