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Alibaba shares fall on report of China probe over data theft

By Staff Writer

Jul 18 2022 9:33AM

Hacker claims to have personal information of one billion Chinese residents.

Alibaba shares fall on report of China probe over data theft

Shares in Alibaba Group Holdings Ltd fell 5.7 percent on Friday after the Wall Street Journal reported that the Chinese tech giant's cloud division has been summoned by Shanghai authorities in connection with a theft of police data. An anonymous hacker had earlier this month claimed to have ...

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