Alibaba News

Alibaba Teams up With BMW to Develop AI for Cars in China

Alibaba Group Holding Ltd. and BMW AG will team up to produce AI for cars in China, as the tech giant looks to monetize its emerging products and the German automaker seeks to catch up to local brands that are …

Alibaba to Pay $433.5M to Settle Shareholder Suit Over Monopoly Claims

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 …

Log4j Software Flaw ‘Endemic,’ New Cyber Safety Panel 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, according to a new cybersecurity panel created by President Joe Biden. The Cyber …

Alibaba-Backed Startup Autox Applies for Driver-less Test Permit In California

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 …

China Insurance Policy Protects Good Samaritans Against Scams by the Elderly

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 …