Ranking actually based on investor eagerness
Apple has placed just 79th on a new Forbes list of the world's 100 most innovative companies. Entries are actually ranked on an "innovation premium," which reflects how much investors have increased the share price of a company over the value of its existing business, on the assumption that the firm has profitable new products, services, and markets in development. Corporations can also only make the list if they have a $10 billion market cap, a 2.5 percent research and development budget, and at least seven years of public data.
April Fools Day joke flushes out possible future Baidu product
Baidu is looking at possibly creating its own version of Google Glass. Following an April Fools' Day joke that apparently showed the company producing a head-mounted display with a number of similar features to Google's product, the Chinese search company has confirmed it is working on its own smart glasses, but only as a small-scale internal test for feasibility.
Baidu buys Providence Equity's share of video streaming site
Chinese Internet search giant Baidu announced last week that it had reached an agreement with Providence Equity Partners to purchase the equity firm's share of video streaming site iQiyi. The search company's announcement did not disclose the financial details of the deal. The acquisition of Providence's stake in iQiyi will give Baidu a substantial majority stake in the company.
Net income up 70 percent
Baidu, leader in the Chinese Internet search sector, reported profits for the second quarter that exceeded analysts' predictions, causing shares in the company to jump on the news. Baidu credited its ability to bring in new customers as the reason it outperformed expectations. As the Associated Press recounts, the search company expects its profits to continue growing at a considerable pace.
Deal similiar to one signed with Android phone makers, says Baidu VP
Chinese web search company Baidu will share some of its advertising revenue with Apple as a part of the deal to be featured in iOS, according to Baidu VP Wang Jing. While Baidu will only be another option for iOS search in China -- Google will remain the default -- Baidu currently handles 80 percent of Chinese web searches, and Wang says that the company is willing to cope with expenses in order to get smartphone users, for instance by offering free services like music streaming.
Deal could be revealed next week at WWDC 2012
Apple is indeed planning to add Baidu as a search option for Chinese iOS users, according to two Bloomberg sources. The people say that a deal could be announced as soon as next week, when Apple is also hosting WWDC 2012 in San Francisco. A keynote presentation is scheduled for June 11th.
Apple tipped to include Baidu search in iOS for China
A report from China’s Sina Tech has tipped that Apple will integrate Baidu as a search engine in iOS for the Chinese iPhone. Baidu is the leading search engine in China with a massive 83.6 percent share of the market. The pairing is seen as mutually beneficial with Baidu gaining exposure on the smartphone platform with the most active on China’s mobile web, while its inclusion will be an additional selling point for the iPhone in China.
Baidu Cloud to sit atop all mobile platforms
Fresh off the announcement of its new mobile phone, Chinese search company Baidu has told TechCrunch that it has big plans the Baidu Cloud Smart Terminal system that runs its new phone. Baidu wants to see Baidu Cloud make an appearance on all major mobile operating systems, including Windows Phone and iOS.
China's search giant rolls out first smartphone
Chinese search giant Baidu has released its first smartphone, as it was rumored to be preparing to do last week. The Changhong H5018 is built by Foxconn and is powered by Baidu's own mobile platform, Baidu Cloud.
Baidu to name hardware partners for new Baidu Cloud OS next week
Chinese software giant Baidu, which also runs the country's largest search engine, will reveal a new smartphone partner next week, according to a recent report. The phone will run on Baidu's OS, likely to be called Baidu Cloud. The company has previously partnered with Dell to launch a phone running on the current OS, called Baidu Yi.
Apple seen custom-tailoring products for region
Apple is planning to integrate Baidu web search into iOS, according to sources for Sina Technology. Baidu is an extremely popular search engine in China, but iOS currently defaults to Google, with Bing and Yahoo as secondary options. Sina suggests that Baidu support will begin in April, at least in the Chinese market. If true, the change should require an iOS firmware update.
Dell, Baidu partner on mobile devices
Dell is to partner with Baidu to develop tablets and mobile phones aimed at cracking the burgeoning Chinese mobile devices market, according to a report. With a mobile phone subscriber base in excess of 900 million users, and one of the fastest growing tablet markets in the world, the move may be a way of rekindling Dell's flagging mobile devices business.
Will offer apps for its Android-based Baidu YI OS
Baidu, China's largest search provider is opening an online app store. The company hopes to encourage Chinese developers to create new content for Android phones and for phones running its new Baidu Yi OS, which the company can then distribute. The Yi OS, which Baidu officially announced at Baidu World earlier today, is based on Google's platform.
