Ali Baba CEO Takes Softer Line With Regulators

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Not long after his boss had a run-in with authorities regarding proposed new regulations for high tech companies. Consequently, they put a stop to his IPO plans for a new tech company he planned to float. That listing was to be the largest public listing in history. The CEO to one of the companies affiliated to the new IPO has come out and agreed with the authorities. Subsequently, he states that the authorities are playing a responsible role in the regulation of the high tech industry in the country. Taking a less abrasive route than his boss he avoided confrontation. Stating he believed that authorities were only doing their duty in wanting the tighter regulation to be fit for purpose. His company which like other high tech companies saw their share price fall. Gained in value after his speech.

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Daniel is our Entertainment Editor and a talented animator with brilliant imagination. Voted “Most likely to make the world a better place” in high school, Daniel decided to learn how to create multiple worlds on his own. With a Bachelor’s degree in 3D Animation from Lynn University, he spent 4 years traveling around the globe, breathing life into artistic ideas and teaching animation to children and young adults from impoverished communities. He used to run a blog with captivating stories about his experiences, eventually joining the staff of Innovative Magazine, which was the beginning of his career in journalism. Daniel is incapable of missing any news from the industry of Sci-Fi and gaming. Sometimes he even predicts them: that’s why we call him “Our Oracle”. He believes that imagination is what makes the world go round. He collects arcade games from the 1980s and mockbuster DVDs (the more ridiculous, the merrier). Email:major@democracyforus.org

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