Tech giant Alibaba announces crypto-friendly chair following Daniel Zhang stepping down
The next chair of major tech giant Alibaba will be Joe Tsai, while Daniel Zhang will step down as chair and CEO in September.
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The next chair of major tech giant Alibaba will be Joe Tsai, while Daniel Zhang will step down as chair and CEO in September.
Two members of the Chinese company's founding leadership team are taking on new roles for the global online marketplace.
Alibaba's CEO and Chairman stepped down in a surprise move to lead its cloud business as the company doubles down on global expansion. But Alibaba shares fell 4%.
The new partnership with Shaanxi Coal and Chemical Industry Group is aimed at digitising the energy industry in western China, Alibaba says.
Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, is partnering with Asia Pacific College (APC) to train and strengthen the cloud computing competencies of teachers and students as part of its efforts on local digital talent empowerment in the Philippines.