Jack Ma, Alibaba founder and chairman, retires today. Today is the Teacher's day in China and also the 20th anniversary of Alibaba. It's a special day and also a memorable day for all Alibaba employees including employee No.1 Jack Ma.Ma steps down as chairman today as he promised 10 years ago when he was 45. Just a few years back in 2013, he left his position as Alibaba CEO. His successor will be Daniel Zhang who is the current CEO of Alibaba. After today, Jack will start his new life outside of Alibaba as he mentioned. He would invest more effort and time on other areas like education, c...

Microsoft today announced on its official website that CEO Steve Ballmer will retire from Microsoft with 12 months. But he will remain as the CEO until the successor is named.Steve Ballmer commented on his retirement as :There is never a perfect time for this type of transition, but now is the right time, We have embarked on a new strategy with a new organization and we have an amazing Senior Leadership Team. My original thoughts on timing would have had my retirement happen in the middle of our company’s transformation to a devices and services company. We need a CEO who will be here lo...