Exclusive-China is unlikely to approve Baidu's $3.6 billion purchase of JOYY's YY Live -sources - NewsBreak

HONG KONG (Reuters) - China's antitrust regulator is unlikely to approve Baidu's $3.6 billion acquisition of JOYY Inc's video-based domestic live streaming business YY Live, two sources with direct knowledge of the matter told Reuters. This follows Beijing's move to rein in gaming-related businesses and corporate expansion via deals, they...