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Alibaba co-founder Jack Ma to retire – New York Times

Ma, one of China’s best known corporate leaders, will remain on the company’s board of directors and continue to mentor the company’s management, the New York Times said on Friday. Alibaba was not available for comment outside business hours. Alibaba, which was founded by 18 people led by Ma, now has more than 66,000 full-time employees, according to the company’s latest annual filing. …read more […]

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Jack Ma Plans to Step Down From Alibaba on Monday, NYT Says

Alibaba Group Holding Ltd. Chairman Jack Ma told the New York Times that he plans to step down from his role at the company on Monday, marking the end of an era at China’s e-commerce juggernaut. China’s richest man said that he would remain on Alibaba’s board of directors as he pursues philanthropic endeavors, the New York Times reported. Ma told Bloomberg earlier this week that he planned to retire and wanted to dedicate more of his time and fortune to philanthropy with the creation of a foundation in his own name focused on education, following in the …read more […]

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Alibaba co-founder Jack Ma to retire: New York Times

Ma was quoted as telling the paper he would step down on Sept. 10 to pursue philanthropy in education. Alibaba was not available for comment outside business hours. Ma, a former tour guide, English teacher and self-styled “China’s Forrest Gump,” would remain on the company’s board of directors and continue to mentor the company’s management, the New York Times said. …read more […]

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Alibaba co-founder Jack Ma to retire – New York Times

Ma was quoted as telling the paper he would step down on Sept. 10 to pursue philanthropy in education. Alibaba was not available for comment outside business hours. Ma, a former tour guide, English teacher and self-styled “China’s Forrest Gump,” would remain on the company’s board of directors and continue to mentor the company’s management, the New York Times said. …read more […]

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Apple says U.S. tariffs on China would hit ‘wide range’ of products

Apple does not disclose specific revenues for most of the affected products, but the Apple Watch may be the biggest seller. It brought in about $6.1 billion(4.72 billion pounds) in revenue last year, according to an estimate from analyst firm Bernstein, a small portion of Apple’s $229 billion in overall sales. …read more […]

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Apple says U.S. tariffs on China would hit ‘wide range’ of products

Apple does not disclose specific revenues for most of the affected products, but the Apple Watch may be the biggest seller. It brought in about $6.1 billion in revenue last year, according to an estimate from analyst firm Bernstein, a small portion of Apple’s $229 billion in overall sales. …read more […]