Bottom line: Baidu's first-ever loss since going public reflects a long-anticipated decline for its core search business, which could mark the start of a longer-term decline due to lack of a strong new business lines.
It seems that profits are increasingly hard to come by these days on China's Internet. That's the major takeaway coming in the latest results from search giant Baidu (Nasdaq: BIDU), which has just posted its first loss since becoming a publicly listed company 14 years ago. Perha...
.Bottom line: A major new campaign calling on Google to abandon its plan to return to China's search market will add pressure on the company to reconsider its decision, but is unlikely to succeed unless the pressure grows significantly stronger.
If Google (Nasdaq: GOOG) CEO Sundar Pichai thought he could quietly launch a new filtered China search engine without any major backlash, he's quickly finding out otherwise. The search giant's controversial plan to return to the world's biggest search ...
.Bottom line: Google's decision to finally talk openly about its plan to return to China looks smart though slightly late, by explaining the desperate need for alternatives in the massive though tightly controlled search market.
After staying mum on the subject for quite some time, Google (Nasdaq: GOOG) is finally speaking out on its controversial decision to return to the China search market. Its CEO Sundar Pichai broke the company's silence on the matter at an event this week sponsored by Wi...
.Bottom line: An internal petition calling on Google to be more transparent about its plans to return to China represents the first major backlash to the move, but is unlikely to dissuade the company from going ahead.
When the news first broke a couple of weeks ago that Google (Nasdaq: GOOG) was planning a return to China's search market, many predicted that western sources would be quick to criticize the plan, even though few voices have actually spoken out so far. Fast forward a couple of we...
.Bottom line: A new report on Google's plan to launch a new China search engine within the next year looks credible, and underscores the company's decision to put the market's big potential ahead of the negative backlash such a move will bring.
A story in a publication called the Intercept is making big waves in China, saying search giant Google (Nasdaq: GOOG) is preparing a major about-face on its decision to leave the country's large but highly controlled search market. (English article) Whi...
.Bottom line: Facebook and Google's latest micro-moves into China reflect their longer term efforts to get permission to launch major services in the market, though it's unclear if they will get such a green-light anytime soon.
You have to give China-challenged Internet giants Facebook (Nasdaq: FB) and Google (Nasdaq: GOOG) an "e" for effort. Both companies have popped into the China headlines over the last two weeks for micro-moves into the world's largest Internet market, including the lates...
.Bottom line: Baidu's anti-competitive behavior alleged in a lawsuit by Jinri Toutiao won't have a long-term effect on its stock, but will draw the attention of an increasingly assertive anti-trust regulator.
A humorous war of words has broken out between search leader Baidu (Nasdaq: BIDU) and news aggregating app Jinri Toutiao, also sometimes called Today's Headlines, over unfair competition in the form of search manipul...
Bottom line: Google has quietly resumed updates of its China mapping service in a bid to tap the booming local market for location-based services.
Are they or aren't they? That's the question going through everyone's minds these days about Google's (Nasdaq: GOOG) stealth return to China, following reports that the company has quietly re-launched its previously dormant mapping service in the market. In this case there are quite a few c...
Bottom line: Google's launch of a China AI lab marks the latest step in its campaign to curry favor with Beijing, which could give it a 50-50 chance of being allowed to sell its Pixel phones and open a China Google Play store in 2018.
Chronicling Google's (Nasdaq: GOOG) slow march back to China has been a bit like watching grass grow these days. It's been a painfully slow process, including the latest announcement that the c...
Bottom line: Google's purchase of HTC's Pixel assets is a sign of no confidence in HTC's chances of longer-term survival as an independent smartphone maker.
Everyone is giving their two cents about the big new tie-up between Taiwan smartphone maker HTC (Taipei: 2498) and Google (Nasdaq: GOOG), so I figured I'd weigh in as well on this deal that has quite a few threads. From where I sit, the deal marks the latest dis...
Bottom line: Google's campaign to build a China-based artificial intelligence team is at least partly designed to woo Beijing, as part of its broader effort to get permission to open a China-based Google Play app store.
In the latest signal of its move back to China, Internet titan Google (Nasdaq: GOOG) is apparently on a hiring spree in Beijing that looks aimed at building up an artificial intelligence (AI) team in the world's largest o...
Bottom line: Google will get permission from Beijing to open a Chinese version of its app Play Store later this year, most likely through a joint venture with NetEase or Tencent.
The glacial return to China for Internet titan Google (Nasdaq: GOOG) is making its debut in the 2017 headlines, with word that the company is in talks to open a Chinese version of its app store with online game giant NetEase (Nasdaq: NTES). That tidbit ni...