Wednesday, October 31, 2018

Baidu's fourth-quarter sales forecast misses estimates as regulation, trade fears bite

Chinese search engine operator Baidu Inc on Wednesday forecast lower-than-expected sales for the rest of the year, citing looming economic uncertainty and tough new regulations that have impacted its ad clients.


from Reuters: Technology News https://ift.tt/2RqiRDn

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Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

The dollar-denominated notes are split into 3-1/2-year, 5-1/2-year and 7-1/2-year tenors, while the euro-denominated bonds are split into 4-...