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$Meta Platforms, Inc.(META)$ finds itself at a crossroads again - balancing record-breaking infrastructure investments against a mounting tide of legal challenges that could redefine the social media landscape. While the company continues to push the boundaries of artificial intelligence (AI) & augmented reality (AR), it is simultaneously preparing for a landmark trial in New Mexico that analysts see as a potential "storm at the horizon" for the entire tech sector or at least those engaged is social media activities. This trial is particularly dangerous because it seeks to bypass Section 230 of the Communications Decency Act by targeting "product design" rather than content, a legal maneuver that could strip tech giants of their long-standing
$Baidu(BIDU)$ $BIDU-SW(09888)$ released its fourth quarter report in premarket, with revenue slightly below analysts' expectations:However, under the strategy of reducing costs and increasing efficiency, Baidu's profitability once again exceeded expectations.Unfortunately, the market didn't seem to appreciate it, and Baidu's stock price tanked by nearly 6% in pre-market:Revenue in the fourth quarter was 34.95 billion yuan, up 5.7% from a year earlier, slightly less than the 35 billion yuan expected by analysts:Such a slight difference is negligible, coupled with the improvement on the profit side, Baidu's earnings report is not bad compared with expectations.However, the current growth rate of Baidu is r