Baidu Inks $2.1 Billion Deal to Acquire YY Live Streaming Business

In a significant move to bolster its presence in the dynamic realm of live streaming, Baidu, China's leading search engine and artificial intelligence powerhouse, has announced its acquisition of YY Live, a prominent video streaming platform, for a staggering $2.1 billion. This deal marks a strategic effort by Baidu to expand its influence and diversify its offerings in the increasingly competitive Chinese digital landscape.

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