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On October 13th, Haier Group announced that it and Ant Group held a signing ceremony for a comprehensive strategic cooperation agreement on October 11th. With this signing, both parties will leverage their respective strengths in the real economy and digital technology sectors, focusing on user scenarios and ecosystem co-development. This will enable multi-dimensional, in-depth collaborative innovation and accelerate the exploration of the digital development of the industry. According to the agreement, the two parties will further collaborate in areas such as digital payments, healthcare services, and the co-development of the car-home ecosystem.The Hang Seng Volatility Index surged 20%, hitting its highest level since May 2025.According to data from the China Passenger Car Association (CPCA) on October 13th, new energy passenger vehicle production reached 1.501 million units in September, a year-on-year increase of 22.9% and a month-on-month increase of 17.5%. Cumulative production from January to September reached 10.376 million units, a 32.2% increase. Wholesale sales of new energy passenger vehicles reached 1.500 million units in September, a year-on-year increase of 22.4% and a month-on-month increase of 15.9%. Cumulative wholesale sales from January to September reached 10.444 million units, a 31.9% increase. Retail sales of new energy passenger vehicles reached 1.296 million units in September, a year-on-year increase of 15.5% and a month-on-month increase of 16.2%. Cumulative retail sales from January to September reached 8.866 million units, a 24.4% increase. In September, new energy passenger vehicle manufacturers exported 211,000 units, a year-on-year increase of 96.5% and a month-on-month increase of 3.9%. Cumulative exports from January to September reached 1.627 million units, a 67.5% increase.China Passenger Car Association (CPCA): In September, the new energy passenger vehicle market sold 1.296 million units, a year-on-year increase of 15.5% and a month-on-month increase of 16.2%; from January to September, the cumulative retail sales reached 8.866 million units, an increase of 24.4%.On October 13, Defu Technology stated on an interactive platform that the companys HVLP1-3 generation copper foil products are currently being smoothly introduced to customers, and the HVLP4/5 generation copper foil products are progressing smoothly in customer verification.

Microsoft Faces a New EU Antitrust Suit Regarding Cloud Computing Methods

Skylar Williams

Nov 09, 2022 15:57

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Amazon is a member of the trade association CISPE, which on Wednesday filed a new antitrust complaint against Microsoft (NASDAQ:MSFT) over its cloud computing operations with European Union antitrust inspectors.


According to CISPE, Microsoft's newly imposed contractual terms and other actions have irreparably destroyed the European cloud computing ecosystem.


Amazon is the cloud computing industry leader, followed by Alphabet (NASDAQ:GOOGL) subsidiaries Google and Microsoft.


"By exploiting its dominance in productivity software, Microsoft restricts alternatives and inflates costs as European customers migrate to the cloud, harming Europe's digital economy," said Francisco Mingorance, secretary general of the CISPE.


In their complaint to the European Commission, CISPE said that the company uses its dominance in productivity software to direct European customers to its Azure cloud infrastructure at the cost of European rivals.


Microsoft was accused of discriminatory product bundling and linking, price discrimination, and technical and competitive customer lock-in.


Microsoft, which has been fined more than €1.6 billion ($1.6 billion) over the previous decade by the European Commission for various antitrust violations, has said in the past that it provides its software to all customers, including competitive cloud service providers.


In the last several years, cloud service providers from Germany, Italy, Denmark, and France, of whom two are members of CISPE, have raised analogous concerns with the Commission.


Microsoft amended licensing agreements and made other changes to make it easier for cloud service providers to compete starting October 1 in an attempt to satisfy EU antitrust concerns.


Rivals Excluded are cloud services from Amazon.com (NASDAQ:AMZN), Alphabet's Google, Alibaba (NYSE:BABA), and Microsoft.


The CISPE said that the EU competition authority should address the issue by applying to Microsoft the principles of fair software licensing set by the trade association the previous year.


It was said that an independent European Observatory may be created to assess the licensing terms of significant software companies.


According to CISPE, the Commission may add a language to the newly passed Digital Markets Act prohibiting cloud computing gatekeepers from preferring their own software applications.

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