“What can we do?” says a computer scientist who has worked at Google China for more than two years. “If the search business in China is shut down, it’s shut down. If I have to find another job when it happens, I’ll do it.”
Read more: http://www.time.com/time/business/article/0,8599,1973410,00.html
Analysts believe that of the two, Tencent is in the better position to capitalize, given its dominant position in China’s booming instant-messaging business. According to estimates by Analysys International, nearly 70% of China’s 400 million Internet users use instant-messaging, and of those, 80% use Tencent’s system, known as QQ. That’s the major reason that Tencent’s market capitalization is bigger than Baidu’s, and an insider at the company acknowledges that search “is very much” a target of opportunity.
Read more: http://www.time.com/time/business/article/0,8599,1973410,00.html#ixzz0icfkHFkV
