baidu

Baidu Shares Plummet

Baidu Shares Plummet

Baidu Inc. (NASDAQ: BIDU) expects a disappointing revenue outlook for the rest of the year due to lost advertising sales during this month’s Communist Party Congress which lead to falling shares. The search engine giant expected fourth qu..

China’s Tech Firms Fined for Censorship

China’s Tech Firms Fined for Censorship

China’s top tech firms Baidu Inc. (NASDAQ: BIDU), Tencent Holdings Ltd., Weibo Corp. (NASDAQ: WB) and others were fined for failing to properly censor online content as the country is enhancing their censorship and security efforts ahead of th..

Baidu Inc Announced $1.52 Billion Autonomous Driving Fund

Baidu Inc Announced $1.52 Billion Autonomous Driving Fund

On Thursday, Baidu Inc (NASDAQ: BIDU), the Chinese search engine, announced $1.52 billion autonomous driving fund over the next three years. This move is part of its plan to accelerate its technical development and compete with U.S. rivals such as G..

China’s Baidu Shares Soar as Profit Jumps

China’s Baidu Shares Soar as Profit Jumps

Baidu, Inc.(NASDAQ: BIDU), China’s internet search giant, on Thursday reported second quarter financial results that topped analysts’ estimates, sending its shares up more than 10 percent.Baidu said profit jumped 83 percent to 4.415 bill..

PayPal Reported Second-Quarter Earnings

PayPal Reported Second-Quarter Earnings

PayPal Holdings Inc. (NASDAQ: PYPL) released Q2 earnings yesterday, prompting a further increased valuation in their guidance for FY2017.The stock opened at $61 today, up from yesterday’s $58.8 close, but has since dropped to $58.4. The compan..

Nvidia and Baidu Announced a Partnership to Expand Artificial Intelligence-Based Offerings

Nvidia and Baidu Announced a Partnership to Expand Artificial Intelligence-Based Offerings

NVIDIA Corporation (NASDAQ: NVDA), the chip-maker, and Baidu Inc (NASDAQ: BIDU), one of China’s leading cloud providers, announced a partnership to bring artificial intelligence technology to cloud computing, self-driving vehicles and AI home ..