Kentucky Fried Chicken, in partnership with Baidu which is considered China's Google, started creating a tech-infused smart restaurant. Its ordering kiosks, powered with facial recognition technology, scans the face of the customers and examine information like age, gender and mood in order to come up with a meal recommendation.
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CEO Jenny Wu is putting Ctrip on the spotlight again as it ties up with Baidu.
BMW and Baidu are both moving on separate ways as they ended their research and business ventures for greater horizons.
Baidu sees that internet is the best help for the company to succeed. It is now investing $3M Investment.
As a response to China’s new anti-terror law, 25 tech companies in the country have signed a pledge to help the government combat online terror activities. Under the law, tech companies are required to decrypt information for Beijing and provide assistance to keep the internet from terror-related contents.
Ele.me secured a $1.25 billion investment from Alibaba and its finance business unit Ant Financial. China’s O2O business market are now booming as most Chinese consumers are using smartphones to do their daily activities.
The market share of Nippon Ceramic's 92 cents sensor increased amid the growing interest in the autonomous driving sector. Automakers like Ford Motor and Toyota Motor along with technology companies like Google, Alphabet, and Baidu intend to unveil robot cars within the next five years.
The technology start-ups in India are looking for investments from Chinese companies like Cheetah Mobile. The booming Indian technology sector is attracting many tech companies in China to invest in these Indian techs start-up firms.
The statement came from Baidu's senior vice president Wang Jing. He believes that Baidu has some advantage over other car makers, especially local knowledge. The company has already invested a lot in the development of AI, that could help the development of autonomous cars.
The company is accused of commercialization in the form of selling its forum's management and altering search results to show paying-websites. Last year, Baidu also faced punishment over pornography and violations of publishing regulations.
The top online search engine already had the initial discussions with the three Indian startups. Baidu seeks to expand to India due to growing online population and internet user.
If you haven't heard of it, Alibaba is a Chinese e-commerce company that started as a e-marketplace and now has grown to offer other services like electronic payment and cloud computing. They've become one of the biggest companies in China and now, they have even more money to expand with possibly $38 billion available for deals next year.
Samsung has taken a decision a take an alternative business of automobile. The reason behind this is the declining profit generated from its Samsung handsets.
The rising costs of labor and infrastructure are paving the way for more opportunities being created via the internet. The online-based ventures are growing up in China and also enhancing the efficiency of the traditional enterprises as well. Mobile internet is changing the way consumer market behaves in the world's second-largest economy. Initially, the technology innovation doesn't happen in a consumer market, but it takes place in the enterprise segment. The consolidation is very slow in the traditional Chinese business when compared to the western part of the world.
The contest for Nokia's (NOK1V.HE) maps business has become a three-way race between German carmakers, a consortium including Uber and Baidu, and a third group including China's Tencent and Navinfo, people familiar with the process said.
