Colin Huang has stepped down as CEO for Pinduoduo, a shopping app he founded in 2015 that became China’s third largest e-commerce platform during the Covid crisis.
The real bet for Ma lies in a longer-term gamble — corporate cash management, where the potential of digital disruption is the largest and most profitable.
Paytm founder Vijay Shekhar Sharma is raising capital to protect his digital payments company from new entrants like Facebook, Google and Walmart's PhonePe.
The difference between the future worlds of Musk and Ma boils down to AI's access to important processes such as investment decisions and policymaking.
China's richest man and the Tesla Inc. boss sparred over several subjects at the Shanghai AI summit, and agreed on one thing — that the global population will collapse.
The conventional wisdom is that if a govt fails to improve the lot of the voters, it is punished. Kumar presided over an economic disaster for 20 years and was re-elected by a landslide.
Indian govt officials last month skipped Turkish National Day celebrations in Delhi, in a message to Ankara following its support for Islamabad, particularly during Operation Sindoor.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
COMMENTS