Last $227.53 USD
Change Today -1.92 / -0.84%
Volume 2.8M
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As of 8:10 PM 01/27/15 All times are local (Market data is delayed by at least 15 minutes).

baidu inc - spon adr (BIDU) Key Developments

Hyundai Forms Connected-Car Alliance with Baidu, Inc

Hyundai and Baidu have signed a memorandum of understanding (MoU) to sell cars with connected services. The Hyundai Sonata will be the first car to be fitted with Baidu software in April. The Baidu software for the vehicle's in-car infotainment platform is called 'CarLife'.

361 Degrees Debuts Kids Smart Shoes in Cooperation with Baidu

361 Degrees International Limited announce that the Company has recently launched four designs of smart shoes for children jointly developed with Baidu on the 361 Degrees' Kids Smart Shoes official website. This is the first digital smart product jointly developed by 361 Degrees and Baidu, since both companies entered into a strategic cooperation agreement in September 2014. Adopting Baidu's technology, this series of kids smart shoes is the first wearable device of the company and one of the earliest in the market, and is equipped with Baidu Hawkeye technology and LBS open platform services of Baidu Map, which offers accurate position monitoring. For the first time, the authorized access of Baidu Map gives 361 Degrees Kids smart shoes mature positioning technology, speeding up the locating process and reducing errors, thus providing an excellent "anti-lost" feature to the product. At the same time, Baidu Hawkeye and Wi-Fi positioning functions serve as the fundamental solution to the indoor location problem of other anti-lost products and eliminate blind spots. In addition, this series of kids smart shoes takes full advantage of the interconnectivity between Baidu Big Data and Baidu Map without time and location limits, providing an invisible security zone for children through data acquisition and analysis. It will send out alerts once the child leaves the area under monitor. Another key characteristic of this series of kids smart shoes is the wireless charging technology. The charging plate transmits energy to the receiving coil through inductive coupling, allowing fast and convenient wireless charging. The child only needs to place the pair of shoes onto the charging plate to charge the shoes. This is different from other smart devices for children on the market which require the supervision of parents. In addition, the 361 Degrees Kids Smart Shoes can monitor the child's health by combining Baidu's tracker with its big data. The data gets uploaded daily onto the Baidu health cloud, and according to the health cloud's information library of the health conditions of millions of children, a scientific program will provide tailored and professional health advice as well as exercise suggestions.

ChinaNet Online Holdings Launches its Business Direct 3.0 in Cooperation with Baidu Direct Reach of Baidu

ChinaNet Online Holdings has launched its Business Direct 3.0 in cooperation with Baidu Direct Reach of Baidu. Business Direct 3.0 is a technically marked-up service based on the Baidu Direct Reach mobile platform for traditional service enterprises, which is centered on mobile search, accounts, maps, and personalized recommendations.

Baidu and Nvidia Partner on Cloud, Graphics Center

Baidu reported it has partnered with computer graphics house Nvidia (NVDA) to establish an R&D center, to enhance BIDU's deep learning and media-cloud computing capabilities. The joint center will use NVDA's graphic processing units and deep-learning architecture. BIDU and NVDA will both improve BIDU's video platform for a better viewing experience for Chinese users. BIDU will join with NVDA to deploy machine learning, cloud rendering, cloud gaming, and virtual desktop infrastructure to better meet the demands of video production, management, marketing, and viewers.

Baidu Rumoured To Buy Nuance

Shares of Nuance Communications, Inc. (NasdaqGS:NUAN) ere up slightly on January 12, 2015 on rumors that it could be acquired by Baidu, Inc. (NasdaqGS:BIDU). Rumors about an acquisition have been circulating since the spring of 2013, when activist investor Carl Icahn disclosed a position in the company, according to Seeking Alpha. Carl Icahn has a 17% stake in Nuance, Seeking Alpha said. A Nuance spokesman said it's the company's policy to not comment "on market speculation and rumors."


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