{"id":2034,"date":"2022-12-29T23:05:27","date_gmt":"2022-12-29T23:05:27","guid":{"rendered":"https:\/\/entertainment.runfyers.com\/index.php\/2022\/12\/29\/daily-crunch-2-weeks-after-extended-system-failure-alibaba-ceo-takes-over-companys-cloud-division\/"},"modified":"2022-12-29T23:05:27","modified_gmt":"2022-12-29T23:05:27","slug":"daily-crunch-2-weeks-after-extended-system-failure-alibaba-ceo-takes-over-companys-cloud-division","status":"publish","type":"post","link":"https:\/\/entertainment.runfyers.com\/index.php\/2022\/12\/29\/daily-crunch-2-weeks-after-extended-system-failure-alibaba-ceo-takes-over-companys-cloud-division\/","title":{"rendered":"Daily Crunch: 2 weeks after extended system failure, Alibaba CEO takes over company&#8217;s cloud division"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p id=\"speakable-summary\"><em>To get a roundup of TechCrunch\u2019s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT,<\/em><a href=\"http:\/\/link.techcrunch.com\/join\/134\/signup-all-newsletters\" target=\"_blank\" rel=\"noopener\"> <em>subscribe here<\/em><\/a><em>.<\/em><\/p>\n<p>We\u2019re almost there, folks. It\u2019s the last Thursday of 2022, and today we have some news for you out of Alibaba and Spotify, as well as some crypto news out of India. And as always, we give you some goodness from TC+, our premium membership program. Read on, dear readers, and we\u2019ll be back again tomorrow to bring you the final moments of 2022 in tech. \u2014 <a href=\"https:\/\/twitter.com\/Pickavet\" target=\"_blank\" rel=\"noopener\">HP<\/a><\/p>\n<h2>The TechCrunch Top 3<\/h2>\n<ul>\n<li><strong><a href=\"https:\/\/techcrunch.com\/2022\/12\/29\/alibaba-reshuffle-2022\/\" target=\"_blank\" rel=\"noopener\">Alibaba\u2019s cloud move<\/a><\/strong>: Alibaba Cloud has a new president, <a href=\"https:\/\/twitter.com\/ritacyliao\" target=\"_blank\" rel=\"noopener\">Rita<\/a> reports. The third-largest public cloud infrastructure provider in the world only after AWS and Microsoft has appointed Daniel Zhang, the company\u2019s CEO, as acting president.<\/li>\n<li><strong><a href=\"https:\/\/techcrunch.com\/2022\/12\/29\/spotify-ring-in-2023-with-new-years-hub\/\" target=\"_blank\" rel=\"noopener\">Ring it in with Spotify<\/a><\/strong>: <a href=\"https:\/\/twitter.com\/aiishamalik1\" target=\"_blank\" rel=\"noopener\">Aisha<\/a> writes that the platform wants to help you welcome 2023 in style with what it thinks you might enjoy. Such playlists as \u201cParty Hits,\u201d \u201cFloor Fillers,\u201d \u201cPop Party\u201d and \u201cRock Party\u201d will usher you up to and past midnight. The hub also gives you some DJ mixes from the likes of TT the Artist, Carlita, AM\u00c9M\u00c9, Coco &amp; Breezy, &amp;ME and Austin Millz. Get down!<\/li>\n<li><strong><a href=\"https:\/\/techcrunch.com\/2022\/12\/29\/india-to-explore-prohibition-of-unbacked-crypto-in-its-g20-presidency\/\" target=\"_blank\" rel=\"noopener\">Indian crypto regulation<\/a><\/strong>: Under its G20 presidency, India has said it will look to prioritize the development of a framework for the global regulation of unbacked crypto assets, stablecoins and decentralized finance, writes <a href=\"https:\/\/twitter.com\/refsrc\" target=\"_blank\" rel=\"noopener\">Manish<\/a>.<\/li>\n<\/ul>\n<h2>Startups and VC<\/h2>\n<ul>\n<li><a href=\"https:\/\/techcrunch.com\/2022\/12\/29\/recall-ai\/\" target=\"_blank\" rel=\"noopener\"><strong>Recall this<\/strong>:<\/a> <a href=\"https:\/\/twitter.com\/catherineshu\" target=\"_blank\" rel=\"noopener\">Catherine<\/a> writes that Recall.ai raised $2.7 million in a seed funding round to help with a unified API that works with Zoom, Google Meet and Microsoft Teams to help customers build apps for a number of use cases.<\/li>\n<li><strong><a href=\"https:\/\/techcrunch.com\/2022\/12\/29\/fintech-ggv-capital-hans-tung-down-rounds\/\" target=\"_blank\" rel=\"noopener\">Down rounds<\/a><\/strong>: <a href=\"https:\/\/twitter.com\/bayareawriter\" target=\"_blank\" rel=\"noopener\">Mary Ann<\/a> spoke with GGV\u2019s Hans Tung and Robin Li about the firm\u2019s position in a challenging venture environment. (Requires TC+ subscription.)