A Baidu sign is seen during the fourth World Internet Conference in Wuzhen, Zhejiang province, China December 4, 2017. — Reuters pic
SHANGHAI, Nov 17 — Chinese search engine giant Baidu Inc said on Monday it would acquire JOYY Inc's video-based entertainment live streaming business in China for about US$3.6 billion in cash. The deal is expected to close in the first half of 2021 and would includes YY mobile app, YY.com website and PC YY, among others, the company said. — Reuters
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CNBC: Baidu in talks to raise funds for AI chip company | Malay MailBEIJING, Feb 10 — China’s search engine giant Baidu Inc is in talks to raise cash for an artificial intelligence semiconductor company, CNBC reported today, citing a person familiar with the matter. Venture capital firms GGV and IDG Capital are in discussions with Baidu, which is looking to...
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