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Dont call beijing. They dont call moscow. They call us. Logan its the biggest story on wall street. Alibaba, the chinese internet giant, went public to become one of the most valuable companies in the world, and its all the vision of this man, jack ma. If you want to invest in us, we believe customer number one, employee number two, shareholder number three. If they dont want the buy it, thats fine. If they regret, sell us. Logan in the u. S. , the shareholder is usually first. Yeah. And i think theyre wrong. Im steve kroft. Im lesley stahl. Im bob simon. Im lara logan. Im bill whitaker. Im scott pelley. Those stories tonight on 60 minutes. With a control pad that can read your handwriting, a widescreen multimedia center, and a headup display for enhanced driver focus. All inside a newly redesigned cabin of unrivaled style and comfort. The allnew cclass. At the very touch point of performance and innovation. At the very touch point of performance and innovation. And this is the iphone 6 plus. They come with a thing called health, so they can help you track a lot of stuff. Like today, i walked 3. 8 miles. Well, i ran 4. 2 miles. Well, i climbed 11 flights of stairs. Well, i drank a smoothie that had 362 calories in it. Well, i had a funnel cake that had 1230 calories in it. You know thats not good, right . It was good. It was delicious. I wish. Please, please, please, please, please. [ male announcer ] the wish we wish above all. Is health. So we quit selling cigarettes in our cvs pharmacies. Expanded minuteclinic, for walkin medical care. And created programs that encourage people to take their medications regularly. Introducing cvs health. A new purpose. A new promise. To help all those wishes come true. Cvs health. Because health is everything. Im on expert on softball. And tea parties. Ill have more awkward conversations than im equipped for, because im raising two girls on my own. Ill worry about the economy more than a few times before theyre grown. But its for them, so ive found a way. Who matters most to you says the most about you. At massmutual were owned by our policyowners, and they matter most to us. Ready to plan for your future . Well help you get there. How do commercials work . You need a team, working together, doing all kinds of jobs. See these people . Theyre not acting. Theyre real professionals. And we hired them all on the site where more people get jobs than anywhere else. Indeed. The worlds 1 job site. Kroft last week was a long and momentous one in the presidency of barack obama. On monday, he began a Bombing Campaign with members of an International Coalition against isis and other terrorist targets in syria, while continuing air strikes in northern iraq. On wednesday, he addressed the United Nations and laid out his case in the strongest terms for International Action against muslim extremists. By thursday, his antiisis coalition had grown to more than 60 members, ranging from the saudis, jordanians, emiratis and europeans who flew missions, to the irish and swedes who wrote checks, to the bulgarians and egyptians who wished us well. On friday, he was back in the white house where he met us in the diplomatic Reception Room for a conversation that ranged from Terror Networks to the american economy. A lot of things going on in the world right now. A lot of them bad. You run into people on the street and they say the world is falling apart. You got syria. Youve got iraq. Youve got ukraine. Youve got ebola. Is this the most difficult period of your presidency, the biggest challenge of your presidency, this period were in right now . President obama its a significant period. But if you think about what i walked into when i came into office, we had not only two wars still active, but we also had a world Financial System which was becoming unraveling. And we were losing 800,000 jobs a month. So, you know, weve had challenges before. And weve overcome them. Thats not to downplay the serious challenges that we do face right now, mostly internationally. Kroft you spent most of your time in office trying to get the United States out of military entanglements. And last year at the United Nations, you noted that we were out of iraq and unwinding our position inin afghanistan. And this year, it. And in your state of the union message, you said, i quote, america must move off of permanent war footing. But it feels once again like we are on one. President obama well, i distinguished, steve, between counterterrorism and the sort of occupying armies that characterized the iraq and afghan war. Thats very different from us having 150,000 troops in iraq on the ground or 60,000 in afghanistan. Kroft are you saying that this is not really a war . President obama well, what im saying is that we are assisting iraq in a very real battle thats taking place on their soil, with their troops. But we are providing air support. And it is in our interest to do that because isil represents sort of a hybrid of not just the terrorist network, but one with territorial ambitions, and some of the strategy and tactics of an army. This is not america against isil, this is america leading the International Community to assist a