There are rumors that Baidu is to acquire Tudou.com. According to a Securities Times reporter‘s source who’s close to Baidu senior management, Baidu has approached Tudou.com with two acquisition proposals. One option is direct acquisition of Tudou.com by Baidu and Tudou will remain independent operation and focus on UGC and original production. The other option [...]
Baidu yesterday announced it’s shutting down its “Weibo” service, t.baidu.com, by 22 August. Baidu’s Weibo service “Shuo Ba” (or “Talk Bar” in English) started in September last year with a real-name system requiring all registration to be verified via a mobile phone and photos. Having gained no popularity with its real-name system, Baidu made it [...]