Jack Ma has resurfaced again in China after years of absence from the public eye. Alibaba’s founder visited a school where he met school teaching staff and students as he talked about how artificial intelligence might pose a threat to education. The Chinese billionaire went off screen when he criticized the Chinese government’s financial regulators in 2020.
The famous Chinese billionaire Bao Fan has gone missing. His company, China Renaissance Holdings Limited, has not been able to contact its founder, according to the statement released by the company. Although no official investigative statement has surfaced, his arrest could be the continuity of the Chinese government’s crackdown on finance and tech figures.
The Chinese billionaire is set to hand over most of voting percentage to avoid overall control of the Ant group. In a statement released on Saturday, Jack Ma’s company announced changes that have taken place in the ownership structure that would prevent any shareholder, acting alone or in collaboration with other parties, from controlling Ant Group.
