Posts filtered by tags: Jack Ma[x]


 

Tencent’s latest education push is a nod to new collaborative structure

When Tencent announced it had formed a new education brand this week, the internet giant wasn’t just flexing the muscles to conquer China’s booming online education sector. The new initiative is also an early result of Tencent’s long plan to foster more internal collaboration at a time when its core businesses, the lucrative video gaming segment and the billion-user WeChat, are under attack. Called ‘Tencent Education’, the new brand consists of 20 products across all six of the firm’s busines...
Tags: Messenger, Asia, Education, China, Tech, Alibaba, Tencent, WeChat, Alibaba Group, Jack Ma, Industrial Internet, Shenzhen, Taobao, Ma, Tong, Ma Huateng


Tencent CEO warns companies must keep innovating to survive amid US-China tensions

On Tuesday, Tencent’s usually low-profile founder and CEO Pony Ma made rare comments to weigh in on escalating tensions between the United States and China, calling domestic tech companies to build more self-reliance in a bid to stay competitive. “China has come to the forefront of development. There is less and less room for taking the best from outside and improving on them. As the ZTE and Huawei cases have intensified recently, we are also constantly watching whether the trade war will ...
Tags: Google, Asia, Government, China, US, Tech, Ceo, Intel, Smartphone, United States, Alibaba, Tencent, Huawei, Jack Ma, Qualcomm, ZTE


WIRTW #553 (the “669” edition)

Jack Ma, the founder of Alibaba (China’s answer to Amazon), claims that he has cracked the formula to a happy and productive workforce. His answer? 669. What does that mean? According to The Telegraph— “We want 669 in life. What is 669? Six times in six days; the emphasis is on nine,” he said at a company gathering, referring to sex, and using a play on words, as the word “nine” in Mandarin is a homophone for the word “long.” He wants his employees to have long sex six ti...
Tags: Amazon, Law, Elizabeth Warren, Delta, Ada, Jack Ma, Nlrb, Bernie Sanders, Joe, Robin Shea, EEOC, Eric Meyer, Wikimedia Commons, OSHA, Bonn Germany, FMLA


Some of China's '996' Tech Tribe Quit, Seek Less Stress

An increasingly growing number of millennials in China are beginning to question the value of working long hours in the tech sector and deviate from the longstanding 996 work environment (working 9am to 9pm for six days a week) that many local companies religiously follow. From a report: In April, protests from tech employees against excessive overtime surfaced online, sparking an equal pushback from industry magnates such as billionaire Jack Ma of e-commerce giant Alibaba. The protests point to...
Tags: China, San Francisco, Tech, United States, Alibaba, Silicon Valley, North America, Sequoia Capital, Jack Ma, Ma, Mike Moritz, Maimai, Rui Ma


Alibaba founder Jack Ma tells staff to have sex 'six times in six days'

One of China's wealthiest men, Jack Ma, founder of tech giant Alibaba, is urging his employees to have more sex in pursuit of a better work-life balance.Ma gave a light-hearted speech at an event at which dozens of Alibaba couples... [Author: [email protected]]
Tags: Business, China, Alibaba, Jack Ma, Ma


Alibaba founder Jack Ma's tells staff to have sex 'six times in six days'

One of China's wealthiest men, Jack Ma, founder of tech giant Alibaba, is urging his employees to have more sex in pursuit of a better work-life balance.Ma gave a light-hearted speech at an event at which dozens of Alibaba couples... [Author: [email protected]]
Tags: Business, China, Alibaba, Jack Ma, Ma


10 things in tech you need to know today

Good morning! This is the tech news you need to know this Tuesday. Facebook rushed to patch a security flaw in WhatsApp that allows attackers to inject spyware onto phones. The Financial Times reported that hackers had already hijacked WhatsApp calls to run the malware, which can eavesdrop on calls and access photos and the camera. The US Supreme Court ruled against Apple in a case centred on the App Store. Justices voted to allow a class-action lawsuit from consumers who accused Apple of mono...
Tags: Apple, Google, Facebook, Mark Zuckerberg, US, Trends, Canada, United States, Washington Dc, Alibaba, Reddit, Silicon Valley, Wikileaks, Seattle, Huawei, Jack Ma


Jack Ma told Alibaba staff to have lots of sex at a mass wedding celebration for his employees

