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Jack Ma thinks that a lot of people could lose their jobs to automation in the coming years, and this could be a serious geopolitical issue.
The CEO of Alibaba is now the 14th richest person in the world, according to Bloomberg.
Shares of the Chinese commerce giant went through the roof after a big announcement this morning.
Investors are already betting that Ant Financial and Euronet will raise their bids for MoneyGram.
Ant Financial, whose anchor business is Alipay, China's largest online payments service, was spun off from Alibaba in 2011.
Alibaba executive chairman Jack Ma on Thursday announced a 12-year, three-part digital partnership with the International Olympic Committee.
President-elect Donald Trump has reason to believe Alibaba will deliver 1 million US jobs.
Yahoo is becoming Altaba after the sale.
Alibaba CEO Jack Ma met with Donald Trump on Monday.
As more companies begin launching ride-sharing networks and self-driving car programs, the worlds of tech, transportation and venture capital are colliding.