It looks like Chinese search engine Baidu is building a ‘Baidu Eye’ to compete with Google Glass.
Editor's Pick Xu Xiaoping, one of China’s most prominent angel investors, doesn’t think China will be able to produce its own equivalent of Steve Jobs or Bill Gates in this generation.
Japan’s DeNA is bent on being a global powerhouse in social games on mobile platforms. Today, the company announced it will put its Mobage mobile gaming social network on Baidu-Yi smartphones in China.
Leaders of 10 top Chinese tech firms, including Alibaba CEO Jack Ma (pictured), have pledged to uphold the censorship and surveillance goals of the Chinese government.
Guest Post High-value financings for venture-backed private internet and digital media companies seem to be happening at a rapid pace. Dropbox, Tumblr, AirBnB, Foursquare, and Spotify have all raked in big fundings and attained record valuations in recent months. Meanwhile, public investors are decidedly less sanguine. The Nasdaq Composite index is flat for the year – and the average internet and digital media company is down 50% from 52-week highs.
Guest Post China Central Television’s recent attacks on Baidu (Nasdaq: BIDU) may lead to new regulations that force China’s largest search engine to separate paid advertising from organic search results more clearly.
Guest Post Tudou Holdings Limited, a leading online video company in China, ended its initial public offering saga this week, limping onto Nasdaq (under the symbol TUDO) at a price equal to 16 times revenues in the 12 months through March 31. That valuation is about half the 31 times revenue rival Youku.com Inc. (NYSE: YOKU) received in its December 2010 initial public offering.
Chinese search giant Baidu announced on Monday that it would add English results from Microsoft’s search engine, Bing, to its own search engine.