<\/li>\n<\/ul>\n<h2>Redefining \u2018founder-friendly\u2019 capital in the post-FTX era<\/h2>\n<div id=\"attachment_2462754\" style=\"width: 1034px\" class=\"wp-caption aligncenter\"><\/p>\n<p id=\"caption-attachment-2462754\" class=\"wp-caption-text\"><strong>Image Credits:<\/strong> <a href=\"https:\/\/www.gettyimages.in\/search\/photographer?photographer=stockcam\" target=\"_blank\" rel=\"noopener\">stockcam <span class=\"screen-reader-text\">(opens in a new window)<\/span><\/a> \/ Getty Images<\/p>\n<\/div>\n<p>Could the FTX debacle have been avoided if investors had taken a more active interest in the company\u2019s operations?<\/p>\n<p>Given the chilly climate for late-stage fundraising and widespread economic uncertainty, \u201cit\u2019s time for the startup community to redefine what \u2018founder-friendly\u2019 capital means and balance both the source and cost of that capital,\u201d writes Blair Silverberg, co-founder and CEO of Hum Capital.<\/p>\n<p>In a TC+ guest post, he weighs the relative benefits of active versus passive investors, breaks down the basics of debt startup financing, and shares advice \u201cfor founders seeking a better balance of capital and external expertise for their businesses.\u201d<\/p>\n<p><a href=\"https:\/\/techcrunch.com\/techcrunchplus\/\" target=\"_blank\" rel=\"noopener\"><em>TechCrunch+<\/em><\/a><em> is our membership program that helps founders and startup teams get ahead of the pack.<\/em><a href=\"https:\/\/link.techcrunch.com\/click\/26685582.342535\/aHR0cHM6Ly90ZWNoY3J1bmNoLmNvbS9zdWJzY3JpYmUvP3V0bV9tZWRpdW09VENuZXdzbGV0dGVyJnRwY2M9VENkYWlseW5ld3NsZXR0ZXI\/6036d5494a049802a929497cBf82fd2bd\" target=\"_blank\" rel=\"noopener\"><em> You can sign up here<\/em><\/a><em>. Use code \u201cDC\u201d for a 15% discount on an annual subscription!<\/em><\/p>\n<h2>Looking back and looking ahead<\/h2>\n<p>We <a href=\"https:\/\/techcrunch.com\/2022\/12\/29\/crypto-market-2022-how-techcrunch-covered-crypto-market\/\" target=\"_blank\" rel=\"noopener\">rounded up<\/a> the best of our TC+ coverage from the roller-coaster year in crypto. Not enough? <a href=\"https:\/\/twitter.com\/jacqmelinek\" target=\"_blank\" rel=\"noopener\">Jacquie<\/a> provided us with a couple extra in order to squeeze more pulp out of the crypto juice:<\/p>\n<p><a href=\"https:\/\/twitter.com\/ron_miller\" target=\"_blank\" rel=\"noopener\">Ron<\/a> took a look at the <a href=\"https:\/\/techcrunch.com\/2022\/12\/29\/private-equity-dominated-the-top-10-enterprise-ma-deals-in-2022\/\" target=\"_blank\" rel=\"noopener\">private equity that dominated the top 10 enterprise M&amp;A deals<\/a> this year. The deals totaled nearly $154 billion. (Requires TC+ subscription.)<\/p>\n<p><a href=\"https:\/\/twitter.com\/rebeccabellan\" target=\"_blank\" rel=\"noopener\">Rebecca<\/a> has some ideas about <a href=\"https:\/\/techcrunch.com\/2022\/12\/29\/e-bike-subsidies-consolidation-and-ipos-our-2023-micromobility-predictions\/\" target=\"_blank\" rel=\"noopener\">what is in store for the micromobility market in 2023<\/a> \u2014 after what she said was a \u201ctumultuous\u201d year.<\/p>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><br \/>\n<br \/><a href=\"https:\/\/techcrunch.com\/2022\/12\/29\/daily-crunch-2-weeks-after-extended-system-failure-alibaba-ceo-takes-over-companys-cloud-division\/\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>To get a roundup of TechCrunch\u2019s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. We\u2019re almost there, folks. It\u2019s the last Thursday of 2022, and today we have some news for you out of Alibaba and Spotify, as well as some crypto news out of India. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2035,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":{"0":"post-2034","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-tech"},"_links":{"self":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/2034","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=2034"}],"version-history":[{"count":0,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/2034\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/2035"}],"wp:attachment":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=2034"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=2034"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=2034"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}