Chinese billionaire, Alibaba and Ant Group co-founder Jack Ma reappears after almost three months of silence, sending Alibaba shares surging. The businessman delivered a speech for rural teachers at an online ceremony, as first reported by Tianmu News. Ma spoke from a room with grey walls, a large painting, and floral arrangements. The location of the room is unclear.

Jack Ma, Alibaba and Ant Group co-founder, reappears after almost three months of silence. Source: Wiki Commons

Alibaba shares jumped 7.5% on the IG platform, currently trading at $269.84. In the last three months, the stock has suffered through volatility following the Ant Group’s IPO suspension, Alibaba anti-trust probe, and Jack Ma’s disappearance.


Kremlin critic Alexei Navalny was arrested minutes after arriving in Moscow from Germany, where he spent five months recovering from the alleged Novichok nerve agent poisoning. Navalny now faces a court hearing to prolong his detention in the police station.

Alexei Navalny, Russian anti-corruption campaigner. Source: WikiCommons

On Sunday evening Navalny was led away by police at passport control in Moscow’s Sheremetyevo airport after officials said he had violated the terms of a suspended sentence for embezzlement imposed in 2014. His detention on arrival was widely expected, as the Russian prison service warned he violated parole terms. …


Guo Wengui, a US-based Chinese billionaire and dissident, who in 2019 predicted that Jack Ma will be ‘jailed or killed’. Source: WikiCommons

US-based Chinese billionaire businessman Guo Wengui (or Miles Kwak, as he goes by in English) had predicted that Alibaba and Ant’s co-founder Jack Ma, will be ‘jailed or killed’ by the Chinese government. In an interview on Realvision conducted in August 2019, Guo said that Ma’s Ant Group is a big problem for the communist party as it challenges the state-run banks.

Back in 2019, these predictions may have sounded paranoid, but they have resurfaced now as Jack Ma has vanished from the public eye. Both of his businesses came under fire of regulators: Ant Group’s IPO suspended and Alibaba…


Jack Ma, co-founder of Alibaba and Ant Group. Source: WikiCommons

Chinese billionaire, Alibaba and Ant co-founder, Jack Ma, is ‘lying low’ according to reports by CNBC’s David Faber. Ma hasn’t been in public in two months and fell out of favour with the communist government right before vanishing from public view. Both Alibaba and Ant have been scrutinised by Chinese financial regulators, who Ma openly criticised at a summit in late October.

Mr Ma was last seen on October 31, at the annual Chinse shopping event. He hasn’t tweeted since October 10 and missed the final episode of ‘Africa’s Business Heroes’, a business TV show created under Ma’s philanthropic entrepreneurship…


The endowment effect is a cognitive bias that makes us overvalue what we already have. Just as Gollum obsessed with the ring, we cling to our ‘precious’ possessions and get caught in the trap of irrational decision-making.

Just as Gollum obsessed with the ring, we cling to our ‘precious’ possessions and get caught in the trap of irrational decision-making. Source: Wiki Commons

What is the endowment effect?

The endowment effect is based on the concept of loss aversion and the prospect theory, which state that people are more driven to avoid loss than to strive for equal gains. In other words, the pain of a loss is higher than the joy of a gain of the same amount. …


An estimated three million tons of food is thrown away every year in the UK hospitality industry. Source: Morning Advertiser

It’s especially busy in a restaurant kitchen at the end of a service. Dozens of waiters gather around black food waste bins scraping leftovers off plates. Juicy roast beef smacks onto ice-cream topped cakes, salads and grilled vegetables mix with chocolate mousse, salmon steaks blend into tiramisu. Everything is seasoned with gravy. Once expensive high-end meals, now turn into a stinking mass of waste, which makes everyone scrunch up their faces.

An estimated three million tons of food is thrown away every year in the UK hospitality industry, but customer leftovers amount to only a half of all waste produced…

Jekaterina Drozdovica

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store