Alibaba

After Splashy Return to China, Jack Ma Announces Teaching Job in Japan

Jack Ma, the tech billionaire who co-founded Alibaba and was once considered the richest man in China, accepted a post at Tokyo College on Monday — effectively retiring to Japan only a few months after his ballyhooed return to China at the urging of the government that ruined and exiled him for criticizing the Chinese Communist Party.

NEW YORK, NY - SEPTEMBER 20: Jack Ma, executive chairman of Alibaba Group, speaks at the B

Jack Ma, Kicked Out of Alibaba Parent Company, Wanders Through Thailand

Alibaba founder Jack Ma, once a flamboyant celebrity and the richest man in China until he criticized Chinese Communist Party economic policies, left his low-profile refuge in Japan this week to visit Thailand and learn about farming, fishing, and kickboxing. Chinese state media hinted over the weekend that Ma is being forced out of Alibaba’s parent company, the Ant Group, so he will have plenty of time to work on his hobbies.

FILE - In this May 15, 2019, file photo, founder of Alibaba group Jack Ma arrives for the

Chinese Social Media Personality Vanishes After Displaying Tank Cake on Tiananmen Anniversary

Top Chinese social media influencer Li Jiaqi, known as the “Lipstick King” because he once managed to sell 15,000 units of lipstick in five minutes flat during a livestream performance, was evidently “disappeared” by the tyrannical Chinese government on Friday after he pointed his webcam at a cake that looked like a tank, one day before the 33rd anniversary of the Tiananmen Square massacre.

HANGZHOU, CHINA - SEPTEMBER 23: E-commerce livestreamer Austin Li Jiaqi attends a public-w

China Causes Stock Panic by Arresting Man Named ‘Ma’ for Subversion

Chinese state media announced on Tuesday that a man “surnamed Ma” was arrested on suspicion of “colluding with outside forces” to “subvert the State and split the country.” Stock prices tumbled as investors worried the suspect could be Alibaba founder Jack Ma, who was China’s richest man until he dared to challenge Chinese Communist policies.

A Chinese day trader reacts as he watches a stock ticker at a local brokerage house on Aug

China Imposes Record Fine on Alibaba

Chinese regulators hit e-commerce giant Alibaba with a staggering $2.78 billion fine for alleged antitrust violations Saturday, seizing about four percent of the company’s annual revenue with the largest corporate penalty the Chinese government has ever assessed.

SEATTLE, WA - SEPTEMBER 23: Jack Ma, CEO of Alibaba listens as Chinese President Xi Jinpin

Sharp Power: China Punishes Sweden’s H&M for Objecting to Uyghur Slave Labor

China’s latest exercise of “sharp power” – using economic leverage to impose its political agenda on the free world – targets H&M, a Swedish fashion company. The clothing company was surprised to find itself threatened with boycotts and banned by major Chinese e-commerce platforms Wednesday over months-old social media posts expressing concern about China’s use of Uyghur Muslim slave labor in Xinjiang province.

People walk out from a store of Swedish clothing giant H&M in Beijing on March 25, 202

China to Crack Down on ‘Unregulated Expansion of Capital’

The Chinese Communist Party’s (CCP) annual legislative meeting this weekend will take action against the “unregulated expansion of capital,” according to Premier Li Kequiang, signaling another regulatory beating to teach outspoken tech billionaires who is truly in charge of the Chinese economy.

BEIJING, CHINA - MARCH 05: Chinese Premier Li Keqiang speaks at the opening session of the

China Targets Its Tech Giants with Anti-Monopoly Rules

China’s State Administration for Market Regulation (SAMR) released the final version of its new antitrust rules on Sunday, evidently concluding a debate within the Chinese Communist Party (CCP) over how China’s high-flying technology titans should be reined in. The final draft of the rules places heavy new restrictions on firms like Alibaba, but the rules are not as stifling as they could have been.

Alibaba

Report: China Pressuring Jack Ma to Surrender Alibaba’s Huge Trove of Consumer Data

Voice of America News (VOA) reported Monday that a theory about the curious disappearance of Chinese billionaire Jack Ma is growing in credibility among foreign observers: the true goal of the Chinese Communist Party (CCP) is pressuring Ma into handing over the vast trove of consumer credit data accumulated by his Alibaba e-commerce company and its titanic financial services offshoot, the Ant Group.

SEATTLE, WA - SEPTEMBER 23: Jack Ma, CEO of Alibaba listens as Chinese President Xi Jinpin

Chinese Media: Missing Billionaire Jack Ma Is ‘Embracing Supervision’

A few days after international media noticed that not only did Chinese tech tycoon Jack Ma lose much of his corporate empire and $12 billion of his net worth after criticizing the Communist Party in late October, but he also appears to have vanished from the face of the Earth, Hong Kong’s Asia Times Financial (ATF) reported Chinese state media are claiming Ma has “embraced supervision,” while Beijing’s army of Internet trolls denounces him as a greedy traitor.

Alibaba

China Launches Antitrust Probe of Tech Giant Alibaba

China’s State Administration for Market Regulation (SAMR), its top market regulation agency, announced the launch of an antitrust probe into tech giant Alibaba on Thursday. Outside observers saw the investigation as another element of the Communist elite nervously attempting to curtail the power of China’s richest man, Alibaba owner Jack Ma. 

This file photo taken on August 28, 2020 shows an employee working on a computer at the Al

Chinese City Considers Permanent Health Tracking System

The Chinese city of Hangzhou is considering proposals to make the smartphone-based coronavirus health tracking system permanent, expanding it to include factors such as how much sleep citizens are getting, how much alcohol they drink, and how frequently they exercise.

TOPSHOT - People wearing facemasks as a preventative measure following a coronavirus outbr