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On January 13th, HSBC analyst Ricky Seo noted in a report that SK Hynixs fourth-quarter operating profit is expected to surge 57% quarter-on-quarter to a record 18 trillion won, with DRAM and NAND chip prices likely rising by 25% and 20% respectively. He analyzed that the weakening of the Korean won against the US dollar may also have boosted its fourth-quarter earnings. As a supplier of Nvidias HBM products, SK Hynix is expected to continue to benefit from robust shipments. The current surge in AI investment, coupled with strong demand for general-purpose DRAM during the memory chip supercycle, provides double support for the company.January 13th - Omni Health recently officially released its next-generation AI wearable product portfolio, including the Omni Health Ring Pro, which focuses on long-term vital sign monitoring, and the Omni Health Pin, an automated nutrition tracking terminal based on AI vision technology. The Ring Pro is currently available for mass sales globally, while the Omni Health Pin is scheduled for launch in 2026.According to Japans Kyodo News, Japanese Prime Minister Sanae Takaichi stated that she intends to dissolve the House of Representatives at the start of the parliamentary session scheduled to begin on January 23.According to Japans Kyodo News, Japanese Prime Minister Sanae Takaichi has conveyed her intention to dissolve parliament to senior members of the ruling party.January 13th - According to the latest data from the China Bus Statistics Information Network, in 2025, BYD once again won the annual championship with outstanding achievements of exporting 4,234 new energy buses, a year-on-year increase of 18.2%, and a market share of 24%. It is the only company that exports more than 4,200 new energy buses, and BYD has maintained its top position on the list for three consecutive years.

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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