Baidu shares jumped on Monday as it appeared increasingly likely that Google will shutter its Chinese-language search engine. Financial Times seems pretty sure about it,
Google has drawn up detailed plans for the closure of its Chinese search engine and is now “99.9 per cent” certain to go ahead as talks over censorship with the Chinese authorities have reached an apparent impasse, according to a person familiar with the company’s thinking.
A baidu employee is quite excited about the current circumstance; here is a short entry on her RenRen blog:
