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NYA:BABA, Sep 26, 09:41 UTC

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Saturday, September 22


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Chinese police make arrests over data theft at Alibaba delivery arm

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Chinese police make arrests over data theft at Alibaba delivery arm. In June, police in Hangzhou received reports from the logistics company that barcode scanners used in its distribution stations had been infected with malware that transferred the collected data to remote cloud servers. The data included the names of the logistic firms, user names, phone numbers and parcel tracking numbers, according to Cainiao. From July to September, local police launched raids in the provinces of Anhui, Jiangsu and Shandong, and arrested the suspects.

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Chinese Police Arrest 21 Over Customer Data Theft at Alibaba's Delivery Arm: Report

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Chinese Police Arrest 21 Over Customer Data Theft at Alibaba's Delivery Arm: Report. Chinese police on Friday arrested 21 suspects in connection with the theft of customer information from Alibaba Group Holding's logistics affiliate Cainiao Network, state news agency Xinhua reported. More than 10 million pieces of client data - including user names, phone numbers, and parcel tracking numbers - were stolen from Cainiao, which provides logistics support to Alibaba's Taobao e-commerce platform, the report said. In a statement, Cainiao said it had detected a suspicious malware infection in some of the parcel scanners used by its logistics partners earlier this year and immediately reported the findings to the police and upgraded its systems.

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Chinese police arrest 21 over data theft at Alibaba's delivery arm: Xinhua

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Chinese police arrest 21 over data theft at Alibaba's delivery arm: Xinhua. HONG KONG (Reuters) - Chinese police on Friday arrested 21 suspects in connection with the theft of customer information from Alibaba Group Holding's logistics affiliate Cainiao Network, state news agency Xinhua reported. More than 10 million pieces of client data - including user names, phone numbers and parcel tracking numbers - were stolen from Cainiao, which provides logistics support to Alibaba's Taobao e-commerce platform, the report said. The agency said that police in Hangzhou, Zhejiang province, had been told by the logistics company in June that barcode scanners used in its distribution stations had been infected with malware.

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Chinese police arrest 21 over data theft at Alibaba's delivery arm: Xinhua

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Chinese police arrest 21 over data theft at Alibaba's delivery arm: Xinhua. HONG KONG (Reuters) - Chinese police on Friday arrested 21 suspects in connection with the theft of customer information from Alibaba Group Holding's logistics affiliate Cainiao Network, state news agency Xinhua reported. More than 10 million pieces of client data - including user names, phone numbers and parcel tracking numbers - were stolen from Cainiao, which provides logistics support to Alibaba's Taobao e-commerce platform, the report said. The agency said that police in Hangzhou, Zhejiang province, had been told by the logistics company in June that barcode scanners used in its distribution stations had been infected with malware.

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Friday, September 21


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Jack Ma: Prefer to die on the beach than at work table in Alibaba: Jack Ma

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, the pioneer of China's internet industry, has termed the speculation swirling around his retirement as a "sea gossip", saying that he would rather die on the beach than in his executive office at Alibaba. On September 10, Chinese billionaire Ma, on his 54th birthday, announced that he would step down as Alibaba's executive chairman in one year to make way for the next generation of leaders at the $420 billion e-commerce giant. The New York Times in its report said Ma is retiring as China's business environment has soured, with Beijing and state-owned enterprises increasingly playing more interventionist roles with companies. Speaking about his retirement at the concluding session of the the Summer Davos Forum in China's Tianjin city on Thursday, Ma said "gossip has been around us every day for the past 19 years. For someone who has a dream for the future, gossips, rumours, hardships and frustrations will always be part of your life."

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21 arrested for data theft at Alibaba's delivery arm - Xinhua

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Chinese police arrest 21 over data theft at Alibaba's delivery arm: Xinhua. HONG KONG (Reuters) - Chinese police on Friday arrested 21 suspects in connection with the theft of customer information from Alibaba Group Holding's logistics affiliate Cainiao Network, state news agency Xinhua reported. More than 10 million pieces of client data -- including user names, phone numbers and parcel tracking numbers -- were stolen from Cainiao, which provides logistics support to Alibaba's Taobao e-commerce platform, the report said. The agency said that police in Hangzhou, Zhejiang province, had been told by the logistics company in June that barcode scanners used in its distribution stations had been infected with malware.

