SEARCH KEYWORD -- Wealth
Huateng Ma becomes the richest person in China
On 22 July, Licai Zhoubao, a famous wealth management media in China, released a ranking about Chinese most richest people. In this ranking, Tencent CEO, Huateng Ma for the first time becomes the richest person in China with 46.7 billion RMB(around $7.6 billion), his wealth was 35.4 billion RMB(around $5.76 billion) last year. That means his wealth increases 11.3 billion RMB($1.84 billion) in one year. In 2012, Tencent Corp had a revenue of 43.9 billion RMB(around $7.15 billion), which inc...
Tencent,WeChat,Huateng Ma 2013-07-22 08:55:13
Alibaba starts IPO procedure
According to Hong Kong East Daily, Alibaba has submitted its IPO application to Hong Kong Stock Exchange. This marks the beginning of Alibaba's IPO procedure. It's expected to be listed in October at the earliest. It's valued as between $80 billion and $100 billion. It may raise $20 billion this round. If Alibaba is listed successfully, this will be the highest fund raising company in HSE's history. There is news that Alibaba will spend $7 billion to buy back the shares owned by Yahoo. Yahoo re...
Jack Ma's interviews during Alibaba's IPO at NYSE
Alibaba has been listed on NYSE on 19 September. It becomes the largest IPO ever in the history of US stock exchange, larger than Facebook then the largest one. And after the trading closed on Friday, its share price closed at $93.89 per share, this makes it the second largest Internet company in the world following Google. Jack Ma, the founder of Alibaba, also becomes the richest person in China with a total wealth of $18.1 billion. He accepted interviews from different media during the IPO. Le...
The Wrong Inequality
We live in a polarizing society, so perhaps it’s inevitable that our experience of inequality should be polarized, too.In the first place, there is what you might call Blue Inequality. This is the kind experienced in New York City, Los Angeles, Boston, San Francisco, Seattle, Dallas, Houston and the District of Columbia. In these places, you see the top 1 percent of earners zooming upward, amassing more income and wealth. The economists Jon Bakija, Adam Cole and Bradley Heim have done the...
Inequality,Blue inequality,Career,Earning 2011-11-01 07:14:14
Former Microsoft Executive Vice President Qi Lu joins Baidu
Former Microsoft Executive Vice President Qi Lu joined Baidu(The largest search engine in China) on January 1, 2017. Qi will be group president and COO at Baidu. He will be in charge of Baidu's products, technology, sales and marketing and operations. And he will be the second most powerful person in Baidu just behind Robin Li, the founder and CEO of Baidu. At the same time, Robin Li will step away from daily operation of Baidu. In a statement, Robin Li said “Dr. Lu possesses a ...
It’s Not China; It’s Efficiency That Is Killing Our Jobs
The majority of wealth is now concentrated at the top of the social ladder. This is particularly true in the US, and the gap is widening every year. This, I believe, is because of efficiency, not China. Today the best ideas can efficiently and quickly propagate worldwide, and everyone can efficiently find them and buy them. This makes the owners of these ideas filthy rich, and those ideas that are not the best, can hardly survive. It’s not just transfer of information that is fast; wealth...
China,Efficiency,Job,Opportunity,Wealth 2011-10-23 11:43:18
5 Must See HTML5 Sites
With the release of the iPad, HTML5 technology has recently come into the spotlight. The format that will likely kill Adobe’s Flash is a lot of fun to use, but we’ve not seen much of it yet. The good news is that you don’t have to wait until the iPad is in your hands to see what HTML5 can do. If you have a compatible browser, there are already a wealth of sites that show off the capabilities. First, make sure that you have a browser that is capable of ...
How to Be an Optimist in a Pessimistic Time: A Techonomy Manifesto
Gapminder WorldIt’s no secret that technology is changing the world. Unfortunately, there are a surprising number of people who don’t get it. Many of them, even more unfortunately, are important leaders in business, other powerful instutitions, and governments. To meet the challenges that face us—whether as leaders of organizations, as leaders of countries, or as the global community addressing our collective challenge—we will only be successful if we unreservedly emb...
Technology,World,Evolution,Dominant 2011-11-21 03:00:33
How to choose effective colors to improve your website traffic
Don’t ever let anyone tell you that looks don’t matter and it’s what’s inside that counts. Would you be eager to open a present that does not seem too promising on the outside, even when knowing what it hides may pleasantly surprise you? Right – it’s about the whole package. It may be the content on the site that creates value and makes a visitor stop for longer, but the background that accompanies it definitely plays a major role, too. Now that you’re a...
Color,Web design 2014-10-06 13:35:08
Ask Bill Gates Anything: Being a Billionaire is Strange, Microsoft Co-Founder Tells Students
How’s the life of a billionaire? “Quite strange,†says Bill Gates, who fielded questions from University of Washington students on Thursday evening as part of a lecture on the future of computing.Gates’ talk, at a packed hall in the UW’s computer science building, focused on some areas where he thinks cheap, powerful computing will have a major impact on society, including education, disease, and robotics.Gates recalled spending time on the UW camp...
Bill Gate,Billionare,Rich,Advice,UW,Computing 2011-10-28 10:38:34
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