Baidu's Ernie AI Chatbot Demo Fails to Impress Investors, Shares Drop

On Thursday, Baidu’s stock plunged by up to 10% when the company unveiled only a pre-recorded video of its AI chatbot Ernie in the first public launch of China’s versio...

Takeaways from Dara Khosrowshahi's Interview at the Code Technology Conference

Solving the governance challenges in Uber was Dara Khosrowshahi’s top priority when he took over the company as CEO in August last year, according to his statement in an intervie...

Making Alibaba.Com Private to Withstand Pressures

The publicly traded Chinese internet giant Alibaba.com Ltd. would be made private in a US$2.3 billion deal to shore up the business-to-business portal by Alibaba Group Holding Ltd....

Tesla Announces Austin, Texas as its choice for Cybertruck Factory

Tesla, Inc. announced the location of its next US Gigafactory at a press conference after declaring the second quarter results of Tesla, putting to rest all speculations about the ...

New Sony PlayStation 4 With Great Features To Be Launched On Nov 15

In a press conference at the Gamescom event in Germany, Sony announced the launch of New PS4 in North America on November 15, and Nov. 29 in Europe. Sony had previously said the N...

Publicis and Omnicom heading to be the biggest merged ad firm

Omnicom CEO John Wren and Publicis Groupe Chairman and CEO Maurice Lévy, will be co-CEOs as they unveiled the agreement at a press conference in Paris yesterday. They announced th...

Spain to Analyse Conditions Laid Down by ECB

Mariano Rajoy claimed on Thursday that he had not entered any kind of discussions with Angela Merkel regarding the fact whether Madrid should make use of the new bond-buying policy...

U.S. Justice Department Files Antitrust Lawsuit to Break Up Live Nation

On Thursday, The U.S. Justice Department and more than two dozen states filed a lawsuit to break up Live Nation for illegally inflated concert ticket prices and hurt artists along ...

Argentina Peso Currency Devalued as Part of Economic Shock Therapy

On Tuesday new Economy Minister Luis Caputo, said Argentina’s peso currency will weaken over 50% to 800 per dollar, cut energy subsidies, and cancel tenders of public works, econ...

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