This network connects devices, such as lights and TV sets, and allows them to be controlled from far away through electrical wiring, mobile phone communication or WiFi over the Internet.

The hedge fund, which has 2.6 million Baidu shares, cited an independent research report that said the video-streaming business was worth$ 5.8 billion.

Acacia Partner持有260万股百度股票，他引用一家独立研究机构的报告称，流媒体视频平台爱奇艺的估值为58亿美元。

Baidu, China's equivalent of Google, said Friday that it had received a nonbinding proposal to acquire its majority stake in the Chinese video streaming website Qiyi.com, valuing the business at about$ 2.8 billion.

百度在周五表示收到一份收购其流媒体视频网站爱奇艺（Qiyi.com）多数股份的非约束性提议，对公司估值约为28亿美元。百度在中国的地位相当于谷歌（Google）。

The show received more than 30 million views during its first day on streaming platform iQiyi.

该电视剧在中国视频媒体平台爱奇艺网站第一天开播，便收获了三千万的浏览量。

Liang Yuexian, human resources manager at iQiYi, China's leading online television and movie portal, agrees.

国内领先的在线影视门户网站爱奇艺的人力资源经理梁跃贤（音译）对此表示赞同。

At$ 10 billion, iQiyi will be valued at a fraction of Netflix's but surpass listed Chinese rival Leshi Internet Information And Technology Corp.

爱奇艺100亿美元的估值虽然仅相当于Netflix的一小部分，但该数字将超过乐视网信息技术公司。

The iQIYI deal is the first such agreement.

与爱奇艺的交易就是第一个这样的协议。

The drama is now airing on China's online video platform iQiyi, and audiences are now paying for VIP packages to get priority viewing of the latest episodes.

该剧目前正在中国的在线视频播放平台爱奇艺上播出，现在购买VIP套餐的观众就能优先查看最新剧集。

Owned by online giant Baidu, it plans to raise 1.5bn USD through an initial public offering on the Nasdaq.

为网络巨头百度所拥有的爱奇艺，计划通过纳斯达克首次公开募股筹集15亿美元。

Baidu competes with Alibaba, Tencent and other Chinese companies to create or buy movies and television shows-both foreign and domestic, with iQiyi showing a range of programs from Chinese costume dramas to American shows like "Homeland"-that Chinese viewers stream through their smartphones, tablets and computers.

百度与阿里巴巴、腾讯及其他中国公司开展竞争，制作或购买国内外电影及电视节目，供中国观众通过智能手机、平板电脑及电脑观看。爱奇艺拥有很多节目，从中国古装剧到《国土安全》（Homeland）等美剧。

One-fifth of all dramas under production at iQiyi, for instance, are from this genre.

爱奇艺出品的众多剧集中，五分之一都是奇幻剧题材。

Baidu Inc's iQiyi is targeting a US initial public offering as soon as in 2018 that could value China's most popular streaming video service at more than$ 8 billion, two people familiar with the matter say.

据两位知情人士透露，百度旗下视频网站爱奇艺计划最早于2018年在美国首次公开募股（IPO），这可能会使这个目前中国最受欢迎的流媒体视频服务网站届时估值超过80亿美元。

The H Collective said that it will finance "xXx 4" alongside several investment partners, including Sparkle Roll Media, iQiyi Pictures, Dadi Huarui, and so on is slated to begin in 2019.

The H Collective电影公司表示，将与多家投资伙伴一起为《极限特工4》融资，投资伙伴包括Sparkle Roll Media、爱奇艺、大地华瑞等。影片计划于2019年投产。

According to the statistics on iQIYI, the first season was viewed more than 700 million times.

据爱奇艺的统计数据显示，该动画第一集浏览量超过了7亿。

Starring Song Joong-ki and Song Hye-kyo, the show is now airing on iQiyi.com at 9 p.m. every Wednesday and Thursday, the same time as on South Korean KBS 2TV.

这部由宋钟基和宋慧乔主演的电视剧，每周三和周四的下午9点在爱奇艺播出，而韩国的KBS2TV也在同步播出。

Gong Yu, CEO of iQiyi, said earlier that the company had 20 million paying subscribers in June.

爱奇艺CEO龚宇今年6月曾表示，爱奇艺付费用户已突破2000万。

IQIYI already has agreements with the BBC, Paramount Pictures and Lionsgate, among others.

爱奇艺也已经与英国广播公司（BBC）、派拉蒙影业、狮门影业以及其他公司达成了协议。

The exact increase in subscriptions is not yet available until the drama concludes at the middle of April, but iQiyi estimates that at least 3 million new VIP users have signed up to watch.

在该电视剧四月中旬播放结束之前，订阅增长的准确数字还无法得出。但是爱奇艺方面预计现在至少有300万名新VIP用户已经报名观看。

The pair informed the board that they had withdrawn the offer after failing to strike a deal despite several rounds of discussions, Baidu said last Monday. The withdrawal came days after New York hedge fund Acacia Partners criticized the online search giant for considering selling iQiyi at a price that is "far too low."

百度公司上周一表示，双方在几轮讨论之后仍未达成协议，之后致信百度董事会撤回私有化要约。百度股东、纽约对冲基金Acacia Partners批评爱奇艺的出售价格“过低”。

The tradition of outsourcing scriptwriting has been replaced by internal teams at such companies.

这样一来，之前外聘编剧的传统就逐渐被诸如爱奇艺这类公司的内部团队操作所取代。

Baidu wants to continue holding a controlling stake in iQiyi upon the IPO via dual-class shares.

百度希望在IPO后通过双股权制继续控股爱奇艺。