Alibaba's shares surged 12.2% in Hong Kong trading, their biggest single-day gain since September last year, reflecting renewed investor interest in Chinese tech stocks. The broader Chinese technology sector also saw gains after lagging behind rallies in U.S., Korean, and Taiwanese tech companies. Alibaba's American depository receipts rose 10% in premarket trading, signaling optimism about the company's prospects. This rally may indicate a potential catch-up phase for Chinese tech firms in global markets.
China's Ministry of Industry and Information Technology has identified a serious security back-door vulnerability in the U.S.-based AI coding tool Claude Code, which can send sensitive user data like location and identity to a remote server without c...
AIsa, a platform enabling AI agents to transact for digital resources, raised $6.5 million in a seed round led by Alibaba and Tribe Capital. The funding will expand engineering, scale payment infrastructure, and enhance stablecoin settlements. AIsa a...
Pomerantz LLP is investigating claims against Alibaba Group Holding Limited regarding allegations that the company and some of its officers engaged in securities fraud or unlawful business practices. The probe follows a Financial Times report accusin...
Pomerantz LLP is investigating claims against Alibaba Group Holding Limited regarding possible securities fraud linked to accusations that Alibaba illicitly accessed Anthropic's AI model, Claude, via fake accounts. The allegations, reported by the Fi...
Rosen Law Firm has announced an investigation into Alibaba Group following allegations that the company issued misleading business information related to claims that Alibaba illicitly accessed the AI model Claude by creating fake accounts. This news ...
