U.S. examining Alibaba's cloud unit for national security risks

19/1/2022 6:17

        The Biden administration is reviewing e-commerce giant Alibaba's cloud business to determine whether it poses a risk to U.S. national security, according to
        three people briefed on the matter, as the government ramps up scrutiny of Chinese technology companies' dealings with U.S firms.
        
        The focus of the probe is on how the company stores U.S. clients' data, including personal information and intellectual property, and whether the Chinese government could gain access to it, the people said. The potential for Beijing to disrupt access by U.S. users to their information stored on Alibaba cloud is also a concern, one of the people said.
        
        U.S. regulators could ultimately choose to force the company to take measures to reduce the risks posed by the cloud business or prohibit Americans at home and abroad from using the service altogether. The U.S.-listed shares of Alibaba fell nearly 3% before the market open Tuesday and were last trading
        down just over 1%.