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How did Alibaba lose $344 billion | Jack Ma’s Speech

How did Alibaba lose $344 billion | Jack Ma’s Speech

by Johnnyjhembrom | Oct 26, 2021 | Business News

Since last October after Jack Ma criticized China’s financial system we have seen a continuous downfall in Alibaba’s market capitalization. From last year this technology giant has lost a whopping $344 billion – This is known as the biggest wipeout...

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    • Musk Will Not Join Twitter’s Board, Parag SaidMusk Will Not Join Twitter’s Board, Parag Said
      Last week, we heard about the news of Elon Musk’s buying stocks of Twitter and becoming the largest stakeholder in this social media company. Then Mr. Parag Aggarwal (CEO of Twitter), twitted that Mr. Musk will soon be joining board of directors. But now Parag says that Musk doesn’t want to be a part of the board. Elon has decided not to join our board. I sent a brief note to the company, sharing with you all here. pic.twitter.com/lfrXACavvk— Parag Agrawal (@paraga) April 11, 2022 Parag’s latest tweet which says musk is not to join their boards. As Musk is one of the important people for Twitter and will help in growing the company. “Elon is our biggest shareholder and we will remain open to his input,” Agrawal noted in his latest tweet. Also, Musk with some of his tweets suggested the company add an edit button for blue users. I Hope Musk will be suggesting more development for Twitter. For this Agrawal said, “there will be distractions ahead, but our goals and priorities remain unchanged. The decisions we make and how we execute are in our hands, no one else’s”. On noticing these activities CEO of Twitter winked that the platform will bring changes that it feels are relevant. What do you think of Elon Musk -Twitter relationship? Comment down 👇 Read more articles at Businezvalue JohnnyjhembromBusinezvalue was founded by Johnny J Hembrom and his team, an enthusiast in learning business growth and designing. After failing again and again in his business, finally, Johnny had made lots of fortune and want to help new business people & entrepreneurs, and learn from them. //businezvalue.com... Read more...
    • Delinking of FASTag From Vehicle SoonDelinking of FASTag From Vehicle Soon
      Back then, It was not possible to close a FASTag and choose another one with the same vehicle number because of its persistent linkage with the number. It was very difficult to switch to a different FASTag operator because of damaged Tag or unsatisfied service. According to this new guideline which will be implemented on the 30th of June, 2022. Fastag user can delink their vehicle number and choose new tags on the same number. This facility was possible after NPCI (National Payment Corporation of India) made changes to the implication of FASTag by including three new execution codes. What are these codes, Codes are specific label given to fastags that helps toll plazas to identify the status of tags. Fastag to ease toll payment Before, there were only three execution codes, Blacklistlow balanceExempted The newly included codes are – HotlistClosed/ReplacedInvalid Carriage Work of different codes, 1. Hotlist – This will identify tags with negative balance or violations. 2. Exempted – When a vehicle is free from toll fare as per road ministry guidelines. 3. Low-Balance – This label stated to the customer who has an account balance below the minimum threshold limit but not in a negative balance. 4. Invalid Carriage – It is for people owning a vehicle with a physical disability 5. Blacklist – Labels that hold charges for violation by the administrative & regulatory bodies. 6. Closed/Replaced – If the customer has closed the Tag, surrendered the Tag, or re-issued for a new Tag. FASTag is an electronic toll collection process, developed by NPCI. It allows drivers/vehicle owners to pay toll tax at any toll plaza over the national highway without waiting in long toll jams. Read more articles at Businezvalue. JohnnyjhembromBusinezvalue was founded by Johnny J Hembrom and his team, an enthusiast in learning business growth and designing. After failing again and again in his business, finally, Johnny had made lots of fortune and want to help new business people & entrepreneurs, and learn from them. //businezvalue.com... Read more...
    • Single-Use Plastic Ban To Start From July 1Single-Use Plastic Ban To Start From July 1
