BEIJING -- Major Chinese tech company Baidu stands at a crossroads over what to do with its video streaming unit iQiyi, a linchpin of its growth plans that is under investigation by U.S. financial authorities over accounting practices.
Tencent waits in wings to take over cash-burning app iQiyi
BEIJING -- Major Chinese tech company Baidu stands at a crossroads over what to do with its video streaming unit iQiyi, a linchpin of its growth plans that is under investigation by U.S. financial authorities over accounting practices.