http://time.com/money/3311917/apple-pay-iphone-iwatch-passbook/

Apple Pay, the feature in the Passbook application, can now turn an iPhone into a wallet by preloading customer’s debit and credit cards.

I think this new technology will explore a brand new market for Apple with the extreme convenience and the large number of iPhone users. Image that you no longer need to take your cards with you everywhere and do not need to worry about losing them when you are going out with your friends, all you have to take with you is your iPhone. Simply swiping your iPhone can get the payment done, this would definitely provide customers with a better shopping experience.

However, the limited locations for Apple Pay that compatible will be the weakness of this high-technology way of payment. There are only 22,000 compatible sites in the world. Although more stores are getting started to upgrade their terminals, the number of available shops will not be large in a short time, which means it will be the limitation of this technology somehow.

I believe the weakness will not limit Apple Pay in a long time, and it will be one of the major ways of payment in the future.

http://time.com/3456692/lamborghini-asterion/

Lamborghini unveiled a hybrid that can go almost 200mph, which is the combination of environmentally conscious and speed.

As a giant in manufacturer of luxury sports cars, the plug-in hybrid concept car Lamborghini recently unveiled represents the advanced technology and development. The market Lamborghini targets at is basically consumers who are interested in environmental-friendly car as well as excellent speed.

People who are rich and passionate about design and speed of cars are the largest market of Lamborghini, and those of them who devote in protect environment will definitely be the biggest fans of this plug-in hybrid. Likewise, when people with environmentally conscious are considering getting cars with perfect performance on designing and speeding, this concept car will be the best choice for sure.

With the unveiling of this hybrid car, Lamborghini expands their market to a brand new world, they aim not only at being fast but also at being environmental friendly. The development and improvement of hybrid cars will lead Lamborghini to a brighter future.

http://time.com/3404380/jack-ma-alibabas-founder-in-the-ipo-spotlight/

Jack Ma, with a fortune of $25 billion, becomes the richest man in China. As the founder of his company Alibaba Group, Ma has worked with Alibaba for 15 years. Alibaba is the largest online retailer in China now, sold 48,000 items on average every minute.

As the No. 1 e-commerce company in China, Alibaba has a large number of strengths. There are three version of the customer-to-customer online shopping platform, Chinese, English and Japanese. It has both B2C and C2C platform with mature development, and has an unbelievable large number of members, over 800 million.

Alibaba also gets opportunities for being the largest Chinese bbs in the world, helping to bring sellers and consumers from all over the world together.

Although it is an e-commerce giant, Alibaba still has some weakness. For example, the large number and the diversity of members make the e-commerce market too competitive, so there is not much profit for sellers to gain.

Threaten also exists for such a strong company. The way Alibaba works provides a sample for its competitor, it is not difficult to copy, and it makes the market more competitive for Alibaba.

Alibaba is becoming stronger and stronger after listed, the company is definitely promising with the excellent leadership of Jack Ma.

http://www.dailymail.co.uk/news/article-2608359/Choc-horror-It-Easter-world-running-chocolate-demand-China-outstripping-cocoa-bean-production-forcing-prices-up.html

The news above is about the growing price of cocoa and the long-term supply storage of it. The problem comes from three perspectives.

The increasing demand of chocolate is one of the biggest problems for cocoa produce industry, especially for countries such as China. The demand market is keeping expanding but cocoa farmers are not paid enough to survive. The rising demand also lead to higher price of chocolate, as the supply storage that might happen, chocolate will probably become scarcer and scarcer. When demand is increasing, and the supply can not meet the amount of demand,  it will come up with the result of higher price of chocolate.

Another big problem comes from cocoa farmers. What they are facing is not only the low wage, but also the failure of heritage. There is no “next generation behind” the farmers, and they have not come up with the way of transforming the chain, the troubles of cocoa produce industry could not be resolved completely unless they could find out a way of solving these problems.

Some investments are now pledged by International Cocoa Organization to both farmers are   processing industries, governments is also helping with economic problems of chocolate. However, it is not a simple problem that can be solved in a short period of time, the relationship between increasing demand and supply storage is needed to be improved radically.