Baidu (BIDU) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Baidu (BIDU)

BIDU 119.50

+0.2%

Dec 17 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: Glenn Petersen	5/22/2018 2:29:34 PM
	of 2098

Baidu Loses a Key Executive Axios May 21, 2018 Baidu COO Lu Qi speaks at an AI conference in China last year. Photo: Liu Guanguan/CHINA NEWS SERVICE/VCG via Getty Images ----------------------------------------------- Lu Qi, an AI expert and former Microsoft executive, stepped down as COO of Chinese search company Baidu, Caixin reports (subscription required). Shares in Baidu fell 9.5% after the announcement, the sharpest drop in 3 years. Why it matters: Lu had been responsible for "Baidu’s transition to becoming an ‘All in AI’ company,” Credit Suisse analyst Thomas Chong wrote in a note cited by Caixin. The market reaction reflects the centrality of AI expertise in the valuation of global big tech companies, often concentrated in a single star scientist at the top. axios.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next