China's Baidu to raise salaries amid virus outbreak - sources
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BEIJING/SHANGHAI (Reuters) - China's Baidu Inc will raise staff salaries amid the coronavirus outbreak, the search engine company's CEO told staff in a meeting, two sources familiar with the matter said.Robin Li also told staff that the company had a cash pile of around 130 billion yuan ($18.5 billion), the sources said. In its fourth quarter earnings report, Baidu said it had a cash position of 135.9 billion yuan. Baidu did not respond to a request for immediate comment.The company said last..