Baidu: Strong IPO, Stronger Rivals?
Now Wall Street has a new Chinese favorite Baiducom which operates Chinas most popular search engine and styles itself as a wannabe rival to global powerhouse Google
The shares began trading on Nasdaq on Aug 5 after the outfit raised 109 million in its According to Bloomberg Baidu priced its shares at 27 well above the range of 23 to 25 that it had expected At the end of its first trading day the shares closed at a gain of more than 350 Investors are betting the inflated price is justified since Baidu is in the best position to take advantage of a demand boom among Chinese Net surfers...
Chinese search engine Baidu quadruples stock price in IPO
Search engine Baiducom widely viewed as Google Incs equivalent in China more than quadrupled its stock price Friday in its debut on the Nasdaq Stock Market making it one of the most successful initial public offerings since the dotcom era
The Chinese companys stock price soared from an opening of 27 to close at at 4 pm The raised a total of million with 866 million going to Baidu
With search among the hottest Internet markets today the Baidu offering generated immense interest on Wall Street...
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Please Robert distinguish between constructive criticism of by people who profoundly appreciate what you are doing and overall what accomplishes A lot of people want to Beta test or talk to to make the 47other software much better or to try toadd what was not there in the previous or to fix what never got fixed in it Not every idea comes from Chris Jones team or the team or others Criticism of something in the software or a policy is often not equated with disruption or someone trying to undermine blogging that is done with a lot of heart and talent by you and conveys important information...
'Big Brother'-Like Monitoring Growing at Work
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Amazon Poised to Enter Music Fray
Friday August 5
The months of rumor and speculation about Amazoncom joining the digital music download business appear to be reaching a fever pitch and observers say its only a matter of time before Amazons music service debuts and makes a run at market leader Apple Amazon could not be reached for comment on the newest reports that it has such a service in the pipeline...