The White House is reportedly concerned that the tie-up would help a Chinese firm improve its AI abilities and also make Apple more vulnerable to Beijing's censorship and data-sharing laws
 
							The tech giant’s shares are up more than 70% so far this year after jumping nearly 90% over the past 12 months
 
							Experts say that while it may be a 'hard pill for them to swallow', Chinese leaders are shifting their approach to the domestic tech industry
 
							The tightly choreographed pro-business meet marked a turnaround in Beijing's approach to the tech industry in the face of a slowdown in growth, deflationary concerns and a bitter rivalry with the US
 
							Apple chose Alibaba partly due to the e-commerce giant’s vast troves of personal data on users' shopping and payment habits, which could help train AI models
 
							Researchers say the TikTok owner's planned spending on computing power 'will drive progress' in China’s artificial intelligence industry
 
							Beijing imposed a record $2.75 billion fine on the tech outfit in 2021 and has been ‘guiding’ the company’s efforts to fall into line
 
							Two billion parcels with a declared value of less than 150 euros arrived in the EU from outside countries in 2023
 
							The proposed sell-off of Freshippo and RT-Mart comes amid Alibaba's restructuring and China's tightened scrutiny of IPOs
 
							Along with Ma, Alibaba chairman Joe Tsai also purchased about $151 million worth of Alibaba's US-traded shares
 
							China's Alibaba and Tencent have reportedly told Nvidia that they will be switching to domestic firms such as Huawei for some advanced chip orders
 
							The closure of the lab is the latest internal change at Alibaba, which surprised investors earlier this month by scrapping its plan to spin-off its cloud business