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Ryan Jove

Baidu to invest $1.6B in cloud-computing center - MarketWatch - 0 views

www.marketwatch.com/...ud-computing-center-2012-09-03

cloud computing investment internet center baidu technology software business travel tech Mobile solution

shared by Ryan Jove on 06 Sep 12 - No Cached
  • Baidu Inc
  • invest roughly 10 billion yuan ($1.6 billion) in a cloud computing center.
  • China's leading search engine by revenue has been pushing hard to expand its hold of the rapidly growing mobile Internet market, and cloud computing--or remote online data storage--has been a key part of that initiative.
  • ...1 more annotation...
  • the company introduced a new mobile web browser that offers Baidu services, speedy downloads, and applications that can run directly in the browser.
  • Ryan Jove on 06 Sep 12
     
    This current events article discusses the forward motion of cloud computing.  Baidu Inc, China's leading search engine, is investing about 1.6 billion dollars into cloud computing.  This improves their hold on the young Chinese mobile internet space.  This should solidify them as the largest Chinese search engine, following Google's vacating in 2010. 
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