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  Alibaba founder Jack Ma sets up a new company

On November 24th, according to TianYanCha(A Chinese website to check company registration information), Hangzhou Majia Kitchen Food Co., Ltd. was established on November 22nd. The legal representative is PAU JASON JOHN, and the registered capital is 10 million RMB. The ownership information shows that the company is wholly owned by Hangzhou Dajingtou Er Shi Er Hao Cultural Art Co., Ltd., of which Alibaba founder Jack Ma holds a 99.9% stake. The business scope of this new company includes food ...

   JACK MA,ALIBABA,FOOD     2023-11-24 04:19:11

  Why 102 years for Alibaba

In many occasions, Alibaba Group Founder Jack Ma expresses the idea that he wanted Alibaba to be live for 102 years(a strange number). But why 102 years, but not 100 years or some other years?  In an interview conducted by Stanford University, the interviewer, Yahoo Founder Jerry Yang, asked this question why Jack Ma wanted Alibaba to live 102 years. Jack Ma gave his answer to this question. "In China, everybody wanted to make a company last over 100 years. This becomes a slogan, nobody ta...

   JACK MA,ALIBABA,STANFORD UNIVERSITY,JERRY YANG     2016-02-24 09:46:47

  Why you don’t need a programmer

Once or twice a month I get the question from an aspiring entrepreneur that’s been pushing their idea forward in hopes to (very soon) create a company out of what they’ve been working so hard on.  They’ve spent countless hours working through all the details of what this new product will do, who they’re going to partner with and what they’re going to charge for it. They may even be on the Lean Startup bandwagon and actually talked with potential custo...

   Programmer,Necessary,No need     2012-03-30 07:37:39

  Lenovo gets into the chip design field

According to EETimes, Lenovo will enter the field of chip design, the main focus is the smartphone and tablet chip design.There is a small team of 10 people who are working on integrated circuit design in Lenovo in the past 10 years, Till the middle of this year, Lenovo intends to expand the team to 100 engineers. Lenovo may recruit 40 engineers in Shenzhen and 60 engineers in Beijing.Despite Lenovo has much freedom in the choice of application processors, but because it involves a competitive ...

   Lenovo,Chip,Samsung,Smartphone     2013-04-01 06:15:54

  Failed merge and acquisition cases in the Internet history

Bebo founder sold Bebo with 850 million US dollars in 2008, but later he bought it back with just 1 million US dollars. This news lets us think about those failed merge and acquisition cases in Internet history. Let's summarize some of them here. 1. Bebo Buyer : AOL Acquisition price : 650 million US dollars Sold price : 1 million US dollars Loss: 849 million US dollars In 2008, AOL was still belong to Time Warner. It made a decision to acquire the third largest social networking site Bebo, The...

   Merge and acquisition,Loss,MySpace     2013-07-03 08:37:13

  The Giant Mafia

There is an old Chinese saying "Things of a kind come together. People of a mind fall into the same group.". In the wave of Web 2.0, there are many emerging IT giants coming out the world. And many of them are founded by a group of people who previously worked together at the same company such as PayPal and Facebook. This is called giant mafia. Let's see what people from the big IT giant have done after leaving the original company. The PayPal mafia Peter Thiel, co-founder and CEO of PayPal bef...

   Facebook mafia,PayPal mafia,Twitter mafia     2015-04-04 10:32:00

  Those famous Emacs users

I don't think using Emacs can improve one's programming skills, I don't think some famous people used Emacs before can provide something, either. But these famous people encouraged me to learn Emacs when I wanted to give it up. Here I created a list of famous Emacs users. Most of people in this list are not famous because they developed or used Emacs, but they are famous and also use Emacs. Joe Armstrong -- Erlang's author In The Setup, Joe mentioned that "I write books using XML markup in emacs...

   Emacs,History     2013-07-28 21:36:09

  Former Microsoft Executive Vice President Qi Lu joins Baidu

Former Microsoft Executive Vice President Qi Lu joined Baidu(The largest search engine in China) on January 1, 2017. Qi will be group president and COO at Baidu. He will be in charge of Baidu's products, technology, sales and marketing and operations. And he will be the second most powerful person in Baidu just behind Robin Li, the founder and CEO of Baidu. At the same time, Robin Li will step away from daily operation of Baidu. In a statement, Robin Li said “Dr. Lu possesses a ...

   MICROSOFT,CHINA,BAIDU,NEWS,QI LU     2017-01-18 08:53:42

  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. ...

   Jack Ma, Alibaba, Advice, China     2015-08-30 03:53:53

  How big company CEOs spend their time in work

As a company's steer holder, the CEO or founder takes plenty of pressure ordinary people even cannot imagine. They usually need to deal with different aspects of daily operation of a company including technology, business, marketing, public relationship etc. Lots of meetings, negotiations and presentations are waiting for them every day. Hence time is a precious resource for them. Let's take a look at how these CEOs spend their time in their work. 1. Apple CEO Tim Cook Gets up at 3:45 am ...

   CEO,STEVE JOBS,TIM COOK,ELON MUSK,JACK MA,MARK ZUCKERBERG,PONY MA     2016-08-13 13:29:00