Alibaba's $14 Billion Shopping Event Crushed Cyber Monday -- Weekly News

Looking to keep on top of the latest headlines in small business, innovation and tech? Check out our Weekly News recaps posted every Friday AM -- a quick summary designed to keep you current.

Move over Black Friday and Cyber Monday. Alibaba's annual online shopping event in China this week hit record sales, surpassing $14 billion in a single day. Find out how 'Singles Day' sales compared to last year.

Snapchat announced that it gets 6 billion daily video views, closing in on Facebook's 8 billion. However, our Geoff Weiss writes that these metrics can be misleading when it comes to real reach and monetization.

And Mark Zuckerberg just awarded a high school student $400,000 in a special annual Silicon Valley awards program. Our Laura Entis explains more about the science competition and the 18-year-old's winning project, one which beat out more than 2,000 applicants.

Related: 3 Ways to Make Them Remember Your Brand -- Weekly Tips