Alibaba Might Not Get Past U.S. Gates
Finally, if you’ve been thinking about teaming up with China-based cloud computing provider Alibaba, you might want to hold off.
On Wednesday, Reuters published an exclusive report about the Biden Administration’s plans to determine whether Alibaba poses a risk to national security.
The feds want to know how Alibaba stores U.S. clients’ personal data and intellectual property. Authorities further are looking into whether the Chinese government could access that information.
Alibaba has yet to rank as one of the large cloud vendors. According to research firm Canalys, the company only serves about 4 million customers. Alibaba’s cloud division accounts for just 8% of the overall company’s sales, Reuters said.