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Broadcom Inc. (NASDAQ: AVGO ) stock fell more than 1% Thursday as investors weighed fresh scrutiny of its data center switch business in China against broader weakness in technology stocks. The Nasdaq slipped 0.06%, while the Technology sector fell 0.36%, adding to pressure on Broadcom shares. China Targets Broadcom De
TradingView News says the FBI alleges Alibaba copied Anthropic technology, while China’s SAMR is investigating unit Hangzhou Taomei. The coverage also mentions an investment round and Qwen-related activity including a named lead, but provides limited details.
Moonshot AI has confidentially filed for a Hong Kong IPO that could raise about $3 billion, Reuters reported, citing people familiar with the matter.
The U.S. Department of Justice said Wednesday that Alibaba Group Holding Ltd. (NYSE: BABA ) and U.S.-based payment processor AUS Merchant Services agreed to pay $600 million under a non-prosecution agreement to resolve allegations they failed to stop illegal pharmaceuticals and banned goods from reaching U.S. buyers th
Alibaba faces potential US scrutiny over cross-border AI competition and technology security allegations