Alibaba - Page 2

Hong Kong’s 2020 Lunar New Year Parade Canceled for Being ‘Too Risky’

Organizers of Hong Kong’s Lunar New Year parade, a major annual event since 1996, announced it will not be held in 2020 because its route through an area that has seen a great deal of protest activity over the past five months is “too risky.” The parade will reportedly be replaced by a carnival, which would be stationary and easy to secure.

Performers take part in the annual Lunar New Year parade in the Kowloon district of Hong K

Amazon’s Plan to Take Over India

E-commerce giant Amazon is reportedly in talks to acquire a 26 percent stake in a massive Indian retailer allowing the company to dominate a $200 billion market.

Jeff Bezos

Jack Ma Urges Chinese to Have More Sex as Communists Face Population Collapse

Alibaba head and Chinese multimillionaire Jack Ma used remarks at his company’s annual mass wedding to encourage Chinese couples to have sex six times a week for “marathon” sessions, outlets reported on Tuesday, a message in tune with the Communist Party’s efforts to increase national fertility as the country faces a population death spiral.

Alibaba Group Founder and Executive Chairman Jack Ma gestures as he speaks during a sessio

The Long Knives Come Out for Yahoo’s CEO

Although Marissa Mayer has brought stability and mobile growth to Yahoo over the last three years, after the company went through four failed CEOs, activist hedge funds are bringing out the long knives to threaten dumping Mayer.

The Associated Press

Yahoo! Focused on Convincing Apple to Dump Google

Apple already has a strong relationship with Yahoo as the default data source on the iPhone for the device’s very slick stocks and weather apps. After Alibaba’s September public offering gave Yahoo billions in cash, Mayer appears willing to go to war with Google to bring search dominance back to Yahoo.

AP Photo/Michel Euler