- Chinese regulator ordered Microsoft Corp MSFT search engine Bing to suspend its auto-suggest feature for a week for undisclosed reasons, Reuters reports.
- It marks Bing's second regulatory suspension since December.
- "Bing is a global search platform and remains committed to respecting the rule of law and users' right to access information," Bing said.
- Recently China assured about bringing stability in capital markets, supporting overseas stock listings, resolving risks around property developers, and completing the crackdown on Big Tech as soon as possible.
- Alibaba Group Holding Ltd BABA and the other Chinese tech stocks have produced lackluster results thanks to the domestic tech crackdown.
- Price Action: MSFT shares traded lower by 0.59% at $298.67 on the last check Monday.
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MSFTMicrosoft Corp
$492.49-0.99%
Edge Rankings
Momentum
70.76
Growth
49.89
Quality
33.97
Value
13.21
Price Trend
Short
Medium
Long
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