Difference between revisions of "Baidu"
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==History== | ==History== | ||
| + | [[File:Robin.li .jpg|200px|thumb|right|Robin Li at NASDAQ]] | ||
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In 1994, [[Wikipedia: Robin Li|Robin Li]] (Yanhong Li, 李彦宏) joined IDD Information Services, a New Jersey division of Dow Jones and Company, where he helped develop software for the online edition of The Wall Street Journal.<ref>[http://www.taipeitimes.com/News/bizfocus/archives/2006/09/17/2003328060 Robin Li's vision powers Baidu's Internet search dominance Archived February 3, 2011, at the Wayback Machine], ''Taipei Times'', September 17, 2006.</ref> He also worked on developing better algorithms for search engines and remained at IDD Information Services from May 1994 to June 1997. | In 1994, [[Wikipedia: Robin Li|Robin Li]] (Yanhong Li, 李彦宏) joined IDD Information Services, a New Jersey division of Dow Jones and Company, where he helped develop software for the online edition of The Wall Street Journal.<ref>[http://www.taipeitimes.com/News/bizfocus/archives/2006/09/17/2003328060 Robin Li's vision powers Baidu's Internet search dominance Archived February 3, 2011, at the Wayback Machine], ''Taipei Times'', September 17, 2006.</ref> He also worked on developing better algorithms for search engines and remained at IDD Information Services from May 1994 to June 1997. | ||
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Li's original intention was to create a product to "provide the best and most equitable way for people to find what they are looking for".<ref>https://baike.baidu.com/reference/427116/74a23gpaBp1id7YOJTojsNSLYPiEFfKSdcxZ0sklG0MySaqCIrIVDI7sfDGNypGBR5cWQCy5R8-1HuQnhQDoSt7thhMetJlF</ref> This feat was accomplished as a result of the [[Wikipedia: Hyperlink|link analysis]] technology, which sorted search results based on how many connections they have with other pages. This algorithm was based on the assumption that the more times a page is linked from another site, the more credible it is. This assumption proved to be accurate, and since then, the company has rapidly expanded by producing new suites of products and acquiring new companies in many different markets. These products include [[Wikipedia: Baidu Baike|Baidu Baike]] (an online encyclopedia), [[Wikipedia: Baidu Wangpan: Baidu Wangpan]] (a cloud storage service), and [[Wikipedia: Baidu Tieba| Baidu Tieba]] (a keyword-based discussion forum), among others. | Li's original intention was to create a product to "provide the best and most equitable way for people to find what they are looking for".<ref>https://baike.baidu.com/reference/427116/74a23gpaBp1id7YOJTojsNSLYPiEFfKSdcxZ0sklG0MySaqCIrIVDI7sfDGNypGBR5cWQCy5R8-1HuQnhQDoSt7thhMetJlF</ref> This feat was accomplished as a result of the [[Wikipedia: Hyperlink|link analysis]] technology, which sorted search results based on how many connections they have with other pages. This algorithm was based on the assumption that the more times a page is linked from another site, the more credible it is. This assumption proved to be accurate, and since then, the company has rapidly expanded by producing new suites of products and acquiring new companies in many different markets. These products include [[Wikipedia: Baidu Baike|Baidu Baike]] (an online encyclopedia), [[Wikipedia: Baidu Wangpan: Baidu Wangpan]] (a cloud storage service), and [[Wikipedia: Baidu Tieba| Baidu Tieba]] (a keyword-based discussion forum), among others. | ||
| − | == | + | Baidu's initial public offering occurred on August 5, 2005. At its IPO price of $27 a share, the company raised $109 million. With a rise of 354%, Baidu’s first-day gain ranks 18th in history and ranks as the best performance ever by an overseas deal.<ref>[https://seekingalpha.com/article/157809-the-untold-story-of-the-baidu-ipo The Untold Story of the Baidu IPO] ''Seeking Alpha''. Archived from the original on October 24, 2016. Retrieved September 8, 2019.</ref> In December 2007, Baidu became the first Chinese company to be included in the NASDAQ-100 index. As of May 2018, Baidu's market cap rose to US$99 billion.<ref>[https://www.latimes.com/archives/la-xpm-2007-dec-10-fi-baidu10-story.html Search site moves at the speed of China]. ''Los Angeles Times''. Archived from the original on January 22, 2012. Retrieved November 26, 2011.</ref> |
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| + | ==Name, Mission, and Vision== | ||
| + | The word "Baidu" comes from Xin Qiji, a poet of the Southern Song Dynasty, who wrote eight hundred years ago. <ref>https://ir.baidu.com/company-overview/</ref> The sentence wrote: "Having searched hundreds of times in the crowd, suddenly turning back, he is there in the dimmest candlelight." "Baidu"'s meaning is "searching for hundreds of times", which matches the enterprise's position as a search engine company, as well as expresses the resolution of Baidu to make their search engine top in the world. | ||
| + | Baidu's mission is to "make the complicated world simpler through technology" and its vision is "to be a top global technology company which best understands users’needs and enables their growth".Baidu has faced criticism from the public for actions viewed as inconsistent with their claims. Baidu | ||
