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Thursday, Sep 16, 2021
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China's answer to the Nasdaq just had a crazy first day. Stocks gained 140%
Trading on China's new Nasdaq-style stock market got off to a spectacular start Monday as investors sent share prices soaring, creating several new tech billionaires in the process.
Mnuchin is wrong: Amazon has done more good than bad for small business
The treasury secretary said Amazon ‘destroyed the retail industry’ – but Amazon has created businesses, side hustles, development and content design opportunities for more than 1.9m small businesses and entrepreneurs around the world who...
Malaysia Files Criminal Charges Against Goldman Sachs Execs in 1MDB Scandal. Other countries might be also victim of similar scandal.
Malaysia filed criminal charges against 17 current and former Goldman Sachs Group Inc. employees, stepping up its efforts to prosecute individuals it alleges were involved in frauds related to the state investment fund 1MDB. Those charge...
Alibaba President Among Those Malaysia Charged in 1MDB Deal
Mike Evans is one of 17 facing criminal charges in scandal. Evans is the international face of China’s e-commerce leader.
European officials draft radical plan to take on Trump and U.S. tech companies
In a bid to counter Trump, EU officials are proposing to unilaterally slap tariffs on the United States. The goal: get Europe competing head-on with the American and Chinese tech giants it has lagged behind for decades.
Jack Ma steps down as Alibaba chairman
Jack Ma, co-founder of Alibaba, stepped down from his role as company executive chairman on September 10, 2019, the day he turned 55. Ma had already announced in September 2018 that in one year Daniel Zhang Yong would take over control ...
Jack Ma Returns to Hupan: Birthplace of Alibaba
Hupan Garden, Jack Ma’s Hangzhou apartment in 1999, is where it all began for Alibaba. On the eve of the company’s 20th birthday, we took Ma back to Hupan to reflect on those early days and what it took to build Alibaba into what it is t...
Xixi campus, Alibaba’s global headquarters in Hangzhou - home to about 22,000 of its 100,000 global employees.
Hangzhou, China - Chinese tech giant Alibaba’s global headquarters in Hangzhou is more than an office or corporate campus. It’s an incubator for all things tech, testing everything from self-driving cars to automated hotels.
Alibaba Founder Jack Ma Retires After 20 Years in Leadership
Two decades after laying the foundation for a company that became one of the world’s titans of e-commerce, Jack Ma stepped down from his position as executive chairman of Alibaba Group. In an open letter last year announcing his retireme...
Huawei Goes All-In on Computing Power To Rival Google, Amazon
The company used its annual conference to announce a cutting-edge new AI training cluster and $1.5 billion in funding to attract software developers to its platforms.
Hong Kong listings dry up under shadow of protests
‘Terrible’ conditions on stock market deter deals but some expect pipeline to pick up later in year
Elon Musk is from Mars, Jack Ma is from Venus
Edit of Jack Ma and Elon Musk at the World Artificial Intelligence Conference
Trump considers delisting Chinese firms from U.S. markets
President Donald Trump's administration is considering delisting Chinese companies from U.S. stock exchanges, three sources briefed on the matter said on Friday, in what would be a radical escalation of U.S.-China trade tensions.
SoftBank Gives ‘Very Public Lesson’ to Founders in WeWork Ouster
Masayoshi Son, long known as a free-spending benefactor who encouraged startup founders to pursue their dreams even if it meant losing billions of dollars, had a different message for entrepreneurs last week: Your dreams had better be pr...
Why Masayoshi Son Invested $20 Million in a Young Jack Ma
SoftBank Group Corp. Chairman and CEO Masayoshi Son explains why he invested in a young Jack Ma even though Ma "had no business plan." He speaks with David Rubenstein for "The David Rubenstein Show:
Chinese backlash to NBA boss's Hong Kong tweet
The general manager of the Houston Rockets had expressed support for Hong Kong protesters.
European stocks close lower on waning hopes around US-China trade talks
European markets fell Tuesday as hopes dimmed for a positive result in high-level trade talks between the U.S. and China.
Parent of Health City Cayman Islands named top world health care game-changer
The parent company of Health City Cayman Islands, Narayana Health, has been recognized as one of the world's most innovative health care providers by Fortune magazine’s annual “Change The World” list of companies.
US bank giant reviews role at Chinese tech firm
Goldman Sachs is advising Megvii, but the US has put the Chinese AI firm on a human rights blacklist.
China’s State TV Network Cancels All NBA Broadcasts
The announcement follows the NBA commissioner’s freedom of speech defense of Houston Rockets general manager Daryl Morey, who has been under fire since tweeting his support for the Hong Kong protests last week.
Chinese tech companies oppose US blacklisting
Chinese tech companies on Tuesday voiced their strong opposition to the US government's decision to add them to a trade blacklist, saying that such a move will hurt US suppliers and hamper global efforts to improve human rights around th...
China achieves self-sufficiency in database tech
China has made a significant breakthrough by achieving self-reliance in core information technologies like databases, after similar breakthroughs in 5G telecom networks and superfast artificial intelligence chips.
China's achievements in tech innovation attract attention in US
China's achievements in technology innovation have drawn increasing attention from US media and the high-tech world, and won affirmations from renowned US technology experts.
Stock rally gains steam, with the Dow up 250 points on trade-deal optimism
Stocks rose to their session highs on Thursday after President Donald Trump said he will meet with Chinese Vice Premier Liu He on Friday.
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