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January 1, 2024
HONG KONG (Reuters) -Baidu has terminated its planned $3.6 billion acquisition of Nasdaq-listed JOYY Inc's China live-streaming business, the company said on Monday in a filing with the Hong Kong stock exchange. The failure of the deal casts a shadow on search engine giant Baidu's ambition to diversify its revenue. The company proposed to acquire JOYY's video-based entertainment live streaming business in China, known as YY Live, in 2020.
January 1, 2024
Baidu has terminated its planned $3.6 billion acquisition of Nasdaq-listed JOYY Incs China live-streaming business, the company said on Monday in a filing with the Hong Kong stock exchange.
January 1, 2024
HONG KONG (Reuters) -- Baidu has terminated its planned $3.6 billion acquisition of Nasdaq-listed Joyy's China livestreaming business, the c
January 1, 2024
According to a Monday stock market filing, Chinese tech giant Baidu canceled its $3.6 billion acquisition of JOYY Inc.'s live-streaming subsidiary, YY Live.
December 31, 2023
This blog highlights Chinas ERNIE Bot, and other leading chat bots and provides insights on the generative AI chat bot market.
December 30, 2023
Ernie Bot leads all Chinese chatbots but its score of 79.02 is more than 10 points lower than new version of ChatGPT
December 29, 2023
The user base milestone, announced at a deep learning summit in Beijing, comes after the search engine giant opened Ernie Bot to the public in August. This was preceded by a partial unveiling and more than five-month trial period where select users could test the chatbots capabilities.
December 29, 2023
Asian equities ended the year mixed with little news and light volumes as South Korea closed early for the New Yearโs holiday.
December 28, 2023
Artificial intelligence (AI) can add $15.7 trillion to the global economy by 2030, and this opportunity isn't lost on Wall Street or its analysts.
December 28, 2023
In October, Baiduโs CEO said Ernie Bot is on par with OpenAIโs GPT-4 model in terms of overall performance.