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Baidu posts flat second-quarter revenue as sluggish economy slowed advertising spending

by Anas Siddiqui
Baidu posts flat second-quarter revenue as sluggish economy slowed advertising spending

Baidu’s Hong Kong-listed shares closed up 1.71 per cent to HK$86.45 on Thursday. A robotaxi, developed as part of Baidu’s Apollo Go autonomous driving project, seen on the road in …

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Baidu’s move to cancel YY Live acquisition amid fierce market competition, tougher regulation a boon to firm’s AI business expansion, analysts say

by Anas Siddiqui
Baidu’s move to cancel YY Live acquisition amid fierce market competition, tougher regulation a boon to firm’s AI business expansion, analysts say

This move was “not totally unexpected, given investors have been waiting for more details in past years”, Jefferies equity analysts Thomas Chong and Zoey Zong said in a research note …

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Google’s latest antitrust trial to focus on Play Store app prices

by Anas Siddiqui
Google’s latest antitrust trial to focus on Play Store app prices

Google on Monday will try to protect a lucrative piece of its internet empire at the same time it’s still entangled in the biggest U.S. antitrust trial in a quarter …

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