Tracy Qu / Wall Street Journal: Baidu reports first quarter revenue down 1.1% YoY to ~$4.7B, above estimate of ~$4.5B,…
Trending
- Lululemon’s proxy war with Chip Wilson goes public, sets annual meeting
- Baidu Reports First Quarter Revenue Down 1.1% YoY to ~$4.7 Billion, Above Estimate of ~$4.5 Billion, and Net Profit Down 55% YoY to ~$506.6 Million, Above Estimate of ~$462.5 Million, Amid Slow AI Gain (Tracy Qu/Wall Street Journal)
- Security researcher Peter G. Neumann, who criticized the industry’s lax attitudes toward computer security and digital privacy, died on May 17 at the age of 93 (John Markoff/New York Times)
- Philippine government urges Supreme Court to reject fugitive senator’s ICC appeal – The Diplomat
- Sources: In recent months, U.S. authorities have made several requests for information from Kalshi and Polymarket, many of which were related to betting on events in Iran and Venezuela (Wall Street Journal)
- Former Malaysian ministers resign from PM’s party, vacate their parliamentary seats – The Diplomat
- AI sales automation startup Monaco raised a $50 million Series B led by Benchmark, bringing its total funding to $85 million after raising a $25 million Series A in February 2026 (Ben Bergman/Business Insider)
- Source: Shein acquires DTC clothing retailer Everlane, which focuses on sustainability and "radical transparency"in $100 million deal (Lauren Sherman/Puck)
