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Tech Stocks Broker Alerts – Baidu Inc (BIDU), Lifelock Inc (LOCK)

Shares of Baidu Inc (ADR) (NASDAQ:BIDU) ended Thursday session in red amid volatile trading. The shares closed down -2.59 points or -1.41% at $181.52 with 1.76 million shares getting traded. Post opening the session at $183.75, the shares hit an intraday low of $181.09 and an intraday high of $184.13 and the price vacillated in this range throughout the day. The company has a market cap of $62.93 billion and the numbers of outstanding shares have been calculated to be 27.17 million shares.

Baidu Research, a division of Baidu, Inc. ( NASDAQ : BIDU ), introduced TalkType, the first voice-centric, full-function keyboard for Android devices. It is available now on the Google Play Store for the U.S.

TalkType enables users to input text 3x faster than typing. TalkType was inspired by a recent speech recognition study published by Stanford, University of Washington and Baidu Research. The study demonstrates the speed and accuracy benefits of speech input on mobile devices, as compared to typing. TalkType is built on the same Baidu speech recognition engine that was used in the study.

The TalkType user interface is designed specifically for speech input, with a large microphone icon placed front and center in the app. TalkType integrates an alphanumeric keyboard that supports swipe and emojis. The new Baidu QuickShare feature in TalkType enables easy sharing of GIFs, as well as local business and location information.

Andrew Ng, chief scientist, Baidu, said: “At the core of TalkType is Baidu’s speech recognition engine, built using deep learning. High-accuracy speech recognition makes it possible to achieve speeds up to three times faster than before. As speech recognition continues to make dramatic improvements, it’s natural that speech will become a more and more popular way to communicate with devices.”

“TalkType is the first full-function Android keyboard that is ‘voice first,’ not ‘voice also,'” commented Bijit Halder, head of Baidu’s Silicon Valley AI Lab (SVAIL) product team. “Unlike conventional keyboard designs, where voice is targeted for occasional use and delegated to a small icon, TalkType is designed for voice as the primary input mode.”

Shares of Lifelock Inc (NYSE:LOCK) ended Thursday session in green amid volatile trading. The shares closed up +0.24 points or 1.43% at $17.00 with 1.21 million shares getting traded. Post opening the session at $16.66, the shares hit an intraday low of $16.62 and an intraday high of $17.05 and the price vacillated in this range throughout the day. The company has a market cap of $1.59 billion and the numbers of outstanding shares have been calculated to be 92.59 million shares.

Lifelock Inc (LOCK) provides identity theft protection services for consumers; and consumer risk management services for enterprises in the United States. It operates in two segments, Consumer and Enterprise. It protects consumer subscribers through monitoring identity-related events, such as new account openings and credit-related applications; and enterprise customers by delivering on-demand identity risk, identity authentication, and credit information about consumers. The company offers LifeLock Identity Alert system, which provides its members with notifications and alerts, including actionable alerts for new account openings and applications, as well as a response system for identity threats via text message, phone call, mobile application, or e-mail; LifeLock Standard, LifeLock Advantage, LifeLock Ultimate Plus, basic LifeLock, LifeLock Command Center, and premium LifeLock Ultimate services; LifeLock Junior service, which provides identity theft protection services for minors; and LifeLock Benefit Elite that provides identity theft protection for employers and brokers.

 

 

 

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