News
Baidu is reportedly planning to commercialize its chip technology by setting up a dedicated subsidiary backed by crypto-friendly venture capital firms.
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Baidu News
Baidu is Chinese company that specializes in web services. The main service of Baidu is their search engine, which bears the same name and is currently the leader among Chinese search engines. The Baidu search engine covers about 1.5 percent of all markets of search engines’ services. The company was founded by Robin Li, who is the chairman and CEO, and Eric Xu and is headquartered in Beijing, China. Currently, Baidu has over two billion active users worldwide. Baidu’s advertising system is quite similar to that of Google Adwords or Adsense, although it has its own special features. In 2013, it was announced that Baidu began cooperation with Bitcoin. However, Chinese authorities prohibited any means of using cryptocurrency within Chinese territory. Nevertheless, this mandate didn’t stop Baidu from investing in prospective international projects related to the crypto sphere.
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China’s cyberspace commission has issued approvals for 224 blockchain projects, including ventures from the country’s major tech companies.
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A Baidu senior engineer has been jailed for three years for mining $14,000 worth of Monero on company servers.
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China’s Bitcoin trading volumes have continued to drop, hitting a two-year low on peer-to-peer exchange LocalBitcoins.
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The Chinese e-commerce giant JD.com has reportedly applied for over 200 patents.
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China’s cyberspace administration has released its first list of registered blockchain service providers.
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Chinese search engine giant Baidu has launched its Baidu Blockchain Engine, an operating system designed to facilitate DApp development.
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Officially confirmed: decentralized internet project TRON and China's largest internet search provider Baidu will cooperate on cloud computing resources.
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The as-yet officially unconfirmed “partnership” between TRON and Chinese search titan Baidu will reportedly center on cloud computing, not blockchain.
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Roger Ver wants Bitcoin.com to have its own crypto exchange, while CNBC’s Ran Neuner thinks Bitcoin’s price could soon “explode.”
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Crypto market news service Coinness claims that TRON is about to partner with China’s Internet giant Baidu, citing private correspondence with the former.
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Chinese search engine Baidu has released a white paper for its so-called “Super Chain” technology.
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China’s social media giant WeChat has blocked the official sales channel of Bitcoin mining giant Bitmain, as well as a host of further crypto-related “hype news” accounts.
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Baidu joins China’s other two leading tech giants — Tencent and Alibaba — in imposing new anti-crypto measures in line with Beijing’s toughened stance.
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In the past two months, the government of China has allocated the majority of its resources to strengthening its ban on cryptocurrency trading and the ICO market.
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