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Baidu Inc

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  • NEW YORK, Jan 29- Alibaba Group's surprise revenue miss sent shares plunging on Thursday, but some investors say their enthusiasm for the Chinese e-commerce giant has not cooled given its long-term potential. Alibaba shares fell 8.8 percent on Thursday to close at $89.81, sending the stock below its Sept. 19 first-day opening price of $92.70, after reporting...

  • Jan 29- Harman International Industries Inc, maker of JBL and Harman Kardon audio systems, reported a better-than-expected profit and revenue as increasing auto sales led to strong demand for the company's car infotainment products. The company on Thursday also announced a deal with Chinese search engine Baidu Inc to launch a networking service, called...

  • BEIJING— For years, Alibaba faced complaints it failed to stamp out sales of counterfeit goods on its e-commerce websites. Given the company's expanding role in China's state-dominated economy, "It's not a surprise that Alibaba finds itself under the spotlight in much the same way that many foreign firms have," said analyst Ben Cavender of the China Market...

  • The star of "Shaolin Soccer" and "Red Cliff" and Huang Youlong, her husband, paid more than HK $3 billion for 9.18 percent of Alibaba Pictures Group Ltd, according to Hong Kong stock exchange filings. This month, Alibaba Pictures unveiled its first movie project under its new ownership, a romance to be produced by acclaimed Hong Kong director Wong Kar- wai.

  • BEIJING/ LOS ANGELES, Jan 21- As Netflix Inc tackles stalling U.S. growth, the online video pioneer known for hit political drama " House of Cards" plans a play for China that may see it lock horns with potent domestic firms that rule the world's biggest Internet market. Hastings told investors Netflix would start with a "modest" move in China centered around its...

  • BEIJING/ SHANGHAI, Jan 21- Alibaba and Tencent spent more than $8 billion last year alone backing often strikingly similar ventures, as the Chinese Internet giants race to create online one-stop-shops to win the digital loyalty of a tenth of the world's population. Before China became the biggest smartphone market, there was little overlap between the...

  • *Softbank, Alibaba, Tiger Global invest $600 mln in Kuaidi Dache. TOKYO, Jan 15- Japan's SoftBank Corp said it and other firms including Chinese e-commerce giant Alibaba Group Holding Ltd had invested about 70 billion yen into Travice Inc, the operator of Chinese taxi hailing app Kuaidi Dache. Alibaba already holds an undisclosed stake in Kuaidi, one of two local...

  • SAN FRANCISCO, Dec 29- Yuri Milner, the billionaire Russian who holds the largest outside stake in Chinese handset maker Xiaomi, said he expects to invest more evenly between the United States and China in 2015.. In recent years, the investments by his DST Global funds have skewed toward China, including DST's participation this month in a $1.1 billion funding...

  • *Taiwan seeks to block access to Uber. TAIPEI/ SHANGHAI, Dec 22- Uber Technologies Inc is under fire in Taiwan and the Chinese mainland mega city Chongqing over concerns that it and its drivers are not appropriately licenced, adding to a string of official complaints aimed at the fast-growing U.S. start-up. But an investigation in Chongqing- a city with a third more...

  • TAIPEI, Dec 22- Taiwan's transport ministry said Uber Technologies Inc is operating a taxi-hailing service "in violation of the law," and that it is investigating the possibility of blocking access to the U.S. company's website and mobile app. Ministry of Transportation and Communications Deputy Director Liang Guo Guo said on Monday that Uber only possesses a...

  • BEIJING/ SHANGHAI, Dec 17- Deep-pocketed Chinese rivals and tough regulators stand in the way of U.S. car-hailing service Uber's plans to conquer one of the world's biggest transportation markets, even after it signed a tieup with domestic internet giant Baidu Inc.. "You have to do things differently in order to succeed here in China," Uber Chief Executive Travis...

  • BEIJING, Dec 17- Chinese Internet giant Baidu Inc agreed to buy a stake in Uber as the online car-hailing service seeks to gain ground on rivals with powerful backers in one of the world's biggest transportation markets. Baidu is the latest big-name investor, joining the likes of Goldman Sachs and Google Inc, to place a bet on the fast-growing transportation...

  • BEIJING, Dec 17- Chinese Internet giant Baidu Inc confirmed on Wednesday it is buying a stake in fast-growing international car-hailing service Uber as the pair chase growth in one of the world's largest transportation markets. The companies didn't disclose how big a stake Baidu is taking, nor how much it is paying for the investment, announced jointly in...

  • China's Baidu to invest in taxi-hailing app Uber Friday, 12 Dec 2014 | 4:14 AM ET

    BEIJING, Dec 12- Search engine Baidu Inc will invest in taxi-hailing app maker Uber Technologies Inc, a person familiar with the matter said on Friday, becoming the latest Chinese Internet firm to take an interest in the flourishing market for transportation apps. The size of Baidu's investment- and its valuation of Uber- are unknown, but the Chinese firm has...

  • JERUSALEM, Dec 7- China's dominant search engine Baidu Inc has made its first venture into Israel's booming start-up sector, investing $3 million in video capture firm Pixellot. Pixellot developed a system of unmanned cameras that it says can cover the entire field or court at a sporting event and automate video production for both professional broadcasters...

  • Tencent-HBO tie-up to test China censors Tuesday, 25 Nov 2014 | 6:54 PM ET
    Game of Thrones actress Hannah Murray

    Chinese Internet firm Tencent Holdings is partnering with Time Warner Inc's HBO network to stream its TV shows, which may draw scrutiny from the country's authorities.

  • BEIJING, Nov 25- Chinese Internet firm Tencent Holdings Ltd is partnering with Time Warner Inc's HBO network to stream its TV shows, which are known for their provocative content and may draw scrutiny from the country's authorities. Tencent will be the exclusive online provider of HBO series such as "Game of Thrones"- which features gore, nudity, and incest- "True...

  • Alibaba wows market with US$8bn debut dollar bond Thursday, 20 Nov 2014 | 5:14 PM ET

    NEW YORK, Nov 20- Alibaba wowed the markets Thursday with its ground-breaking US $8 bn debut dollar bond, pricing it at levels in line with and even tighter than some of the world's best-known companies. Alibaba priced US $1 bn 1.625% three-year fixed-rate notes at T +70 bp; a US $300 m three-year floater at 3 mL +52 bp; US $2.25 bn of 2.5% fives at T +95 bp; US $1.5 bn of...

  • SAN FRANCISCO, Nov 19- Yahoo Inc struck a deal with Firefox maker Mozilla Corp to replace Google Inc as the default search engine on the Firefox Web browser in the United States, a move that Yahoo Chief Executive Marissa Mayer said will help boost its flagging search market share. The deal between the two companies will start in December and is set to last five years,...

  • UPDATE 1- Alibaba will sell debut bond on Thursday Wednesday, 19 Nov 2014 | 3:12 PM ET

    NEW YORK, Nov 19- Chinese e-commerce giant Alibaba will sell its first-ever bond on Thursday, a jumbo trade expected to be around US $8 bn in size that comes just two months after the company's record IPO. Alibaba, which has been sounding out investors this week in Asia, Europe and the US for what will be one of the most sought-after trades of the year, announced the deal...