Bitcoin (BTC-USD) dipped below the $27,000 mark after news emerged that Binance, the world’s largest cryptocurrency exchange, is facing a US ban.
Jack Ma's whereabouts are making headlines again, roughly a year after the billionaire founder of Alibaba disappeared from the public eye. Ma had chosen to stay abroad despite China's efforts to restore confidence in entrepreneurs, Bloomberg reported, citing unnamed sources. Within hours, however, it seems Ma actually visited an Alibaba-funded K-12 school in Hangzhou, according to an article published by the school, Yungu.
To get a deal done, government regulators agreed to a series of concessions.
Disney's push to cut costs will see 7,000 people leave the company this year, a process CEO Bob Iger said will begin this week and result in "challenges ahead" for the media giant.
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