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Jack Ma

Alibaba reassures on founder Jack Ma’s share sale plan and moves to quash lay-off rumours in internal letter

by Anas Siddiqui
Alibaba reassures on founder Jack Ma’s share sale plan and moves to quash lay-off rumours in internal letter

In an internal letter Alibaba Group Holding has clarified details of a plan by the family trust of former chairman and co-founder Jack Ma to sell shares in the e-commerce …

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Alibaba scraps cloud business spin-off citing US chip export ban

by David Johnson
Alibaba scraps cloud business spin-off citing US chip export ban

By Reuters Published Nov 20, 2023 Alibaba Group has scrapped plans to spin-off its cloud business, citing uncertainties created by U.S. export curbs on chips used in artificial intelligence applications. Reuters The …

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Jack Ma positive on Alibaba, will continue to hold shares

by Lionel Rogers
Jack Ma positive on Alibaba, will continue to hold shares

By Reuters API Published Nov 18, 2023 Alibaba co-founder Jack Ma is “very positive” about the company and will continue to hold its shares, the South China Morning Post reported …

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Exclusive: Jack Ma’s office says he remains ‘very positive’ about Alibaba and clarifies that he will continue to hold the tech giant’s shares

by Anas Siddiqui
Exclusive: Jack Ma’s office says he remains ‘very positive’ about Alibaba and clarifies that he will continue to hold the tech giant’s shares

Jack Ma’s office said the founder of Alibaba Group Holding remains “very positive” about one of China’s biggest technology companies, giving the market the assurance after a sell-off of the …

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China’s Zhejiang province reassures support for Alibaba, led by new chairman Joe Tsai, as company plays pivotal tech development role amid expansion into AI, enterprise market

by Anas Siddiqui
China’s Zhejiang province reassures support for Alibaba, led by new chairman Joe Tsai, as company plays pivotal tech development role amid expansion into AI, enterprise market

Alibaba must “regain momentum, open new chapters and renew glory” to make a greater contribution to Zhejiang, Yi told the company’s top management, according to the Zhejiang Daily report. He …

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Ant Group buys land to expand HQ as fintech firm and Alipay operator emerges from shadow of China’s tech crackdown

by Anas Siddiqui
Ant Group buys land to expand HQ as fintech firm and Alipay operator emerges from shadow of China’s tech crackdown

Financial technology giant Ant Group has bought a land parcel near its headquarters in Hangzhou, showing that the company is entering a growth phase now that the dust from a …

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Today’s NYT Connections Hints (and Answer) for Monday, September 25

by Ron Morgan
Today’s NYT Connections Hints (and Answer) for Monday, September 25

If you’re looking for the Connections answer for Monday, September 25, 2023, read on—I’ll share some clues, tips, and strategies, and finally the solutions to all four categories. Beware, there …

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Alibaba CEO Eddie Wu warns of being ‘displaced’

by Edgar Davis
Alibaba CEO Eddie Wu warns of being ‘displaced’

Signage at the Alibaba Group Holding Ltd. booth at the Smart China Expo in Chongqing, China, on Monday, Sept. 4, 2023. Qilai Shen | Bloomberg | Getty Images Alibaba needs …

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China hits Alibaba affiliate Ant Group hit with $985 million fine

by Edgar Davis
China hits Alibaba affiliate Ant Group hit with 5 million fine

Regulatory scrutiny forced Hangzhou-based Ant Group to abruptly suspend its massive IPO plans in 2020. Vcg | Visual China Group | Getty Images China’s central bank hit Alibaba affiliate Ant …

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