Ant Group gets new CEO as billionaire founder Jack Ma talks up AI

News Snapshot:

Jack Ma, founder of Alibaba Group, speaks during 2020 China Green Companies Summit on September 29, 2020 in Haikou, Hainan Province of China. Ant Group president and finance chief Cyril Han will take over as chief executive officer from next year, the financial technology giant announced Sunday as it looks to reignite growth after Beijing's crackdown on the tech sector. Han will take over the role from Eric Jing who will remain as chairman, according to an email seen by CNBC announcing the changes. Han will report to Jing and the changes will take effect effect on Mar. 1, 2025....