Alibaba to shut down its 12-year-old music streaming app
Jack Ma-founded Chinese tech conglomerate Alibaba on Tuesday announced that it is shutting its 12-year-old music streaming app Xiami. "It’s hard to say goodbye after being with you for 12 years," the app, which was acquired by Alibaba in 2013, said. This comes as Jack Ma is reportedly "laying low" amid the Chinese government's investigations into his business empire.