country with whom we have a Security Partnership with, to make sure that they are able to take care of their business. Kroft two years ago, in the. In the white house, in this building, you told me. You talked about al qaeda being decimated. You talked about al qaeda being back on its heels. Two years later, youve got al qaeda affiliates and al qaeda offshoots controlling huge chunks of both iraq and syria. And you have militant. Militias, Islamic Radical militias in control of libya. President obama if youll recall, steve, you had an International Network in al qaeda between afghanistan and pakistan, headed by bin laden. And that structure we have rendered ineffective. But what i also said and this was two years ago and a year ago is that you have regional groups with regional ambitions and territorial ambitions. And what also has not changed is the kind of violent, ideologically driven extremism that has taken root in too much of the muslim world. And this week in my speech to the United Nations general assembly, i made very clear we are not at war against islam. Islam is a religion that preaches peace and the overwhelming majority of muslims are peaceful. But in the muslim world right now, there is a cancer that has grown for too long that suggests that it is acceptable to kill innocent people who worship a different god. And that kind of extremism, unfortunately, means that were gonna see for some time the possibility that in a whole bunch of different countries, radical groups may spring up, particularly in countries that are still relatively fragile, where you had sectarian tensions, where you dont have a strong state security apparatus. Thats why what we have to do is rather than play whackamole and send u. S. Troops wherever this occurs, we have to build strong partnerships. We have to get the International Community to recognize this is a problem. Weve got to get arab and Muslim Leaders to say very clearly, these folks do not represent us. They do not represent islam and to speak out forcefully against them. Kroft i understand all the caveats about these regional groups. But this is. This is what, an army of 40,000 people, according to some of the military estimates i heard the other day, very welltrained, very motivated. President obama well, part of it was that. Kroft what. How did this get. How did they. How did they end up where they are in control of so much territory . Was that a complete surprise to you . President obama well, i think our head of the intelligence community, jim clapper, has acknowledged that i think they underestimated what had been taking place in syria. Kroft i mean, hehe didnt say that. Just say that, we underestimated isil. He said, we overestimated the ability and the will of our allies, the iraqi army, to fight. President obama thats true. Thats absolutely true. And i. And. And. Kroft and these are the people that were now expecting to carry on the fight. President obama well, heres what happened in iraq. When we left, we had left them a democracy that was intact, a military that was wellequipped, and the ability then to chart their own course. And that opportunity was squandered over the course of five years or so because the prime minister, maliki, was much more interested in consolidating his shia base and very suspicious of the sunnis and the kurds, who make up the other two thirds of the country. So what you. What you did not see was a government that had built a sense of national unity. And if you dont have. Kroft or an army. President obama an army that feels committed to the nation as opposed to a particular sect. Now the good news is that the new prime minister, abadi, who i met with this week, so far at least has sent all the right signals. And thats why it goes back to what i said before, steve, we cant do this for them. We cannot do this for them, because its not just a military problem, it is a political problem. And if we make the mistake of simply sending u. S. Troops back in, we can maintain peace for a while. But unless there is a change in how, not just iraq, but countries like syria and some of the other countries in the region, think about what political accommodation means, think about what tolerance means. Kroft and you think we can teach them that . President obama well, i think theres going to be a generational challenge. I dont think that this is something thats going to happen overnight. They have now created an environment in which young men are more concerned whether theyre shia or sunni rather than whether they are getting a good education or whether they are able to, you know, have a good job. Many of them are poor. Many of them are illiterate and are therefore more subject to these kinds of ideological appeals. And, you know, the beginning of the solution for the entire middle east is going to be a transformation in how these countries teach their youth. What our military operations can do is to just check and roll back these networks as they appear and make sure that the time in space is provided for a new way of doing things to begin to take root. But its gonna take some time. And in the meantime, what i can. Kroft youre saying. Youre saying buy them time so they can get their act together . President obama yeah, but in the meantime, its not just buy them time, its also making sure that americans are protected, that our allies are protected. Kroft youve acknowledged or you said that the Iraqi Government, the new Iraqi Government is making great progress or making some. President obama some progress. Kroft . Progress. President obama i wouldnt say great yet. Kroft they have a new prime minister. They have a new administration. What its not produced is any sort of enthusiasm or much enthusiasm on the part of the disaffected sunni majority. President obama its going to take. Its going to take time. Kroft theyre not. Theyre not. They havent. Theyre not lining up to go and join the iraqi army. President obama well, look, the mistrust has been built up over time. His instincts are right. Whether he can pull it off is something that is going to be a great challenge. And weve got to give him all the support that we can in this process. The good news is that you have an unprecedented International Coalition that is serious about this. Not only do we have arab states participating in air strikes for the first time in a very long time and being very serious about their commitment but youve got the united kingdom, youve got france, belgium. Kroft i think everybody applauds the efforts that youve made and the size of the coalition that has been assembled. But most of them are. Most of them are. Have contri. Are contributing money or training or policing the borders, not getting particularly close to the. To the contact. It looks like once again we are leading the operation. We are carrying. President obama steve, thats always the case. Thats always the case. America leads. Wewe are the indispensable nation. We have capacity no one else has. Our military is the best in the history of the world. And when trouble comes up anywhere in the world, they dont call beijing, they dont call moscow, they call us. Thats the deal. Kroft i mean, it looks like we are doing 90 . President obama steve, there is not an iss. When theres a typhoon in the philippines, take a look at whos helping the philippines deal with that situation. When theres an earthquake in haiti, take a look at whos leading the charge and making sure haiti can rebuild. Thats how we. Thatthats how we roll. And thats what makes this america. Kroft but youve said that we are not going to be the shiite air force. Were not gonna be the Kurdistan Air force. Im not gonna be the iraqi air force. But, in effect, with the allies, thats what we have become. We have become the iraqi air force. President obama with the allies, with their ground troops, and if we do our job right and the iraqis fight, then over time our role can slow down and taper off. And their role reasserts itself. But all that depends, steve. And im. Nobodys clearer than i am about this. That the iraqis have to be willing to fight. And they have to be willing to fight in a nonsectarian way shia, sunni, and kurd alongside each other against this cancer in their midst. Kroft what happens if the iraqis dont fight or cant fight . President obama well. Kroft whats the endgame . President obama im not going to speculate on failure at the moment. Were just getting started. Lets see how they do. I think that right now, weve got a Campaign Plan that has a strong chance for success in iraq. I think syria is a more challenging situation. Syria is more challenging because the u. S. Has few viable allies on the ground there. The regime of Bashir Al Assad is fighting isis but the u. S. Wants assad deposed for committing horrific crimes against his own people and other opposition groups like the al nusra front and a terrorist cell called khorasan, which was plotting attacks against europe, and are both affiliated with al qaeda. The coalition is hoping to train 5,000 moderate syrian fighters in saudi arabia. Kroft is there a moderate Syrian Opposition . President obama there is. But right now, it doesnt control much territory. It has been squeezed between isil on the one hand and the assad regime on the other. Kroft these are the people that you said, the farmers, the doctors, the pharmacists, who stood no chance of overthrowing the government. President obama well keep in mind two years ago, that was absolutely true. This is in response to the mythology thats evolved that somehow if we had given those folks some guns twoandahalf years ago, that syria would be fine. And the point that i made then, which is absolutely true, is that for us to just start arming inexperienced fighters who we hadnt vetted, so we didnt know and couldnt sort out very well whos potentially isil or al nusra member and who is somebody that were going to work with. For us to just go blind on that would have been counterproductive and would not have helped the situation. But we also would have committed us to a much more significant role inside of syria. Kroft you said that we need to get rid of assad. And while we saying. While were saying we have to get rid of assad, we are also bombing and trying to take out some of the. His most threatening opponents andand the. President obama i recognize the. I recognize. Kroft and the beneficiary of this is assad. President obama i recognize the contradiction in