- Technology and internet stocks continued their tumble for the third consecutive week on inflation worries and a rise in U.S. treasury yields.
- Latest cooperation agreements vindicated Baidu's long-standing investments in AI technologies, cloud computing, and big data capabilities.
- ARKK ETF made a rare sell trade on Baidu but it was still the fifth-largest holding of the ARKK ETF as well as the combined ARK Invest ETFs.
- Bilibili was accused of a series of "out-of-control misogyny" practices though the allegations failed to take the wind out of its sails.
- Not content with its original appeal to the niche anime, comics and games subculture, Bilibili is seeking to expand its revenue streams in advertising and e-commerce.
For further details see:
Baidu And Bilibili Are In The News - One Exalted, One Condemned