Alibaba
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Confidential Medical Data of 500,000 UK Biobank Volunteers Stolen and Sold Illicitly on Alibaba
Sensitive medical data of 500,000 UK Biobank volunteers was stolen and illicitly listed for sale on Alibaba, raising grave privacy concerns. Authorities are actively investigating and planning tightened security measures to prevent future breaches.
SECP Grants BNPL License to Alibaba's Koko Tech Pakistan, Boosting Digital Finance
Pakistan's SECP has granted a Buy Now Pay Later license to Alibaba-backed Koko Tech, signaling confidence in Pakistan's digital financial future. This move could boost consumer credit access and attract more foreign investment.
Meta Weighs Facial Recognition Integration for Smart Glasses, Raising Privacy Alarm
Meta is planning to add facial recognition to its smart glasses, raising privacy and safety concerns for vulnerable groups. This move could enable tracking and identification in real-time, with serious implications for personal privacy.
Alibaba Shares Fall Over 6% on 66% Net Income Drop Despite AI Ambitions
Alibaba's net income dropped about two-thirds in Q4 2025 due to weak retail and heavy AI investments. Despite short-term losses, the company plans aggressive growth in AI and cloud computing over the next five years.
Alibaba's AI Team Faces Leadership Shakeup Following Major Qwen Model Launch
Alibaba's AI team, particularly its Qwen project, is experiencing leadership departures after the release of a major open-source AI model. The resignation of the Qwen tech lead highlights potential internal challenges or strategic shifts. This development underscores the volatility and competitive dynamics of AI development in tech giants.