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Alibaba ex-CEO Zhang quits co, Jack Ma's confidants take over, ET Retail

Zhang's departure ends a storied tenure during which Alibaba became China's largest company and ventured into new arenas such as physical retail. An Alibaba representative confirmed Zhang's departure. The former CEO will now steer a $1-billion technology investment fund on Alibaba's behalf.

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Alibaba stock slides after ex-CEO abruptly quits cloud unit ahead of IPO

Alibaba's stock fell over 4% in Hong Kong after ex-CEO Daniel Zhang resigned from the company's cloud computing unit. Concerns have arisen over the spin-off plan for the unit and potential discord at the top. New CEO Eddie Wu will take on the role of acting CEO and chairman of the unit, which is struggling with weak sales growth ahead of its planned IPO next year.

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HONG KONG -- Daniel Zhang, former chief executive of Alibaba Group Holding, has stepped down as the head of the Chinese tech giant's cloud division, l

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Chinese vice premier to visit Russia - TeleTrader.com

Chinese Vice Premier Zhang Guoqing will attend the Eastern Economic Forum in Russia, the Chinese Foreign Ministry said on Friday. The forum will take place in Vladivostok on September 10-12. "Dis...

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Traditional Chinese adage boosts Zhang's title defense

China's mixed martial arts (MMA) athlete Zhang Weili has once again proven that she's the best women's MMA strawweight fighter in the world with a unanimous decision win over Amanda Lemos in the co-main event at the UFC 292 on August 20.

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Huawei chip: Huawei's new chip breakthrough likely to trigger closer US scrutiny, say analysts

Huawei unexpectedly unveiled the latest Mate 60 Pro smartphone last week during US Commerce Secretary Gina Raimondo's visit in China, as the government readies a new $40-billion investment fund to bolster its developing chip sector.

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China, Russia say US, allies actions garnered N. Korea's reaction

Chinese and Russian representatives to the United Nations criticized the United States and its allies' approach to peace and security in Northeast Asia during a UN Security Council meeting. "...

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Weaknesses in monitoring, forecasting exposed during N China's worst flood: Ministry of Water Resources

The worst flood that hit the Haihe River Basin in North China since 1963 has exposed weaknesses in monitoring and forecasting capabilities for floods, said China’s Ministry of Water Resources (MWR) on Monday.

From July 28 to August 1, some 22 rivers in the basin experienced above-warning level flooding, and eight rivers reported the largest floods ever recorded, said MWR officials at a news conference. The disaster has caused 61 deaths, and millions of people were impacted.

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Chinese fighter Zhang Weili clinches another victory at UFC 292

China's mixed martial arts (MMA) athlete Zhang Weili put on a nearly flawless performance during the UFC 292 co-main event in Boston on Saturday, marking her fourth strawweight title fight win.

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Honkai Star Rail Topaz: Release Date, Banner, Kit, Materials, and Abilities

Honkai Star Rail Topaz: Release Date, Banner, Kit, Materials, and Abilities
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