As the Chinese e-commerce giant moves forward with its plan to split into six business units, Daniel Zhang, the company Alibaba’s new CEO and chairman, will step down from his roles. In December, Zhao took over as head of the cloud unit after it suffered its “longest major-scale failure” in over a decade. Eddie Yongming
Tech continues to fall two years after a record-breaking year in 2021.According to Forbes’ 2023 ranking of the world’s wealthiest people, tech billionaires had another rough year, declining both in number and collective wealth. Forbes found 313 billionaires who made their fortune in tech, down $200 billion from last year’s $2.1 trillion. Their aggregate net
K Krithivasan, the newly appointed CEO-designate of India’s largest software services firm TCS, expressed his confidence in the continuity of operations when he addressed the media on Friday. He affirmed that there is no intention to make substantial changes in strategy following his appointment. Rajesh Gopinathan, who had been TCS’s head for over six years
ence, it is recommended that you have to be confident enough about your product. You should try your best to give your best. And, if not selected by Shark Tank, don’t be disappointed, but try harder to establish your business without taking it otherwise.
How about a chance to win a brand-new Toyota Fortuner 2.7G and one of the 10 iPhone 14 Plus through your money transfer to Pakistan? Yes. You read it correctly! ACE Money Transfer and Habib Bank Limited (HBL), one of the leading commercial banks in Pakistan, have joined hands for another exciting campaign to dole
CEOs are joining the Great Resignation in record numbers as market volatility and growing pressures are burning them out. In 2018, CEOs resigned at a rate of 3.4 per day, according to data from Equilar. The number of CEOs who resigned in 2021 was also high, but it pale in comparison to this year(recoreded the
For the last two months, the global cryptocurrency market cap has plunged from $1.7 trillion in the beginning of May to $929 billion. During the last two months, cryptocurrencies have lost tens of billions. The market cap is only $929 billion as of June 24. When the market it completely depend on investors with not
2021 made Ahemdabad based businessman Gautam Adani the 12th richest man globally. Presently, Mr. Adani’s Net worth is at $81 billion. After all, earning Rs 6000 crore every week makes Gautam Adani the wealthiest man in the world. Moreover, 2021 took Gautam Adani’s wealth to another scale of nearly $50 billion. Interestingly, Gautam Adani more
Binance CEO Changpeng Zhao’s net worth is now $96 billion, making him richer than Asia’s richest – Mukesh Ambani. Founded in China as a portmanteau of binary and finance in 2017, Binance soon unfolded as a crypto powerhouse. The company is from China, and CEO Changpeng Zhao is spotting new locations for Binance HQ. How
Cyrus Mistry: Life And Times Of The Executive Chairman
Cyrus Mistry, Chairman of Tata Sons from 2012-2016, was referred to as ‘the most low profile man with the most high profile job’. Cyrus became well-known when he was removed as chairman in 2016, for reasons that were not disclosed. Cyrus Mistry was removed by a boardroom coup, and was also eventually replaced on the