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baidu's video streaming unit launches $2.4 billion ipo in us




chinese video streaming service provider iqiyi inc, a unit of search engine giant baidu inc, has launched an initial public offering in new york worth up to $2.4 billion, seeking to expand its range of content. the listing is expected to give the firm extra financial muscle as it squares off against...



us ipo for baidu video unit as q4 net income flattens




chinese search engine giant baidu will spin off its netflix-like video arm iqiyi and list it in the us market, the company said in a statement that revealed its net profit grew only one percent during the fourth quarter.



baidu boosts quarter results after strong performance of mobile business




baidu, the chinese internet search engine company, on friday reported an increase in quarter earnings, widely considered as a recovery following regulatory investigations of the company in 2016.net profits jumped 83.5% to 4.41 billion yuan compared to the previous year. the increase is largely attri...



drake’s ‘more life’ tracks surpass 1 billion u.s. streams: billboard 200 chart m




on the latest billboard 200 albums chart (dated april 22), drake’s more lifenotches a third week in-a-row at no. 1, earning 136,000 equivalent album units in the week ending april 6, according to nielsen music. elsewhere in the top 10, kodak black’s painting pictures bows at no. 3, mastodon’s...



nvidia will power self-driving cars in china




the pact will also make nvidia's deep learning volta gpus available to baidu cloud customers, optimize baidu's deep learning platform (paddlepaddle) for those volta processors and use baidu's conversational ai, dueros, for voice commands on nvidia's shield tv.it's a business win for nvidia, of cours...



nielsen music's first-quarter numbers: explosive growth for streaming, not so mu




on-demand streaming continued to enjoy explosive growth in the u.s. during the first quarter of 2017, offsetting declines in physical and digital sales. according to nielsen music (formerly soundscan), on-demand streaming climbed 35.2 percent in q1 to 133.9 billion streams, up from 99.1 billion in...



robin li and baidu are helping china win the 21st century




when robin li looks back at the question now, he can laugh. but things were different in 1992, when the baidu ceo was a tongue-tied chinese student applying for a computer-graphics graduate program in the u.s. the interviewing professor asked him, “do you have computers in china?” it left the yo...



baidu's latest autonomous car road test may have been illegal




in 2015, baidu completed a full autonomous test of its self-driving car on mixed roads. last year it began testing its vehicles on public roads in wuzhen, china and was granted a permit to conduct tests in california. but in july of last year, chinese authorities banned self-driving cars from the co...



baidu teams with ride-hailing service to fast track self-driving cars




it's no secret as to why baidu is signing a deal like this: it's making a big bet on self-driving technology, and it doesn't have much time to fulfill some of its promises. the company wants to start producing autonomous self-buses in 2018, and it expects mass production of level 4 (that is, almost ...



online streaming giant netflix's boss is worried about the internet




netflix ceo reed hastings has downplayed the threat a $us60 billion($75 billion) tie-up between rupert murdoch's 21st century fox group and the disney empire will pose to his company's dominance.but the head of the $us140 billion video streaming powerhouse, whose shares touched fresh highs this week...



nvidia will power self-driving cars in china




the pact will also make nvidia's deep learning volta gpus available to baidu cloud customers, optimize baidu's deep learning platform (paddlepaddle) for those volta processors and use baidu's conversational ai, dueros, for voice commands on nvidia's shield tv.it's a business win for nvidia, of cours...



'despacito' is a record-breaker thanks to streaming's growing popularity




when luis fonsi and daddy yankee's runaway hit "despacito" broke the global streaming record on wednesday, it was an impressive feat, to be sure. but the record-setting run of more than 4.6 billion streams in just six months comes in part simply thanks to the increasing popularity of streaming in ge...



baidu jumps into smart speaker fray with raven h




raven h relies on baidu's own dueros software to power services on the multi hued device



nintendo switch’s first streaming app inbound, others coming soon




the nintendo switch would make a great portable multimedia device if not for the fact that it isn’t exactly a multimedia device. or rather, it currently lacks one of the most popular entertainment pastimes of the modern age: video streaming. nintendo did promise that video streaming apps would com...



nintendo's first switch streaming app launches thursday in japan




other than its still-in-development online gaming setup, the nintendo switch launched without the suite of video streaming apps we're used to seeing on new consoles. now there's an announcement of one video app for the switch that's scheduled to launch july 13th, but unfortunately, it's only for jap...



baidu under probe as ceo tests driverless car on public roads




tesla projected to win us electric-car racebusiness standardchina's baidu take a leading role in development of self-driving carsreuters  july 7, 2017 last updated at 04:06 isthttp://mybs.in/2uxdwsx



can big media make it online?




in august this year, disney announced it was moving out of netflix when its deal with the streaming service expires in 2019. in the same year the $55.63-billion media giant will launch its own streaming service offering marvel superheroes, star wars and other characters. earlier this year, in april ...



baidu wants to launch a self-driving bus in china next year




according to li, baidu is very serious about investing in autonomous vehicles. the company announced last week that it plans to start mass-producing l3 autonomous vehicles (where human intervention is conditional) in 2019 and l4 versions (where it's fully autonomous) in 2021. to to this, the company...



baidu to hit the road with self-driving bus




baidu chief executive robin li on tuesday said the chinese internet giant will have a self-driving bus on the road soon as it races for a lead in autonomous vehicles.



baidu will start autonomous driving tests in beijing




this green light comes on the heels of the first fatal accident involving a self-driving car in the united states. an uber vehicle using autonomous technology (but with a human operator in the car) struck and killed a pedestrian in tempe, az, earlier this month. that investigation is still ongoing, ...



music industry will hit $41 billion by 2030 according to new goldman sachs repor




the global recorded music industry will grow into a nearly $41 billion behemoth by 2030, thanks largely to the growth of streaming, according to goldman sachs analyst lisa yang and her team.the goldman sachs analyst further predicts that streaming will account for $34 billion of that, of which $28 b...



up likely to give rs 20 billion dole to sick government sugar mills




the yogi adityanath government in uttar pradesh is likely to invest almost rs 20 billion to revive government sector sugar mills. while, the government has already approved revival package of rs 7.15 billion for two up state sugar corporation limited (uppsscl) mills in gorakhpur and basti districts,...



the little fish vs1 is a smart speaker powered by china's alexa




we're being glib, but the little fish vs1 is actually quite a pleasure to play with. naturally, dueros resisted all my attempts to talk to in english, but my colleague was able to check out the (depressing) weather in new york by asking in mandarin. more importantly, a camera wedged into the bezel a...



streaming espn plus launches this spring for $4.99




as disney announced its quarterly earnings results today, ceo bob iger told cnbc that the company plans to price its standalone streaming version of espn at $4.99 per month. we've already heard that espn plus will include "10,000 live regional, national, and international games and events a year" in...



u.k. entertainment market posts 'historic' results, music generates strong gains




the u.k. music industry grew to £1.2 billion ($1.621 billion), a 9.6% increase over the nearly £1.1 billion ($1.48 billion) generated in 2016, according to interim data compiled by the entertainment retail assn., a trade association representing digital services and retailers that sell entertainme...