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Baidu Shares Rise on News That Apple Will Use Its AI Services in China Products
Shares of Baidu rose sharply in Hong Kong on news that the Chinese tech giant will provide artificial-intelligence services to Apple’s latest iPhone 16 and other products being sold in China. Read More
Why Baidu Stock Jumped Today
Electric vehicle company Tesla is tapping Baidu for its self-driving technology and license to use it in China. The news isn’t a reason in and of itself to purchase Baidu stock, yet Baidu stock is ... Read More
China Market Update: Tesla & Baidu Venture Wins, Panda Diplomacy, & Another Massive Net Buy Day In Northbound Stock Connect
Real estate was the top-performing sector in both Hong Kong, where it gained +4.4% and Mainland China, where it gained +6.39% on reports that Chengdu lifted property ... Read More
Technology News
The government and Google are making their closing arguments in a high-stakes antitrust trial to a federal judge in Washington who must now decide whether the tech giant’s search engine ... Read More
China pledges US$69 billion in credit backing for tech after resurrecting dormant financial tools
China has announced it would renew the use of two relending tools previously levied to mitigate the shocks from the coronavirus pandemic, providing a combined 500 billion yuan (US$69.1 billion) in ... Read More
TikTok owner ByteDance offers to buy back US$5 billion worth of investor shares as IPO prospects remain slim
Beijing-based ByteDance, the owner of TikTok, is offering to buy back up to US$5 billion worth of shares from ... ousting Baidu from China’s top three Big Tech companies – known by the acronym ... Read More
TotalEnergies to Buy Back $2 Billion of Shares After Net Profit Rises
TotalEnergies reported higher-than-expected profits in the first three months of the year and said it would buy back $2 billion of shares this quarter. Read More
ChatGPT rival ‘Ernie Bot’ now has 200 million users, China’s Baidu says
China’s Baidu has ... to reach 1.86 billion views last month. In recent months, China has accelerated approvals for AI services after highlighting AI as a key area in tech where China will ... Read More
Apple in talks to use China’s Baidu GenAI tech in its devices
Apple has held initial talks with Chinese tech giant Baidu about using the company's GenAI in its devices in China, according to a Wall Street Journal report. The news comes after Apple is ... Read More
ABB to buy back shares worth up to $1 billion
Electrification and automation technology leader ABB will launch a new share buyback programme for up to $1 billion, under which the company will be buying back nearly 21.3 million shares at the ... Read More
Baidu says AI chatbot 'Ernie Bot' has attracted 200 million users
HONG KONG, April 16 (Reuters) - China's Baidu ... 1.86 billion views last month. In recent months, China has accelerated approvals for AI services after highlighting AI as a key area in tech ... Read More
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