Alibaba

ReutersApr 30, 2019 00:09:41 IST By Jonathan Stempel NEW YORK (Reuters) - Alibaba Group Holding Ltd said on Monday it will pay $250 million to settle a U.S. lawsuit faulting the Chinese e-commerce company for concealing a regulatory warning about its abilit…

Digital skills are as important as language or behavioural mathematics. (Source: Getty Images) By Mohit Bansal Teachers, schools and parents always deal with some fundamental questions: How can we prepare children to realise their full potential? How to put…

Share to facebook Share to twitter Share to linkedin Female entrepreneurs in coworking space. Photocredit: Getty Getty Supporting women to pursue higher education and find meaningful work have been proven to have a positive impact on th…

Tencent(NASDAQOTH:TCEHY), Alibaba(NYSE:BABA), and other Chinese tech companies were recently called out in an escalating debate about overtime policies. Workers claim that these companies use an unofficial "996" schedule -- 9 a.m. to 9 p.m. workdays, six days…

TEENS EVERYWHERE love lip-synching to TikTok. Parents may be less enamoured of the boppy music-video app, whose popularity has exploded of late. For different reasons, governments appear wary, too. In February TikTok paid a record $5.7m fine in America for il…

Share to facebook Share to twitter Share to linkedin Working cultures vary significantly across industries and timezones Pexels Working cultures can vary significantly across industries, with professions such as finance and technology frequently associat…

Work cultures in many parts of Asia are starkly different from those in the West so it might be surprising to many that there are people who work 12 hours or even 16 hours a day, every day, without launching any grievances. However, a new protest against the…

Masayoshi Son, the billionaire founder of SoftBank Group Corp., made a huge personal bet on bitcoin just as prices for the digital currency peaked, losing more than $130 million when he sold out, according to people familiar with the matter. Son, who launche…

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…

A protest by tech employees in China over the expectation of 72-hour work weeks has this week attracted the support of 30 workers from Microsoft and its GitHub subsidiary. In late March, Katt Gu, an attorney and informatics doctoral student at University of …