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==Data Centers== | ==Data Centers== | ||
==Baidu Products== | ==Baidu Products== | ||
==Ethical Implications== | ==Ethical Implications== | ||
| + | ===Search Engine=== | ||
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==See Also== | ==See Also== | ||
Revision as of 03:54, 9 March 2021
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Baidu (NASDAQ: BIDU) is the world's largest Chinese search engine, China's largest Internet integrated service company with information and knowledge as the core, and the world's leading artificial intelligence platform company. Baidu has thousands of research engineers, which is the top technical team in China.[1] This team has mastered the most advanced search engine technology in the world, making Baidu a Chinese high-tech enterprise mastering the world's cutting-edge science and core technology, and making China one of the only four countries in the world with search engine core technology outside the United States, Russia and South Korea. Baidu has faced criticism for their data mining and targeted advertising practices, which were catalysts for an increased amount of debate surrounding the ethical implications of privacy online.[2]
Contents
History
In 1994, Robin Li (Yanhong Li, 李彦宏) joined IDD Information Services, a New Jersey division of Dow Jones and Company, where he helped develop software for the online edition of The Wall Street Journal.[3] He also worked on developing better algorithms for search engines and remained at IDD Information Services from May 1994 to June 1997.
At the end of 1999, Li saw the great potential of China's Internet and Chinese search engine services. He resolutely resigned from Silicon Valley's high paying job and brought patent technology of search engine, and founded Baidu Inc in Zhongguancun in January 1, 2000. After that, Baidu launches independent search portal baidu.com and their own search engine within one year. In 2003, Baidu surpasses Google and becomes the preferred search engine for Chinese netizens. According to data from Analysys International, Baidu has a respectable market share of 58%, well above Google (Google's market share is arround one third). [4]
Li's original intention was to create a product to "provide the best and most equitable way for people to find what they are looking for".[5] This feat was accomplished as a result of the link analysis technology, which sorted search results based on how many connections they have with other pages. This algorithm was based on the assumption that the more times a page is linked from another site, the more credible it is. This assumption proved to be accurate, and since then, the company has rapidly expanded by producing new suites of products and acquiring new companies in many different markets. These products include Baidu Baike (an online encyclopedia), Wikipedia: Baidu Wangpan: Baidu Wangpan (a cloud storage service), and Baidu Tieba (a keyword-based discussion forum), among others.
Baidu's initial public offering occurred on August 5, 2005. At its IPO price of $27 a share, the company raised $109 million. With a rise of 354%, Baidu’s first-day gain ranks 18th in history and ranks as the best performance ever by an overseas deal.[6] In December 2007, Baidu became the first Chinese company to be included in the NASDAQ-100 index. As of May 2018, Baidu's market cap rose to US$99 billion.[7]
Name, Mission, and Vision
The word "Baidu" comes from Xin Qiji, a poet of the Southern Song Dynasty, who wrote eight hundred years ago. [8] The sentence wrote: "Having searched hundreds of times in the crowd, suddenly turning back, he is there in the dimmest candlelight." "Baidu"'s meaning is "searching for hundreds of times", which matches the enterprise's position as a search engine company, as well as expresses the resolution of Baidu to make their search engine top in the world. Baidu's mission is to "make the complicated world simpler through technology" and its vision is "to be a top global technology company which best understands users’needs and enables their growth".Baidu has faced criticism from the public for actions viewed as inconsistent with their claims. Baidu
Data Centers
Baidu Products
Ethical Implications
Search Engine
See Also
External Links
References
- ↑ http://home.baidu.com/
- ↑ http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PALL&p=1&u=%2Fnetahtml%2FPTO%2Fsrchnum.htm&r=1&f=G&l=50&s1=5,920,859.PN.&OS=PN/5,920,859&RS=PN/5,920,859
- ↑ Robin Li's vision powers Baidu's Internet search dominance Archived February 3, 2011, at the Wayback Machine, Taipei Times, September 17, 2006.
- ↑ How Google took on China—and lost. MIT technology review, 19 December, 2018.
- ↑ https://baike.baidu.com/reference/427116/74a23gpaBp1id7YOJTojsNSLYPiEFfKSdcxZ0sklG0MySaqCIrIVDI7sfDGNypGBR5cWQCy5R8-1HuQnhQDoSt7thhMetJlF
- ↑ The Untold Story of the Baidu IPO Seeking Alpha. Archived from the original on October 24, 2016. Retrieved September 8, 2019.
- ↑ Search site moves at the speed of China. Los Angeles Times. Archived from the original on January 22, 2012. Retrieved November 26, 2011.
- ↑ https://ir.baidu.com/company-overview/
