Baidu Inc Nike Air Force 1 Mid , the owner of China's biggest Internet search engine, is buying a minority stake in Uber Technologies Inc, the taxi-booking company which is expanding into China, according to a person familiar with the matter.


Uber will receive cash and non-cash assets, including access to Baidu's online resources Nike Air Force 1 Lv8 , the source said, for an investment likely to be worth as much as $600 million, China National Radio reported earlier.


The investment will give the search giant a slice of the market in China that has been dominated by startups backed by Alibaba Group Holding Ltd and Tencent Holdings Ltd, the nation's biggest Internet companies.


San Francisco-based Uber this month completed a round of funding that valued the operation at $40 billion.


"Uber needs a local player like Baidu that really understands the Chinese market," said Li Yujie Nike Air Force 1 , an analyst at RHB Research Institute Sdn in Hong Kong.


"Baidu is trying to promote its mobile payment system and Uber would help it gain more traffic and boost its location-based services."


Kaiser Kuo, a Beijing-based spokesman for Baidu, confirmed only that Baidu is expected to make an announcement next Wednesday about an investment with a US startup that is now a household name, but declined to offer any further details.


Evelyn Tay, a spokeswoman for Uber Cheap Air Force 1 , did not respond to a phone call and two e-mails seeking comment.


An Uber representative this month said the company may raise as much as $600 million more if other investors decide to come into the most recent funding round at a later point.


Uber, which has raised $2.5 billion since its inception in 2009, is facing an increasing number of regulatory and legal hurdles with its app in markets such as India, and California in the United States.


The car-booking app is now valued at four times that of other elite Silicon Valley startups, such as Airbnb Inc.


Uber's value also dwarfs Tesla Motors Inc Air Force 1 Sale , which has a market capitalization of about $26 billion. General Motors Co, the largest US automaker, has a market value of $52 billion.


Uber is expanding in China and now hiring staff in 14 cities, according to a July 1 LinkedIn post. Uber has been targeting customers who are willing to pay a premium for the luxury of tracking the vehicle's approach, not handling local cash and finding daily newspapers and a Wi-Fi access inside the car.




ABUJA Air Force 1 Shoes , Aug. 22 (Xinhua) -- The office of Nigerian leader Muhammadu Buhari was infested with rodents while he was on a long medical vacation in London, according to the presidency.


Buhari, who resumed duties on Monday, is working from the office inside his official residence pending the completion of renovation work in the regular presidential office, his media team said Tuesday.


"Following the three months period of disuse Air Force 1 Ultra , rodents have caused a lot of damage to the furniture and the air conditioning units," Garba Shehu, a senior communication assistant to the president, told local newspaper ThisDay.


Shehu said the maintenance firm was speeding up its pace of work to allow Buhari to operate from his regular office.


This announcement was greeted by mixed reactions, with many members of the public saying the renovation ought to be completed before his arrival from the 104-day medical trip overseas.


Buhari's home office is a replica of his regular office Air Force 1 Low , within the same complex.


Femi Adesina, the president's main spokesman, confirmed the 74-year-old leader had met with his vice-president on Monday when the latter briefed his principal on the major developments while he was away.


Buhari also met with the nation's security chiefs inside his home office on Tuesday, Adesina said, adding the decision was not intended for the president to luxuriate at home.


The Nigerian leader flew out of the West African country on May 7 Air Force 1 High , on medical vacation, and got a rousing welcome upon his arrival in Abuja last Saturday.


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LOS ANGELES， March 29 (Xinhua) -- A U.S. federal judge in Hawaii on Wednesday extended his previous nationwide order blocking the implementation of President Donald Trump's revised travel ban while the lawsuit continues.


U.S. District Judge Derrick Watson's original order halting the travel ban was issued on March 15， hours before the ban was set to go into effect， in the form of a nationwide temporary restraining order.


Court papers show that Watson granted a motion on Wednesday to turn his temporary restraining order into a preliminary injunction， extending his order against the ban while the case moves forward.


The move sets the stage for the Department of Justice to appeal to the 9th Circuit Court of Appeals， which is the same court that upheld a national halt to Trump's first travel ban last month after a Seattle federal judge ruled against it.


Hawaii has become the first state in the United States to file a lawsuit against Trump's revised travel ban. Judge Watson blocked provisions of the March 6 executive order of Trump that would have frozen the refugee program for 120 days and stopped citizens of six Muslim countries from entering the United States.


The revised travel ban will bar entry of citizens of Iran， Libya， Syria， Somalia， Sudan and Yemen for 90 days.


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