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[讨论] What happened to GOOG and BIDU after hour

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发表于 2010-1-12 07:42 PM | 显示全部楼层 |阅读模式


GOOG dived more and BIDU jumped
发表于 2010-1-12 07:51 PM | 显示全部楼层
E-mail leak has Google threatening to leave China
Google says it might end operations in China over compromise of dissidents' e-mail accounts

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Companies:Google Inc.

AP - FILE - In this April 27, 2007 file photo, people walk in front of the Google offices in ...

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By Michael Liedtke, AP Technology Writer , On Tuesday January 12, 2010, 6:46 pm
SAN FRANCISCO (AP) -- Google Inc. will stop censoring its search results in China and may pull out of the country after discovering that computers hackers had tricked human rights activists into opening their e-mail accounts to outsiders.

The change-of-heart announced Tuesday heralds a major shift for Google, which has repeatedly said it will obey Chinese laws that require some politically and socially sensitive issues to be blocked from search results that are available in other countries

Google disclosed in a blog post that it had detected a "highly sophisticated and targeted attack on our corporate infrastructure originating from China." Further investigation revealed that "a primary goal of the attackers was accessing the Gmail accounts of Chinese human rights activists," Google said in the post written by Chief Legal Officer David Drummond.

Google did not specifically accuse the Chinese government. But the company added that it is "no longer willing to continue censoring our results" on its Chinese search engine, as the government requires. Google says the decision could force it to shut down its Chinese site and its offices in the country.

It's unclear how much of a blow to its business Google would suffer by pulling out of China. The country has the world's largest population of Internet users but research firm Analysys International said last year that Baidu.com handled 62 percent of Web searches in China compared with 29 percent for Google.

Clothilde Le Coz, Washington director for Reporters Without Borders, called Google's willingness to stop censoring results a positive step, but added it doesn't necessarily mean more information will be available to the average Chinese person.

"The Chinese government is one of the most efficient in terms of censoring the Web," she said. The media watchdog group has long criticized Google and other Internet companies for caving to China's censorship regime.

A spokesman for the Chinese consulate in San Francisco had no immediate comment.

Google first agreed to censor search results in China in 2006 when it created a version of its search engine bearing China's Web suffix, ".cn." Previously, Chinese-language results had been available through the company's main Google.com site.

To obtain its Chinese license, Google agreed to omit Web content that the country's government found objectionable. At the time Google executives said they struggled with how to reconcile the censorship concessions with the company's motto of "don't be evil." By then Yahoo had come under fire for giving the Chinese government account information of a Chinese journalist who was later convicted for violating state secrecy laws.

AP Technology Writers Barbara Ortutay in New York and Jessica Mintz in Seattle contributed to this story
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发表于 2010-1-12 07:52 PM | 显示全部楼层
GOOG will exit China operation -> Bidu's search share will go up.
I will not jump into Bidu since today's hacking on Bidu's site (for 11 hours) puts some doubts on its server security.
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 楼主| 发表于 2010-1-12 07:56 PM | 显示全部楼层
I shorted both BIDU ($410) and GOOG ($610)
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发表于 2010-1-12 07:58 PM | 显示全部楼层
WOW, it may hurt google stock price badly tomorrow since they are no. 2 in China.
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发表于 2010-1-12 08:02 PM | 显示全部楼层
down 3.68% now
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发表于 2010-1-12 09:09 PM | 显示全部楼层
Opportunity is knocking on the door.

GOOG, GOOG, GOOG ...
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