a contradic. Contradictory land and a contradictory circumstance. We are. We are not going to stabilize syria under the rule of assad, because the sunni areas inside of syria view assad as having carried out terrible atrocities. The world has seen them. Hundreds of thousands of people have been killed. Millions have been displaced. So for a longterm political settlement, for syria to remain unified, it is not possible that assad presides over that entire process. On the other hand, in terms of immediate threats to the United States, isil, khorasan group, those folks could kill americans. And so. Kroft theyre more important than assad at this point. Thats what youre saying. President obama what im saying is that theyre all connected, but theres a more immediate concern that has to be dealt with. Kroft you know, youve said no american group. No americans. No american boots on the ground. No combat troops on the ground. Weve got 1,600 troops there. President obama we do. Kroft some of them are going to be out. Embedded with iraqi units. President obama well, theyre in harms way in the sense that any time theyre in war theatre, its dangerous. So i dont want to downplay the fact that theyre in a war environment and there are Hostile Forces on the other side. But. Kroft and they participated in combat operations. President obama well, theres a difference between them advising and assisting iraqis who are fighting versus a situation in which we got our marines and our soldiers out there taking shots and shooting back. Kroft when we come back, president obama looks at americas troubled relationship with russia, his own economic record and his partys prospects in the midterm elections. Weve heard that over 4 hundred million Vacation Days go unused every year. Thats the stupidest thing ive ever heard. Theyre paid Vacation Days. If you guys agreed to travel more well all do better in school. Well have a better understanding of other cultures. I will learn to parler francais. Oui oui. Were not asking for much we just want one more day. One more day for help planning your one more day, contact mastercard Concierge Services or download our new app. Because one more day is priceless. The all new, head turning cadillac ats coupe. Its irresistible. Feel like a knot. How can i ease this pain . man when i cant go, its like bricks piling up. I wish i could find some relief. announcer ask your doctor about linzess a oncedaily capsule for adults with ibs with constipation or chronic idiopathic constipation. Linzess is thought to help calm painsensing nerves and accelerate bowel movements. It helps you proactively manage your symptoms. Do not give linzess to children under 6, and it should not be given to children 6 to 17. It may harm them. Dont take linzess if you have a bowel blockage. Get immediate help if you develop unusual or severe stomach pain especially with bloody or black stools the most common side effect is diarrhea, sometimes severe. If its severe, stop taking linzess and call your doctor right away. Other side effects include gas, stomacharea pain and swelling. Bottom line, ask your doctor about linzess today. Kroft the air war against isis terrorists in syria and iraq isnt the only International Crisis facing president obama. There is the Ebola Outbreak in west africa, to which he has committed up to 3,000 u. S. Troops and mobilized an air transport system to help contain the epidemic, which threatens to infect 1. 4 Million People by early next year. And then, theres the continuing confrontation with russia over its incursions into the ukraine. Its created a faceoff with russian president Vladimir Putin that has sent relations between the United States and russia into a state of tension not seen in decades. We have a very complicated situation going on right now between nato and russia. Whats your relationship with president putin . Do you have a personal relationship . President obama well, ive always had a businesslike relationship with him and its blunt and its firm. And what ive said from the outset is that russian aggression, violating the sovereignty and territorial integrity of a smaller or weaker country, violates International Norms and is contrary to all the progress thats been made in creating a peaceful and prosperous europe after world war ii and then after the cold war period. And, you know, the good news is, because of american leadership, we have been able to impose a cost on mr. Putin. Weve put together sanctions that have hurt their economy, that have given them cause. We now are in a situation in which a ceasefire has been brokered. It is still tentative between the ukrainian separatists, russia and ukraine. There was an agreement announced today that, in fact, russian gas would still be sold to ukraine so that theyre not going to freeze this winter. There is the possibility of a political solution. None of that would have happened, though, unless we took a firm line that what russia did was wrong. And then still leave them the possibility of taking a different path. And thats always been my relationship with putin and the russian people. What i. You are a great country with incredible talent and incredible traditions. And if you focus on your engineering