The Latest Breaking News from Alibaba

The AI Race Between Washington And Beijing Continues. U.S. Lawmakers Are Scrutinizing The Use Of Chinese Models

As Artificial intelligence becomes another front in the contest between Washington and Beijing, U.S. lawmakers are examining the growing use of Chinese artificial intelligence models by American companies.

International Business Times · Jul 9

SpaceX shares crash 30% from peak; Cathie Wood buys $7 million stake. What is she seeing?

Cathie Wood's ARK ETFs purchased $7 million worth of SpaceX shares. This investment follows a significant 34% drop from the stock's peak. Wood funded these purchases by selling Alibaba shares from her portfolios. ARK Invest now holds approximately two million SpaceX shares valued over two hundred eighty million dollars. Analysts…

The Economic Times · Jul 9

Cathie Wood Scoops Up SpaceX Shares Again as Stock Dips, Ark Keeps Offloading AMD Shares

Cathie Wood’s Ark Invest made major moves in both Space Exploration Technologies Corp. (NASDAQ:SPCX) and Alibaba Group Holding Ltd. (NYSE:BABA) on Wednesday, July 8, as the firm leaned into two high-profile names that were both in the news. SpaceX drew attention after hiking Starlink aviation prices, while Alibaba gained momentum…

Benzinga · Jul 9

China's National Vulnerability Database warns that recent Claude Code models have a security backdoor

An update seems in order.

PC Gamer · Jul 8

Warning as ‘potentially lethal’ baby products found listed on sites such as Amazon, eBay and TikTok shop

Potentially harmful self-feeding products, pillows and sleeping bags found listed on popular retail sites

The Independent UK · Jul 7

Which? finds 150 potentially lethal baby products sold online

UK consumer group says lives are at risk because platforms fail to prevent dangerous items reaching customers

The Guardian - UK · Jul 7

‘Potentially lethal’ baby pillows, sleeping bags and feeding items sold online

Which? said it had found 150 potentially lethal baby products being sold to UK consumers.

The Independent UK · Jul 7

Chinese AI Models Are Winning Customers On Price. Now OpenAI And Anthropic Face A New Cost War.

DeepSeek, Z.ai and Alibaba's Qwen are gaining traction among U.S. companies as enterprises prioritize lower operating costs without giving up competitive AI performance.

International Business Times · Jul 7

Congressional committee on China asks Wizards and Capitals owner to cut ties with Alibaba

The owner of Washington’s NBA and NHL teams received a letter from the chair of the House Select Committee on China asking him to cut ties with Alibaba, the Chinese tech giant that has gone to court to dispute the Pentagon’s designation of the corporation as a “Chinese military company.”

The Independent UK · Jul 7

AI Insider Activity: Are Sales Across 3 Key Stocks Noteworthy or Just Noise?

Insiders at Alibaba, Cerebras Systems and CoreWeave have sold AI-related shares recently, with CoreWeave's $3.27 billion Q2 total raising the most concern among the three companies.

MarketBeat · Jul 7