(1) To begin with, the symbol ":=" is often used quite subtly to demarcate a definition in addition to an equality, rather than an equality alone [1].
(2)
For $L_2$, It is acceptable to write the latter in place of the former when all the $x_i$ (i = 1, 2, ... n) are real numbers.
(3)
For finite, even-valued $p$, it is acceptable to write the latter for all $L_p$ norms when all the $x_i$ (i = 1, 2, ... n) are real numbers.
(4)
For finite $p$, it is acceptable to write the latter for all $L_p$ norms when all the $x_i$ (i = 1, 2, ... n) are non-negative numbers.
Bibliography:
[1] What is the distinction between $=$ and $:=$ when writing math?