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From the heart of where innovation, money, and power collide,

in Silicon Valley and beyond, this is Bloomberg Technology with Caroline Hyde and Ed Ludlow.

Thank you. Bloomberg Technology with Caroline Hyde and Ed Ludlow.

Live from New York, I'm Caroline Hyde.

And I'm Jackie Davalos in San Francisco. This is Bloomberg Technology.

Coming up, Apple in the geopolitical crosshairs as China weighs a potential antitrust probe into the app store practices.

Plus, Alphabet shares tumble after posting slower growth in its cloud business and a $75 billion capital expenditure commitment.

And AMD falls on a disappointing outlook for its AI chip growth.

That and so many more earnings coming up.

And Apple off by 1.3%. A key issue here is China and the US and a potential antitrust probe coming from China,

all regarding its app store.

Let's get to it in Bloomberg's Peter Lstrstrom, because the timing here is, of course,

amid this tip for tap from U.S. and China in tariffs, but this started before Trump came to

office.

Yeah, that's exactly right.

So what we've heard from sources is that Beijing regulators are looking at Apple, and specifically

the policies around its App Store.

It takes a 30% cut of app revenue like it does in other countries too.

And also it kind of locks down payment systems because it wants you to make those payments through the Apple store in particular.

So we've heard that SMR, the regulator there, is taking a close look at Apple.

They've called in executives from the company and some other executives, too, to find out more

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