Sources: Jack Ma has returned to Alibaba's campuses after vanishing from the public eye during China's 2020 tech crackdown, influencing Alibaba's pivot to AI
Bloomberg :
Source: Anton Levy is stepping down as General Atlantic's co-president and chairman of global technology; Levy led investments in Alibaba, Facebook, and more
No word yet on his future plans, although it doesn't sound like anything is imminent. — Levy will be replaced …
Report: Alibaba splits the team developing apps for its AI chatbot Qianwen from the team that builds its LLM, following similar moves by ByteDance and Baidu
Wency Chen / South China Morning Post :
Report: Alibaba splits the team developing apps for its AI chatbot Qianwen from the team that builds its LLM, following similar moves by ByteDance and Baidu
Wency Chen / South China Morning Post :
Alibaba appoints Jiang Fan its new e-commerce chief in an overhaul of the struggling business; Jiang was demoted in 2020 after allegations of improper conduct
Bloomberg :
Tens of thousands of overworked employees have left their jobs at China's largest tech companies in recent years, as the industry lost its growth momentum
- As of the end of 2023, China's BAT - Baidu, Alibaba and Tencent - had a combined total of 364,477 employees, a drop of nearly 25,000 from a year before
Tens of thousands of overworked employees have left their jobs at China's largest tech companies in recent years, as the industry lost its growth momentum
- As of the end of 2023, China's BAT - Baidu, Alibaba and Tencent - had a combined total of 364,477 employees, a drop of nearly 25,000 from a year before X: @jeff4malaysia and @tomorrownook X: Jeff Oo...
In a lengthy memo on Alibaba's internal forum, Jack Ma voiced support for the company during its turbulent restructuring, saying Alibaba is on the right path
Bloomberg :
Internal memo: Alibaba plans to roll out a new staff incentive plan on April 1 that combines equity with cash, a significant change to attract and retain talent
Bloomberg :
Employees, sources, and experts describe a crisis at Alibaba, as the company struggles to chart a new course and an ambitious restructuring didn't go as planned
Once Asia's most valuable company, the group has fallen behind rivals amid a chaotic restructuring X: @adam_tooze X: Adam Tooze / @adam_tooze : “It is the worst of both worlds. Even large profitable t...