Tech News
← Home  ·  All topics

Alibaba

38 GoKawiil briefs on this topic

Alibaba stock drops 8% after $10.2 billion share sale to fund AI buildout

Alibaba priced an 80 billion Hong Kong dollar (about $10.2 billion) placement of 710 million new shares at HK$112.70 each, sold to non-U.S. investors and set to close Wednesday. The company says all proceeds will go toward expanding its AI infrastructure and broader AI capabilities. Shares fell as much as 10% in Hong Kong trading following the announcement.

AliExpress used silent Web Audio API scripts to fingerprint visitors' devices

Researchers discovered that AliExpress's homepage runs hidden, inaudible audio-processing code tied to Alibaba's security systems, which measures how a device's hardware handles an audio signal to create a unique fingerprint without cookies. The behavior was uncovered by a developer whose Bluetooth headphones failed to switch between devices while an AliExpress tab stayed open, since the silent audio graph kept the system's audio path active even when muted. The same scripts reportedly also collected canvas, WebGL, and hardware configuration data as part of a broader tracking setup.