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China Baidu 2Q Profit China Baidu 2Q Profit(0)

Baidu earned 837.4 million yuan ($123.5 million), or 2.40 yuan (35 cents) per share, up from 383.3 million yuan, or 1.10 yuan per share, a year earlier. Excluding stock options expenses, Baidu earned 36 cents per share.

Revenue rose 74 percent to 1.91 billion yuan ($282.3 million), the Beijing-based company said.

The company had about 254,000 active online marketing customers during the quarter, up 25 percent from a year earlier.

Baidu had about 64 percent of China’s search market in the first quarter of this year, up from 58.4 percent the previous quarter, according to research Analysys International.

Industry analysts expect Baidu to benefit from Google Inc.’s decision to close its China search engine in a dispute over Beijing’s Internet censorship, requiring users to go to its Hong Kong site. Analysys said Google’s share of advertising slid from 35.6 percent to 31 percent in the first quarter but it said there was no significant decline in search traffic and revenue appeared stable.

For the current quarter, Baidu forecast revenue in the range of 2.2 billion yuan ($324.4 million) to 2.26 billion yuan ($333.3 million), an increase of 72 percent to 77 percent from a year earlier.

Source : Konaxis

Google search engine is suspected of malicious promotion; monitoring needs to be strengthened Google search engine is suspected of malicious promotion; monitoring needs to be strengthened(0)

July 13, shoes e-commerce site – Le Tao CEO told reporters that as Google search was suspected of infringing Le Tao’s rights, it had sued the latter to court, and Beijing’s Haidian District Court had accepted the case which was expected to be on trial on July 15.

Early in May this year, as Le Tao staff accidentally entered in the Google “Le Tao”, the sponsored links under search box was “to buy sports shoes, Le Tao is not as good as xxx”. Le Tao believed that Google China sold “Le Tao” as keywords to competitors, resulting in the public saw the above bad words used by competitors when searching in Google.

Lawyer of Beijing Tian law firm said: Google’s sale of Le Tao to their competitors in search engine which has a great influence on public was against the Le Tao’s reputation and economic interests.

Bi Sheng further said that from early May to the last exchange of evidences, Google showed distinct five faces, which intended to impute and appease, “After Le Tao staff discovered bad words, they called Google, but was told legal affairs was on leave -it was the first face; after filing in court, this was still not addressed, the staff answered the phone in bad attitude – this was the second face; a few days later, followed quickly by additional legal letters from Le Tao, the result was still not addressed – this was the third faces; after receiving a court summons, Google attitudes was reversed – this was the fourth face; in exchange of evidences, the attitude changed once again, Google denied its acts – this was the fifth face. “

Similarly, another search company Baidu also encountered trouble because of online promotion. On July 8, at the Ministry of Public Security press conference, Deputy Secretary Ministry of Public Security Network Security Protection Agency, Gu Jian, said Baidu Guangzhou Branch Staff provided marketing services for the gambling website “777 live entertainment field” and gained 600,000 yuan of illegal profits.

Google China Keep Search Page Google China Keep Search Page(0)

The move, announced by Google on Friday, removes another thorn in U.S.-China relations and reflects Beijing’s desire to be seen as friendly to major foreign companies in spite of ideological differences, analysts said.

But analysts said Google’s position in China remained fragile and that the country likely would account for a fraction of Google’s revenue for some time.

Google said on Friday that China had renewed its webpage license, which means it can continue to run the Chinese language search site google.cn.

Last week, Google offered Beijing a face-saving compromise: it stopped automatically rerouting google.cn to its uncensored Hong Kong site. Now, visitors to google.cn must click once to go to the Hong Kong page.

Analysts said Beijing had sent a reassuring signal to foreign businesses that it would play by its own rules while keeping an innovative global company such as Google in its domestic market, where Chinese companies can compete with and learn from it.

Analysts estimate Google’s revenue in China at $300 million to $600 million out of its $24 billion annual revenue. It has around a 30 percent share of China’s 7 billion yuan ($1 billion) search market, which local rival Baidu Inc dominates.

Source : Konaxis

Google China keep license Google China keep license(0)

The google.cn search site will stop automatically redirecting users to Google’s uncensored search portal in Hong Kong — instead, visitors will be required to click a link to access the Hong Kong site, Google said on Tuesday.

The move comes ahead of a Wednesday deadline for China to renew Google’s operating license. Google said Beijing had made it clear it was unhappy with the company’s three-month old system of re-routing Chinese Web surfers to google.com.hk.

“Without an ICP license, we can’t operate a commercial website like Google.cn so Google would effectively go dark in China,” wrote Google Chief Legal Officer David Drummond on the company’s corporate blog.

The website tweak is Google’s latest attempt to strike a delicate balance between standing up to China’s policy of Internet censorship while maintaining a presence in a market considered key to its future growth.

