Baidu's Forecast Misses Estimates on New Ad Rules

Baidu posted profit and a revenue forecast that missed analysts’ estimates after government regulations curbed the amount of ads China's biggest search engine can show users. Bloomberg's David Ingles reports on "Trending Business." (Source: Bloomberg)

Toshiba's Board Agrees to Sell Chip Unit for $18 Billion
33:07 - Toshiba's board agreed to sell its flash memory chip unit to a group led by Bain Capital for 2 trillion yen ($18 billion), taking an important step toward ending a contentious bidding process that has stretched over eight months. Bloomberg's Peter Elstrom reports on "Bloomberg Daybreak: Asia." (Source: Bloomberg)
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