Baidu Stock News

Baidu granted service permit for Beijing''s newly-launched pilot zone for autonomous driving commercial services, the first such zone in China BEIJING , Nov. 25, 2021 /PRNewswire/ -- Baidu received the approval for commercial operation of its autonomous car service in Beijing on Thursday , as the company''s Apollo Go, known as Luobo Kuaipao in China , was authorized to provide paid service in China''s first-ever demonstration zone for commercial autonomous driving. With the service''s first-ever commercial deployment on open roads, Apollo Go marks a further step in its accelerating progress towards large-scale commercial operation. The autonomous vehicle commercial permit granted by the head office of the Beijing High-level Automated Driving Demonstration Area (BJHAD) today allows Baidu to charge fees for autonomous services offered to the public in a designated area . Baidu was among the first service providers to receive such authorization. The issuing of the permits signifies that the development of autonomous driving in China has completed the testing stage to begin wider commercial exploration.

Baidu can start collecting robotaxi fares in a part of The post Baidu kicks off its robotaxi business in Beijing appeared first on PageOne .

Chinese tech giant Baidu said it received approval for collecting robotaxi fares in a part of Beijing, a major step toward building a driverless taxi business.

Chinese tech giant Baidu said it received approval for collecting robotaxi fares in a part of Beijing, a major step toward building a driverless taxi business.

The trading price of Baidu Inc. (NASDAQ:BIDU) floating higher at last check on Wednesday, November 24, closing at $150.83, 0.23% higher than its previous close. >> 7 Top Picks for the Post-Pandemic Economy

Beacon Financial Group increased its position in shares of Baidu, Inc. (NASDAQ:BIDU) by 4.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,217 shares of the information services providers stock after acquiring an additional 97 shares during the quarter. Beacon Financial Groups []

Comerica Bank boosted its holdings in Baidu, Inc. (NASDAQ:BIDU) by 2.6% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 20,346 shares of the information services providers stock after purchasing an additional 518 shares during the quarter. Comerica Banks holdings in Baidu were worth $2,794,000 []

In preparation for the Olympics, Chinese tech giant Baidu rolled out Wednesday a sign language virtual host in partnership with Chinese state broadcaster CCTV. The digital female host is intended to translate events during the 16-day Winter Olympic Games slated to start on February 4, 2022. The virtual figure is supported by Baidus digital star operating platform, which adopts technologies such as speech recognition and natural language processing. [ Xinmin Evening News, in Chinese ]

Chinese regulators extend their antitrust crackdown to the banking sector with a fine against shareholders of a virtual lender. The shareholders of Chinese virtual lender AliBank China Citic Bank (70 percent) and a Baidu unit called Fujian Baidu Bo Rui Netcom (30 percent) have been fined 500,000 yuan ($78,280) over a violation of the countrys anti-monopoly law, according to a statement from the State Administration for Market Regulation (SAMR). SAMR issued the fine over the failure to report the AiBank joint venture ahead of its formation in 2015. The penalty was part of a broader batch of more than 40 cases with fines issued to other tech firms outside of the banking sector such as JD.com, Tencent, Baidu, ByteDance and Alibaba. Digital Banking in China AiBank is an artificial intelligence-focused lender that leverages related capabilities from search engine giant Baidu. It is one of five licensed digital banks in China and the only one with a state-backed shareholder in Citic. According to research by McKinsey released in January, Chinese digital banks own roughly 5 percent of the countrys 5 trillion yuan unsecured consumer loan market and over 7 percent of the SME loan market.

China’s industry ministry on Tuesday said its cyberspace administration and… The post China orders Alibaba and Baidu’s cloud units to better prevent telecoms fraud appeared first on PageOne .

China's cyberspace administration and police have summoned the cloud units of Alibaba Group Holding Ltd (NYSE: BABA) and Baidu Inc (NASDAQ: BIDU) for better telecom fraud prevention policies, Reu

Baidu (BIDU) has achieved a significant milestone as it seeks to leverage computational biology strengths in enhancing mRNA vaccine and therapy designs. The The post Baidu Partners with Sanofi on Vaccine Development appeared first on Smarter Analyst .

Key Prominent Players Covered in the Autonomous Cars Market are Autoliv Inc., Aptiv, Waymo LLC, Robert Bosch GmbH, Daimler AG, Baidu, AutoX, Inc., Pony.ai, Ford Motor Company, HYUNDAI MOTOR GROUP, Volvo and Others Key Prominent Players Covered in the Autonomous Cars Market are Autoliv Inc., Aptiv, Waymo LLC, Robert Bosch GmbH, Daimler AG, Baidu, AutoX, Inc., Pony.ai, Ford Motor Company, HYUNDAI MOTOR GROUP, Volvo and Others

China's industry ministry on Tuesday said its cyberspace administration and police had summoned the cloud units of Alibaba and Baidu Inc to urge them to better prevent telecom network fraud.