Free Newsletters - Space - Defense - Environment - Energy - Solar - Nuclear
by Staff Writers
Beijing (AFP) Sept 3, 2012
China's leading search engine Baidu will invest more than 10 billion yuan ($1.6 billion) in cloud computing over the coming years, its chief financial officer said on Monday.
The investment will go toward building data centres and hiring staff for its online data-storage service, Baidu said in a statement, quoting Li Xinzhe, but without giving details.
Baidu also announced a new web browser for mobile phones, which this year became the most popular way people access the Internet in China.
The new browser will offer faster download times and tailor-made applications, Dow Jones Newswires reported.
Baidu has about 80 percent of the market in China, having benefited from the fallout between Chinese authorities and US search engine Google over its refusal to censor its search results.
Space Technology News - Applications and Research
|The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement|