EU probes Apple, Google and Meta over digital rules compliance – POLITICO

Apple will be investigated over its measures to allow users to do more to tailor their devices by uninstalling software, changing Apple’s default setting or using choice screens to prompt users to pick a browser or search engine for their phone. “Apple’s measures, including the design of the web browser choice screen, may be preventing … Read more

Baidu’s move to cancel YY Live acquisition amid fierce market competition, tougher regulation a boon to firm’s AI business expansion, analysts say

This move was “not totally unexpected, given investors have been waiting for more details in past years”, Jefferies equity analysts Thomas Chong and Zoey Zong said in a research note on Monday, following Baidu’s announcement. They indicated that China’s internet sector “has been undergoing changes”, which reflects Baidu’s focus on generative AI. “For Baidu, Ernie … Read more