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The Latest Breaking News from Alibaba

Log4j software flaw 'endemic,' new cyber safety panel says

A new cybersecurity panel created by President Joe Biden says a computer vulnerability discovered last year in a ubiquitous piece of software is an “endemic” problem that will pose security risks for potentially a decade or more

The Independent UK

China's big tech problem: even in a state-managed economy, digital companies grow too powerful

China’s digital economy has advanced rapidly over the past two decades, with services, communications and commerce moving online.

The Conversation

Amazon Prime Day Could Inspire Phishing Attacks, Ransomware

With Amazon Prime Day kicking into high gear, the most impersonated retail brand for phishing websites is Amazon, then Walmart and Alibaba.

Investors Business Daily

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Here's Why Alibaba Stock Looks Ready To Bounce

Alibaba Group Holdings, Ltd (NYSE: BABA) was trading flat on Tuesday after plunging over 9% on Monday on a report China has fined the e-commerce and tech giant for failing to comply with anti-monopoly rules.

Benzinga

Dow Jones Futures Fall, Crude Dives After Market Rally Runs Into China Wall

Stocks fell from resistance Monday on China news and looming inflation data. Tesla, Twitter and Alibaba were big losers.

Investors Business Daily

Alibaba and Tencent stocks plunge after latest fines

Shares of Chinese technology firms Alibaba and Tencent have tumbled after Chinese regulators fined their subsidiaries for failing to disclose transactions and not complying with anti-monopoly rules

The Independent UK

China Regulator Fines Alibaba, Tencent for Disclosure Violations

China has imposed fines on technology giants Alibaba and Tencent as well as a range of other firms for failing to comply with anti-monopoly rules on the disclosure of transactions, the country's market regulator said on Sunday. The State Administration for Market Regulation (SAMR) released a list of 28 deals…

Asharq Al-Awsat

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Dow Jones Futures: Market Rally Set To Fall As China Fears Return; Elon Musk-Twitter Saga Far From Over

The market rally faces a test amid renewed China concerns. Tesla CEO Elon Musk moved to end the Twitter takeover.

Investors Business Daily

Forget Alibaba Stock, These 4 China Companies Are Better Buys

The Chinese economy is recovering with the easing of strict COVID-19 measures, and the government is considering ramping up infrastructure funding. However, despite easing Chinese regulatory concerns, Alibaba Group (BABA) has been losing momentum amid the challenging macroeconomic environment. And we think fundamentally sound Chinese companies NetEase (NTES), FinVolution (FINV),…

StockNews.com

Alibaba, Nio Spike, EV Peers Mixed: What's Weighing On Hong Kong Stocks Today

Hong Kong shares edged higher by mid-day trading on Friday, with gains among energy and property stocks offsetting weakness in most tech and consumer discretionary sectors. Electric vehicle stocks traded on a mixed note.

Benzinga

Dow Jones Futures Await Jobs Report; Market Rallies To Big Trouble Area

The major indexes rallied Thursday right to where they've struggled this year. Here are 5 stocks triggering buy signals.

Investors Business Daily

Private information of more than 100 Australians exposed amid huge China police data leak

A hacker posted in an online forum last week that they had stolen 1 billion records, mostly belonging to Chinese citizens, in an ongoing bid to sell the information for 10 bitcoins, or almost $300,000.

ABC News

PreMarket Prep Stock Of The Day: Why The Alibaba Chart Looks 'Constructive'

A specific trade setup was discussed for Alibaba Group Holding Ltd (NYSE: BABA) during Thursday’s "PreMarket Prep" broadcast based on bullish comments from a Bank Of America analyst regarding Chinese stocks.

Benzinga

Is Alibaba a Buy After Analysts Raised Earnings Guidance?

Analysts have raised earnings guidance for Alibaba Group (BABA) with the easing of China’s tech crackdown. The company’s EPS is expected to increase over the next twelve months. However, the stock currently trades at a stretched valuation, and the company faces intense competition from its rivals. So, will it be…

StockNews.com

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Benzinga

Why Alibaba Shares Are Falling Today

Alibaba Group Holding Ltd - ADR (NYSE: BABA) shares are trading lower by 2.29% to $117.38 Wednesday morning. Shares of Chinese companies at large are trading lower after Shanghai announced it will be conducting mass COVID-19 testing in several districts following a rise in cases.

Benzinga

Alibaba's Share Price Recovery Earns It Bullish Calls From Some Brokerages

Some of Wall Street's biggest brokerages have reiterated their bullish calls for Alibaba Group Holding Limited (NYSE: BABA), indicating more gains after it surged from a mid-March low,

Benzinga

Meta Remains Adamant On NFT Push In Contrast With Google, Apple To Secure Its Metaverse Ambitions

Meta Platforms, Inc (NASDAQ:META) pushed ahead with plans to launch access to digital collectibles to its 3 billion users amid the crypto meltdown, the Financial Times reports. Meta would in no way adjust its plans around so-called non-fungible tokens, said new fintech head Stephane Kasriel in an interview with FT. The efforts are…

Benzinga

Why Alibaba, Other Chinese Firms Could Seek Shifting Primary Listings to Hong Kong

Alibaba Group Holding Limited (NYSE: BABA) and other U.S.-listed Chinese stocks could convert their secondary listings in Hong Kong to primary, Bloomberg

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Benzinga

Alibaba, Nio, EV Stocks Buck Broader Slide: What's Weighing On Hong Kong Markets Today

E-commerce giant Alibaba Holding, Inc. (NYSE: BABA) and some major Chinese electric vehicle stocks bucked a broader slide in Hong Kong equities on Wednesday morning amid mostly weak global cues.

Benzinga

Here's How Alibaba Looks To Aid In Digital Transformation Of Enterprises

Alibaba Group Holding Limited (NYSE:BABA) created a new subsidiary, Lingyang Intelligent Service Co, to help companies in their digital transformation, the SCMP reports. It reflects Alibaba's effort to engage new market segments and industries as domestic online retail competition amplified amid weak consumer spending and economic slowdown. The move shortly follows Chair and…

Bangkok Post

BOI attends the grand opening of Alibaba's first data centre in Thailand

Mr. Narucha Ruchuphan, Senior Executive Investment Advisor, Thailand Board of Investment (BOI), attended an event to mark the grand opening of Alibaba's first data centre in Thailand held at Shangri-La Hotel Bangkok on 30 June 2022. Alibaba was represented by Mr. Selina Yuan, Vice President, Alibaba Group, and President, Alibaba…

Al Jazeera

China’s eateries eye JD.com’s delivery plans with anxiety, hope

Chinese tech giant has floated prospect of entering lucrative market currently dominated by Meituan and Ele.me.

The Independent UK

Ex-Alibaba employee says ex-boss should be charged with rape

A former employee of Chinese e-commerce giant Alibaba has accused her then-manager of trying to rape her on a business trip last year as she pushes police to review a case that has cast a rare spotlight on workplace harassment in the Asian nation

Benzinga

Alibaba Rolls Out Digital Tool To Help Its Overseas Customers Reduce Carbon Footprint

Alibaba Group Holding Limited's (NYSE: BABA) cloud business unit launched Energy Expert, a digital platform to help its global customers manage their carbon emissions,

Investors Business Daily

Investors Who Think The Worst Is Over Are Buying This Asset

Investors hoping they've seen the worst of the world's economic woes are turning to an unlikely asset: China stock ETFs.

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