      Single-use plastic has become a big problem globally, as they are used once and discarded. Products like cups, plates, carry, and straw comes under single-use plastic. Fact:- The world produces 300 Million Ton of plastic each year, half of which are single-use plastic. Some Plastic waste is recyclable, but the sheer volume of waste that covers 90% of plastic waste isn’t recycled. It damages our environment a lot. India itself produced 660 thousand tons of waste in 2019, 40% of which were from packaging. If no active measurement is issued,  Plastic waste there will be around 12 million tons of plastic litter in landfills by 2050. Effects of plastic on the environment, As plastic is a non-biodegradable material, it cannot be decomposed and affect our environment badly. Here is the list of effects – Kills mammalsHazard to childrenPlastic pollutes soilAlso pollutes oceanPlastic blocks drainand many more Government Initiative, In considering the global commitment to reducing plastic use, our Central government will be banning 20 single-use plastic items forever. The decision for this conduct happened last year, 2021. “We have issued directions to state pollution control boards, almost all e-commerce websites, single-use plastic sellers and users, central board of indirect taxes and customs, stating that no single-use plastics identified in the notification dated August 12, 2021, should be sold, stocked or used,” a board official said on condition of anonymity. “There have been several meetings and discussions on the implementation of the ban, so we are expecting all stakeholders to comply.” After this, Ban will become active on 1st July. Prohibited items included in the ban are buds, flags, candy, and ice-cream sticks, decorative Thermocol, PVC banners less than 100 microns thick, stirrers, wrapping films, cups, glasses, and cutlery, among others. Problems related to banning, This ban will not be the first attempt at the single-used plastic ban. The government has attempted multiple bans over the past three decades. The problem that occurs in India are, 1. Enforcement – Central pollution control board and state pollution control board have poor control over the system because of less staff, poor coordination, and inadequate power. 2. Alternative – It is easy to stop big producers and consumer-like Amazon.  But what about the small manufacturer and illegal ones, they will not look for a hard alternative for plastic. 3. Time – It takes time to make people aware. Powers given to pollution control boards, The government has directed state boards to revoke or modify consents and registrations issued to producers of single-use plastics to ensure they have zero inventory by July 1st.  The state pollution boards will also have to direct raw material manufacturers to stop supply and e-commerce companies to discontinue selling banned items. On February 4, the central pollution had issued notices to inform producers of certain single-use plastic products, stockists, retailers, e-commerce companies, shopping malls, and others about ensuring zero inventory of prohibited items by June 30. Read more article at Businezvalue. JohnnyjhembromBusinezvalue was founded by Johnny J Hembrom and his team, an enthusiast in learning business growth and designing. After failing again and again in his business, finally, Johnny had made lots of fortune and want to help new business people & entrepreneurs, and learn from them. //businezvalue.com... Read more...
    • Adventure Of Elon Musk With Twitter 2022Adventure Of Elon Musk With Twitter 2022
      Elon Musk becomes the third-largest stakeholder of Twitter after buying 9.2 % of shares in the company. It is not known when did, Musk bought twitter’s share, But the A.U.S. Securities and Exchange Commission filing made it public on Monday, March 14. Musk bought about 73.5 million shares of Twitter, which is valued at around $3 Billion. This incident caused shares of Twitter to soar around 25% in the market after the news. In a series of tweets, Musk questioned free speech on Twitter and whether the platform is undermining democracy. Elon Musk Musk to join the Twitter board of directors.  According to recent tweets between Parag Aggarwal and Musk, on Tuesday. Musk will be joining the Twitter board of directors after taking his stake in this social media company. This news too soared shares of Twitter to 6% in the morning. Parag Tweets Elon Musk Tweet link 👇 I’m excited to share that we’re appointing @elonmusk to our board! Through conversations with Elon in recent weeks, it became clear to us that he would bring great value to our Board.— Parag Agrawal (@paraga) April 5, 2022 With more influence over the company, will he try to modify Twitter to be more to his liking?  Hours after when Musk’s holding was revealed, Musk took to Twitter to poll users on interest in an edit button. Agrawal retweeted the post, urging people to “vote carefully” as the consequences “will be important.” Musk’s board term is set to expire by 2024, according to a filling in SEC. And he can’t become the beneficial owner of more than 14.9% of the company’s common stock outstanding. Let’s see what are Musk’s plans with Twitter. JohnnyjhembromBusinezvalue was founded by Johnny J Hembrom and his team, an enthusiast in learning business growth and designing. After failing again and again in his business, finally, Johnny had made lots of fortune and want to help new business people & entrepreneurs, and learn from them. //businezvalue.com... Read more...

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