Chinese billionaire Jack Ma: 'I worry about Europe' and its obsession with tech regulation

  • 📰 CNBC
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

United States Headlines News

United States Latest News,United States Headlines

Alibaba co-founder Jack Ma says he's worried about Europe because it's tightening regulations that restrict companies' ability to innovate.

Why? Because Europe is worried about technology, he says, and is tightening regulations that restrict companies' ability to innovate.

He said that, when faced with problems, Chinese entrepreneurs "start to solve the problems, then think about rules and laws." Ma suggested that this was the reason why Europe has been something of a laggard with respect to tech. The region has not produced massive tech firms in the same way that the U.S. and China has, and is largely seen as falling behind the world's two largest economies on that front.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Not worried about China though. No regulation needed.

The communists around the world are scared. Their silk road is being washed out in front of their eyes.

I worry about your country, China and it's obsession with authoritarian tendencies

Communist party member propaganda! realDonaldTrump

Flunkey Ma, I worry about not just your soul being traded off to CCP, and what you have now will be seized by them and you become deprived of any value for their use and discarded as a scum

Given that Jack is now an honourable member of the CCP he should understand the importance of tech 'regulation'.

true

Jack ma, a communist lie machine. His myth is shattered in China. No one cares what he says and does now.

And Europe worry about their countless branded goods being counterfeited and sold on Alibaba.

Communist tool

Have your heard that hackers are aggressively attacking online crypto wallets and exchanges everyday. Make you self a favor and get a best hardware wallet in the world Ledger Nano X and sleep well at night.

ET phone home.......lol!

Is this real? Or is this a puppet? More fake news. I think that's a puppet, Not a person.

That’s funny, consider China is the most regulated place of all.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tencent need not envy Jack Ma’s finance fameThe $432 bln tech giant has offered investors a peek into its mobile money arm. It is accelerating into payments and wealth management, catching up with the Alibaba founder’s Ant Financial. Ma’s aggressive expansion rankled bank regulators. Tencent would be wise to stay low-key.
Source: Breakingviews - 🏆 470. / 51 Read more »

You can use Jack Bogle's investing strategy and keep socially responsible focusA traditional S&P 500 index fund may not work for you if you want to avoid investing in companies that may be bad for the environment or do not promote good social practices. But themed index funds might be worth a second look. I’m more interested in ROI than social focus. CNBC used to be a channel that supported capitalism.
Source: CNBC - 🏆 12. / 72 Read more »

Twitter's Jack Dorsey And Square Are Making Mass Bitcoin Adoption 'Inevitable'Jack Dorsey, the chief executive of micro-blogging social network Twitter, is taking further steps toward incorporating bitcoin and cryptocurrencies into his payments business, Square... I’ve still got my fingers crossed for when twitter will verify my account I’ve done a lot in my life IamNomad 😂😂😂That rug
Source: Forbes - 🏆 394. / 53 Read more »

Twitter's Jack Dorsey And Square Are Making Mass Bitcoin Adoption 'Inevitable'Jack Dorsey, the chief executive of micro-blogging social network Twitter, is taking further steps toward incorporating bitcoin and cryptocurrencies into his payments business, Square... Can he just give us an edit button instead.... Beware of tech CEOs wearing black turtlenecks like Steve Jobs lol profgalloway jack XRP and Cashapp would be great!!!!!
Source: Forbes - 🏆 394. / 53 Read more »

Twitter's Jack Dorsey And Square Are Making Mass Bitcoin Adoption 'Inevitable'Jack Dorsey, the chief executive of micro-blogging social network Twitter, is taking further steps toward incorporating bitcoin and cryptocurrencies into his payments business, Square... Jack means business. Jack Dorsey, perhaps envision the future! Jack Dorsey, Twitter really needs an edit button. But yall refuse to put one in.
Source: Forbes - 🏆 394. / 53 Read more »

Alibaba billionaire Jack Ma: I know nothing about tech or marketing—this is the secret to my success'I only know about people. ... I was trained to be a teacher,' says Jack Ma, the founder and chairman of the Chinese e-commerce juggernaut, Alibaba. MakeIt ...and make your “happy “ team work 7 days a week. MakeIt This dude looks like a deformed James Bond villain .... MakeIt To all stupid people who liked this post: Jack Ma's only secret to 'success' is his connection and multi money-laundering schemes with the world's richest family - Previous President of China - Jiang Zemin and his grandson Jiang zhicheng.
Source: CNBC - 🏆 12. / 72 Read more »

Tencent's Pony Ma says he's watching whether the trade war will turn into a tech war'We are also constantly watching whether the trade war will turn into a tech war,' Ma said Tuesday, according to a CNBC translation of his Chinese remarks published by a locak news outlet. Ahhhhh there’s been a tech war for 20+ years so .......... He's thinking when to send Joe Biden's super pac a few millions..
Source: CNBC - 🏆 12. / 72 Read more »

‘Bethesda man to make bid for Redskins’: How Daniel Snyder became an NFL owner 20 years agoThe franchise changed hands following a tumultuous, nine-month sales process after Jack Kent Cooke's death. Worst NFL owner. Otherwise referred to as the beginning of the end. Two decades of the Jack Kent Cooke Curse.
Source: washingtonpost - 🏆 95. / 72 Read more »

Oil rises after OPEC+ says to keep output cuts, Iran tension risesOil rose to multi-week highs on Monday after OPEC indicated it would probably ma... Venezuela? American admin and saudis oil tycoons are bastard.
Source: Reuters - 🏆 2. / 97 Read more »

India's Modi-led coalition likely to win majority, exit polls showIndian Prime Minister Narendra Modi's ruling alliance is likely to win a ma... The pulse of India is with Modi I think danger for Muslims community Congrats PM Modi!! Israel stands with you and India you have made your nation stronger and the US stands with you to counter Pakistan’s terrorist ambitions.
Source: Reuters - 🏆 2. / 97 Read more »

Five safe stocks for risk-blind millennials living in ‘uncertain’ timesA new generation of investors is “awakening without memory of risk,” warns our call of the day, from Jack Murphy, chief investment officer of Levin Easterly... There are safer stocks, but there are no safe stocks.
Source: MarketWatch - 🏆 3. / 97 Read more »