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With no background in computing, Mr Ma co-founded Alibaba in his apartment almost two decades ago, having convinced a group of friends to invest in his online marketplace. Last year Ma invested 300 million yuan ($45 million) in a rural education project in China. He is a permanent member of the Alibaba Partnership. Image copyright Getty Images Image caption Jack Ma pledged to help create a million United States jobs after a meeting with then President-elect Donald Trump.
  • Honey Smacks cereal still unsafe amid salmonella outbreak, FDA says

    Honey Smacks cereal still unsafe amid salmonella outbreak, FDA says

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    FDA Food tweeted out urging consumers : 'Seriously, get rid of Kellogg's HoneySmacks in the cabinets! It says that regardless of expiration date, the cereal should be thrown away or returned to a retailer for a refund . Those who store cereal that looks like Kellogg's Honey Smacks in a container without the packaging and may not remember the brand or type are also encouraged to throw the product away.
  • Elon Musk Calls Thailand Cave Expert a 'Child Rapist'

    Elon Musk Calls Thailand Cave Expert a 'Child Rapist'

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    Musk continued to state: "He's an old, single white guy from England who's been traveling to or living in Thailand for 30 to 40 years, mostly Pattaya Beach, until moving to Chiang Rai for a child bride who was about 12 years old at the time ".
  • JD.com's CEO was arrested on allegation of rape

    JD.com's CEO was arrested on allegation of rape

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    However, a Minneapolis police report said the arrest of Chinese billionaire Liu Qiangdong was over a felony rape accusation. Liu was released from police custody without bail or travel restrictions. Liu, who is worth an estimated $7.3 billion, owns 16 percent of the company and has vast control over major business decisions. Shares in China's second largest e-commerce company closed down 6 per cent at $29.43 on Tuesday on the Nasdaq and were steady after hours.
  • Student poster prank in Texas McDonald's goes unnoticed for nearly two months

    Student poster prank in Texas McDonald's goes unnoticed for nearly two months

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    The prank involves Jevh Maravilla and Christian Toledo, who noticed posters of customers at a McDonald's in Pearland lacked Asian representation and decided to make their own. It shows the lengthy measures Jevh and his friend Christian took to producing the poster. "Asian representation in media is not as prevalent as it should be", Maravilla told KPRC Click2Houston .
  • Amazon touches $1 trillion, on pace to overtake Apple

    Amazon touches $1 trillion, on pace to overtake Apple

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    The company's stock, as reported by CNBC, cruised past $2,050.27 per share, which was the bare minimum valuation Amazon needed to achieve a $1 trillion market cap. Amazon's shares last traded up 1.4 percent at $2,041.68. Analysts expect Apple's revenue to jump 14.9 percent in its fiscal year ending in September, according to Thomson Reuters data, a hefty rise but still far short of Amazon's expected revenue growth of 32 percent for 2018.
  • Amazon becomes second USA company to reach $1 trillion market value

    Amazon becomes second USA company to reach $1 trillion market value

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    In just two decades, the company expanded far beyond its bookseller beginnings - they've managed to combine a world-wide retail operation with a less showy, but clearly, incredibly profitable advertising and cloud software businesses. That puts the company's market capitalization-the number of its outstanding shares multiplied by share price-at $1 trillion. The combined value of both companies is equal to roughly 10 percent of US gross domestic product.
  • Petrol touches highest ever, at Rs 86.25 in Mumbai, commuters fuming

    Petrol touches highest ever, at Rs 86.25 in Mumbai, commuters fuming

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    Oil minister Dharmendra Pradhan had attributed the sudden peak to the rise in worldwide crude prices and devaluation of the rupee. The Department of Energy Minister, Jeff Radebe on Monday announced fuel prices will remain unchanged. Also, crude oil has gained $7 a barrel in a fortnight, driven by fears that the United States sanctions on Iran will likely contract supplies. There is a pressure on oil prices due to decrease in production.
  • Chinese tech billionaire Richard Liu arrested on sex crime suspicion

    Chinese tech billionaire Richard Liu arrested on sex crime suspicion

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    A sheriff's jail roster record from Minnesota's Hennepin County showed a man surnamed Liu with the given name of Qiangdong, the Chinese name for Richard Liu, was detained on suspicion of criminal sexual conduct on August 31 at 11:32 p.m. "The understanding is that if we need to get in touch with him, we will be able to do so". JD said it planned to make a selection of items available for sale in places like Europe and the USA through Google Shopping, which allows shoppers to search for ...
  • Calif. Senate approves net neutrality rules, sends bill to governor

    Calif. Senate approves net neutrality rules, sends bill to governor

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    Internet providers also argue it could lead to higher prices for consumers. In the latest effort by California lawmakers to drive national policy and rebuff President Donald Trump , lawmakers approved one of the nation's most aggressive efforts to revive regulations repealed past year by the Federal Communications Commission .
  • Google partners with Mastercard to pair online ads with offline sales

    Google partners with Mastercard to pair online ads with offline sales

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    Sources who are aware of the deal told Bloomberg that Google has developed a tool for advertisers that can tell whether people who clicked on their online ads, purchase the product later at a physical retail store. Responding to these reports Google said: "Before we launched this beta product past year, we built a new, double-blind encryption technology that prevents both Google and our partners from viewing our respective users' personally identifiable information".
  • Trump Jokes That Sanders Had 'Nervous Breakdown' Over His McCain Comments

    Trump Jokes That Sanders Had 'Nervous Breakdown' Over His McCain Comments

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    Dale subsequently tweeted this is pretty clear confirmation from Trump that his reporting was accurate, but he added , "I won't be commenting on the source of the leaked quotes". While McCain's body was transferred to Washington DC on Thursday evening for scheduled memorial services, Trump pressed ahead with a campaign rally in IN at the same time.