Uber—the app-based car service—has raised $1.2 billion to keep expanding Uber China, a source close to the efforts said.
Chinese search engine Baidu, listed on the US Nasdaq market, said Thursday it is planning a $1.0 billion share buy-back programme over the next 12 months.
Baidu shares skidded after the Chinese Internet colossus reported earnings shy of most market expectations.
News that Baidu, the Google of China, cheated to take the lead in an international competition for artificial intelligence technology has caused a storm among computer science researchers. It has been called machine learning's ...
Chinese search engine giant Baidu plans to develop a driverless car, according to domestic media reports, following in the footsteps of fellow technology firm Google.
A research team from Chinese search engine giant Baidu has been told to sit out an international artificial intelligence competition for sidestepping the rules.
Silicon Valley is famed for spawning the desktop, mobile and cloud computing revolutions. What is less well known is that it's one of the nerve centers for building the world's fastest number-crunchers.
Chinese search giant Baidu on Wednesday reported its first-quarter profit slipped, despite revenue jumping more than a third on strong use of smartphones to access the service.
Chinese search provider Baidu on Wednesday reported that its fourth quarter profit climbed 16 percent to $520.4 million, driven by a surge in smartphone users connecting with the Internet powerhouse.
Chinese search engine Baidu, the country's equivalent of Google, announced Wednesday it has bought a stake in Uber for an undisclosed sum, as the controversial US web-based taxi app seeks to expand into an already crowded ...