Tech and Science News
Alibaba's Jack Ma resigns from SoftBank board
SoftBank Group Corp said on Monday that Alibaba co-founder Jack Ma will resign from its board, in the latest departure by a high-profile ally of CEO Masayoshi Son.
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Jack Ma donates two million masks for coronavirus crisis in Europe
Chinese billionaire and Alibaba co-founder Jack Ma has pledged to donate two million protective masks for distribution across Europe, with a first consignment arriving in Belgium late on Friday.
Nokia shares outperform on M&A hopes
Shares in Finnish telecom network equipment maker Nokia Oyj outperformed a falling market on Thursday, following a Bloomberg report it was weighing options for potential asset sales and mergers.
Alibaba's Jack Ma to open institute for tech entrepreneurs in Indonesia
Jack Ma, executive chairman of China's Alibaba Group Holding, said on Saturday he plans to open an institute to train thousands of tech entrepreneurs in Indonesia, where he is already an adviser to the government on e-commerce.
Alibaba's Jack Ma to step down in one year, hand baton to CEO Zhang
Jack Ma, the charismatic co-founder of China's largest e-commerce firm Alibaba Group Holding Ltd, will step down as chairman in one year to concentrate on philanthropy and education, passing on the reins to trusted lieutenant Daniel Zhang.
Jack Ma to remain Alibaba executive chairman, reveal succession plan next week: SCMP citing spokesman
Alibaba Group Holding Ltd's co-founder Jack Ma will remain as executive chairman, and will unveil a succession strategy on Monday on his 54th birthday, South China Morning Post reported on Saturday, citing a company spokesman.
Alibaba co-founder Jack Ma to retire: New York Times
Alibaba Group Holding Ltd's co-founder and executive chairman, Jack Ma, will retire from the e-commerce company on Monday, as the former English teacher seeks to focus on philanthropy in education, the New York Times reported.
Paypal to spend $3 billion a year on M&A: CEO to German paper
PayPal Holdings Inc is on the lookout for further acquisitions following its recent takeover of iZettle, the Swedish fintech startup, for $2.2 billion, in the U.S. payments company's biggest ever deal.