Wednesday, January 13, 2010

Google takes on China

Frustrated with having to self-censor their premiere search product, Google (GOOG) announced today that it will leave the China market entirely unless the government allows for a truely open web within its borders. This move would leave the doors wide open for the current dominant search engine in China, Baidu (BIDU). It didn't hurt that revenue from China operations are currently "immaterial":