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Tech Scurry

Baidu: What the crisis of Baidu means for companies

After years of success Baidu is now in serious trouble. The main culprits are Wechat and the Walled Gardens, which hide search results. Like Google, the Chinese search engine Baidu earns the most money through paid ads. After many years of spurting profits, the company is facing major problems. Turnover stagnated in 2019 compared to previous years at 26.3 billion yuan (3.3 billion euros), the share price has plummeted since the beginning of the year by more than 60 percent ... read more on t3n.de ...

Counter-Strike world champions aim at the stock market

The Danish e-sports team Astralis, the world's number one in the first-person shooter Counter-Strike, wants to go public. To be redeemed between 17 and 20 million euros. More than a dozen major trophies have been collected by Danish e-sports team Astralis since its inception in 2016. Four times alone, the clan members became world champions in Counter-Strike, a first-person shooter. You are currently the best team in this e-sports discipline. Now Astralis, which has become the media company Astralis Group, wants to go public, as Bloomberg reports ... read more on t3n.de ...