Baidu, China’s answer to Google, reports first quarterly loss since 2005

03:08 17.05.2019
Baidu, widely seen as the Google of China, felt the heat from its spending on artificial intelligence and other next-gen technologies that have yet to reach the mass market as it unveiled troubled first-quarter financials on Thursday. The company logged a net loss attributable to shareholders of $49 million in the quarter ended March 31, […]...
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