After a 24+ hour Alibaba Cloud outage on December 18, Alibaba names Wu Zeming as CTO and says CEO Daniel Zhang Yong will oversee Cloud, effective immediately (Tracy Qu/South China Morning Post)

Annie Palmer / CNBC:
Amazon increases its average starting pay for front-line US staff to $19+/hour, up from $18/hour; warehouse and delivery workers will earn $16/hour to $26/hour  —  – Amazon is bumping its average starting pay for warehouse and delivery workers to more than $19 an hour, up from $18 an hour, the company said Wednesday.

Cecilia D’Anastasio / Bloomberg:
YouTube names Leo Olebe, who held executive roles in Google Play’s games partnership division and at Facebook, as head of its gaming unit  —  YouTube named a new head of its gaming unit after an eight-month vacancy for the position.  —  Leo Olebe has held executive roles …

Jane Zhang / Bloomberg:
Alibaba reports Q3 revenue up 3% to ~$29B, slightly above estimates, and a surprise ~$2.9B net loss, compared to an expected ~$2.6B profit  —  Alibaba Group Holding Ltd. reported a surprise loss after quarterly revenue barely grew, as China’s rigid Covid controls continue to sap consumer sentiment.

Bloomberg:
AWS announces a new Graviton3E chip for high-performance computing tasks like weather forecasting and gene sequencing, competing with Intel, Nvidia, and others  —  Amazon.com Inc.’s cloud-computing unit is rolling out new chips designed to power the highest-end of computing …

Sergiu Gatlan / BleepingComputer:
Rackspace confirms a ransomware attack caused an ongoing outage to its hosted Microsoft Exchange services, but its other products are fully operational  —  Texas-based cloud computing provider Rackspace has confirmed today that a ransomware attack is behind its ongoing Hosted Exchange outage.

Nilay Patel / The Verge:
Q&A with LinkedIn’s Chief Product Officer Tomer Cohen on the number of people hired via LinkedIn being a core metric, generative AI, regulation, and more  —  We dive into managing the relationships between designers, engineers, and PMs. … Tomer Cohen is the chief product officer at LinkedIn …