Alibaba CEO Jack Ma attended a mass wedding for his employees on Friday. At the wedding, Ma made a pun on China's infamously gruelling "996" work week which he advocates. Ma told the employees that while in work they should adhere to 996, in life they should follow "669," which he described as: "Six days, six times, with duration being the key." Visit Business Insider's homepage for more stories. Chinese billionaire and Alibaba owner, Jack Ma, attended a company mass "wedding" on Friday, tell...
Tags: China, US, Trends, Alibaba, Jack Ma, Weibo, Ma, South China Morning Post, KPI, Disney Plus, Technode Ma


Jack Ma told Alibaba staff to have lots of sex at a mass wedding for his employees

Alibaba CEO Jack Ma attended a mass wedding for his employees on Friday. At the wedding, Ma made a pun on China's infamously gruelling "996" work week which he advocates. Ma told the employees that while in work they should adhere to 996, in life they should follow "669," which he described as: "Six days, six times, with duration being the key." Visit Business Insider's homepage for more stories. Chinese billionaire and Alibaba owner, Jack Ma, attended a company mass wedding on Friday, tellin...
Tags: China, US, Trends, Alibaba, Jack Ma, Weibo, Ma, South China Morning Post, KPI, Technode Ma


Four-day week pioneer Andrew Barnes slams Elon Musk and Jack Ma for 'backward thinking'

Tech giants and company founders who expect staff to work 12-hour days hold "backward" and "outdated" views on productivity, four-day-week advocate Andrew Barnes says.Barnes, who founded Perpetual Guardian and successfully implemented... [Author: [email protected]]
Tags: Business, Elon Musk, Jack Ma, Barnes, Andrew Barnes, Perpetual Guardian


Elon Musk and Jack Ma's work mantra shocks

What do Tesla founder Elon Musk and China's second-richest man Jack Ma have in common? As well as owning multibillion-dollar companies, they believe that people should work excessive hours — preferably between 72 and 100 hours a week.Earlier... [Author: [email protected]]
Tags: Business, Elon Musk, China, Tesla, Jack Ma


Jack Ma is very very very wrong about the 996 rule

Jack Ma, the billionaire founder of Chinese tech company Alibaba, has come out in favor of the so-called 996 rule, i.e. that you should work from 9am to 9pm 6 days a week if you want to have a successful career. For anyone doing the math that’s 72 hours of work a week. Add a 1 hour commute on top of that and there’s very little time left for your family, kids, hobbies, exercise, His belief in this is unshakeable: “I personally think that 996 is a huge blessing,” he said. “How do you achieve ...
Tags: Productivity, Leadership, US, Careers, Joe Biden, Alibaba, Github, Jack Ma, Don, Daniel Kahneman, Kahneman, Bendy, Happy At Work, Best of site, Overwork, Zach Holman


A group of Microsoft and GitHub employees have come out in support of Chinese tech workers protesting the infamous '996' work hours (MSFT)

On Monday, a group of Microsoft and GitHub employees published an open letter to show their support for a project called 996.ICU, which protests a harsh tech working culture in China. The name of the project is a reference to the idea that many tech workers work 9 a.m. to 9 p.m., six days a week, even though such practices are illegal in China. Employees decided to publish this letter because they were concerned that Microsoft is facing pressure to take down this project. Visit Business Inside...
Tags: Google, Amazon, Microsoft, China, Trends, Iran, Fbi, Alibaba, Tencent, Github, Jack Ma, Business Insider, Trump, Reuters, Tencent Alibaba, Sarah Sanders


Microsoft workers decry grueling '996' working standard at Chinese tech firms

A letter on Github demanded companies comply with labor laws, limiting workers to 40 hours a week versus a 12-hour day standardMicrosoft employees have published a letter on the software development platform Github in solidarity with tech workers in China.Workers at tech companies in the country have used the Microsoft-owned platform to complain about grueling working conditions and the “996” standard in the industry, a philosophy endorsed by the tech billionaire Jack Ma. The name is based on th...
Tags: Business, Technology, Protest, Microsoft, China, Alibaba, Huawei, Github, Jack Ma


Microsoft and GitHub Workers Take a Stand Against Grueling, Inhumane '996' Culture in China

For tech workers in China, a brutal work schedule of 9am to 9pm, 6 days a week (usually just called “996") is not only commonplace, it’s been hailed as “a huge blessing” by the likes of Alibaba’s eccentric and fantastically wealthy taskmaster, Jack Ma. Read more...
Tags: Science, Microsoft, Labor, China, Alibaba, Github, Jack Ma, Labor Abuse, Jack Ma Read


