• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

2

'We are rapidly running out of time': Watchdog sounds Social Security alarm after 22% cut confirmed for 2032

3

Trump, who has repeatedly called climate change fake, is now threatening Brazil with tariffs over the deforestation of the Amazon

1

Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

2

'We are rapidly running out of time': Watchdog sounds Social Security alarm after 22% cut confirmed for 2032

3

Trump, who has repeatedly called climate change fake, is now threatening Brazil with tariffs over the deforestation of the Amazon
TechData Sheet

Data Sheet—Jack Ma’s Next Chapter and What His Departure Means for Alibaba

By
Adam Lashinsky
Adam Lashinsky
and
Jeff John Roberts
Jeff John Roberts
Down Arrow Button Icon
By
Adam Lashinsky
Adam Lashinsky
and
Jeff John Roberts
Jeff John Roberts
Down Arrow Button Icon
September 10, 2018, 9:00 AM ET

This is the web version of Data Sheet, Fortune’s daily newsletter on the top tech news. To get it delivered daily to your in-box, sign up here.

Jack Ma has spoken frequently about retiring. When I interviewed him last year, for example, he said he’d been thinking about retirement since he turned 45 and that eventually younger people deserve a shot to lead. “I don’t want to die in my office,” he said. “I want to die on the beach.”

Ma made his departure official Monday, announcing he’ll step down as executive chairman in one year. That would be his 55th birthday, or a decade to the day he says he started thinking about when to hang it up.

Tongues from China to Seattle to Washington, D.C., immediately began wagging: Why is Ma leaving? Has Alibaba peaked? Does Ma think China has peaked? Is he cleverly sidestepping the day when he can no longer run his business without overt interference from government officials in Beijing?

Having observed Ma at Alibaba headquarters in Hangzhou this past summer, I’m guessing the correct answer is ‘none of the above.’ Ma’s commitment to Alibaba, where he is a cult figure, is sincere. I watched him give a pep rally to new management recruits, and it was tough to tell who was more enthusiastic, them or him.

To outsiders, it’s also tough to reconcile Ma’s departure with the ascension of his 46-year-old successor, Daniel Zhang, a former accountant and 11-year veteran of Alibaba. Zhang has little of Ma’s charisma. But few people do. According to Alibaba insiders, Zhang is a workaholic who touches every aspect of what happens at Alibaba. Despite the hunger by the outside world to hear from Jack Ma, it is Daniel Zhang who already calls the day-to-day shots.

Just as the second career of philanthropist Bill Gates has been a wonder to watch, the next chapter of Jack Ma’s life will be fascinating.

***

Quartz published a thoughtful speculative piece about Apple’s video strategy. They postulate that Apple plans to give away the programs it is spending profusely to acquire rather than charging them. The article also wonders if Apple will illuminate its strategy at its product-launch event this week

Adam Lashinsky
@adamlashinsky
adam_lashinsky@fortune.com

NEWSWORTHY

Apple a day. Apple has been talking to the likes of the New York Times and the Wall Street Journal about joining Texture, a "Netflix for magazines" service the company acquired this year. The newspapers are already doing a fair job selling digital subscriptions on their own so its unclear if a deal makes sense. On the other hand, access to over 1 billion Apple devices could be tempting.

Bad Apple. Conspiracy loon Alex Jones is running out of places to peddle his monstrous nonsense. Apple gave him the heave-ho from its app store, following the likes of YouTube, Facebook, and—more recently—Twitter.

Poison Apple. Researchers found a popular anti-adware iOS app was stealing users' browsing history, and sending it to China. While Apple quickly purged the app, further reports pointed to other malicious apps turning up in the App store, despite the company's reputation for careful screening.

Bobbing for Apple users: Dozens of popular iOS apps, including AskFM and NOAA Weather Radar, are selling users' location information to data brokers. The apps, some of which appear to be contravening their privacy pledges, discern users' whereabouts from cues like Wi-Fi locations and Bluetooth beacons.

Not Apple: The FTC has cracked down on unscrupulous companies that ran sites like "Army.com" and "NavyEnlist.com," which appeared official, but whose purpose was to serve as sales leads for for-profit colleges.

Amazon, meet antitrust: The New York Times profiles Lina Khan, a young scholar whose influential law journal article is driving a push to revive old anti-monopoly laws, posing possible trouble for Amazon. The piece is slim on legal details but has fun tidbits about "hipster antirust."

(Bonus: Dorothy Parker's dirty apple quip)

FOOD FOR THOUGHT

The race to build 5G wireless technology is intensifying. The new standard, which will let carriers deliver data more efficiently, is critical to building out driverless car networks and other Internet-enabled tech. It will also mean lucrative IP royalties for leading companies. So far, China is in the lead as its state-backed strategy has helped build out more of the physical infrastructure critical for deploying 5G. From the Wall Street Journal's deep dive:

China has made 5G a priority after failing to keep pace with Western countries in developing previous generations of mobile networks. The U.S. dominated 4G, built in the late 2000s, much in the same way Europeans controlled 3G standards. The American lead in 4G has been a boon to companies such as Apple Inc. and Qualcomm, and helped give rise to a host of consumer smartphone applications from the U.S.

