John Paczkowski

Recent Posts by John Paczkowski

Baidu Do Do, De Da Da Da Is All I've Got to Say to You

baiduBaidu’s shares have gained 72 percent this year, apparently for very good reason. The Chinese search engine is doing to Google what few others have managed to do: dominate it in search. Baidu (BIDU) holds more than 62 percent of China’s online search market, Google (GOOG) less than half of that. Little wonder, then, that Baidu delivered another strong quarter this week.

The company’s first-quarter profit climbed 24 percent on surging advertising sales, handily beating analysts’ estimates. And while the econalypse has troubled it a bit–the company saw a decline in active customers–Baidu is confident in its future performance. Said CEO Robin Li, “With more and more search traffic or inventory to sell and better and better monetization capability, I think this company will be able to maintain a better high growth rate for the years to come.”


Twitter’s Tanking

December 30, 2013 at 6:49 am PT

2013 Was a Good Year for Chromebooks

December 29, 2013 at 2:12 pm PT

BlackBerry Pulls Latest Twitter for BB10 Update

December 29, 2013 at 5:58 am PT

Apple CEO Tim Cook Made $4.25 Million This Year

December 28, 2013 at 12:05 pm PT

Latest Video

View all videos »

Search »

Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work