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fromBenzinga
1 week ago
Business

China's Google Baidu Begins Layoffs Hitting Multiple Units After Brutal Q3: Report - Alibaba Gr Hldgs (NYSE:BABA), Baidu (NASDAQ:BIDU)

Baidu is conducting layoffs across multiple units, with some teams facing up to 40% cuts while AI and cloud roles are largely protected.
fromTalkMarkets
3 months ago
Artificial intelligence

China's Search Giant Stumbles: Baidu Reports Sharpest Sales Drop In Years

Baidu's Q2 2025 revenue fell 4% to 32.71 billion yuan; online marketing dropped 15% while AI cloud revenue grew 34%.
fromBenzinga
1 week ago
Business

China's Google Baidu Begins Layoffs Hitting Multiple Units After Brutal Q3: Report - Alibaba Gr Hldgs (NYSE:BABA), Baidu (NASDAQ:BIDU)

more#baidu
fromTipRanks Financial
3 months ago

Snap Inc. Faces Investor Backlash Over Revenue Claims - TipRanks.com

Snap Inc., the social media giant known for its disappearing messages and playful filters, is now facing serious allegations from its investors. A class action lawsuit has been filed against the company, accusing it of misleading shareholders about its advertising revenue growth. Between April 29 and August 5, 2025, Snap allegedly painted an overly optimistic picture of its financial health, while concealing a significant downturn in its advertising revenue growth rate.
Business
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