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Alibaba shares slide 4 percent after former CEO quits cloud unitAlibaba shares slide 4 percent after former CEO quits cloud unit

The Hong Kong-listed shares of China’s Alibaba Group fell more than 4% on Monday after the surprise departure of former CEO Daniel Zhang from the technology giant’s cloud computing business. Alibaba announced Zhang’s decision to depart the unit in an internal letter to staff seen by Reuters, with co-founder Eddie Wu becoming the unit’s acting […]