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 consent. This warning comes amid rising U.S.-China tech tensions, following accusations by Anthropic, Claude Code's maker, that Chinese company Alibaba tried to extract its AI capabilities. Users of affected Claude Code versions from April to June are advised to uninstall or upgrade to the latest version. The issue highlights ongoing cybersecurity concerns in the global AI technology race.
The Oakmark International Strategy portfolio posted a net return of 8.28% for the reporting period, underperforming the MSCI World ex USA Index which returned 10.22%. Key contributors to the portfolio's performance included Samsung Electronics Pfd, a...
A class action lawsuit has been filed against Alibaba Group Holding Limited by investors who bought Alibaba securities between June 26, 2025, and June 24, 2026. The lawsuit alleges that Alibaba was included on a U.S. Department of Defense list of Chi...
Robbins Geller Rudman & Dowd LLP announced a class action lawsuit against Alibaba Group for alleged violations of securities laws between June 2025 and June 2026. The lawsuit claims Alibaba and its CEO made false or misleading statements about the co...
Pomerantz LLP is investigating Alibaba Group Holding Limited for possible securities fraud and unlawful business practices following reports that Alibaba illicitly accessed an AI model and entered a $600 million non-prosecution agreement with the US ...
Rosen Law Firm has filed a class action lawsuit on behalf of investors who purchased Alibaba securities between June 26, 2025, and June 24, 2026. The lawsuit alleges that Alibaba made false or misleading statements about its affiliation with the Chin...
