A U.S. judge has revisited a censorship lawsuit by pro-democracy activists against Baidu and China, even after China invoked its authority as a sovereign nation to block the case.» Read More
SAN FRANCISCO, June 17- Ebay Inc will become the first foreign company to secure a financial payments license in China, CEO John Donahoe predicted, but the retailer is refraining from competing in the more aggressive and local-dominated retail sales sector.
District Judge Jesse Furman in Manhattan said the activists were entitled to serve their lawsuit on Baidu's lawyer in New York, without infringing China's sovereign protections.
NEW YORK/ HONG KONG, May 2- Where there's an investing niche, there's probably an exchange-traded fund that exploits it. Almost all U.S.-listed ETFs focusing on Chinese stocks are confined to the Hong Kong- listed H-shares represented in global equity indexes or companies such as technology giants Baidu and Sina Corp that trade on U.S. exchanges.
*Baidu Q1 net profit misses target, shares sink after-hours. April 25- Baidu Inc, China's largest search engine, will increase marketing expenditures for the rest of the year to counter competition from rival Qihoo 360 Technology, which may further put the brakes on profit growth.
Sooner or later, Alibaba's founder, Jack Ma, will need to offer some kind of exit for his backers, not to mention employees, and an initial public offering is the most likely solution
Shao Jiong, Regional Head of Internet & Chief China Strategist at Macquarie tells CNBC's Cash Flow why he loves Baidu and picks his favourite Chinese internet stocks.
Check out which companies are making headlines after the bell Thursday:
SAN FRANCISCO, April 25- Baidu Inc, China's largest search engine, posted its slowest profit growth in more than four years, missing Wall Street targets as higher traffic acquisition costs ate into profit margins and the company consolidated results from its money-losing online video unit.
Stocks closed off their best levels Thursday, but the S&P and Nasdaq still managed to finish higher for the fifth-straight session as investors cheered a batch of better-than-expected earnings and an upbeat jobless claims report.
Insight on the biggest names reporting after the bell, including Starbucks, with CNBC's Herb Greenberg and Fast Money's Dr. J.
Take a look at some of Thursday's midday movers:
U.S. stock index futures were higher Thursday, lifted by a batch of better-than-expected earnings and after an upbeat jobless claims report.
A fake press release Monday announced that Chinese search company Baidu had offered to acquire social-gaming company Zynga.
April 22- Chinese search engine firm Baidu Inc rejected as fake a press release issued on Monday that said it was to buy U.S. social gaming company Zynga Inc. Zynga shares jumped 4 percent in heavy premarket trading after the press release, on website www.prurgent.com, said Baidu would offer $10 per share for the company.
Chinese entrepreneurs are taking fewer cues from Silicon valley as they develop their own indigenous businesses.
It's make-or-break time for the first-quarter earnings season, and it comes just as the stock market is showing signs of strain.
The pros know that once a stock starts to break past resistance levels, it can easily trend significantly higher. TheStreet.com looks at five stocks.
Venture firms Andreessen Horowitz, Google Ventures, and Kleiner Perkins Caufield & Byers are teaming up to provide funding for startups working with Google Glass.
Technology is the top performing sector this week, and some Wall Street strategists argue the sector will continue grinding higher from here.
SAN FRANCISCO, April 10- Venture firms Andreessen Horowitz, Google Ventures, and Kleiner Perkins Caufield& Byers are teaming up to provide funding for startups working with Google Glass, the hybrid eyeglasses and smartphone developed by Google.