Alibaba Changes Top Execs

In somewhat significant tech news, Alibaba changes top execs following Cloud outage. As it deals with escalating competition in the market for public cloud hosting infrastructure providers, Alibaba has announced a significant restructuring of its executive team.

The company said that Daniel Zhang, the current CEO, will take over the interim presidency of Alibaba Cloud Intelligence in a statement(opens in new tab).

Jeff Zhang will now concentrate on the Alibaba DAMO Academy, including some of the company’s IoT initiatives, in his stead, as he takes his place.

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Alibaba changes top execs

According to TechCrunch, one of the greatest Chinese data center failures in recent memory occurred when the company’s Hong Kong servers had a “severe outage” that knocked multiple services, including prominent cryptocurrency exchange OKX, offline for as long as a day.

Other changes include the promotion of co-founder Jane Jiang to Chief People Officer. And also the appointment of Wu Zeming as CTO.

Alibaba expresses the optimism that frequent role changes will aid the business in maintaining its agility.

Zhang stated in an internal email to staff, “We are more certain than ever that ongoing development is the key to tackling the difficulties we face today. As the country enters a new stage of living with Covid. And policymakers have given direction to the future development of the platform economy.”

Although it is well positioned to continue growing, Alibaba is still a significant player in the data center sector. And it faces a number of significant obstacles.