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BAIDU REVENUE DECLINE
Baidu results beat estimates as AI cloud surge offsets ad slumpBaidu has announced strong quarterly results, surpassing market expectations. The company's cloud computing services showed significant gro...- Large AI firms hoovering maximum funding, not enough for smaller startups: Y Combinator’s Ankit GuptaAnkit Gupta spoke to ET ahead of the accelerator’s Startup School event in Bengaluru on April 18 — the first in India. In order to tap aspi...
- Alibaba results likely to show limited AI payoff for China techAlibaba is expected to spotlight its AI strategy in upcoming results but, like Tencent and Baidu, faces difficulty monetising its investmen...
- China's Baidu misses quarterly revenue estimatesBaidu's quarterly revenue fell 4% to ¥32.71 billion, missing market estimates, as weak advertising demand persisted amid China’s economic s...
- Baidu crashes 75% from peak — is China's AI titan in trouble or just on sale?Baidu stock 2025: Once China's top search engine, Baidu faces challenges. Its stock has declined significantly from its 2021 peak. Online a...
- Baidu touts AI edge as ad revenue stallsBaidu's comment came amid an AI price war in China, where companies have slashed prices of large language models used to power generative A...
- Tesla soars 12% on tentative approval for driving system in ChinaThe developments came after Tesla Chief Executive Officer Elon Musk made an unannounced trip to China on Sunday, seeking approval for drive...
- Nvidia identifies Huawei as top competitor for the first time in filingNvidia said that China's Huawei competes in supplying chips designed for artificial intelligence such as graphics processing units (GPUs), ...
- China's Lenovo posts Q3 revenue growth, beats analyst estimatesRevenue started contracting in 2022 at the end of a boom in demand for PCs and other electronic products brought about by Covid-19. Lenovo ...
- Slowdown fears grip China tech despite upbeat salesChinese tech stocks have succumbed to the pull of gravity after investors’ hopes for a swift rebound in growth failed to materialise.
- Tencent Q3 Results: Revenue down 2% year on year to $19 bnTencent said domestic video games in particular saw a 7 percent decrease in the three months ending September 30, "as transitional industry...
- Tencent Q3 Results: Revenue down 2% year on year to $19 bnThe Hong Kong-listed company, which is the world's top video game maker and the owner of popular super-app WeChat, posted revenues of 140 b...
- Alibaba, Tencent put talks to buy iQIYI stake on hold due to price, regulatory concerns: SourcesBut the discussions have stalled with little hope of recommencing soon as they balk at a valuation of around $20 billion demanded by Baidu ...
- TikTok-owner ByteDance to rake in $27 billion in ad revenue by year-end-sourcesThe company's overall revenue goal for 2020 is around $30 billion, Reuters previously reported, which means ByteDance's ad revenue in China...
- Worldwide server shipments declined 0.2 pc in Q4: GartnerHowever for year-end results, worldwide server shipments grew 1.5 per cent and server revenue declined 0.6 per cent in 2012, it said.
- Zong Qinghou, head of beverage maker Hangzhou Wahaha, is China’s richest manZong, a member of the Chinese legislature who says he spends just $20 a day, ranks No. 23 globally and trails only Li Ka-Shing & Mukesh Amb...
- Google defends shrinking China market shareGoogle is hiring dozens of marketing and technical employees in China to defend a shrinking market share against local rivals.
- Baidu winner in Google versus China cyberwarAfter winning permission from China’s government to continue to operate in the country, Google must now fight for relevance as Baidu extend...
- Google, China deal may be short-livedChina confirmed that it renewed Google's license, after the US co pledged to allow its Web content to be supervised. Judge OKs iPhone class...
- Google, music labels launch China download serviceGoogle Inc. and major music companies launched a free Internet music download service for China on Monday in a bid to help turn a field dom...
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