talent and your mathematical talents and growing your economy, then by definition, russias gonna be a great power in this world. Kroft do you think. Do you think theres any chance of going. Of a military confrontation between nato and russia and ukraine . President obama no, i dont think theres going to be a military confrontation between nato and russia, although we have worked very hard to reassure our nato allies on the front lines, including some smaller Baltic States like estonia, where i visited before the nato summit in wales, that article five of the nato treaty means what it says. We come to the aid and assistance, so if you mess with the nato country, then there will be a military confrontation. And putin understands that. But i do think theres a possibility of russia moving in a better direction. Unfortunately, whats happened is that putin, who i think was caught offguard initially with the protest inside of ukraine and improvised to try to figure out how he was going to keep ukraine in his orbit as you state propaganda inside of russia to whip up national sentiment, its been good for his poll numbers. Been very bad for his economy and its bad for russias future. And part of what ive said to him privately and what ive said publicly is, you know, thats a blind alley for you. Go back to trying to abide by International Norms and itll be better for the russian people and itll certainly be better for europe. Were not looking for confrontation, but were gonna be very firm about the principles at stake. Kroft all of this going on less than six weeks before midterm Congressional Elections that promise to be in part a referendum on his leadership. Right now Public Opinion polls show a majority of americans disapprove of his handling of Foreign Policy and the economy. Youve got midterm elections coming up. Are you going to get shellacked . President obama laughs well. Kroft or do you think that. I mean, do you. Are you optimistic . What are the issues and what. What are you going to tell the American People . President obama heres what im going to tell the American People. When i came into office, our economy was in crisis. We had unemployment up at 10 , its now down to 6. 1. Weve had the longest run of uninterrupted private sector job growth in our history. We have seen deficits cut by more than half. Corporate Balance Sheets are probably the best theyve been in the last several decades. We are producing more energy than we had before. We are producing more clean energy than we ever had before. I can put my record against any leader around the world in terms of digging ourselves out of a terrible, almost unprecedented financial crisis. Ronald reagan used to ask the question, are you better off than you were four years ago . In this case, are you better off than you were in six . And the answer is, the country is definitely better off than we were when i came into office, but now we haveto make. Kroft do you think people will feel that . President obama they dont feel it. And the reason they dont feel it is because incomes and wages are not going up. There are solutions to that. If we raise the minimum wage, if we make sure women are getting paid the same as men for doing the same work, if we are rebuilding our infrastructure, if were doing more to invest in job training so people are able to get the jobs that are out there right now, because manufacturings coming back to this country. Not just the Auto Industry that weve saved, but youre starting to see reinvestment here in the United States. Businesses around the world are saying for the first time in a long time, the place to invest isnt in china, its the United States. Kroft do you think you can hold the senate . President obama yes, i do. Kroft you think you can sell this . President obama you know what . Kroft you think you cancan convince people that theyre doing fine economically . President obama hopefully, they get a chance to hear the argument, because all im doing is presenting the facts. Welcome to the cbs sports update presented by pacific life. Im james brown. With george from around the nfl today, the ravens roll as steve smith scores twice to burn carolina. Vincent jackson scores with seven seconds left as the bucs stun the steelers. Aaron rodgers shreds the bears with four touchdown passes. The colts coast with andrew luck. Ryan tannenhill and miami hand oakland its tenth straight loss. The jags remain winless. More more sports news and information, go to cbssports. Com. The future to life. For more than 145 years, pacific life has been helping families achieve lifelong Financial Security with innovative tools and strategies. Talk to a Financial Advisor to protect your family and plan today. Pacific life. The power to help you succeed. Charlie, the demand on this network, it is increasing by the second. Its crazy, huh . And people are relying on it more than ever. We cover more than 99 of all americans. I know, i cant imagine living without it. Its a place where people can come share knowledge and ideas. Its beautiful. Thats deep charlie. My selfie just hit a hundred likes. gasps a hundred at t is building you a better network. Im dave and i have copd. Im kate and i have copd, but i dont want my breathing problems to get in the way my volunteering. Thats why i asked my doctor about breo. Oncedaily breo ellipta helps increase airflow from the lungs for a full 24 hours. And breo helps reduce symptom flareups that last several days and require oral steroids, antibiotics, or hospital stay. Breo is not for asthma. Breo contains a type of medicine that increases risk of death in people with asthma. It is not known if this risk is increased in copd. Breo wont replace rescue inhalers for sudden copd symptoms and should not be used more than once a day. Breo may increase your risk of pneumonia, thrush, osteoporosis, and some eye problems. Tell your doctor if you have a heart condition or high Blood Pressure before taking breo. Ask your doctor about breo for copd. First prescription free at mybreo. Com logan by now, youve probably heard of alibaba, the chinese internet giant thats able to reach millions upon millions of previously unreachable chinese consumers. The company went public this month on the New York Stock Exchange and became one of the most valuable companies in the world, and alibaba is just getting started. Everything about the alibaba story is unconventional, beginning with its founder, jack ma, who gained global celebrity status these past ten days as his image became ubiquitous on Business News channels and Media Outlets across america. We got to know jack ma before the onslaught, beginning over a year ago in china, where he talked with us about his relationship with the Chinese Government, and his unorthodox business philosophy which, surprisingly, gives shareholders almost no say over how he runs the company. Jack ma if you want to invest in us, we believe customer number one, employee number two, shareholder number three. If they dont want to buy that, thats fine. If they regret, they can sell us. Logan in the u. S. , the shareholder is usually first. Ma yeah, and i think they were wrong. The shareholder, good, i respect them. But theyre the third. Because youve. Take care of the customer, take care of the employees, shareholder taken care of. Logan mas unconventional view didnt stop wall street from pouring 25 billion into his company, now listed on the New York Stock Exchange as baba. Its an internet shopping behemoth, a collection of Online Marketplaces where buyers and sellers connect to do business. Most of the companys money comes from advertising and small transaction fees. On its most popular web site, taobao, users talk to each other, barter, and engage in a way that doesnt happen on american ecommerce web sites. And alibaba says there are close to a billion products for sale on their sites. If im buying a house, i can do everything from find an architect to buying doorknobs to furnishing the entire thing from start to finish. What else . Ma yeah, you can buy anything. As long as its legal. Anything. Logan five, six years ago, you werent even making a profit. In fact, in 2002, you made one dollar in profit. And today, you make how much . Ma billions. Logan billions of dollars. Ma yeah. Yeah. Logan its now the biggest Ecommerce Firm in the world, dwarfing the combined sales of amazon and ebay. And alibaba has helped create hundreds of millions of internet consumers, a whole new social class in communist china people who never had access to modern commerce before jack ma came along. And now you have 500 million registered users . Ma yes, yes. Its only, only, a little bit more than 40 of china population, and we need more. We have over 100 Million People visiting the site, shopping every day, and its just the beginning. Logan a hundred Million People every day . Logan when jack ma dreamed up alibaba in 1999, the online world looked nothing like it does today. The most popular Search Engine was yahoo, not google. There were no ipods, iphones, or ipads. Only four out of ten American Homes had internet connections. And the worldwide web barely reached all the way to china, where Retail Stores were rare outside the big cities. For most of the country, there was no such thing as Package Delivery or credit cards. The only way to buy anything was facetoface and in cash. Ma when we started the ecommerce, nobody believed that china would have ecommerce because people believed on guangshi, facetoface and all kinds of network in traditional ways. Theres no trust system in china. Logan he had to overcome centuries of tradition by showing chinese buyers and sellers that they could trust alibaba with their money in this new virtual world. He did it by guaranteeing the transactions, and creating his own payment system, an escrow account where alibaba holds the buyers money until the goods are delivered. Ma every day, we finish more than 30 million transactions. And that means that there. You are buying things from somebody you have never seen. You are giving products to the person you have never met. And there are some guys you never know that hes going to take your products to that place, to that person. I. I want to tell the people that the trust is there, and. Logan because its all about trust. Ma its all about the trust. Logan now, anyone, rich or poor, with access to the internet and something to sell can connect with hundreds of millions of potential