Google is slowing piecing together a strategy for China to ensure that it doesn’t miss out on the growth of technology in the world’s largest country. It’s been months in the making through a series of gradual plays, but further evidence of those plans comes today via a product launch. Files Go — a file manager for […]
View More Google is quietly formulating a new strategy for ChinaCategory: Baidu
The well-funded startups driven to own the autonomous vehicle stack
At some point in the future, while riding along in a car, a kid may ask their parent about a distant time in the past when people used steering wheels and pedals to control an automobile. Of course, the full realization of the “auto” part of the word — in the form of fully autonomous automobiles — is a long way off, but there are nonetheless companies trying to build that future today.
View More The well-funded startups driven to own the autonomous vehicle stackBaidu spins out its global ad business to sharpen its focus on artificial intelligence
Baidu, the Chinese search giant, is spinning out its business unit responsible for utility apps and its mobile ad business to sharpen its focus on artificial intelligence. As part of the spin-out, Baidu is selling a large chunk of its equity in the ‘Global DU’ business to as-yet-undisclosed investors. The plan is to sell “a […]
View More Baidu spins out its global ad business to sharpen its focus on artificial intelligenceTencent leads $50M investment in NewsDog, an app vying to be India’s Toutiao
The growth of China’s Bytedance, an ambitious $30 billion tech firm, and its highly-addictive Toutiao news aggregator app has set off a search for services with similar growth potential across the world. India, second in population only to China with rapidly-growing internet access, is an obvious place to look, and would-be pretender to the Toutiao […]
View More Tencent leads $50M investment in NewsDog, an app vying to be India’s ToutiaoBaidu’s top AI exec is stepping down
Baidu’s stocks took a hit earlier today after the company announced that its Qi Lu is stepping down his job as President/COO after just a year and a half. In a press release tied to the news, the executive cited personal reasons for his decision to “transition” to a lesser role. “Baidu is a great […]
View More Baidu’s top AI exec is stepping downBaidu brings group of PE firms into its financial services business via $1.9B investment
Baidu has turned to the financial industry to bolster its consumer finance business. The Chinese search giant confirmed that it has sold a majority share in its Financial Services Group (FSG) business to a consortium of private equity firms in a deal worth $1.9 billion. The business is in the consumer finance space and its services include credit and wealth […]
View More Baidu brings group of PE firms into its financial services business via $1.9B investmentReport: Smartphone usage set to overtake time spent watching TV in China
2018 is the year that smartphone usage eclipses time spent watching TV in China and it’s all down to the growth of digital video platforms, according to a new report from eMarketer. You’d be forgiven for thinking that this had already happened in China, which happens to be the world’s largest smartphone market, but eMarketer forecasts […]
View More Report: Smartphone usage set to overtake time spent watching TV in ChinaIs America’s national security Facebook and Google’s problem?
Jamie Metzl Contributor Share on Twitter Jamie Metzl is a Senior Fellow for Technology and National Security at the Atlantic Council. More posts by this contributor Homo Sapiens 2.0? We need a species-wide conversation about the future of human genetic enhancement Eleonore Pauwels Contributor Share on Twitter Eleonore Pauwels is Director of the Anticipatory Intelligence […]
View More Is America’s national security Facebook and Google’s problem?Baidu’s streaming video service iQiyi falls 13.6% in Nasdaq debut
The streaming video service iQiyi, a business owned by China’s online search giant Baidu, dropped 13.6% in its first day of trading on the Nasdaq — closing at $15.55, or down $2.45 from its opening price of $18. The company still managed to pull off one of the largest public offerings by a Chinese tech […]
View More Baidu’s streaming video service iQiyi falls 13.6% in Nasdaq debutBaidu’s video business iQiyi to raise up to $1.5B in US IPO
Baidu’s iQiyi video division is set to become the latest Chinese tech company to go public in the U.S. after it filed to raise up to $1.5 billion via an IPO on the Nasdaq. The service was started in 2010 by search giant Baidu, which owns a dominant 70 percent of the company. Xiaomi (eight percent) and Hillhouse (six percent) are the other major names that have backed it. A… Read More
2018 might be Amazon’s year to take a leading role in online advertising
With WPP’s over 200,000 employees and a $75 billion media book, Sir Martin Sorrell has a uniquely privileged insight into the future of the online advertising industry. And he believes that 2018 might be the year that a third company joins what he calls the Facebook/Google “duopoly” in online advertising and search. Read More
China’s Chery will use Nvidia-powered ZF ProAI for Level 3 autonomous cars
Chinese automaker Chery will be building cars with Level 3 autonomous features powered by supplier ZF’s ProAI platform, which itself uses Nvidia GPUs for its driving intelligence. The partnership was announced at the North American International Auto Show today in Detroit, and follows announcements from CES where Nvidia announced further collaboration with ZF and with Baidu. Baidu is also… Read More