Iris Deng / South China Morning Post: China’s iQiyi, a streaming service majority-owned by Baidu and listed on the Nasdaq, reported its first quarterly profit, $26.7M in Q1, after cutting spending — The Nasdaq-listed company, majority-owned by search giant Baidu, made a profit of 169.1 million yuan (US$26.7 million) …
Written by Jun 20, 2016, 1:14 pm
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Powered only by the sun, the record-breaking airplane takes off from New York for a transatlantic flight to Seville, Spain.
Source: CNet
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