"The European Commission has launched a new antitrust probe into Google, expanding its long-running scrutiny of the tech giant's advertising practices. Regulators suspect the company may be manipulating the pricing of its search ad auctions, potentially inflating clearing prices "to the detriment of advertisers," according to a February 9 letter sent to affected businesses and seen by Bloomberg. The investigation marks the latest in a series of EU actions against Google,"
"Alibaba Cloud's generative AI platform, Qwen, recorded over 120 million orders within six days, reflecting accelerating consumer uptake of AI-driven commerce in China. The company said nearly half of all transactions were made in county-level and rural regions, while around 1.56 million consumers aged 60 and above made their first online purchases through Qwen. The data highlights Alibaba's growing emphasis on embedding AI into retail experiences, positioning its R&D-heavy cloud division at the centre of its e-commerce ecosystem."
EU antitrust regulators have opened a new probe into Google's search advertising auctions amid suspicions that the company may be manipulating auction pricing to inflate clearing prices and harm advertisers. The investigation follows previous EU actions and fines and will examine whether Google's market dominance has distorted auction mechanics underlying its ad business. Alibaba Cloud's generative AI platform Qwen processed over 120 million orders in six days, with nearly half of transactions from county-level and rural regions and about 1.56 million consumers aged 60+ making first online purchases via Qwen. Saudi-backed Savvy Games Group is reported to be in advanced talks to acquire ByteDance-owned Moonton.
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