Alibaba's US-listed shares surged nearly 11% following a US federal judge's temporary block on Pentagon restrictions linked to the company's alleged ties to China's military. This legal reprieve allows Alibaba to continue engaging with US policymakers while challenging the designation. Investor optimism also grew ahead of Alibaba's upcoming June-quarter earnings report, with analysts expecting strong execution and revenue growth driven by cloud computing and AI services. The company is seen as well-positioned despite broader market headwinds in China's online retail sector.
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 rallie...
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...