Baidu reaches agreement on music royalties
Baidu has finally struck a deal with music labels in a move that should stem criticism that it has fostered illegal file sharing. The deal, signed with One-Stop China, a joint venture of Universal Music, Warner Music and Sony Music, allows for streaming and even downloading of music from Baidu’s servers. The new deal follows a recent arrangement the Chinese internet search giant made helping to ensure that artists received income for music distributed through its site.
China's Alibaba may be planning own mobile OS
Alibaba, best known for its e-commerce sites, is now working on developing its own cell phone operating system, an anonymous source close to the matter told the Wall Street Journal on Monday. The software will offer cloud-based services, unlike current popular operating systems such as Apple's iOS and Google's Android, which requires users to download apps. This will mean users of the Alibaba software are even more reliant on Internet access and subscriptions.
“Great Firewall of China” leads to lawsuit
Chinese Internet search giant Baidu has been sued in the US by a group of free speech advocates for censoring Chinese freedom of speech websites. The group of eight New York residents has also included the Chinese government in its complaint. The group claims that as the Baidu site can be utilized in the US, that it violates the US Constitution by reportedly colluding with the Chinese government to omit search results.
Court rules against Chinese search engine
Shanghai Daily reported that the Luwan District People's Court in Shanghai ruled Wednesday that Baidu, China's largest search engine, had infringed upon Qidian's copyrights. The court ordered Baidu pay the popular Chinese literary website 550,000 yuan ($84,600 USD) in compensation. Baidu said it would appeal the ruling.
Apple pips Google in brand value study
Apple achieved a symbolic win over Google late Sunday by passing its rival for the top spot in Millward Brown's 2011 BrandZ study. The swap represented the end to a four-year reign by Google, which slipped to second place. Apple won a brand value of $153 billion by managing to up the price of its mobile devices with the iPad but stoking demand the way a luxury brand might.
China to hit Baidu and 13 others for pirated music
The Chinese Ministry of Culture on Monday planned to 'punish' Baidu and 13 other websites for offering illegal copies of music. The group had allegedly ignored or failed to properly curb bootleg song downloads. Baidu said it had obeyed previous warnings and would react accordingly to any new requests.
Baidu to use ad revenue to compensate musos
China search engine provider Baidu has made has signed a deal that with the music industry after years of tension over the way its site handles music searches. Baidu’s music search service delivers results for illegal music downloads as well as allows users to stream music through its website. According to the Wall Street Journal [sub. req.], it has now agreed to pay songwriters who belong to the Music Copyright Society of China when users download or stream their songs using Baidu’s search engine.
Will compete with Google Chrome
Leading Chinese search company Baidu plans to develop a lightweight operating system for smartphones and tablet computers, according to CEO Robin Li. The goal is a simple, search-capable interface available within one second of powerup. Li calls the system "box computing." Li said the box interface would not be released until Baidu had developed a wide range of uses for it, such as online video and social media.
Moto SHOP4APPS works around Android Market
Motorola today took the unusual step of opening its own mobile app store just for China. The SHOP4APPS store will give Motorola's Android-based phones in the country, like the XT800, a central place to get apps beyond Android Market. It can be customized by the carrier and will let them offer exclusives or region-specific apps; like Google's own store, it will remember purchases and allow re-downloads if the buyer switches phones.
Baidu to work with labels
The most popular search engine in China, Baidu, is mulling sharing its ad revenue from the music search service it offers or otherwise compensating record labels. This comes after competitor Google began offering a licensed music download search earlier this year in the market. For years, Baidu drew flak for copyright infringement and linking websites that offer downloads of pirated songs, but the practice did attract a record number of users.
Google China Music Deal
Google is crafting a deal that would allow free, official music downloads in China, says a report today by the Wall Street Journal. Claiming only to know sources "close to the situation," the paper states that a Chinese online music agency is involved in a joint venture with Google's Chinese branch Guge to offer music from three major international labels as well as a larger collection of independents. How the service will remain free is unknown, although past approaches have often relied on advertising either through a download website or embedded in the tracks themselves to subsidize the song prices.
Google Wins Vs Gu Ge
Google has won a lawsuit in China that could have significantly affected its success in the country, Pacific Epoch reports. The American search engine firm had been sued by Beijing firm Gu Ge Technology for using the words "Gu Ge" to represent itself in China; by registering its name first in late April 2006, GGT had the exclusive rights to use the name for its online retail store, the complaint reads. The presiding judge has stricken own this argument and ruled in favor of Google, noting that actual use of the Gu Ge name by Google started a week earlier -- indicating that Google could not have knowingly infringed on another company's patent, according to the court.