customers on one of mas web sites. Ordinary people in china, who never had a way to do business with each other before, today have a stake in the online world. That idea was revolutionary. It created millions of jobs, and made jack ma a hero to millions of chinese. So this is your old stomping ground, right . Ma yeah. Logan we met jack ma in hangzhou, an ancient city in southeastern china famous for its beauty. This is where he grew up poor in the 1960s, during the chaos of mao tse dongs cultural revolution, when the country was cut off from the west. Then, in 1972, Richard Nixon came to his hometown. It was the first visit by a u. S. President to communist china, and the city became a mecca for foreign tourists. Through them, 12yearold jack got his first glimpse of a world beyond china. Ma the name jack was given by an american tourist. Logan he told us how he taught himself english, walking up to foreigners and offering free tours in exchange for free lessons. Unlike many successful chinese entrepreneurs, jack ma never studied in the u. S. He also had no status, money or connections. The only other way to get ahead in china was education, and he failed the College Entrance exam, twice. Ma my parents do not want me to take examinations again. Logan because they didnt want you to fail again. Ma they. They believe i would fail again. Logan how did that affect you . Ma thats a good question. Nobody ever asked me that before. That really affect me a lot. I failed for the first time, and then i ask for looking for jobs. I went to interview jobs for about ten or 15 times, and all reject by people. Logan why did everyone reject you . Ma i was not that. The standard that normal people like. Logan because you were small . Ma normal, i was small. Logan and skinny . Ma skinny, not handsome, and the way i talk. And they. They probably just dont like it. Logan ma made it into college on his third try and became an english teacher. With no computing or engineering background, hes an unlikely tech titan, but he says he was captivated by the internet from the moment he first saw it in 1995 when he came to the u. S. As a translator. Ma i never touch keyboard before. I never using computer before. And i say, what is internet . He say, jack, you know, search whatever you want on the internet. I say, how can i search . What does search mean . He said, just type. I say, i dont want to type. laughs computers so expensive in china, i dont want to destroy it. He said, its not a bomb. Just type. So, i typed the first word called beer. At that time, very slow, come on the american beer, japan beer, and the german beer, but not china beers. So, i was curious. And i type, china. No china. No data. Came back to hangzhou with one dollar in my pocket, scared, worried. And i came back and i said, i want to do something called internet. Logan his first two ventures failed. Four years later, he convinced some friends and former students, most of whom had never used the internet, to invest in him and his vision for alibaba. With just over 50,000 in seed money, alibaba was born. Today, the company is valued at 231 billion, and is headquartered in hangzhou on a sprawling stateoftheart campus that rivals any in silicon valley. Mas personal fortune makes him the richest man in china and one of the most influential. Its impossible to run a business on alibabas scale without official blessing. You were quoted saying, when you have millions of Small Companies using your site, and billions of dollars in transactions every day, the government cares. So, what do they care about . Ma they care that i can stabilize the country. I tell the government, if people have no jobs, you are in trouble. Government will be in trouble. My job is to help more people have jobs. Logan so, usually, when logan so, usually, when people succeed in china, they either have connections political connections or theyre. Come from a wealthy family. You had neither. Ma no. Logan and youve done this without interference from the government . Ma well, i never got a one cent from the government. I got. Never got a one cent from china banks. So im very independent. Logan that was true when alibaba began, and most of its capital still comes from abroad. But more recently, some of its smaller investors have included institutions with ties to chinas ruling elite. Alibaba has also benefited from Chinese Government policies that make it difficult for foreign competitors to operate there. Ma explained how he walks a fine line with beijing. Ma i have a very strict talk to my team never, ever do business with government. In love them; dont marry them. So, we never do projects for government. If they come to us and say, jack, can you help with this . Good, i will introduce friends to you who are interested in doing that. Or if you wanted me to do it, i do it free for you. Just what. Next time, dont come to me again. Dont. Because of that, we keep very good rel. Love relationship with the government. Logan when we pressed ma, he acknowledged there are times he has to bow to chinese authorities. Though he was surprisingly frank about a subject that is also sensitive among u. S. Internet companies, including google, facebook, and yahoo. You gather