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.
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.
U.S. stock index futures were higher Thursday, lifted by a batch of better-than-expected earnings and after an upbeat jobless claims report.
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.
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.
No reason has been given yet for the departure of founder and executive chairman George Zimmer, reports CNBC's Courtney Reagan. Zimmer has long been the face of the company.
Wednesday, 19 Jun 2013 | 10:52 AM ETCNBC's Rick Santelli, explains why he hears 'crickets" when he asks questions about Fed Chairman Bernanke's policies. "Enough is enough," he rants.
Wednesday, 19 Jun 2013 | 11:36 AM ETAre reporters lobbing "softball" questions at the Fed chairman? CNBC's Rick Santelli and the Wall Street Journal's Jon Hilsenrath, debate whether the economy continues to need quantitative easing. I'm trying to inform the public about what the Fed is up to, says Hilsenrath.