Weekly News Roundup

Why Alibaba's CEO Stepped Down: Weekly News Roundup

Data & Featured Lists Editor
3 min read

Looking to keep on top of the latest headlines in business innovation and tech? Check out our Weekly News recaps posted every Friday morning -- a quick summary designed to keep you current. 

Alibaba is shuffling top management amidst a hiring freeze and a 45% revenue jump. In a memo to employees obtained by the WSJ, Alibaba founder Jack Ma explains why the Chinese e-commerce giant appointed COO Daniel Zhang to replace Jonathan Lu as chief executive.

Soon, developers and gamers won't be the only ones to get their hands on Oculus Rift's VR technology. The Facebook-owned company is expected to sell the much-hyped consumer headset in early 2016.

Are you a frequent flier? JetBlue and Amazon are teaming up to give passengers more ways to get through their flights.

And learn how Microsoft will be the first tech giant to give its users the middle-finger.

Related: When John Sculley's Back is Against the Wall, He Does This: Your Weekly Tips Roundup

 

 

 

 

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