Microsoft Corporation (NASDAQ: MSFT), Facebook, Inc. (NASDAQ: FB) – Microsoft suspends “auto-suggest” feature for Bing search engine in China on government order: report

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Microsoft Corp. (NASDAQ: MSFT) Internet search engine Bing suspended its ‘automatic suggestion’ function in China for 30 days following an order from a ‘relevant government agency’, Reuters reported Thusday.

What happened: Bing reportedly said on its Chinese research site that it remains committed to upholding the rule of law and the right of users to access information, according to the report.

However, the company did not elaborate on the reasons for the suspension.

See also: How to buy Microsoft Stock (MSFT)

Why is this important: Microsoft’s move to comply with Chinese laws highlights regulatory crackdown on tech companies operating in China. Bing is the only major foreign search engine available in the country.

Other American tech giants like Alphabet Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL) Google and Meta Platforms Inc. (NASADQ: FB), the parent company of Facebook, has mostly stayed outside of China.

Microsoft announced in October that it would shut down its professional social networking platform LinkedIn in China, citing “a significantly more difficult operating environment and stricter compliance requirements” in the country.

The Redmond, Wash., Based company said it will launch a localized version of LinkedIn in China that meets Chinese government requirements on internet platforms.

Price action: Microsoft shares closed down 2.9% in Thursday’s regular trading session at $ 324.90, but rose 0.1% in the after-hours session at $ 325.28.

Read more: Facebook vs. Snapchat versus. Pinterest vs. TikTok: How engagement evolves towards 2022

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