In brief Alibaba’s fiscal first-quarter revenue rose 9% year-over-year to 268.95 billion yuan ($40 billion), narrowly beating the 268.88 billion yuan analyst estimate, while net income fell 75% to RMB 10.44billion ($1.6 billion). Alibaba Cloud’s external revenue growth accelerated to 45%, and AI-related product revenue logged its 12th straight quarter of triple-digit growth, reaching 12.38 billion yuan ($1.82 billion). Capital expenditure jumped 75% to 67.7 billion yuan ($10 billion), pushing free cash flow to a $6.6 billion outflow; U.S.-listed shares fell as much as 5% before paring the drop to roughly 3.5%. Chinese tech titan Alibaba reported fiscal first-quarter revenue…

In brief Check Point Research identified nearly 2,000 compromised WordPress sites used by the StopAndProtect malware operation. More than 6,000 unique IP addresses had been compromised as of July 24, including 1,852 in the United States. Researchers believe the attackers accidentally infected themselves, exposing internal files and tools used to manage compromised sites. Nearly 2,000 hacked WordPress websites were used to distribute malware, steal data, monitor victims, and deploy ransomware, according to cybersecurity firm Check Point Research.In the report published on Tuesday, researchers said the StopAndProtect ransomware family was first discovered in mid-May before tracing it to a broader operation.…

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