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Jack Ma retires from Alibaba today
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 out...
ALIBABA,RETIREMENT,JACK MA,NEWS,CHAIRMAN 2019-09-10 09:24:43
Bill Gates : Ctrl+Alt+Del was a mistake
Microsoft chairman Bill Gates admitted that Ctrl+Alt+Del command was a mistake when he was in a fund raising campaign at Harvard University last week. This command was initially designed to reboot the system. David Rubenstein, the Harvard fund raising campaign chairman, asked Bill Gates : "Why when I turn on my software or computer do I need to have my three fingers to press control,alt and delete? Whose idea was that?" The answer given by Bill Gates is : "Basically because when you turn your co...
Bill Gates,Ctrl-Alt-Del,Mistake 2013-09-26 23:28:37
10 advice from Jack Ma on success
Jack Ma, the founder and executive chairman of the biggest e-commerce website Alibaba.com in China, started his business with $20,000 that his wife and friends helped him raise. He is the first mainland Chinese entrepreneur to appear on the cover of Forbes. He is the richest man in mainland China with net worth of $22.5 billion. During these years of running Alibaba Group, Jack Ma summarized 10 advice for success, these advice are coming from his experience and mistakes he made. ...
The big four in Taiwan can compete with Samsung
Taiwan's IT industry has a tense competition with South Korea, TSMC chairman Morris Chang said that although Samsung Electronics is a powerful opponent, ,there is only one Samsung in South Korean; in contrast, Taiwan has the TSMC, HTC, MediaTek and Hon Hai, they can challenge Samsung altogether.Morris Chang pointed out that Samsung Electronics is the company with biggest market capitalization in South Korea, the market value is roughly $200 billion; but the second largest company in S...
Understand how Larry Page leads Google judging by what he says
Larry Page is the head of one of the world's greatest companies : Google. For a long period of time, Page and the other co-founder Sergey Brin managed the company together. In 2001, Eric Schmidt took over the company, became Google's chairman and CEO. Until 2011, Page replaced Schmidt as the company's CEO.Page has undoubtedly played a pivotal role in Google's development. How did he push Google to today's height? Some of his quotations might be able to give the answer to this question. In my op...
Larry Page, Google,Quotation 2012-12-09 11:26:59
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...
Steve Ballmer will retire from Microsoft within one year
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...
Microsoft,CEO,Retirement 2013-08-23 08:34:10
Alibaba launches NASA program
On March 9, the China E-Commerce giant Alibaba held its first internal tech conference in its headquarter Hangzhou. During this conference, Jack Ma, Alibaba founder, announced a new program code named "NASA" which aims to build up technologies serving 2 billion people in next 20 years by forming independent and powerful R&D department. On March 13, Alibaba formerly announced this program to the public. The research area of this program would include machine learning, chi...
Lenovo becomes the king of PC
According to Sina Tech, Data from market research firm IDC and Gartner shows that Lenovo defeats Hewlett-Packard to become the largest PC manufacturer in the world In the second quarter , global PC shipments dropped by 11%, the fifth consecutive quarter of decline.In October 2012, Gartner ranked Lenovo as the world's largest PC manufacturer, but IDC data ranked HP as the largest PC manufacturer. However, the rank of largest PC manufacturer between IDC and Gartner has no difference this time.Gar...
The birth story of Tesla Motors
Tesla Motors was incorporated in July, 2003 by Martin Eberhard and Marc Tarpenning, who financed the company until the Series A round of funding. Elon Musk led the Series A round of investment in February, 2004, joining Tesla's Board of Directors as its Chairman. Tesla Motors becomes one of the most promising companies in US, even in the world. Its founders become heroes of many people. The electric cars designed and manufactured by Tesla Motors brought the revolution to the automob...
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