Posted on 03 December 2012.
Sina has publicly admitted that they seeing a gradual encroachment on their Weibo user-base by such new social services as Tencent’s Weixin. However, despite such setbacks, Sina is still moving forward and there are rumors that they will be changing their search engine functions to accommodate YunYun, a social search engine run by former Google…
Posted on 30 November 2012.
Baidu is moving ahead into the cloud computing market with a new customized cloud solution for terminal manufacturers. In total, Baidu’s chief architect of the cloud project, Lin Shiding, said that they will be investing 4.7 billion yuan ($754.6 million USD) in a new cloud computing center. They are also forming a strategic platform partnership…
Posted on 26 November 2012.
A lot of attention has been paid to the fact that Qihoo, a company originally known in China for its security software, has been challenging companies in the Internet field one by one this past year. No press is bad press, but the company continues to look rather silly with the hostile and arrogant behavior…
Posted on 21 November 2012.
Backed by JPMorgan and Goldman Sachs, Baidu announced today it will be issuing bonds of $1.5 billion US dollars in total . Half will be issued in 5-year bonds at 2.25% interest and the other half will be in 10-year bonds at 3.5% interest. Stating that the cash will be used to repay debt and applied…
Posted on 07 November 2012.
In an internal email released sometime in the past few days to company employees entitled “Changing Starts With You and Me,” Baidu’s CEO Robin Li gave an encouraging though admonishing message to employees about the future of Baidu in mobile technology as well as the challenges he perceives. The email specifically warns employees not to become…
Posted on 19 September 2012.
A dispute between Tencent and Qihoo that began in 2010 was taken to court yesterday, accusing Qihoo of deliberately seeking to ruin the reputation of Tencent’s QQ chatting service through security software Koukou Guard. Qihoo is suspected of attempting to damage QQ’s image by telling anti-virus software users that QQ is scanning their computers for private…
Posted in Industry Leaders, Internet, Mobile
Posted on 07 September 2012.
The mudslinging continues this week between Baidu and Qihoo, as Baidu and other companies are now advising all employees to uninstall Qihoo 360’s web browser, after it was revealed last Friday that private information may be compromised by the browser through some underhanded tactics related to Qihoo’s new search engine. The campaign began last week…
Posted in Industry Leaders, Internet
Posted on 03 September 2012.
Qihoo 360, a software company in China that focuses mainly on the anti-virus and browser markets, released its own search engine recently to compete with China’s search-engine enterprise Baidu. The battle that followed was one very characteristic of Qihoo, a company that has come to be personified by its somewhat erratic CEO Zhou Hongyi. Qihoo has…
Posted in Industry Leaders, Mobile
Posted on 27 August 2012.
It appears that the influence of telecom operators in China is waning a bit, as it is revealed today that China Telecom and China Unicom’s market capitalizations have been superseded this year by Baidu and Tencent . According to MIIT’s Cao Shumin, as of February 2012, a group of 56 Internet companies including Baidu, Tencent,…
Posted in Industry Leaders, Mobile
Posted on 23 August 2012.
There has been a dramatic increase in China’s enthusiasm for Google Android recently, though the platform has not reportedly been paying the bills. The number of developers has steadily increased from 0.78m in 2011 to 1.16m in 2012, yet according to combined research conducted by DCCI and Baidu’s Developer Center, nearly half of the developers…
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