Alibaba And Ant Group News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Jack Ma is reportedly stepping down as the president of an elite business school he founded, suggesting a further retreat from public life by China s most prominent entrepreneur in the face of government pressure on the tech industry.
Citing anonymous sources, the Financial Times reported Monday that Ma will no longer serve as the president of Hupan, which he created in 2015 with the vision of turning it into a 300-year enterprise that would become a worldwide name for entrepreneurial education.
The newspaper also reported that Hupan would restructure its education program. The Hangzhou-based school had already dropped the word university from its name, following a government clampdown on institutions that are not licensed as universities but were claiming the status. ....

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