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Alibaba’s Jack Ma is now China’s richest person

Alibaba CEO Jack Ma AFP FILE PHOTO

The largest stock offer in history has made Jack Ma, founder of e-commerce giant Alibaba, China’s richest person with a fortune of $25 billion, an annual wealth ranking for the country showed Tuesday.

Posted: September 23rd, 2014 in Headlines,Latest Technology Stories,Science and Research | Read More »

Jack Ma: English teacher turned Internet visionary

jack-ma

After being knocked back by US venture capitalists in 1999, cash-strapped Chinese entrepreneur Jack Ma persuaded friends to give him $60,000 to start an e-commerce firm called Alibaba.

Posted: May 8th, 2014 in Featured Gallery,Internet,Latest Technology Stories,Photos & Videos | Read More »

China’s Alibaba Group aims to raise $1B in IPO

Alibaba-IPO

Alibaba Group, China’s leading e-commerce company, is dangling a deal that could turn into one of the biggest IPOs in US history.

Posted: May 7th, 2014 in Featured Gallery,Latest Technology Stories,Photos & Videos | Read More »

Yahoo! ordered to pay $2.7 bn by Mexican court

AP FILE PHOTO

Yahoo! said Friday it was ordered to pay $2.7 billion by a Mexican court in a lawsuit stemming from allegations of breach of contract and lost profits related to a yellow pages listing service.

Posted: December 1st, 2012 in Headlines,Internet,Latest Technology Stories | Read More »

Yahoo! dumping products in turn-around plan

yahoo

Yahoo! on Tuesday revealed that it will dump products in a quest to return the faded Internet star to glory.

Posted: April 18th, 2012 in Latest Technology Stories,Photos & Videos | Read More »

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