Lesson for Baidu means renewal for the internet

Edit China Daily 10 May 2016
For over a week now, the largest Chinese search engine Baidu.com has been a target of public questioning and debate for its possible role in the death of Wei Zexi, a university student, who paid dearly for a cancer treatment that apparently didn't help prolong his life after allegedly being misled by promotional information from a hospital he found during an online search on Baidu....

Kingsoft Cloud raises $50m in Series C+ financing

Edit China Daily 10 May 2016
It will speed up its layout in cloud-computing services, which involve video, game, medical, government affairs and other enterprise-class cloud services ... Charlie Dai, principal analyst at Forrester Research Inc, said ... Internet companies have stepped their transformation depending on cloud-computing, such as Alibaba Group Holding Ltd, Baidu Inc and Tencent Holdings Ltd, which provide different types of cloud services. ....

Baidu's objectivity compromised by profit model

Edit Xinhua 09 May 2016
BEIJING, May 9 (Xinhua) -- The Cyberspace Administration of China (CAC) on Monday demanded an overhaul of China's leading search-engine Baidu following an investigation. The CAC said Baidu relied excessively on profits from paid listings in search results, and did not clearly label such listings as the result of commercial promotion, compromising the objectivity and impartiality of search results ... The Baidu disconnect....

China's Baidu must cut paid-for adverts after death, regulators say

Edit BBC News 09 May 2016
Baidu must reduce the number of paid-for adverts it includes in its search results, Chinese regulators say. It comes after an outcry over the death of a student who tried an experimental cancer therapy that came top of the list in his Baidu web search. Baidu had come under fire for allegedly selling listings to bidders without adequately checking their claims ... The regulator demanded that Baidu make several changes, including.....

Baidu to Restrict Sponsored Search Results After China's Probe

Edit Bloomberg 09 May 2016
Baidu Inc ... Baidu must also review its medical advertising to clear up those that don’t comply with new standards ... “We accept and support the investigation team’s decision and will put these rectification requirements in place at the soonest,” Tracy Hu, a spokeswoman for Baidu, said in the statement. “We will continue to uphold extremely high standards to make our platform safe and trustworthy.”....

RPT-Reliance on China health sector raises searching questions for Baidu

Edit Reuters 09 May 2016
* Baidu gets 20-30% of search revenue from healthcare -analysts ....

China rules Baidu must rein in healthcare adverts after cancer controversy

Edit Reuters 09 May 2016
BEIJING (Reuters) - Baidu Inc must rein in paid-for advertisements within search results after a student died following experimental cancer treatment he found via China's biggest search engine, Chinese regulators said on Monday. ....

China curbs Baidu healthcare ads business after student's death

Edit Reuters 09 May 2016
BEIJING (Reuters) - Chinese regulators imposed limits on the lucrative healthcare adverts carried by Baidu Inc on Monday following the death of a student who underwent experimental cancer treatment he found via China's biggest search engine. ....

UPDATE 1-China curbs Baidu healthcare ads business after student's death

Edit Reuters 09 May 2016
* Investigation followed student's death from cancer (Adds Baidu comment, share price move context, details) ....

Baidu told to cut adverts after death

Edit BBC News 09 May 2016
Baidu must reduce the number of paid-for adverts in its search results, Chinese regulators say, following controversy over the death of a student ... ....

Baidu shares fall after student death

Edit CNBC 09 May 2016
Shares of Baidu fell after regs limited ads due to a cancer patient dying from treatment found on the search engine ... ....

Fitch: Regulatory Risk in Baidu's Search Business Adds to Challenges (Fitch Inc)

Edit Public Technologies 09 May 2016
Fitch Ratings says the Chinese authorities' investigation into Baidu, Inc. (A/Stable) after the death of a student, who accused the company of promoting false medical information on its search engine, highlights the heightened regulatory risk facing Baidu's core search business. Baidu's reputation has been affected by this incident ... Baidu is trying to migrate its business model to connect people with services rather than information....

IT firms close free cloud services (Beijing Municipal Government)

Edit Public Technologies 09 May 2016
(Source. Beijing Municipal Government) ... It remains unclear whether Baidu Inc will take any measures with its Baidu Cloud service, which is China's largest personal cloud storage provider with more than 38 million monthly active users ... It remains unclear whether Baidu Inc will take any measures with its Baidu Cloud service, which is China's largest personal cloud storage provider with more than 38 million monthly active users ... (noodl....
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