May 7, 2015

Alibaba Group elevated COO Daniel Zhang to the role of CEO.

May 8

Jay Z and wife Beyoncé purchased a $2.6 million residence in New Orleans. The 13,292-square-foot property, built in 1925, previously served as a Presbyterian church and a ballet school.

Paula Abdul signed with ICM Partners.

19 Entertainment founder and American Idol creator Simon Fuller listed his Beverly Hills home for $18.95 million. The five-bed, eight-bath mansion features a screening room, spacious wine cellar and guesthouse.

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