Alibaba Group has agreed to pay $433.5 million to settle a class-action lawsuit waged by shareholders that in part alleged ...

Playboy is suing online clothing companies that are allegedly ripping off the Playboy brand. Newsweek sought email comment from Playboy and online retail Alibaba on Friday. Counterfeit goods are big ...

Two days after the release of DeepSeek-R1, TikTok owner ByteDance released an update to its flagship AI model, which it ...

Alibaba has unveiled Qwen 2.5, an upgraded AI model it claims outperforms DeepSeek-V3, intensifying competition in China’s AI ...

per 1 million tokens - or units of data processed by the AI model - led to Alibaba's cloud unit announcing price cuts of up to 97% on a range of models. Other Chinese tech companies followed suit ...