U.S. regulators added Baidu to a list of New York-listed Chinese companies that face delisting risks for failing to meet new auditing requirements. Baidu, China’s biggest search provider that also operates many other internet services, is the latest addition to the lengthening list, which includes major social media firm Weibo and several biotechnology firms. Baidu’s Nasdaq-listed stock fell...
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Microsoft CEO Says AI ‘Vicious Cycle’ Will Boost Google; Meta and OpenAI’s Other Rivalry
CEOs often speak from both sides of their mouth, depending on who their audience is. On Monday, Microsoft CEO Satya Nadella painted a scary picture of how Google could multiply its power in the age of artificial intelligence. His doom and gloom comments, made before a federal judge in Washington, contrasted with an upbeat Nadella from February who said that Microsoft’s Bing search—then being...
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