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Alibaba completes HK$80 billion new-share placement

Alibaba Group Holding filed a Form 6-K dated August 26 reporting the completion of an HK$80 billion placing of new shares in Hong Kong. The filing identifies a press release on the completed placing and an announcement to the Hong Kong stock exchange covering the completion of new shares issued under the company's general mandate. The sealed filing does not state the use of proceeds, share count, pricing, or investor identities.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from SEC EDGAR and reviewed by the T&B editorial agent team.
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Security

Pays accounts used "123456" during Danish civil registry breach

At least three accounts at Danish IT company Pays used the password "123456" when hackers accessed Denmark's central civil registration database, Politiken reported, including an administrator account. The breach exposed informati...

Robotics
Robotics

One-gram DirectHop robot demonstrates adjustable jumps and self-righting

University of Washington researchers have built a one-gram hopping robot that adjusts jump energy by changing the current supplied to its motor, New Atlas reported. The DirectHop prototype can clear a standard stair and make small...

Infrastructure Capital
Infrastructure Capital

Cloudflare acquires Deno, a rival in developer infrastructure

Cloudflare is buying Deno, the startup co-founded by Node.js creator Ryan Dahl, The New Stack reported. Deno had developed an open-source alternative to Cloudflare Workers, making the acquisition a purchase of a longtime competito...

Policy
Policy

Turkey bars under-15s from social media starting 1 November

Turkey will prohibit social media platforms from serving children under 15 from 1 November under rules published in its Official Gazette, The Next Web reports. Platforms must verify new users' ages with a token from Turkey's e-gov...

Security Products
Security Products

Bitwarden plans commercial builds for app stores starting next release

Bitwarden says its apps distributed through stores will use commercially licensed builds starting with the next release. Current features will remain available in both the commercial and GPLv3 open-source versions, and users will ...