#33 - Fines, elevators, and algorithms
Update: 2021-10-14
Description
This week your co-hosts discuss Meituan's anti-trust fine, JD.com's foray into elevator ads and pets, and then go a little deep on the responsibility platforms have for their algorithms.
This is especially timely as Facebook's whistleblower cries foul in the US, while China implements policy holding products responsible for their algorithms.
1 Meituan's anti-monopoly probe ends with a USD534M fine
2 JD and Baidu jointly invest $400mn in elevator ads biz now worth >$2bn.
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