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China's Baidu posts weakest quarterly revenue growth in over a year
China's Baidu posts weakest quarterly revenue growth in over a year
Economy
by  AFP

Chinese internet giant Baidu announced Thursday its slowest quarterly revenue growth in over a year, as competition between top players in the country's cutting-edge tech sector intensifies. The figure represents a year-on-year increase of one percent -- the slowest quarterly revenue growth recorded by Baidu since the final quarter of 2022.

EU probes Facebook, Instagram over child protection
EU probes Facebook, Instagram over child protection
Technology
by  AFP

The EU on Thursday opened a formal investigation into Facebook and Instagram on suspicion the platforms owned by Meta are causing addictive behaviour in children. The EU stressed in a statement that the "opening of formal proceedings does not prejudge its outcome".