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- Chinese regulator ordered Microsoft Corp (NASDAQ: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 (NYSE: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.