Tag: BIDU

02 NOV

Tech’s biggest CEOs and founders lost $61 billion during the stock market’s plunge in October — here’s who got hit hard (FB, AMZN, AAPL, NFLX, GOOG, BIDU, BABA)

Photo by Drew Angerer/Getty Images October was a rough month for billionaires in the tech sector, who saw their net worth plummet as stocks took a hammering.  According to Bloomberg data, the CEOs and founders of the most popular tech companies “FAANG+BAT” lost $ 61 billion in October. The tech-heavy Nasdaq index plunged 9.2%, posting its worst […]

09 SEP

GOLDMAN SACHS: Chinese tech giants are dominating North America in VC funding for the first time, and it could be the start of an unprecedented boom (BABA, BIDU, JD)

Chinese companies outpaced their American counterparts in venture-capital funding for the first time during the second quarter, according to Goldman Sachs. Tech giants and Softbank contributed the most to this milestone. According to Goldman’s analysts, Chinese tech giants including Alibaba and Baidu are creating ecosystems with unprecedented influence to develop new technologies and business models.  Watch […]