Jack Ma, a billionaire pioneer of China's internet industry, will step down as Alibaba's executive chairman next year to make way for the company's next generation of leaders.
Alibaba CEO Daniel Zhang will inherit the role of chairman next year from Jack Ma, the flamboyant Chinese entrepreneur who built the $420 billion internet business from scratch.
European lawmakers have approved new rules that could force Google and Facebook to stop users uploading copyrighted content and to share revenue with writers and musicians.
Kitty Hawk is funded by Google cofounder Larry Page and led by CEO Sebastian Thrun, a self-driving car pioneer. Thrun sees personalized air transportation as the solution to traffic congestion.