BEIJING (AP) — Baidu Inc., which operates China's most popular search engine, says its quarterly profit edged down 0.4 percent due to heavy spending to promote new mobile services but revenue soared....
BEIJING (AP) — Baidu Inc., which operates China’s most popular search engine, said Tuesday its quarterly profit rose 36 percent as an economic rebound helped to boost advertising spending. The Beijing-based company earned 2.8 billion yuan ($448.7 million) in the three months ending Dec. 31, or 7.99 yuan ($1.28) per share. Revenue rose 41.6 percent...
Apple is moving away from Google. In a string of pearls kind of approach, Apple has first moved away from Google Maps service in its latest iPhoto for iOS release. Now if the recent news is true, Apple would be kissing Google’s search engine goodbye in China. Apple’s iOS, the mobile OS that powers the...
In this year’s Forbes world billionaires’ rankings released last week, counted 1,226 people in an all-time high. 43-year old Robin Li, founder and CEO of China search giant Baidu, ranked 86th with US$ 10.2 billion, and continues to be the richest among billionaires in China. His wealth includes shares held by his wife, Melissa Ma....
By Tom Hancock Six Chinese authors, including best selling novelist Han Han, plan to sue Apple’s Appstore for over a million dollars in lost income, Chinese media has reported. An alliance of authors has already filed a case with Beijing’s second people’s court, reports said. The alliance plans to sue Apple on grounds of copyright...
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