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Posts Tagged ‘ Baidu ’

Here’s what tech leaders are saying about Yahoo’s sale to Verizon

Tuesday, July 26, 2016 | More »

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Yahoo! Inc.’s sale to Verizon Communications Inc. marks the end of an era for the Internet pioneer. The $4.83 billion price tag for a company which was once valued at $128 billion during the dotcom boom has become the talk of the town. Since the deal’s announcement leaders from the tech ...

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Baidu prepared to grow through further acquisitions in 2014

Baidu Inc is prepared to grow by making further acquisitions in 2014, Chief Executive Robin Li said on Thursday after the Chinese Internet company reported its fourth quarter earnings. Baidu’s aggressive strategy to gain ground on competitors such as Tencent Holdings Ltd and Alibaba Group Hold...

27 February, 2014 | More »

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Group of Chinese internet firms to sue Baidu over copyright violations

A group including Chinese Internet firms Tencent Holdings and Sohu.Com Inc  as well as a top U.S. film industry body said on Wednesday it is seeking 300 million yuan in damages from China’s Baidu Inc and others for copyright violation. The group, which also includes Youku Tudou Inc, Dalian Wa...

13 November, 2013 | More »

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Baidu’s Q3 outlook reassures amid rising competition

Baidu Inc forecast third-quarter revenue well beyond investors’ expectations, dispelling fears that growing competition in its home Chinese market was sapping market share and propelling its stock 11 per cent higher. The company, China’s largest Internet search engine, foresees revenue ...

25 July, 2013 | More »

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Baidu to buy Chinese app store for $1.9B

Baidu Inc, China’s top search engine, plans to acquire app store 91 Wireless for $1.9 billion to strengthen its foothold in the country’s highly competitive mobile computing sector. Baidu will buy a 57.4 per cent stake in 91 Wireless, one of China’s earliest appstores, from NetDrag...

16 July, 2013 | More »

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China’s Baidu developing digital eyewear similar to Google Glass

Baidu Inc, China’s largest search engine, is developing prototype digital eyewear similar to Google Inc’s  Google Glass that will leverage Baidu’s strengths in image search and facial recognition, a Baidu spokesman said on Wednesday. Internally known as project “Baidu Eye&#...

4 April, 2013 | More »

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Baidu revenue and profit growth rate slow in Q4

Baidu Inc, China’s largest search engine company, reported its slowest profit growth since 2009, as competition in the sector heats up and more users switch to mobile search. Shares of Baidu were down 6.7 per cent at $100.01 in after hours trading on Monday. Baidu had previously warned of a so...

5 February, 2013 | More »

Search engine Baidu in mobile browser fight, to invest $1.6B for cloud computing

China’s dominant search engine Baidu Inc rolled out a mobile browser on Monday to help secure its share in a mobile Internet market that surpasses the US population in size and to fend off smaller rivals such as Qihoo 360 Technology Co. In China, the number of users who access the Internet fr...

4 September, 2012 | More »

Apple’s victory in patent battle boosts Microsoft as Asian vendors scramble

Apple Inc’s decisive triumph over Samsung Electronics in the most closely watched patent trial in years could open the door for Microsoft Corp to finally hop on board the mobile boom as manufacturers of Android-based smartphones and tablets weigh their legal risks. Microsoft sounded a challe...

27 August, 2012 | More »

Baidu to take on Google on travel info

Baidu, China’s largest search engine company by market share, has signed a deal with Skyscanner, the UK-based flight search company, as it seeks to rival Google in providing travel information to internet users. People looking for international flights on the Baidu search engine will be presented ...

23 August, 2012 | More »

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