China's Baidu.com sees shares drop as profits rise
Baidu.com saw nearly triple sales growth but watched its stock prices drop over concerns that they were rising too quickly. Baidu entered the stock market in August and saw it shares open at $27, trade as high as $153, but is trading today at $69. Goldman Sachs analyst, Anthony Noto said earlier this year in […]
Anti-Google protest from German authors
German authors have mounted a protest against Google’s mass digitization of the world’s books for their http://print.google.com project. Members of the German main association of authors are in uproar claiming books are being digitized by Google without their authorization. Google claims the digitization of books will in fact encourage sales. Not so, says Wilfried F. […]