Report: Alibaba halts U.S. cloud expansion because of Silicon Valley recruiting woes

Chinese e-commerce conglomerate Alibaba Group Holding Ltd. is reportedly struggling to hire and retain Silicon Valley talent, and that’s hampered the company’s goals to grow its cloud business in the United States. Alibaba is halting plans to expand its U.S. cloud business, The Information reported on Friday, citing people familiar with the matter. The company opened its U.S. headquarters in San Mateo in 2015 as a launching pad to take on the big players in the cloud market — Amazon.com’s Amazon…

Read the original:
Report: Alibaba halts U.S. cloud expansion because of Silicon Valley recruiting woes