What's new

China Economy Forum

it is polite enough for what China gov. does, USA gov. punished Huawei for no reasons, no proofs for many many years so that the poor Huawei had to quit USA market.
 
. .
Baidu Inc: China's Most Visited Web Site Up 8000%

By Ivaylo Ivanhoff | Stock Markets | Jul 27, 2014 06:07AM GMT

Chinese search engine, Baidu Inc (NASDAQ:BIDU) crushed estimates again and its stock is trading at new all-time highs near $220 this morning.

BIDU IPO-ed in 2005 at $27 per share, which is 2.70 on a split-adjusted basis. They had a 10:1 split in 2010. It was considered the hottest IPO of the year. $BIDU gained 350% on its first trading day, finishing at $112.5 (12.25 split-adjusted).

pic621317ae07d6cb8e85416dba890b1d93.png

BIDU Annual Chart
Over the past decade, BIDU never looked cheap. It was trading at a high P/E multiple all-the way from 2.70 to 220. Don’t be afraid to pay up for high-growth stocks with great potential. In many cases, they are expensive for a reason. Over time, earnings could more than catch up with people’s expectations and justify high valuations.

This is exactly what happened with Baidu. In the quarter before its IPO, it earned $8 million. In its latest 2014 quarter, Baidu earned $571 million.

The market is a voting machine in the short-term and a weighing machine in the long-term. Valuation matters in the end only if earnings don’t catch up, you plan to hold forever and you don’t have an exit strategy. If price gets you in a trade or investment, price should get you out. If you don’t know why you are in the trade, you won’t know when to exit.

Code:
http://www.investing.com/analysis/baidu-inc:-china%27s-most-visited-web-site-up-8000-220700

The new Google? Baidu's big plans to bust out of China
China's biggest search engine is pushing at the boundaries of artificial intelligence – and self-driving bikes are just the beginning

IS BAIDU about to step it up a gear? Rumours have been circulating that the Chinese search engine is developing a bike that could drive itself through packed city streets. The project isn't ready to be launched yet but Baidu confirmed it is exploring the idea.

The news is intriguing, and not just because self-navigating bikes would be cool. Research into autonomous vehicles is yet another way that Baidu is following Google's model of pushing at the boundaries of artificial intelligence.

Baidu is the biggest search engine in China, beating Google as well as local competitors like Sogou and 360. It offers an array of other services, including a collaborative encyclopedia, an automated newsfeed and street-view-enhanced maps. All bear similarities to big Western brands. And now Baidu is setting its sights overseas: last week it started operating in Brazil.

Meanwhile, the company has spent the past few years investigating artificial intelligence. Last year, for example, Baidu's labs unveiled a visual search engine powered by neural networks, a computational model that is styled loosely on the human brain.

In May, Baidu hired computer scientist Andrew Ng to head up a new AI lab in Silicon Valley. Ng is known for founding Google Brain, a research project that harnesses huge clusters of computers to do machine learning. Now, Baidu wants to use similar techniques to improve speech recognition, computer vision and natural-language processing.

"Advanced artificial intelligence technology is the force that powers the internet," Ng says. The research team at Baidu can be the "future heroes of deep learning", he claims.

Ng even says Baidu could give Google a run for its money. Artificial intelligence researchers need a lot of data to play with, and there are only a few companies out there with enough. Baidu is one of them. Over the coming months, its AI lab plans to build the world's largest cluster of GPUs, a type of processor that has proved useful for machine-learning tasks. With a more powerful machine they think they will be able to solve tougher problems.


Baidu also wants to train its systems to work with untagged data. Most big AI successes have come from working with information that has already been identified by humans – for example, pictures that are labelled with "cat", "car", or "baby". But people don't need tags, we learn by experiencing the world for ourselves. Baidu wants to develop AI that can do the same.

With these projects, Baidu is hoping to help computers better understand spoken
artx_video.gif
and written language and make it easier to dictate emails to your phone or ask it verbally for directions.

