Chinese search engine Baidu and the United Nations Development Program are hoping to streamline the recycling of e-waste in China with a new app that can help users easily sell their old electronics for cash.
Chinese search giant, Baidu, reported a 34 per,cent jump in profit for the second quarter, with mobile ad sales accounting for almost a third of revenue for the first time.
China's Baidu is stepping into another major market with a search engine geared for Brazil, and is preparing to set up a research and development center in the country.
Baidu has scored a win over Google by hiring Andrew Ng, founder of the "Google Brain," to run the Chinese Internet giant's artificial intelligence labs.
Despite rising costs in research and promotional spending, Chinese search giant Baidu reported net profit was up by over 24 percent in the first quarter on growing ad revenue made through its mobile services.
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