EU hits China’s Alibaba with €550M record fine over illegal products
The European Union has imposed a record €550 million fine on AliExpress for failing to prevent the sale of illegal, unsafe, and counterfeit goods.
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The European Union has imposed a record €550 million fine on AliExpress for failing to prevent the sale of illegal, unsafe, and counterfeit goods.
Alibaba's preview of the Qwen3.8 AI model is driving stock gains as the company claims its tech is second only to Anthropic's Fable 5.
Apple Intelligence gains regulatory approval for launch in China, partnering with Alibaba and Baidu.
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Wall Street opens lower as Trump declares the U.S.-Iran ceasefire over and a U.S. strike on Iran drags Dow Inc. and Nasdaq down.
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Alibaba has prohibited employees from using Anthropic's Claude Code following reports of spyware concerns.
Alibaba agrees to a $600 million settlement with the US government over allegations of failing to prevent the sale of illegal drugs and equipment.
Alibaba and a U.S. payment processor have agreed to a $600 million settlement with the Department of Justice regarding illegal product sales.
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Anthropic has formally accused Alibaba of engaging in a mass distillation attack to illicitly extract capabilities from its Claude AI model.
Alibaba has initiated legal action against the U.S. Department of Defense to overturn its designation as a Chinese military company.
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Hong Kong stocks near bear market levels driven by Alibaba and Tencent, even as AI shares rally on policy support.
US Pentagon labels BYD, Baidu and Alibaba as Chinese military firms, prompting Beijing to denounce the move as an abuse of power.
U.S. and China escalate tech war as Pentagon blacklists major Chinese firms for alleged military ties