Baidu’s quarterly revenue falls 2% amid advertising decline

Chinese internet search giant Baidu’s revenue fell 2 per cent in the fourth quarter, as China’s sputtering economic growth weighed on advertising spending, even as artificial intelligence (AI) remained a bright spot despite fresh competition. Beijing-based Baidu’s total revenue for the fourth quarter fell to 34.1 billion yuan (US$4.7 billion), the company reported on Tuesday. […] Th