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Alibaba's Ant Financial to Launch Blockchain Backend-as-a-Service Platform By Cointelegraph

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Alibaba's Ant Financial to Launch Blockchain Backend-as-a-Service Platform. Cointelegraph | Sep 21, 2018 14:00. Ant Financial, the financial affiliate of Chinese e-commerce giant Alibaba (NYSE:BABA), is launching a blockchain BaaS (Backend-as-a-Service) platform, local news outlet China Money Network reports September 21. The announcement was reportedly made by Ant Financial vice president Jiang Guoefei at the Ant Technology Exploration Conference (ATEC) in Hangzhou yesterday. The new BaaS platform is being launched in tandem with an enterprise-focused “ant blockchain partner program” that will reportedly enable small- and medium-scale businesses to implement and innovate new blockchain solutions. Continue Reading on CoinTelegraph. Thank you for trying AMP! You got lucky! We have no ad to show to you! We have updated our Privacy Policy for GDPR compliance. To learn more click here. We use cookies to personalize your experience and analyze our traffic, and share this information with our partners. If you're happy with this continue to use our site without changing settings, or find out how to manage cookies. +. Live Markets. Markets. Cryptocurrency. Economic Calendar. My Portfolio. Content. News. Analysis. Webinars. Tools. Currency Converter. Top Brokers. Fed Rate Monitor Tool. Holiday Calendar. Earnings Calendar. Dividend Calendar. Splits Calendar. More. About Us. Send Feedback. Are you sure you want to sign out?NoYes.

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Russian sovereign wealth fund plans more investments with Alibaba after JV: CEO

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MOSCOW (Reuters) - Sovereign wealth fund Russian Direct Investment Fund (RDIF) plans more investments with China's Alibaba (BABA.N) after the two became partners in a Russian joint venture last week and separately invested in a developer of augmented reality technology, the RDIF's head said. "Together with Alibaba we are ready to look at other Russian technologies in areas such as digital intelligence, cloud storage... We will give Russian technologies a chance to enter global markets more quickly," Dmitriev told Reuters in a phone interview. He said that there was no specific amount which RDIF and Alibaba would target to spend on the joint investments but "we have an opportunity to jointly invest hundreds of million dollars if needed." Dmitriev said that RDIF and the Russia-Japan Investment Fund, which was also a co-investor in WayRay, plan to remain among the company's shareholders for some time while it expands.

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Alibaba’s Ant Financial To Launch Blockchain BaaS Service Platform – China Money Network

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Alibaba's Ant Financial to Launch Blockchain Backend-as-a-Service Platform. Ant Financial, the financial affiliate of Chinese e-commerce giant Alibaba, is launching a blockchain BaaS (Backend-as-a-Service) platform, local news outlet China Money Network reports September 21. The new BaaS platform is being launched in tandem with an enterprise-focused “ant blockchain partner program” that will reportedly enable small- and medium-scale businesses to implement and innovate new blockchain solutions. "In the past two years, Ant Financial has been working on two aspects about blockchain. One is to improve the technology, and the other is to open it up and accelerate the commercialization of blockchain applications." As part of its impetus to commercialize the technology, Ant Financial trialed its very first blockchain remittances earlier this summer, using its newly-developed blockchain-based electronic wallet cross border remittance service.

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Thursday, September 20


News

Market Morning: Korean Denuclearization, Ma Hates Trade War, Fox Comcast Battle Royale, Amazon Wants 3,000 Stores

BABA CMCSA +2 more BABA CMCSA AMZN DTRUMP

Market ExclusiveSeptember 20, 2018, 12:15 PM GMT. North Korean Denculearization Continues to Tantalize. While South Korean President Moon Jae-In has been working diligently to bridge the gaps between the two Koreas, US President Donald Trump seems to have thawed somewhat in his relationship with the world’s communist hermit since talks between Trump and Kim began. Trump is now saying that the US is ready for continued talks with North Korean leader Kim Jong-Un, provided that the nation commit to denuclearization by 2021. North Korea has invited inspectors from concerned countries to witness its dismantling of a missile engine testing site, and requested that the US take certain “unspecified measures” in exchange for the closing of the Yongbyon nuclear complex, its main nuclear installation. Reneging on an earlier promise to create 1 million jobs in the US for his firm, Ma is now saying that the burgeoning trade war between the two nations is throwing a monkey wrench in his plans for economic growth. The post Market Morning: Korean Denuclearization, Ma Hates Trade War, Fox Comcast Battle Royale, Amazon Wants 3,000 Stores appeared first on Market Exclusive.

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