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Duan Yongping Tests Alibaba Again

Investor Duan Yongping bought back 301,400 Alibaba shares worth about $28.93 million, representing only 0.15% of his portfolio. The small position suggests renewed observation rather than strong conviction, especially as Alibaba explores AI cooperation with Apple while PDD Holdings receives a much larger allocation.

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Why AI Companies Are Destroying Books

The article reports that Anthropic and Amazon have reportedly purchased large volumes of physical books, scanned them, and destroyed the originals to reduce copyright risk in AI training. It argues that this strategy is tied to differences in US and Chinese copyright law, while also raising concerns about the irreversible loss of cultural artifacts.

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