HomeNewsAn attempt led by Baidu, Tencent, and ByteDance to circumvent Apple's privacy...

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An attempt led by Baidu, Tencent, and ByteDance to circumvent Apple’s privacy policies, called CAID, has failed to get traction after Apple blocked app updates(Patrick McGee/Financial Times)

March 1, 2023

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An attempt led by Baidu, Tencent, and ByteDance to circumvent Apple’s privacy policies, called CAID, has failed to get traction after Apple blocked app updates — Tracking system for iPhones developed by Chinese tech groups fails to gain traction — A co-ordinated attempt by Chinese tech companies …

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Tencent misses estimates with ~$20.1B in Q1 revenue, up 0.1% YoY, as net income dropped 51% YoY to ~$3.5B; Tencent has lost ~$500B in value since its 2021 peak(Zheping Huang/Bloomberg)

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