Beijing, April 10: Jack Ma, founder and chairman of Chinese e-commerce giant Alibaba Group, has asked Facebook CEO Mark Zuckerberg to "fix" the social networking giant that is mired in data breach controversy.
Attending the Boao Forum for Asia annual conference, which runs from April 8 to 11, Ma told delegates that Zuckerberg should "really take it seriously".
"It is the time to fix it. It is the time for the CEO to really take it seriously. I think the problems will be solved," Ma said.
Zuckerberg told Congress in written testimony on Monday that he was "responsible for" not preventing the social media platform from being used for harm, including fake news, foreign interference in elections and hate speech.
"We didn't take a broad enough view of our responsibility and that was a big mistake," Xinhua news agency quoted Zuckerburg as saying in a prepared testimony released by the US House Energy and Commerce Committee.
"It was my mistake, and I'm sorry. I started Facebook, I run it and I'm responsible for what happens here," he said in the remarks he is expected to deliver in a hearing on Wednesday.
His apology came after the social media giant found itself embroiled in a widening scandal that a British data firm called Cambridge Analytica had improperly gathered detailed Facebook information on 87 million users.
On US-China trade war, Ma said it was normal for the world's two biggest economies to have problems with trade, but tackling them with a trade war is just like treating a flu with chemotherapies.
"You are not solving the problem of the cold, you are destroying the whole body, the whole system," Ma made the comment while attending a dinner with International Monetary Fund Managing Director Christine Lagarde.
Ma said that trade is about mutual respect and that nobody can stop globalisation.
"Trade is about rules and negotiations. If trade stops, war starts," he said.
Speaking of the US-China trade deficit, Ma dismissed the issue as a problem, citing economic growth and a low jobless rate in the US as well as huge profit made by US firms in the bilateral trade.
"Today as a businessman, I don't feel that trade deficit is a problem," he said.
For her part, Lagarde also warned of the risk of temptation for inward policies, protectionism and closing off to the outside world.
She suggested reducing trade barriers in the service industry where there is "a big, big upside" in promoting openness.
The executive also cautioned challenges to the global economy, including corporate debt and demographic change, saying that "the sun is shining, but we have to look at the cloud arising".
Globalisation has not been inclusive enough in the past decades, but there are ways to fix it, Ma said.
He also said the world is facing a lot of challenges from poverty, environment and technology, noting that innovation is the only way to solve these challenges and problems.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
New Delhi: Election Commission of India’s official results website ‘results.eci.gov.in’ has reportedly experienced a technical outage on Saturday morning, at a time when India closely watches the high-stakes Maharashtra and Jharkhand assembly poll battle.
Visitors visiting the site were met with non-functional links and a generic “counting in progress” message, leaving them without updated election data. The ECI has not issued an official explanation for the disruption.
Vote counting, which began at 8 a.m. with postal ballots, is underway for 288 assembly seats in Maharashtra and 81 in Jharkhand. Early trends suggest a lead for the BJP-led Mahayuti alliance in Maharashtra, currently ahead in 141 seats, while the opposition Maha Vikas Aghadi (MVA) is leading in 96. In Jharkhand, the BJP-led NDA is ahead in 43 seats, while the ruling JMM-led alliance is trailing with leads in 33 constituencies.
Additionally, counting is underway for 48 assembly bypolls across 13 states and two parliamentary seats, Nanded in Maharashtra and Wayanad in Kerala.