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Tuesday, 18 August 2026
AIBloombergJust broke

Baidu reports Q2 revenue down 2% YoY

Baidu reports Q2 revenue down 2% YoY to ~$4.62B, below ~$4.69B est. and its fifth straight quarterly decline, and net income of ~$341M, as it lags AI rivals

TL;DRBaidu's revenue keeps falling as AI competitors pull ahead.

Why it matters: China's search giant losing ground signals shifting power in global AI race.

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200 stories
1h

Operation Blue Skies: Reducing aviation climate impact with AI

Google and UK test AI to reduce contrails by routing planes differently.

2h

In filings, Apple acknowledges App Store regulatory changes are

Apple's App Store revenue dropped 6% as new regulations bite into its $100B services business.

13m

Chinese carmakers now sell one EV abroad for every two at home

Chinese EV makers are exporting more cars as domestic demand slows.

25m

Pony AI’s Robotaxi Revenue Reaches Record

Pony AI's robotaxi business grew 69% and now represents a third of revenue.

28m

UK puts Google AI on the flight path to fewer contrails

Google AI adjusts flight routes to reduce contrails and cut aviation emissions.

31m

Apple's macOS Tahoe 26.7 RC has references

Apple's unreleased macOS version leaks hints about upcoming Home Hub, Beats, and AirPods Pro 4.

34m

Xiaomi Profit Falls After Memory Crunch Hits Smartphone Demand

Xiaomi's profits dropped but not as badly as feared amid chip shortages.

48m

Microsoft confirms outage affecting search in Microsoft 365 apps

Microsoft 365 search is down for some users across multiple apps.

1h

Apple’s Anti-AI Position Suddenly Becomes Stock Market Baggage

Apple's stock rallied on AI skepticism, but sentiment shifted and shares are falling.

1h

Apple’s camera-equipped AirPods appear in leaked video

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