more information on chinese citizens than anyone else in the country. Ma you mean me. Logan yes. Ma yeah. Logan so when the Chinese Government comes knocking on your door, asking for that information, how do you handle that . What do you do . Ma okay. We have a very strict process working with the government. If they want to do it, its related with the National Security, well work together. Any country, any citizen, anywhere, you have to work. I believe google has to with the National Security of the u. S. A. Facebook has to do it. Alibaba would definitely have to do it. Logan what worries some investors is the possibility that china could take control of the company and all of its assets at any time. And then theres alibabas unusual corporate structure, which puts all the power in the hands of jack ma and a small group of insiders. First of all, i want you to put on these glasses. Logan but theres another side of him thats little known outside of china, where hes a celebrity. A cult of ma reaches across the country and inspires almost fanatical loyalty among his employees and their families, who record his speeches and quote his sayings. Ma singing logan here he is, dressed as a punk rocker performing for an enthusiastic audience of 20,000 alibaba workers at a Company Anniversary celebration. Ma you are so beautiful to me. Logan the chairman ma show is now playing here in the u. S. , bringing with it the potential of hundreds of millions of chinese consumers for products made in america. So, this is not jack mas american invasion. This is not google, amazon, ebay be afraid. Ma yeah, we come to help, not invade. laughs for example, bring the u. S. s Small Business come to china. This is something that we can do better, because we have 100 million buyers today, every day. We dont know three years, 300 million . Magic tricks, mass employee wed, karaoke moments. Youve never seen an executive like this. Go to 60minutesovertime. Com. , im a doctor of internal medicine with something terrible to admit. I treated thousands of patients, risked their lives, while high on prescription drugs. I was an addict. Im recovered now, but an estimated 500,000 medical professionals are still out there, abusing drugs or alcohol. Police, airline pilots, bus drivers. Theyre randomly tested for drugs and alcohol. But not us doctors. You can change that vote yes on proposition 46. Your lives are in our hands. Whitaker now an update on the africa Mercy Hospital ship scott pelley first reported on last year. The africa mercy has been bringing 21st century medical care to some of the worlds poorest countries along the west coast of africa. Pelley she can be described in the usual dimensions of a ship 500 feet in length, eight decks, a crew of 450. Or you can reckon africa mercy as a hospital 90 nurses, 15 doctors, 78 beds and six operating rooms. The idea for all of this set sail back in 1978, when don stephens of texas started a charity that he calls mercy ships. Pelley so how did you find this ship . Stephens we found her in denmark. She was a rail ferry. Pelley africa mercy replaced three earlier vessels. And stephens says that over 35 years, hundreds of thousands of patients have been aboard his ships. Whitaker but even the africa mercy wasnt equipped to deal with the ebola epidemic this summer. The outbreak kept the Worlds Largest civilian hospital ship in port in the Canary Islands and forced its largely volunteer crew of doctors and nurses to cancel scheduled surgical calls in guinea where ebola started. Instead, it is now en route around the cape of good hope, bound for patients on the island nation of madagascar, off the coast of east africa. Im bill whitaker. Well be back next week with another edition of 60 minutes. Aflac and a gentle wavelike motion. Aahhh ahhhhhh. Liberate your spine, ahhhahhhhhh aflac and reach, toes blossoming. Not that great at yoga. Yeah, but when i slipped a disk he paid my claim in just four days. Ahh four days . Yep. Find out how fast aflac can pay you, at aflac. Com. Previously on madam secretary. Well, this cant be good. The secretary of states plane just went down over the atlantic. I want you to step in. Step into what . Secretary of state. Probably shouldve brought my own staff. Probably. But you know what, their boss had just died. I couldnt just clean house like that. Its an encoded text. Saying what . Its from george. Vincent marshs plane crash was not an accident. Be careful, bess. This is me not being a politician. Trust me. Youd better be right about this. I go the president to sign off. How could you do that without my knowledge . By blatantly circumnavigating your authority. Whats wrong . George is dead. That wasnt an accident. I know. Woman uh, sweetie, will you bring this in, please . Thank you. Thats wrong. It is not fine. Leave it. Whats the answer . laughs you suck at math. Hey dont say suck. Make him stop bothering me stop bothering your sister. I was helping. gunshots nearby woman screams okay. Stay here. men shouting, gunshots nearby crowd chanting in arabic automatic gunfire chanting continues chanting continues automatic gunfire crowd cheering horn honking crowd chanting men shouting

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