Exclusive: Alibaba and Tencent Suspend Negotiations to Buy iQIYI Stake Due to Pricing and Regulatory Concerns – Sources

HONG KONG / BEIJING (Reuters) – Alibaba Group Holding Ltd and Tencent Holdings Ltd have each had separate talks with Baidu Inc to acquire a controlling stake in video streaming service iQIYI Inc, people with knowledge of the matter told Reuters. FILE PHOTO: An Alibaba Group logo is seen during the World Internet Conference (WIC)…

Baidu to acquire JOYY’s live streaming business in China

GUANGZHOU, China, November 17, 2020 (GLOBE NEWSWIRE) – JOYY Inc. (Nasdaq: YY) (“JOYY” or the “Company”), a global video-based social media platform, announced today that the Company has entered into definitive agreements with Baidu, Inc. (Nasdaq: BIDU) (“Baidu”). Under the agreements, Baidu will acquire JOYY’s home video entertainment live streaming business (“YY Live”), which includes…

Baidu obtains first permits for fully driverless test drives in Beijing

Beijing transport authorities have allowed five Baidu Apollo autonomous vehicles to perform fully driverless road tests. Announcement makes Baidu the first and only company capable of conducting driverless testing on public streets in Beijing without safety driver on board. Beijing has the strictest safety requirements for obtaining a driverless test permit in China. Released in…

Google Workplace now open to everyone for fluid hybrid work, IT News, ET CIO

San Francisco: Google announced on Monday that his integrated communication and the Workspace collaboration service is now available to anyone with a Google account. The company’s more than 3 billion existing users in the consumer, business and education sectors have access to the full Google Workspace experience, including Gmail, Chat, Calendar, Drive, Docs, Sheets, Meet…

Artificial Intelligence (AI) In BFSI Market Size To Grow At Incredible CAGR By 2027 – Amazon Web, IBM, Avaamo, Baidu, Cape Analytics LLC, Oracle

Financial institutes rely on AI to collect, report and analyze large chunks of data to extract meaningful information about customers to meet their needs. The ability of technology to perform tasks, such as natural language processing and recognition of images, speech and text and advanced machine learning algorithms, is a factor that will increase the…

Better buy: Baidu vs. Alphabet

Baidu (NASDAQ: BIDU) is often referred to as the “Google of China” because it has the largest search engine in the country. Like its American counterpart, it also has a sprawling ecosystem of cloud and multimedia services. I compared Baidu to the parent company of Google Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) last november. I said…

How to be the next Tesla

June 5, 2021 VSARMAKING IS OVER with brands gone, from Diatto and Hupmobile to Mercer and Whitlock. America spawned about 250 companies in the 1910s. As the end of the 20th century drew to a close, there were three that counted: Ford, General Motors (DG) and Chrysler. In recent years, an electric version of America’s…

Trump administration rolls back planned investment ban on Alibaba, Tencent and Baidu: sources

Through Alexandra Alper, Humeyra Pamuk WASHINGTON (Reuters) – The Trump administration has scrapped plans to blacklist Chinese tech giants Alibaba, Tencent and Baidu, four people familiar with the matter said, granting Beijing’s top companies a brief reprieve as part of the deal. of a broader repression from Washington. Washington still plans to move forward this…