Recent #Internet news in the semiconductor industry

3 months ago

Meta has announced an ambitious undersea cable project called 'Project Waterworth' to connect the U.S., Brazil, Africa, Asia, and Australia, spanning over 50,000 km. The project is set to be the longest cable deployed so far and will likely cost over $10 billion. It aims to enhance economic cooperation, digital inclusion, and technological development in the regions connected. Meta is also focusing on avoiding geopolitical hotspots and using more resilient cabling technology.

InternetMeta
8 months ago

➀ Baidu's revenue has grown by 51% from 2020Q1 to 2024, with a profit margin of 27% in the second half of 2024.

➁ Baidu's core business includes online marketing and other core businesses such as intelligent cloud, autonomous driving, and mobile ecology.

➂ Google's revenue growth rate in advertising business over five years is about 128%, significantly ahead of Baidu's 50%.

➃ Google's cloud business grew by more than 272%, followed by YouTube advertising and Google search advertising.

➄ Baidu's research and development investment rate is higher than most Chinese Internet companies, but its revenue growth rate has fallen behind.

➅ The market is not optimistic about the ancient AI giants due to unclear 'technology gold cross' and the curse of 'crown'.

➆ Baidu's search as a traditional leader lost traffic barriers in the mobile era, and its technology route has not yet broken through the cycle blockade.

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