Showing posts with label Jack Ma. Show all posts
Showing posts with label Jack Ma. Show all posts

Thursday, September 20, 2018

Headlines


Trump orders declassification of surveillance  applications, release of Comey texts

Commerce Secretary Wilbur Ross: China's 'out of billets' to retaliate against Trump's new tariffs

Politics dominates Emmy Red Carpet ...

Emmys catastrophe: Ratings crater 10% to new all-time low ..

Flake's revenge: Trump's antagonist holds back on Kavanaugh

China must retaliate against US tariffs, Commerce Ministry says

[Christine Ford's] LAWYER: Not her job to corroborate her [Kavanaugh] story ...

Texas declares 'final victory' in voter ID lawsuit

Trump's Space Force struggling to launch

Your Social Security check could be 2.8 percent higher next year

[Alibaba's Jack] Ma: Trade war could last 20 years ...

China retaliates levying tariffs on $60 billion if U.S. goofs

Wednesday, January 11, 2017

Headlines


These headlines are real ... they have all been discovered on Internet news sites.

Trump and Ali Baba's Jack Ma plan to create 1 million U.S. jobs

Apple seeks to expand manufacturing in Arizona

Booker to testify against fellow Senator [Sessions] in unprecedented move ...

LA needs to borrow millions to cover legal payouts ...

'Clock Boy' loses in court, father's defamation lawsuit dismissed

Majority of Americans believe that Russia was behind DNC hack

Congressional Black Caucus to re-hang anti-cop 'Police are Pigs' painting in Capitol

Washington [DC] City Council considers 'sanctuary city' status.

Wat? Pelosi: Obamacare was 'bipartisan' legislation

Obama administration makes desperate play to save transgender bathrooms

Turkey continues to accuse USA of supporting ISIS ...

Kim Kardashian's chauffeur arrested for 'inside job' in Paris armed robbery

Tuesday, January 10, 2017

Implied Threat


Donald Trump has no love for Jeff Bezos and his on-line retailing behemoth, Amazon. Since Bezos personally bought the Washington Post, this newspaper has been going after Trump tooth and nail. And Trump, in return, has implied that Amazon is too big for its britches and is an antitrust threat to much of American retailing. Enter Jack Ma and his Ali Baba corporation which is in roughly the same business in China that Amazon is in in the United States ... and has had designs on expanding it's empire here. So Trump invites Ma to Trump tower where he poses with Ma who pledges to create 1 million jobs in America ... see: CNBC Story.

Although Ali Baba moves more on-line merchandise, Amazon, because of its different business model, has higher revenue. Here is a comparison of the financial performance of these two companies: NASDAQ Article.

This meeting suggest that Trump is once again picking winners and losers in American business ... something I was very critical of Obummer for doing. And even though Amazon probably does need to be reined in somewhat, I am I little chary of Trump playing Teddy Roosevelt and going after this particular corporate excess. But I also feel that Amazon does pose a systemic threat to American industry. (I need to be more decisive.)