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Gelonghui, February 13th｜The US Federal Trade Commission (FTC) is accelerating its review of Microsoft (MSFT.O) as part of an ongoing investigation into whether the company is illegally monopolizing a large share of the enterprise computing market through its cloud software and artificial intelligence products, including Copilot. According to informed sources, the agency has in recent weeks issued civil investigative demands to Microsoft's competitors in the business software and cloud computing markets. These demands include a series of inquiries regarding Microsoft's licensing and other business practices. At least six companies have received such requests. Through these directives, which are equivalent to civil subpoenas, the FTC is seeking evidence that Microsoft is making it more difficult for customers to use products like Windows and Office on competing cloud services. Some sources also stated that the agency has requested information about Microsoft bundling artificial intelligence, security, and identity software into products such as Windows and Office.

Chinese concept stocks: NetEase rose over 1.6%, Pinduoduo rose 0.3%, Alibaba fell 0.7%, Baidu fell 1.1%, Li Auto fell 1.8%, and NIO fell 0.2%.

Foresight News reported that FedEx has announced its membership in the Hedera Council. FedEx will contribute its logistics operation expertise to the council, leveraging Hedera's distributed ledger technology (DLT) to build an interoperable digital ecosystem aimed at enhancing transparency and automation in cross-border trade and reducing data verification friction. As a council member, FedEx will operate a Hedera network node and have equal voting rights with other members, directly participating in the governance of software and services.