Space Industry and Business News
INTERNET SPACE
 Chinese tech giant Alibaba names next CEO
Chinese tech giant Alibaba names next CEO
 by AFP Staff Writers
 Beijing (AFP) June 20, 2023

Chinese tech giant Alibaba announced on Tuesday that it will replace chairman and CEO Daniel Zhang with current executive vice chairman Joseph Tsai in September.

Zhang said in a statement it was "the right time" for him to step down as the firm looks to implement a full spin-off of its advanced cloud computing unit.

Hangzhou-based Alibaba is one of China's most prominent technology firms, with business operations spanning cloud computing, e-commerce, logistics, media and entertainment, and artificial intelligence.

Following the executive transition, Zhang will continue to serve as chairman and CEO of Alibaba Cloud Intelligence Group, the company said.

The firm has faced several unprecedented headwinds in recent years as Beijing imposed tighter restrictions on the domestic tech sector.

Alibaba said in late March that it would split into six business groups in one of the most significant overhauls of a leading Chinese tech firm to date.

pfc-je/dan

Alibaba

Related Links
 Satellite-based Internet technologies

Subscribe Free To Our Daily Newsletters
Tweet

RELATED CONTENT
The following news reports may link to other Space Media Network websites.
INTERNET SPACE
Vodafone, Three announce plan for biggest UK mobile group
 London (AFP) June 14, 2023
 Mobile phone giant Vodafone has agreed to merge British operations with Three UK, owned by Hong Kong-based CK Hutchison, to create Britain's biggest operator with 27 million customers and accelerate rollout of faster 5G connectivity, the pair said Wednesday. Expansion of 5G across the UK has been hampered by Britain's ban on Chinese giant Huawei, a major supplier of equipment for mobile telephone networks. Vodafone and CK Hutchison said in a joint statement they were targeting a value of Pounds 16.5 b ... read more
INTERNET SPACE
Defense Department announces effort to increase Idaho cobalt extraction

 US judge pauses Microsoft's Activision buy

 Italy sets curbs on Pirelli's Chinese investor Sinochem

 AFRL demonstrates new augmented reality capability to improve DAF Nondestructive Inspections
INTERNET SPACE
Final Ariane 5 Flight Will Carry German Communications Satellite Into Space

 OneWeb and Eutelsat demonstrate global connectivity solution to NATO

 Viasat selected by AFRL to deliver space relay communications for multi-orbit mission

 SES delivers satellite connectivity to AWS Modular Data Center for DoD
INTERNET SPACE
INTERNET SPACE
LEO PNT satellite signal simulator debuts at JNC 2023 conference

 Northrop Grumman to produce new maritime navigation sensor for US Navy

 Galileo Second Generation enters full development phase

 Royal navy tests quantum sensor for future navigation systems
INTERNET SPACE
RTX STEP-Tech demonstrator completes first engine and electrical system test

 France to plough cash into low-emission planes: Macron

 Helicopter 'mishap' injures 22 U.S. service members in Syria, CENTCOM says

 NATO begins unprecedented air drill in 'show of strength'
INTERNET SPACE
Intel to invest up to $4.6 bn in new Poland chip site

 Ex-Samsung exec charged with stealing chip tech for China factory

 US chip giant Micron to invest $600 mn in China plant

 MIT engineers develop a soft, printable, metal-free electrode
INTERNET SPACE
Thales Alenia Space joins tema to develop Destination Earth core service platform

 Terran Orbital and ImageSat International set to launch RUNNER-1 EO sat

 Sidus to launch LizzieSat with Edge AI, hyperspectral and multispectral imaging

 Harris announces $100M initiative to fight climate change, arms smuggling in Caribbean
INTERNET SPACE
Trendy French island limits visitors to fight 'overtourism'

 Intelsat starts testing NASA air pollution monitor

 Toxic smoke dissipates over northeastern US

 Smoke from Canadian wildfires cloaks eastern US with haze
Subscribe Free To Our Daily Newsletters




The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.