If accessed from mainland China, the Hong Kong search engine does not offer unfettered access to information the government wants blocked as domestic firewalls prevent connections to many websites that Beijing objects to.

The Google.hk.com site is also periodically unavailable from mainland China, and searches can be unstable.

At least three other licenses for Google business units in China are due for renewal in June, said industry experts.

Source : Konaxis

Google Loses Second Executive Google Loses Second Executive(0)

Song Zhongjie quit as head of China sales at Google this month, Marsha Wang, a Beijing-based company spokeswoman, said in an e-mail today. Wang didn?t comment on a Yicai.com report that Song will join a Chinese Web site called Aibang.

Song joins Wang Jin, the former engineering director who defected to Baidu Inc., in leaving a month after Google moved its service to Hong Kong in defiance of Chinese censorship laws.

Tom Online Inc., a Chinese Internet portal controlled by billionaire Li Ka-shing, last month ended an agreement to use the Mountain View, California-based company?s search services. Motorola Inc. last month said it dropped Google?s search engine from one of its phones in China.

Source : Konaxis

Google May End China Search Google May End China Search(0)

China has the world’s largest Internet population. Google holds about 35 percent of the country’s search market, compared with about 60 percent for Baidu, so Google’s exit would be a big boost to the company.

Reports surfaced over the weekend that Mountain View, Calif.-based Google was close to shutting down its China search engine after negotiations over censorship stalled. Google wouldn’t comment.

Google had said January it would stop complying with China’s censorship rules after it discovered hackers had tricked human-rights activists into exposing their e-mail accounts.

On Friday, China’s top Internet regulator said Google must obey the country’s laws or “pay the consequences.”

Source : Konaxis

China warns Google China warns Google(0)

The chief executive of Google, Eric Schmidt, said this week he hoped to announce soon a result to talks with Chinese authorities on offering an uncensored search engine in China.

“Google has made its case, both publicly and privately,” China’s Minister of Industry and Information Technology, Li Yizhong, said, but did not confirm directly that his ministry was in talks with Google.

“If you don’t respect Chinese laws, you are unfriendly and irresponsible, and the consequences will be on you,” Li told reporters.

It was up to Google whether to stay in China’s market or not, he added.

Ministry officials have wavered between confirming and denying that talks are happening at all, in response to repeated media questions during China’s annual legislative session.

“This is really a hot topic, it’s easy and yet not easy to respond. A lot of these matters don’t fall under my ministry, ” Li said.

The Ministry of Industry and Information Technology shares oversight of the Chinese Internet with a number of other bodies, while still more bureaucracies are involved in matters of foreign investment, complicating the Chinese government’s response to Google’s challenge.

Source : Konaxis

Google reiterated no censorship for search results and ready for stopping operations in China Google reiterated no censorship for search results and ready for stopping operations in China(0)

Reporting said that Google vice president, Huang Anna On 10th said that if Beijing requested to censor search results need to review the network, or to opt out of the world’s most populous Chinese market, Google was prepared to leave China.

Google withdrawal has become the focus of the foreign media for quite some time. Spokesman of The Third Session of the Eleventh CPPCC National Committee, Zhao Qizheng said Google did careful research when came in China’s in 2005, especially had word by word understanding of the legal environment.

In 2006, when Google officially entered china, it had a solemn commitment to these laws. China’s Internet is open, China welcomes global investors, including the international Internet enterprises, operate in China, also wish foreign investors to respect China’s public interests, cultural traditions and Chinese laws, to undertake corresponding social responsibilities.

Microsoft to stay its China Microsoft to stay its China(0)

Microsoft and local players, including Baidu, China’s search leader, and Sohu.com, must also comply with local laws requiring censorship of certain content.

“We hope to achieve a relatively important place in the China search market,” Zhang said. “But we must be very patient, we still need a lot of time.”

Zhang added that other key development areas for Microsoft in China this year would include search and advertising platform technologies, and development of mobile platforms and cloud computing technologies.

Microsoft considers China a vital market for its Web search business, and is hoping to duplicate early progress for the U.S. version of Bing in China.

Zhang added that Microsoft planned to spend about $500 million on research and development in China this year, and another $150 million on outsourced projects.

Source : Konaxis

Google recruiting 40 staff in China Google recruiting 40 staff in China(0)

Google is seeking to hire 40 staff, including engineers, sales managers and research scientists in Beijing,

Shanghai and the southern city of Guangzhou, according to advertisements seen on its website.

Meanwhile, Google has continued to filter search engine results in China.

Google representatives and Chinese officials were to resume talks in the coming days after a break for

China’s Lunar New Year holiday, the Wall Street Journal reported Tuesday.

The talks will centre on whether the US firm can deliver unfiltered internet search results in China, the report said.

Source : Konaxis

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