securities fraud

Alibaba faces securities fraud probe amid AI distillation fallout

Anthropic has accused Alibaba of running the largest known campaign to extract capabilities from its Claude AI model, an allegation that has wiped roughly a quarter of Alibaba's market value and drawn the attention of securities fraud investigators.

IBM set to release full Q2 results today after historic stock crash

IBM International Business Machines Corporation suffered the worst single-day stock decline in its 115-year history on July 14, after the company released preliminary second-quarter results that fell well short of Wall Street expectations, wiping out tens of billions of dollars…