China's Ant Group says founder Jack Ma will give up control
E-commerce billionaire Jack Ma will give up control of Ant Group, the leading Chinese financial technology provider he founded.
Jan 8, 2023
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Business
E-commerce billionaire Jack Ma will give up control of Ant Group, the leading Chinese financial technology provider he founded.
Jan 8, 2023
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Business
Jack Ma will cede control of Chinese fintech giant Ant Group, the company announced Saturday, following a Communist Party crackdown on the nation's tech sector that targeted the charismatic billionaire.
Jan 7, 2023
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Business
Jack Ma, the unconventional billionaire founder of tech giant Alibaba and the totem of China's entrepreneurial brilliance, has stepped out of the limelight since a Communist Party crackdown that chopped back his empire.
Jan 7, 2023
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Business
Alibaba founder Jack Ma has been living in Tokyo for almost six months after disappearing from public view following China's crackdown on the tech sector, the Financial Times reported Wednesday, citing multiple unnamed sources.
Nov 30, 2022
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Robotics
The physics of walking for multi-legged animals and robots is simpler than previously thought. That is the finding described by a team of roboticists, physicists and biologists in the Sept. 5 issue of the Proceedings of the ...
Sep 5, 2022
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Engineering
Engineers sometimes turn to nature for inspiration. Cold Spring Harbor Laboratory Associate Professor Saket Navlakha and research scientist Jonathan Suen have found that adjustment algorithms—the same feedback control process ...
Mar 1, 2022
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Business
Chinese e-commerce giant Alibaba on Thursday said profit in the October-December period fell 74 percent, the company's third straight quarterly drop as it faces myriad challenges including a government crackdown, slowing ...
Feb 24, 2022
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Business
Chinese e-commerce leader Alibaba Group said Tuesday that it posted lower profit but maintained steady revenue growth, indicating that a government crackdown on the country's tech giants was having little impact on its core ...
Aug 3, 2021
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Internet
Although it might be said that there has been malicious writing since our ancestors daubed cave walls with ochre symbols or the very first scribes notched letters into ancient stone tablets, fake news, spam, malicious and ...
May 6, 2021
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Business
Chinese regulators have ordered Ant Group, a financial affiliate of e-commerce giant Alibaba Group Holding, to become a financial holding company to ease financial oversight amid stepped up scrutiny of technology firms.
Apr 12, 2021
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Ants are social insects of the family Formicidae (pronounced /fɔrˈmɪsəˌdiː/), and along with the related wasps and bees, they belong to the order Hymenoptera. Ants evolved from wasp-like ancestors in the mid-Cretaceous period between 110 and 130 million years ago and diversified after the rise of flowering plants. Today, more than 12,000 species are classified with upper estimates of about 14,000 species. They are easily identified by their elbowed antennae and a distinctive node-like structure that forms a slender waist.
Ants form colonies that range in size from a few dozen predatory individuals living in small natural cavities to highly organised colonies which may occupy large territories and consist of millions of individuals. These larger colonies consist mostly of sterile wingless females forming castes of "workers", "soldiers", or other specialised groups. Nearly all ant colonies also have some fertile males called "drones" and one or more fertile females called "queens". The colonies are sometimes described as superorganisms because the ants appear to operate as a unified entity, collectively working together to support the colony.
Ants have colonised almost every landmass on Earth. The only places lacking indigenous ants are Antarctica and certain remote or inhospitable islands. Ants thrive in most ecosystems, and may form 15–25% of the terrestrial animal biomass. Their success has been attributed to their social organisation and their ability to modify habitats, tap resources, and defend themselves. Their long co-evolution with other species has led to mimetic, commensal, parasitic, and mutualistic relationships.
Ant societies have division of labour, communication between individuals, and an ability to solve complex problems. These parallels with human societies have long been an inspiration and subject of study.
Many human cultures make use of ants in cuisine, medication and rituals. Some species are valued in their role as biological pest control agents. However, their ability to exploit resources brings ants into conflict with humans, as they can damage crops and invade buildings. Some species, such as the red imported fire ant, are regarded as invasive species, since they have established themselves in new areas where they have been accidentally introduced.
This text uses material from Wikipedia, licensed under CC BY-SA