Alibaba Group Holding Ltd is cutting its spending on travel and postponing some new hiring as China’s largest e-commerce company braces for a slowing economy, people familiar with the matter said.
Some new hires were told they can’t start until the new fiscal year begins in April, the people said, asking not to be named because the matter is private. The travel cuts include restricting business class airfares on a unit-by-unit basis, with staff only able to select a premium cabin on every fifth round trip that takes more than 20 hours, one of the people said.
Welcome to Hard Fork Basics, a collection of tips, tricks, guides, and advice to keep you up to date in the cryptocurrency and blockchain world. Scaling blockchain is becoming one of the technology’s great mysteries. Does anyone know how to do it? Can it even be done? Some seem to think so, but of course, it won’t be simple. There are numerous “solutions” being offered by various developers, researchers, and academics. One such solution being explored is known as “sharding.” In this article Hard Fork is going to take a look under the hood and see what this blockchain sharding… This story continues at The Next Web