Baidu Inks $2.1 Billion Deal to Acquire YY Live Streaming Business

Baidu Inks $2.1 Billion Deal to Acquire YY Live Streaming Business
2 months ago

In a significant move to bolster its presence in the dynamic realm of live streaming, Baidu, China's leading search engine and artificial intelligence powerhouse, has announced its acquisition of YY Live, a prominent video streaming platform, for a staggering $2.1 billion. This deal marks a strategic effort by Baidu to expand its influence and diversify its offerings in the increasingly competitive Chinese digital landscape.

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India's Judicial System Suspends Controversial WhatsApp Antitrust Ruling Amid Appeal

India's Judicial System Suspends Controversial WhatsApp Antitrust Ruling Amid Appeal
3 months ago

In a significant turn of events, the Indian judiciary has temporarily suspended a previous ruling that imposed a hefty fine on the messaging giant WhatsApp for alleged antitrust violations. This decision comes as WhatsApp has lodged an appeal against the fine, which amounted to an unprecedented $200 million, triggered by accusations of anti-competitive practices within the thriving Indian market.

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