Jack Ma, co-founder and executive chairman of Alibaba, China’s biggest e-commerce platform, has announced his unexpected retirement as chief executive officer earlier this month. The company’s core to-customer e-commerce platform Taobao, however, may be facing more hiccups.
The second Internet court in China opened its doors in Beijing on Sept. 9, as the country looks to better address disputes and problems caused by the fast-growing cyberspace.
U.S. mobile chipmaker Qualcomm announced on August 10 that it has settled an anti-trust case with Taiwan’s Fair Trade Commission(TFTC). Qualcomm paid out for a total of $93 million, which was reduced from $774 million. It further pledged to invest $700 million more in Taiwan within the next five years.