baidu

Ford's Future in the Automotive Industry Relies on Two Partnerships

Ford's Future in the Automotive Industry Relies on Two Partnerships

After beating expected earnings a week ago, Ford Motor (F:NYSE)  is trying to change the perception of it being a struggling Company. It is reportedly teaming up with Baidu (BIDU: NASDAQ) in China and Volkswagen (VLKAY: OTC) in efforts for elec..

Baidu Shares Rise on Better-than-Expected Earnings

Baidu Shares Rise on Better-than-Expected Earnings

Chinese internet giant Baidu, Inc. (NASDAQ: BIDU) on Tuesday announced third quarter earnings that beat analysts’ estimates, sending the shares up 3.6%.Chinese search company said total revenue rose 27% to RMB 28.2 Billion (USD 4.11 Billion) i..

Study shows 20% Growth of the Worlds Billionaires

Study shows 20% Growth of the Worlds Billionaires

This is something nobody ever wants to hear… the rich just keep getting richer. On Friday a study released by UBS and PwC revealed that the wealth of the world's billionaires increased 20% in 2017 to $8.9 trillion!China’s rich are l..

Baidu Shares Tumble After COO Qi Lu Steps Down

Baidu Shares Tumble After COO Qi Lu Steps Down

Baidu Inc. (NASDAQ: BIDU) on Friday announced that Qi Lu will step down from chief operating officer, sending the stock down more than 7 percent.Lu, a former executive at Microsoft, joined Baidu in January 2017. The company said Lu will no longer se..

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..