For the quarter, Baidu (ticker: BIDU) reported revenue of $ 3.69 billion, down about 1% from a year ago, and in line with the consensus of Wall Street analysts at $ 3.7 billion. Non-GAAP earnings were $ 2.08 per share, good for the Street Consensus at $ 1.38. Baidu said …
Read More »Texas Gov. says positive increase under investigation
Texas officials have begun an investigation into why statewide Covid-19 data show a record decline in rates with positive tests, even as hospital admissions and other metrics indicate that the spread of the virus is slower. A special ‘data team’ has been deployed to investigate the state health department analyzes …
Read More »Maker ‘Fortnite’ accuses Apple of illegal monopolistic practices in battle royalties that appear on the way to a courtroom
The maker of “Fortnite” has launched a Battle Royale against Apple Inc., accusing the tech giant of seeking to “maintain its legitimacy of its monopoly.” Epic games said Thursday it has filed legal papers against Apple AAPL, + 1.77% after the iPhone maker launched the company’s hit game “Fortnite” from …
Read More »Facebook is cracking down on digital defense for misinformation ahead of elections
US users of Facebook Inc. those voting on voting may soon begin to look at fact-checking notes added to their announcements about the Nov. 3 presidential election. The addendum will refer to a new voter information hub similar to the one about COVID-19 that Facebook says has been seen by …
Read More »AMC is reopening these theaters this month with 15-cent tickets
The world’s largest cinema for movie theater will reopen more than 100 American theaters on August 20, the company said on Thursday. To commemorate its 100th anniversary, AMC is offering “films in 2020 at awards in 1920.” That’s 15 cents a ticket. AMC closed all its theaters in the US …
Read More »