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Published 2 years ago

Alibaba shares post worst drop in a month after China data probe report

Summary by Ground News
Shares in Alibaba Group Holdings fell 5.7% after the Wall Street Journal reported that the Chinese tech giant's cloud division has been summoned by Shanghai authorities. Anonymous hacker had earlier this month claimed to have obtained personal information of more than 1 billion Chinese residents from the Shanghai police. A dashboard for managing the database was left open on the internet for over a year without a password.

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