Since 2015, China has built about 350,000 cell sites, compared with fewer than 30,000 in the U.S., according to an August study by consulting firm Deloitte. It also noted China has 14.1 sites for every 10,000 people, compared with 4.7 in the U.S. That matters for 5G, because the new networks will require much larger numbers of cell sites than 4G.

IN CASE YOU MISSED IT

Verizon Says It's Not Backing Down From Digital Ads Push By Aaron Pressman

Overwatch League Will Have 8 New Teams for 2019 Season By Lisa Marie Segarra

Antarctica Just Became the Best Mapped Continent on Earth By Renae Reints

Google's New 'Touring Bird' Is a Traveler's Dream By Lisa Marie Segarra

Apple Is Working on a Portal for Law Enforcement Requests By Lisa Marie Segarra

Amazon Ordered 20,000 Mercedes Benz Vans for a Delivery Service By Don Reisinger

BEFORE YOU GO

Would you drop $3,000 for this home gym? The fitness machine of the future doesn't live in your garage or basement, but in your bedroom or living room. Instead of plates and dumbbells, startups like Tonal and Mirror deploy electromagnetics and an LED screen instead. They're compact, look good and offer a real work out. But, oh my, the price! (And it doesn't even include a monthly subscription fee!)

This edition of Data Sheet was curated by Jeff John Roberts. Find past issues, and sign up for other Fortune newsletters.

About the Authors
By Adam Lashinsky
See full bioRight Arrow Button Icon
Jeff John Roberts
By Jeff John RobertsEditor, Finance and Crypto
LinkedIn iconTwitter icon

Jeff John Roberts is the Finance and Crypto editor at Fortune, overseeing coverage of the blockchain and how technology is changing finance.

See full bioRight Arrow Button Icon

Latest in Tech

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Tech

Man in a white shirt and jacket.
InnovationBrainstorm Tech
Marc Lore’s robots make 500 burrito bowls an hour. A human can make 45
By Amanda GerutJune 9, 2026
3 hours ago
A trader works on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, June 3, 2026
InvestingWall Street
Wall Street dumped nearly $1 trillion in tech stocks by midday—then clawed it back and bought peanut butter and paint
By Eva RoytburgJune 9, 2026
6 hours ago
AI isn’t replacing Hyatt’s salespeople—it’s freeing up a full day of work every week, according to the CEO
AIBrainstorm Tech
AI isn’t replacing Hyatt’s salespeople—it’s freeing up a full day of work every week, according to the CEO
By Sharon GoldmanJune 9, 2026
6 hours ago
America’s grid is reeling. General Motors offers itself as a distributed utility in disguise
EnergyAutos
America’s grid is reeling. General Motors offers itself as a distributed utility in disguise
By Nick LichtenbergJune 9, 2026
6 hours ago
Tesla cofounder: ‘We should be really worried’ about the U.S. grid as China speeds ahead in the power race
EnergyBrainstorm Tech
Tesla cofounder: ‘We should be really worried’ about the U.S. grid as China speeds ahead in the power race
By Jordan BlumJune 9, 2026
7 hours ago
The AI industry spent years chasing bigger models. Now it’s chasing efficiency
AIBrainstorm Tech
The AI industry spent years chasing bigger models. Now it’s chasing efficiency
By Sharon GoldmanJune 9, 2026
8 hours ago

Most Popular

Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military
Asia
Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military
By Kate O'Keeffe and BloombergJune 8, 2026
1 day ago
'We are rapidly running out of time': Watchdog sounds Social Security alarm after 22% cut confirmed for 2032
Economy
'We are rapidly running out of time': Watchdog sounds Social Security alarm after 22% cut confirmed for 2032
By Nick LichtenbergJune 9, 2026
11 hours ago
Trump, who has repeatedly called climate change fake, is now threatening Brazil with tariffs over the deforestation of the Amazon
Environment
Trump, who has repeatedly called climate change fake, is now threatening Brazil with tariffs over the deforestation of the Amazon
By Sasha RogelbergJune 8, 2026
1 day ago
Current price of oil as of June 8, 2026
Personal Finance
Current price of oil as of June 8, 2026
By Joseph HostetlerJune 8, 2026
2 days ago
Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there
Success
Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there
By Preston ForeJune 8, 2026
2 days ago
Gen Zers are arriving at college unable to even read a sentence—professors warn it could lead to a generation of anxious and lonely graduates
Success
Gen Zers are arriving at college unable to even read a sentence—professors warn it could lead to a generation of anxious and lonely graduates
By Preston ForeJune 7, 2026
3 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.