Thursday, October 8, 2020

Baidu released a video search app called Kankan to find short videos and live streams, a move that may start to challenge Douyin, the Chinese version of TikTok (Masha Borak/South China Morning Post)

Masha Borak / South China Morning Post:
Baidu released a video search app called Kankan to find short videos and live streams, a move that may start to challenge Douyin, the Chinese version of TikTok  —  With Kankan, Baidu is competing for a larger slice of China's massive online video market, which has more than 880 million viewers …



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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

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