On Air Now

Upcoming Shows

Program Schedule »

Listen

Listen Live Now » 1330 AM Sheboygan, WI

Weather

Current Conditions(Sheboygan,WI 53081)

More Weather »
46° Feels Like: 44°
Wind: WSW 5 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Today

Sunny 65°

Tonight

Clear 44°

Tomorrow

Mostly Sunny 67°

Alerts

China's Alibaba reports media blackmail attempt to police

BEIJING (Reuters) - Alibaba Group Holding Ltd, the Chinese e-commerce titan gearing up for a mammoth U.S. initial public offering, has reported a blackmail attempt by a media organization to police, the company said on its official microblog on Friday.

Alibaba said on its Weibo microblog that the media organization sought $300,000 to suppress a negative report about the company. Alibaba said the matter had been reported to police in Hangzhou, where the firm is based.

Alibaba's listing on the New York Stock Exchange could be one of the biggest initial public offerings ever. The company, founded by Jack Ma, is now looking at a September debut, a source told Reuters on Thursday.

(Reporting by Paul Carsten. Editing by David Clarke)

Comments