Baidu is increasing its focus on its cloud computing services, as its core search advertising business adjusts to the new Chinese regulations. The company is introducing new artificial intelligence and big data offerings for business customers who use Baidu Open Cloud in China. Baidu recently announced three new platforms which will offer users big data services, video and image processing services (such as live streaming and video on demand), and smart IoT (Internet of Things) services for users in industries such as energy, retail and logistics. The cloud computing market in China is at a nascent stage but is expected to grow at a CAGR (compounded annual growth rate) of 40% from around $ 1.5 billion in 2013 to nearly $ 20 billion by 2020. We believe this focus on the cloud computing segment can enable Baidu to diversify its revenue stream and build a strong competitive edge as global players look at ways to enter this highly regulated market.
See our complete analysis of Baidu here

from Forbes – Tech http://ift.tt/2a3LinA
via IFTTT

Formula E, the auto racing series which features electric cars, had just 4% of the cumulative global television audience of Formula One in its inaugural season according to new data from research firm Repucom.

from Forbes – Tech http://ift.tt/29IDbe8
via IFTTT

The ongoing Evolution Championship Series, or Evo, is finally coming to Japan sometime in the future with more details on the event to be announced at this year’s Tokyo Game Show.

from Forbes – Tech http://ift.tt/29VpmM9
via IFTTT

In the more than two years since the passage of Title II of the JOBS Act, equity crowdfunding with accredited investors has rapidly grown, allowing startups to easily seek funding online with little added costs or hassles.

from Forbes – Tech http://ift.tt/29TonwN
via IFTTT

As my wife will all too gladly confirm, I have my daily routines. Saturday, July 9th, was no different. After finishing up my never-changing gym regimen (an elliptical machine, then floor mats, then weights), I made a beeline to the locker room to grab my iPhone. I needed a Chartbeat data fix. As always, it was just after 11am. This time, I watched mobile traffic for FORBES unfold like never before. Minutes earlier, Paul Tassi, one of our expert video game contributors, had published a post: Ten Things I Wish I Knew When I Started Pokemon GO. I could tell it would be big. Still, I never imagined how far and wide Paul’s post would ricochet across the social Web — 5,000 concurrent readers for two straight days.

from Forbes – Tech http://ift.tt/29PYHNI
via IFTTT

The classic SNK fighting game Garou: Mark of the Wolves is coming to both the PS4 and PS Vita in the near future.

from Forbes – Tech http://ift.tt/29P4GYy
via IFTTT