China’s Alibaba lowered its full-year sales forecast on Friday due to concerns about the economic impact of a U.S.-China trade spat, which the company expects will dent revenue ahead of its top sale season.
Google reclaimed on Tuesday its spot as the default search engine on Mozilla Corp’s Firefox Internet browser in the United States and other regions as the browser maker stunned Verizon’s Yahoo by canceling their deal.
Chinese search engine giant Baidu Inc forecast December quarter revenue that fell short of analysts’ estimates as the company ramps up investments in artificial intelligence and autonomous driving technologies.
This week in Paris, Adrian Cheng announced the launch of a significant new investment fund to target what Cheng sees as the key consumer market of this century – Millennials and Generation Z in China. Call them BATers.
Chinese search engine giant Baidu Inc has hired the finance chief of Weibo Corp as its chief financial officer, marking a leadership change for the firm as its hones its focus onto artificial intelligence.