Alibaba's Billionaire Founder Steps Down as CEO

Alibaba Group Holdings Ltd.’s billionaire founder Jack Ma will step down as chief executive officer, stoking speculation that China’s largest e-commerce company is preparing for an initial public offering.
Today Is the 10th Anniversary of London's 7/7 Bombings
03:51 - Bloomberg's Vonnie Quinn highlights photos that illustrate top stories from around the world. She speaks on “Bloomberg Surveillance.” (Source: Bloomberg)
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