After China’s crackdown on his sprawling finance and e-commerce empire, billionaire Alibaba founder Jack Ma sought to win back the government’s favor. One way was to write a letter to China’s President Xi Jinping pledging to devote his life to rural education. It’s unclear when Ma wrote the letter or what was Xi’s reaction to it, according to Reuters. Xi has made reducing income inequality one...
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Creator Economy Startups
An Insider’s Guide to Our Upcoming Creator Economy Summit
The Information’s second Creator Economy Summit is happening this Wednesday. For the past two months, I’ve been preparing for our interviews with creators, startup leaders and executives at major tech companies including Instagram, YouTube and Pinterest. (You can still register here.) This prep work has come at a pivotal time for the industry. When we held our first summit in late October,...
Klarna to Cut 10% of Global Workforce
Mark Zuckerberg Sued by D.C. Attorney General Over Cambridge Analytica Scandal
Snap Warns That Q2 Performance Will be Worst Than Expected
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