Tag Archives: Business

BREAKING! watch: Jack Ma RESIGNS as Alibaba’s President After 20 Years, Steps Down from $460 Billion Company as The Richest Man in China

Jack Ma is no longer chairman of Alibaba Group, the world’s largest e-commerce group. He quit on his 55th birthday as part of a succession plan.

Jack Ma — the flamboyant tech personality, and currently the richest man in China— is stepping down from his $460 billion Alibaba empire 20 years after he founded the company.

Ma is stepping down as the chairman of Alibaba Group on Tuesday, his 55th birthday, as part of a long-planned succession scheme. It is the world’s largest e-commerce group, with more than triple the total reported sales of Amazon for 2018.

Source: Jack Ma — the most flamboyant tech founder on the planet, and China’s richest man — steps down from his $460bn Alibaba empire after 20 years

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WATCH: INSANE, MASSIVE Crowds Force China’s first Costco to SHUTDOWN Hours After CHAOTIC Grand Opening

One Costco member described the scene in the warehouse as “sheer chaos” as shoppers flocked to the newly opened store.

Costco’s first ever Chinese warehouse opened its doors for the first time on Tuesday. A few hours later, the Shanghai warehouse had to shut those same doors early, due to the massive turnout that the warehouse’s grand opening attracted.

Source: Inside China’s first Costco, where crowds forced the store to shut down shortly after its grand opening

Stan Lee’s daughter: ‘No one could have treated my father worse than Marvel and Disney’s executives’

While many fans have rallied behind Disney in the wake of reports that talks had broken down between the company and Sony over future Spider-Man films, at least one person is standing behind Sony — Stan Lee’s daughter.

In a statement to TMZ, Joan Lee said Marvel and Disney need to be “checked and balanced” as they seek total control of her father’s creations.

“Whether it’s Sony or someone else’s, the continued evolution of Stan’s characters and his legacy deserves multiple points of view,” she said. While legendary comic book writer Lee created the Spider-Man character for Marvel comics in the 1960s, Sony has owned the film rights to the character for about two decades.

Source: Stan Lee’s daughter: ‘No one could have treated my father worse than Marvel and Disney’s executives’

Police: Amazon delivery driver stole couple’s dog and tried to sell it online

The dachshund, a 2-year-old named “RJ,” had darted out of his home as his owners opened the door. Mycah Keyona Wade snatched the dog from the street in front of the home, police said.

An Amazon delivery driver was fired and arrested after police say she stole a dachshund from in front of a Texas couple’s home and attempted to sell it online.

The suspect, 22-year-old Mycah Keyona Wade, was in a Weatherford neighborhood on July 5 making deliveries as a contract driver for Amazon when she spotted the dog, Parker County Sheriff’s Office Deputy Danie Huffman said.

Source: Police: Amazon delivery driver stole couple’s dog and tried to sell it online

MASSIVE DATA BREACH: A hacker gained access to MORE Than 100 million Capital One credit card applications in the US, 6 million in Canada

Capital One said a hacker gained access to more than 100 million Capital One customer accounts and credit card applications earlier this year.

Among other information, the compromised data included some Social Security numbers.
The Department of Justice said Monday that Paige Thompson, 33, was arrested in connection with the breach. The department alleges that Thompson “posted on the information sharing site GitHub about her theft of information from the servers storing Capital One data.”
Thompson was able to gain access by exploiting a misconfigured web application firewall, the DOJ said.

Source: A hacker gained access to 100 million Capital One credit card applications

Source: Capital One data breach hits about 6 million people in Canada, 100 million in U.S.

ALERT! Apple Workers Can Hear People Having Sex

Workers hear drug deals, medical details and people having sex, says whistleblower

Apple contractors regularly hear confidential medical information, drug deals, and recordings of couples having sex, as part of their job providing quality control, or “grading”, the company’s Siri voice assistant, the Guardian has learned.

Although Apple does not explicitly disclose it in its consumer-facing privacy documentation, a small proportion of Siri recordings are passed on to contractors working for the company around the world. They are tasked with grading the responses on a variety of factors, including whether the activation of the voice assistant was deliberate or accidental, whether the query was something Siri could be expected to help with and whether Siri’s response was appropriate.

Source: Apple contractors ‘regularly hear confidential details’ on Siri recordings