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BMW China Partnership Shows That Baidu Inc Is On The Right AI Track

The past few months have been a roller coaster ride for China digital search giant Baidu Inc (ADR) (NASDAQ:BIDU). From the beginning of April to the middle of May, BIDU stock rallied from $220 to $280 thanks to resurgent strength in China technology stocks and a really strong double-beat-and-raise first-quarter earnings report which underscored strengthening long-term fundamentals. Lu was widely considered to be the “AI guy” at Baidu, and AI is at the core of Baidu’s growth engine. …read more […]

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AP news guide: Ford’s plans for Michigan Central station

Ford Motor Co. plans to release details of its planned conversion of the long-vacant Michigan Central train station just west of downtown Detroit. The Dearborn-based automaker recently bought the 105-year-old building and is expected to redevelop the 500,000-square-foot (46,000-square-meter) structure as part of its plans for a campus focusing on autonomous vehicles. The station, which looms over Detroit’s Corktown neighborhood, has stood empty since the last train left in 1988 . …read more […]

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Ford CEO Jim Hackett reveals details about how he's reinventing the 114-year-old car company (F)

Ford has developed a massive development plan for a new-mobility corridor stretching from Detroit through its revamped headquarters in Dearborn to the University of Michigan in Ann Arbor. CEO Jim Hackett is bringing his “design thinking” innovation and management approach to the task of remaking the 100-plus-year-old company. Ford has bought a huge, crumbling rail station near downtown Detroit and intends to combine it with a plan to revive the city’s Corktown neighborhood to be a center of the carmaker’s Smart Mobility efforts. …read more […]

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A Deal with SNAP Could Be Just What Pandora Media Inc. Stock Needed

This week, music streaming platform Pandora Media Inc. (NYSE:P) made its way 10% higher after the company announced a new social media partnership with Snap Inc. (NYSE:SNAP). The partnership is a big deal for Pandora stock because it marks the firm’s first big step into social media integration and gives the firm a leg up on competitors with an easy-to-use sharing platform that will direct people to listen through Pandora. …read more […]