1. Baidu Takes Revenue Hit, Points To New Search Advertising Law And Vetting Process 10/31/2016

    Baidu Takes Revenue Hit, Points To New Search Advertising Law And Vetting Process 10/31/2016

    China has a new law prohibiting online promotions of prescription medication, tobacco and other similar products. It went into effect in September. This restriction will have a "short-term impact" on revenue for the business, which means less paid-search ads running across Baidu's advertising network, Robin Li, CEO at China's top Internet search engine, told analysts during the company's third-quarter earnings call Friday.

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    1. At Baidu during the last 18 months, we have seen a tripling of daily speech use across all Baidu properties.
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