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China's spat with billionaire Jack Ma is part of bigger push to control big tech

China’s spat with billionaire Jack Ma is part of bigger push to control big tech
Beijing is moving towards a comprehensive regime for regulating competition among digital platforms.
Jack Ma has reportedly not been seen in public since October.
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Bobby Yip/Reuters
Chinese tech billionaire Jack Ma has allegedly fallen out with the Beijing government. Severalrecent articles reported that Ma offended the Chinese authorities by delivering a speech in Shanghai in October criticising financial regulation and that he and his colleagues were called in for questioning.
The planned initial public offering of his financial services powerhouse, Ant Group, for over $30 billion, was suddenly suspended. Antitrust investigations were instigated against his other major company, online retailer Alibaba (and also Chinese tech giant, Tencent). ....

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China's spat with Jack Ma is bid to control big tech. Silicon Valley next?

Chinese tech billionaire Jack Ma has allegedly fallen out with the Beijing government. Severalrecent articles reported that Ma offended the Chinese authorities by delivering a speech in Shanghai in October criticising financial regulation, and that he and his colleagues were called in for questioning.
The planned IPO of his financial services powerhouse, Ant Group, for over US$30 billion, was suddenly suspended. Antitrust investigations were instigated against his other major company, online retailer Alibaba (and also Chinese tech giant, Tencent).
Towards the end of the year, Ma then received a “rectification order” from the People’s Bank of China (PBoC), the central bank, outlining five ways in which Ant Group must comply with the regulator. To cap it all, the entrepreneur has reportedly not been seen in public since October. ....

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Jack Ma: China's spat with billionaire is part of bigger push to control big tech – Silicon Valley could be next

Chinese tech billionaire Jack Ma has allegedly fallen out with the Beijing government. Severalrecent articles reported that Ma offended the Chinese authorities by delivering a speech in Shanghai in October criticising financial regulation, and that he and his colleagues were called in for questioning.
The planned IPO of his financial services powerhouse, Ant Group, for over US$30 billion, was suddenly suspended. Antitrust investigations were instigated against his other major company, online retailer Alibaba (and also Chinese tech giant, Tencent).
Towards the end of the year, Ma then received a “rectification order” from the People’s Bank of China (PBoC), the central bank, outlining five ways in which Ant Group must comply with the regulator. To cap it all, the entrepreneur has reportedly not been seen in public since October. ....

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Ma 'offered parts of Ant' in vain bid to save IPO

Ma 'offered parts of Ant' in vain bid to save IPO
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В Нигере террористы сожгли 800 домов и убили 28 человек

В Нигере террористы сожгли 800 домов и убили 28 человек
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