Elderly folks now outnumber children younger than 5 for first time ever

For the first time in recorded history, there are more over-65s than under-5s.Aging populations worry economists that certain countries will undergo profound financial stress. Yet the current distribution of resources does not allow for further population explosion. None In 1979, the Chinese government decided to implement its infamous one-child policy, which was actually a revision of the nation's two-child policy. Beginning in the '50s, China installed safeguards to protect against an unsusta...
Tags: Japan, China, Aging, Economics, Sustainability, Innovation, United Nations, Population, Alibaba Group, Jack Ma, Social Change, Derek, Ma, Global Issues


Alibaba head's remarks spark debate over China working hours

BEIJING (AP) — Chinese e-commerce tycoon Jack Ma has long been an example of how the power of big dreams, strong leadership and sheer elbow grease can create massive fortunes in China's go-go economy.
Tags: News, China, Ap, Beijing, Alibaba, Jack Ma


Alibaba head’s remarks spark debate over China working hours

BEIJING (AP) — Remarks by the head of Chinese online business giant Alibaba that young people should work 12-hour days, six days a week if they want financial success have prompted a public debate over work-life balance in the country. Jack Ma is one of China’s richest men and his comments last week brought both […]
Tags: Business, News, China, Beijing, Nation, Alibaba, Jack Ma, Nation & World


10 things in tech you need to know today

Good morning! This is the tech news you need to know this Wednesday. Netflix posted its biggest quarter ever for paid subscriber growth, adding 9.6 million net paid subscribers globally. But the company's guidance for subscriber growth was weaker for the second quarter than Wall Street expected, sending the stock sliding. Apple and Qualcomm settled their patent dispute, sending Qualcomm's share price up. The pair have agreed to drop all litigation, and Apple will buy Qualcomm chips for the iPh...
Tags: Apple, Google, Amazon, Facebook, Uber, Mark Zuckerberg, Twitter, UK, Saudi Arabia, China, India, Nbc News, Trends, Intel, Netflix, Alibaba


Student sues JD.com’s billionaire CEO Richard Liu for alleged rape

A Chinese student has filed a lawsuit against JD.com founder and chief executive Richard Liu, alleging the billionaire businessman raped her in Minnesota back in August, four months after local prosecutors decided not to press charges. The lawsuit, which was filed in Hennepin County on Tuesday, is seeking damages of more than $50,000. It identifies the student as Jingyao Liu (not related to Richard Liu), an undergraduate student at the University of Minnesota. JD did not immediately respon...
Tags: Asia, Lawsuit, Minnesota, China, Tech, Companies, Alibaba, JD.com, Hogan Lovells, Jack Ma, Weibo, Liu, University of Minnesota, Hennepin County, Peter Walsh, Michael Freeman


While CEOs like Jack Ma and Elon Musk praise grueling job schedules, employees around the world are demanding shorter workweeks

Jack Ma recently advocated for China's "996" workweek, amid protests from employees criticizing the schedule. While Ma and other tech CEOs like Elon Musk and Jeff Bezos advocate for working longer hours, research finds that excessive overtime endangers employees and does not make them more productive.  Visit BusinessInsider.com for more stories. Chinese billionaire Jack Ma recently said people who work 72-hour workweeks are "blessed" — but productivity experts and employees themselves beg to ...
Tags: Japan, Elon Musk, Sweden, China, Trends, Research, Alibaba, New Zealand, Kylie Jenner, Jeff Bezos, Jack Ma, Tencent Holdings, Reuters, Ma, South China Morning Post, Wall Street Journal While Ma


Alibaba's South China Morning Post is staffing up in the US as part of a global expansion

Alibaba's South China Morning Post is looking to expand in the US. The publication, based in Hong Kong, believes that the time is right because China-US trade talks and interest in them are heating up. It's already launched three US sites aimed at young readers and is on the hunt for a US marketing director. Visit Business Insider's homepage for more stories. When Alibaba bought the South China Morning Post in 2015, CEO Jack Ma said his goal was to make his new business a "global media outlet...
Tags: Amazon, Asia, Hong Kong, Post, UK, New York, China, US, America, Trends, Netflix, Daily Mail, Alibaba, Columbia University, Jeff Bezos, North America


Tianhong, controlled by Jack Ma's Ant Financial, seeks diversification outside China

