Michael Burry criticized Alibaba shares as overvalued and disclosed that he recently exited his position in the Chinese tech giant in order to build a “large” position in rival online retailer https://t.co/IYA4U13sNP https://t.co/1yUxSkZjQN ...

Capital Raising and Investment - Alibaba plans to raise 10.2 billion US dollars through a Hong Kong share placement [1] - Funds raised will be utilized to finance the global artificial intelligence push [1]

Market Dynamics - Investors reallocated capital from Alibaba to JD, citing the adoption of a new share issuance paradigm [1] - Market sentiment indicates that Alibaba stock valuation would require a 50% decline before triggering renewed investment consideration [1] Financial Activity and Strategic Investment - Alibaba Group initiated a new share placement to raise 80 billion Hong Kong dollars, equivalent to 10.2 billion US dollars, targeting investors outside the United States [1] - The entirety of the 10.2 billion US dollars in proceeds is earmarked for investment in the company's full-stack artificial intelligence capabilities [1]

RT None (@None)🚨ALIBABA WAS SECRETLY SPYING ON USERS THROUGH THEIR COMPUTER AUDIO.A developer only discovered it because his Bluetooth headphones stopped switching between his computer and phone while browsing AliExpress.When he dug into the code, he found two hidden scripts running silently in the background, keeping his computer's audio system active at zero volume.AliExpress was playing an inaudible sound and measuring tiny differences in how each computer processed it.Every device handles audio slightly ...

Alibaba is seeking to raise about HK$80 billion ($10 billion) from a share sale, its latest move to compete for global leadership in AI https://t.co/g3Cnn498iU ...