Cyber Monday Sale! 50% Off All Access

Jack Ma to Take Early Retirement & Tesla's Shares Fall 6%: 4 Things to Know Today Stay tuned to get every day updates in 60 seconds.

By Komal Nathani

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

1. Alibaba's executive chairman Jack Ma is set to step down. English Teacher turned Tech founder, Ma is reportedly planning to take an early retirement to focus on philanthropy in education.

2. Elon Musk is losing control. After calling Thai cave diver child rapist in an angry email, the Tesla CEO again made headlines this week for smoking weed during a live podcast. Following the act, Tesla's shares crashed 6 per cent.

3. Apple products' price is about to hit a new high. The tech giant admitted that US proposed tariffs on China will increase their production cost greatly, ultimately raising the prices.

4. Uber has big plans for Japan. In a bit to establish itself as an independent cab aggregator in the country, Uber would be soon launching a taxi-hailing app for taxis operating in Nagoya.

Here's the "news that entrepreneurs can use". Know what's trending in the Indian business world in 60 seconds.

Komal Nathani

Former Correspondent, Entrepreneur Asia Pacific

A firm believer of hard work and patience. Love to cover stories that hold a potential to change the momentum of business world. Currently, a part of all-women web team of Entrepreneur’s Asia Pacific edition to jig the wheel of business journalism!

Marketing

How to Beat the Post-Holiday Sales Slump and Crush Your Q1 Goals

Overcome the post-holiday sales slump and keep the momentum strong with these key tips.

Franchise

You Can Start These 10 Franchises for $10,000 or Less

Many budget-friendly franchise opportunities are in industries with high demand, such as home services, cleaning or mobile businesses.

Franchise

Subway's CEO Steps Down Amid a Major Transition for the Sandwich Giant

John Chidsey will step down at the end of 2024, marking the close of a transformative five-year tenure.

Business News

'I Stand By My Decisions': A CEO Is Going Viral For Firing Almost All of the Company's Employees — Here's Why

The Musicians Club CEO Baldvin Oddsson fired 99 workers at once over Slack for missing a morning meeting. But there's a catch.

Business News

'If It Seems Too Good to Be True It Probably Is': $18 Million Worth of 'Great Deals' Confiscated By Border Cops

A shipment of 3,000 fake Gibson guitars from Asia was seized at the Los Angeles-Long Beach Seaport.