China Baidu's second quarter exceeds expectations, powered by ad sales growth

Chinese internet search giant Baidu beat expectations for quarterly profit and revenue on the back of strong growth in its core online advertisement business, easing the pressure of funding a major expansion into new technology areas.

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Bird scooters roll into Paris, Tel Aviv

Scooter rental company Bird rolled into Europe on Tuesday, a month after the two-wheeled electric vehicle startup was valued at $2 billion in its latest funding round.

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Huawei overtakes Apple as world No. 2 smartphone seller, gains ground in China

China's Huawei Technologies [HWT.UL] overtook Apple Inc to become the world's second-biggest smartphone seller in the June quarter, data from market research firms showed, as it gained ground in Europe and expanded its lead back home.

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China to probe online discounter Pinduoduo over reports of counterfeit goods

China's markets regulator said on Wednesday it has asked Shanghai regulators to investigate online discounter Pinduoduo Inc following media reports of counterfeit goods and intellectual property infringements.

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China to investigate online discounter Pinduoduo over media reports of counterfeit goods

China's markets regulator said on Wednesday it has asked Shanghai regulators to investigate online group discounter Pinduoduo Inc regarding media reports about counterfeit goods and intellectual property infringements on the platform.

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China's Baidu tops profit, revenue expectations on ad sales growth

Chinese internet search giant Baidu Inc surpassed expectations for quarterly profit and revenue on the back of strong growth in its core online advertisement business.

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Weak outlook overshadows tech firm Akamai's profit beat

Akamai Technologies Inc's forecast for third quarter revenue largely missed Wall Street expectations on Tuesday, even as its second quarter profit topped estimates on strength in its cloud security business.

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Dialog Semiconductor ends talks to buy Synaptics

Dialog Semiconductor Plc said on Tuesday it has ended discussions with Synaptics Inc about a potential acquisition of the U.S. touch-pad technology company, without citing a reason.

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Apple buybacks eclipse value of most S&P 500 companies

Apple Inc said on Tuesday it handed its shareholders $20 billion through share buybacks in the June quarter, bringing its tally this year to a record $43 billion and helping push its stock price to an all-time high.

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China's Baidu tops profit estimates on ad sales growth

Chinese internet search giant Baidu Inc on Tuesday topped Wall Street estimates for quarterly profit on the back of strong growth in its online advertisement business.

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Pandora wins more paid subscribers, posts smaller loss than expected

Pandora Media lured thousands of more paid subscribers in the second quarter, helping the music streaming company report a smaller loss than Wall Street was expecting and driving its shares 12 percent higher on Tuesday.

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China's Baidu posts 24.4 percent rise in quarterly revenue

China's Baidu Inc reported a 24.4 percent rise in quarterly revenue on Tuesday, driven by gains in the internet search firm's online ad business.

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Apple's pricey iPhone X, subscriptions deliver earnings beat

Apple Inc sales led by the pricey iPhone X pushed quarterly results far beyond Wall Street targets on Tuesday, with subscriptions from App Store, Apple Music and iCloud services bolstering business.

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