Alibaba shuts quantum computing lab amid cutbacks
30 people set to lose jobs from closure of lab
News - Daniel Zhang
The latest news from the data center, telco, and cloud sector
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US chip export ban scuppers Alibaba's cloud spin off
Shares fall by 10 percent
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Alibaba CEO Daniel Zhang quits company, steps down as leader of cloud unit
Leadership restructure was meant to see Zhang focus solely on Alibaba Cloud
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Alibaba to spin out and separately list cloud unit
Company set to bring in external strategic investors through private financing ahead of spin-off
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Alibaba forms Cloud Intelligence Group as separate business
Part of companies bigger plan to split into six business groups
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Alibaba CEO Daniel Zhang takes charge of cloud unit
C-suite rotation comes weeks after major outage in Hong Kong
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SAP teams up with Alibaba Cloud in China
SAP's in-memory database to be available locally as a cloud service