China’s Alibaba said on Friday it had agreed to pay $433.5 million to settle a U.S. class-action lawsuit filed by investors alleging monopolistic practices by the e-commerce giant. Alibaba denied wrongdoing, saying it entered the settlement to avoid the cost …
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, according to a new cybersecurity panel created by President Joe Biden. The Cyber …
Chinese startup AutoX, backed by e-commerce giant Alibaba, has applied to test self-driving vehicles without an in-car backup driver in California, the first challenger to Alphabet Inc’s autonomous driving venture Waymo to say it has done so. If granted the …
Now there’s an answer to a sad, strange and common question in China: How can someone be a good Samaritan to an elderly person in need without getting scammed? China’s e-commerce giant Alibaba has partnered with an insurance company to …