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Tuesday, February 11, 2025

Met detective who featured...

David Fall, who appeared in a BBC documentary in 2017, harassed or...

‘Hawk Tuah’ meme girl’s...

Haliey Welch, widely recognized as the viral ‘Hawk Tuah’ girl,...

AI-powered interview tool to...

IT solutions provider Riktam Group has launched Artificial Intelligence-powered ZinterviewAI, a product...
HomeChinaBaidu posts Q2...

Baidu posts Q2 revenue of $4.7 billion, sees 15% year-on-year growth · TechNode


In the second quarter of 2023, Chinese search giant Baidu achieved a revenue of RMB 34.1 billion ($4.7 billion), marking a 15% year-on-year growth, according to the company’s financial results released on August 22. Additionally, the net income attributable to Baidu (non-GAAP) reached RMB 8 billion ($1.1 billion), reflecting a 44% year-on-year increase. Both revenue and profit surpassed market expectations. Baidu’s online marketing business saw a 15% year-on-year increase, with its revenue reaching RMB 19.6 billion ($2.7 billion) in the second quarter, becoming the main driver of the company’s recovery. During the company’s earnings call, Baidu CEO Robin Li highlighted that in the second quarter, the company’s AI cloud business achieved consecutive quarters of profitability (non-GAAP), and experienced a 5% year-on-year growth, reaching RMB 4.5 billion ($618 million) in revenue. “As we look ahead, we remain steadfast in investing in AI, in particular, large language models and generative AI in the upcoming quarters,” Baidu CFO Rong Luo stated during the company’s earnings call. [Baidu filing]

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Met detective who featured in BBC documentary found to have abused seven partners

David Fall, who appeared in a BBC documentary in 2017, harassed or abused seven former partners, a misconduct panel found

‘Hawk Tuah’ meme girl’s boyfriend calls her out over money lost in $HAWK crypto flop: ‘I wish I had my $300 back…’ | –...

Haliey Welch, widely recognized as the viral ‘Hawk Tuah’ girl, has finally addressed the public after weeks of silence following the collapse of her cryptocurrency venture, the $HAWK token. Welch first rose to internet fame in...