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(AP Photo/Thibault Camus). Today, Jack Ma officially steps down as the chairman of Alibaba, the giant e-commerce company he cofounded 20 years ago. Ma’s resignation also falls on another momentous day—his 55th birthday. Ma has implemented a succession plan—passing the baton to the next generation, including CEO Daniel Zhang and CFO Maggie Wu. “Having been trained as a teacher, I feel extremely proud of what I have achieved. Teachers always want their students to exceed them, so the responsible thing to do for me and the company to do is to let younger, more talented people take over in leadership roles so that they inherit our mission ‘to make it easy to do business anywhere,’” Ma ... Full story

10 September