Ng says that many comparisons with Google are oversimplifications. "The China internet ecosystem is completely different from the US one," he says. China has nearly twice as many web users as the US and is the country with most cellphones per person.

There are signs Baidu wants to launch in Indonesia and north Africa, says Min Jiang of the University of North Carolina in Charlotte, but it remains to be seen how it will fare. "So far, Baidu has been really successful only inside China," she says.

Code:
http://www.newscientist.com/article/mg22329794.200-the-new-google-baidus-big-plans-to-bust-out-of-china.html

Chinese search provider Baidu follows Google with a 'highly autonomous car' of its own
By Dante D'Orazio on July 27, 2014 05:24


Chinese search engine Baidu is widely known as "the Google of China," and it looks like the company plans to go toe-to-toe against Google with a self-driving car of its own. According to statements attributed to Kai Yu, a deputy director of a Baidu research group focused on machine learning, the company is working on "a highly autonomous car." Yu tells The Next Web that it's "an intelligent assistant collecting data from road situations and then operating locally," adding, "We don’t call this a driverless car."

"It's like riding on a horse."

Yu continues to explain that the car is designed to give freedom to the driver. "Freedom means the car is intelligent enough to operate by itself, like a horse, and make decisions under different road situations... Whenever the driver wants to resume control, you can do that. It’s like riding on a horse, rather than just sitting in a car where you only have a button."

The Next Web reports that the prototype vehicle will have a steering wheel and pedals for direct control, unlike Google's most recent autonomous vehicles. While there's little information to go off of, it sounds like the system being designed by Baidu will be an advanced version of systems already in the works from car companies, like Audi's "Piloted Driving." We'll know more when a prototype vehicle is completed sometime next year.

Code:
http://www.theverge.com/2014/7/27/5940521/baidu-working-on-highly-autonomous-car
 
Last edited:
.
Sure.
China government banned Google.com, 1.3bil Chinese only left baidu.com.
 
. .
Sure.
China government banned Google.com, 1.3bil Chinese only left baidu.com.

not really. google never had big market share in china before they left. google already small market share was dropping year on year eaten by other smaller chinese search engines like 360 and sogou. they were already on their way out at the time. lol
after they left, 360 took all what's left of theirs. baidu doesn't gain anything. baidu is actually losing a tiny bit of their big share to 360. google has superior english search algorithm, but their chinese search sucks. most of their users are expats and few educated people who knows english language well. their numbers are not big compare to overall chinese netizens.
baidu got the biggest share in china before google left and still do. baidu is better in chinese language search. yes. i know censorship sucks....
news flash ~ google market share is also insignificant in japan and korea. lol. they should stop making publicity stunts/excuses to ill-informed people to save face. just admit that their search services are just no good for east asian market. :lol:
 
Last edited:
.
ha, cause and effect.

Chinese search leader Baidu and Rakuten, Japan’s largest e-commerce player, have announced an agreement to jointly invest US$50 million over three years in a joint venture to build a huge online ‘B2B2C’ shopping mall for Chinese Internet users.

Under the terms of the agreement, Rakuten will become majority shareholder of the new, yet to be named joint venture (51%) with Baidu owning the remaining 49%.

:cuckoo:

Baidu And Japan's Rakuten To Invest $50 Million In Giant Online Shopping Mall | TechCrunch
 
. .
Chinese search leader Baidu and Rakuten, Japan’s largest e-commerce player, have announced an agreement to jointly invest US$50 million over three years in a joint venture to build a huge online ‘B2B2C’ shopping mall for Chinese Internet users.

Under the terms of the agreement, Rakuten will become majority shareholder of the new, yet to be named joint venture (51%) with Baidu owning the remaining 49%.

:cuckoo:

Baidu And Japan's Rakuten To Invest $50 Million In Giant Online Shopping Mall | TechCrunch

Woot Woot!
 
. . .
Sick website...Automatically some spyware get downloaded from **** site & make it homepage..Sick Chinese sh!t!!:no:
 
. . .
.

Pakistan Defence Latest Posts

Back
Top Bottom