China's Tianhong Asset Management Co, controlled by Jack Ma's Ant Financial Group, is stepping up the expansion of its cross-border business as regulatory curbs check the growth of its giant Yu'e Bao fund at home, a senior executive said on Tuesday.
Tags: Money, China, businessNews, Jack Ma, Yu, Bao, Ant Financial Group, Tianhong Asset Management Co


Facebook staff followed CNN camera crews to the bathroom over fears they would spy after the worst scandal in its history

An investigation by Wired published Tuesday said Facebook employees were asked to monitor a CNN camera crew during an interview with CEO Mark Zuckerberg last year after news of the Cambridge Analytica scandal broke. Employees were told to follow the crew members to the bathroom and treated them as "potential spies," Wired said. Facebook told Wired that this was not company protocol. Visit BusinessInsider.com for more stories. A bombshell report from Wired investigating 15 months of hell for F...
Tags: Facebook, Mark Zuckerberg, Trends, Cnn, Nintendo, Cbs, Pbs, Jack Ma, Zuckerberg, Trump, Facebookers, Laurie Segall, Cambridge Analytica, Sheryl Sandberg Facebook, Christopher Wylie, Mark Zuckerberg Wired


Facebook staff followed CNN camera crew to the bathroom over fears they would spy after the worst scandal in its history

An investigation by Wired reveals how Facebook employees were asked to monitor a CNN camera crew during an interview with Mark Zuckerberg after the Cambridge Analytica scandal broke. These employees were told to follow the crew to the bathroom and treated them as "potential spies" during the encounter, Wired wrote. Facebook said this was not company protocol. Visit BusinessInsider.com for more stories. A bombshell report from Wired, investigating 15 months from hell for Facebook, reveals how ...
Tags: Facebook, Mark Zuckerberg, Trends, Cnn, Cbs, Pbs, Jack Ma, Zuckerberg, Samsung Galaxy, Trump, Facebookers, Laurie Segall, Cambridge Analytica, Sheryl Sandberg COO, Christopher Wylie, Mark Zuckerberg Wired


Chinese tech billionaire Jack Ma says it's a 'blessing' for his staff to work gruelling 12-hour shifts, 6 days a week

Alibaba cofounder and chairman, Jack Ma, came out in support of China's gruelling working hours in a speech to employees on Thursday. He referred to China's infamous "996" schedule – a 9 a.m. to 9 p.m. workday, six days a week – as being a "blessing" for young workers. Ma's comments were supported by Richard Liu, the billionaire founder and CEO of Chinese ecommerce giant JD.com. Visit BusinessInsider.com for more stories. Chinese tech billionaire Jack Ma endorsed China's gruelling work hours ...
Tags: Amazon, Elon Musk, China, Trends, Bloomberg, Alibaba, Jack Ma, Cnbc, Forbes, Reuters, Ma, Liu, Watch Google, Richard Liu


Chinese tech billionaire Jack Ma says it's a 'blessing' for his staff to be working gruelling 12-hour shifts, 6 days a week

Alibaba cofounder and chairman, Jack Ma, came out in support of China's gruelling working hours in a speech to employees on Thursday. He referred to China's infamous "996" schedule – a 9 a.m. to 9 p.m. workday, six days a week – as being a "blessing" for young workers. Ma's comments were supported by Richard Liu, the billionaire founder and CEO of Chinese ecommerce giant JD.com. Visit BusinessInsider.com for more stories. Chinese tech billionaire Jack Ma endorsed China's gruelling work hours ...
Tags: Amazon, Elon Musk, China, Trends, Bloomberg, Alibaba, Jack Ma, Cnbc, Forbes, Reuters, Louis Vuitton, Ma, Liu, Richard Liu


Alibaba founder Jack Ma backtracks over 'inhumane' workweek comments

Alibaba founder Jack Ma has walked back comments suggesting gruelling 12-hour work days common in China's tech and internet industries were a "blessing".The billionaire last week came out in support of the so-called "996 system"... [Author: [email protected]]
Tags: Business, China, Alibaba, Jack Ma


Jack Ma endorses China's controversial 12 hours a day, 6 days a week work culture

One of China's richest men has drawn criticism after endorsing a culture of 12-hour workdays in the country's red-hot tech industry.
Tags: China, Cnn, Jack Ma


Jack Ma defends the 'blessing' of a 12-hour working day

Alibaba's billionaire founder sparked intense debate after pressing for a 9am to 9pm working day and a six-day week.
Tags: Business, Alibaba, Jack Ma