Baidu buys JOYY's China live-streaming unit for $2.1 billion in digital video push

Baidu said on Tuesday it has bought JOYY's China live-streaming business for about $2.1 billion, reviving a deal that fell through a year ago, as the search giant doubles down on the fast-growing digital video market. The companies had agreed upon a $3.6 billion deal in 2020 at the height of the…