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4 mins read
'Neutron Jack' fired thousands of GE workers and helped the rise of 'Trumpism'. A new book explains why he was wrong
Former General Electric CEO Jack Welch was responsible for the worst of the US economic system, say…
Ryan Hogg
2 mins read
Jack Ma's run-in with Beijing not only saw him disappearing for over 2 years, it also cost his companies over $850 billion
On Friday, Beijing announced a $985 million fine for Ant Group — an Alibaba affiliate — signaling a…
Huileng Tan
2 mins read
Jack Ma's run-in with Beijing not only saw him disappearing for over 2 years, it led to his wealth tanking by half and cost his companies hundreds of billions
Ma is now worth about $30 billion as of Wednesday — half of what he was worth in October 2020…
Huileng Tan
5 mins read
The suspicious disappearance and return of Peng Shuai is straight out of China's playbook for forcing rogue celebrities into submission
On Nov. 2, Peng accused a former Chinese official of sexual assault. She's not been heard from sinc…
Bill Bostock
2 mins read
Rumors of Alibaba's Jack Ma getting arrested briefly wiped $26 billion from the e-commerce giant's market value
A state-media report said a person surnamed Ma was being probed in Hangzhou, where Alibaba is based…
Weilun Soon
3 mins read
This is 996 culture, a grueling 72-hour work week popular in China that's been criticized for ruining work-life balance
The 72-hour work week is favored among fast-growing Chinese tech companies, but workers and experts…
Heather Schlitz
1 min read
TikTok's parent company isn't the first Chinese firm to reportedly cancel its IPO plans - but it may get to avoid the public embarrassment Jack Ma faced
Bytedance reportedly paused its IPO after a chat with regulators, saving it and CEO Zhang Yiming fr…
Katie Canales
1 min read
After spending time in Japan and briefly appearing in Thailand, Jack Ma's now resurfaced in Hong Kong, where he's reportedly meeting with finance execs
The elusive billionaire founder of Alibaba had disappeared from public view in 2020 criticizing Chi…
Aditi Bharade
1 min read
Alibaba billionaire founder Jack Ma is 'lying low' after a roller coaster year in which China cracked down on his tech empire
An Alibaba exec said Chinese billionaire Jack Ma is lying low after regulators pulled Ant Group's $…
Katie Canales
2 mins read
Alibaba shares hit 6-month high after Jack Ma cedes control of Ant Group, amid a broad rally in Asian shares
Alibaba share rose 9% after news emerged that Ma was ceding control of Ant Group, following China's…
Huileng Tan
5 mins read
Jack Ma returned to China to visit a private school he founded, 2 years after he first vanished from public view amid Beijing's tech crackdown
Ma was last spotted in Thailand and Japan recently. The tech titan disappeared from public view aft…
Huileng Tan
2 mins read
Jack Ma reportedly made a surprise visit to Ant Group's headquarters in one of his few public appearances since China pulled the firm's $35 billion IPO
Jack Ma was reportedly seen smiling on a bus with other executives, marking the second time he's ap…
Katie Canales
1 min read
An Indian court has summoned Jack Ma for wrongfully firing an Indian employee
An Indian court has summoned Alibaba's founder Jack Ma after a former employee in India complained…
2 mins read
It's not just Jack Ma. More and more Chinese tech founders and CEOs are retreating from the spotlight.
Bytedance founder Zhang Yiming has reportedly left the board of the TikTok parent. He's the latest …
Katie Canales
1 min read
Jack Ma showed up at a videoconference with Putin in his first public appearance since China cracked down on him and fined his company
Jack Ma was seen at a videoconference meeting of the Russian Geographical Society with Russian Pres…
Sinéad Baker
3 mins read
Billionaire Jack Ma was one of China's biggest success stories. The government turning on him speaks to an animosity against billionaires in the Communist country.
China isn't just cracking down on Jack Ma - the Communist Party is reining in billionaires as the w…
Katie Canales
2 mins read
China has reportedly asked Jack Ma's Alibaba to get rid of its media assets
According to a The Wall Street Journal report citing people familiar with the matter, Chinese of…
1 min read
People are lining up in droves after rumors spread that billionaire Jack Ma is giving out cash to Chinese seniors
The gifts are said to be made in honor of Lunar New Year, but authorities warn it may be a scam.
Julie Gerstein
2 mins read
Softbank CEO Masayoshi Son says he and Alibaba's Jack Ma send each other drawings to keep in touch
The two businessmen have been friends for years, and Son said on Monday that they've kept tabs on e…