Wednesday, February 6, 2008

Google Bringing Free Music to China...

Google (GOOG), together with a Chinese parter, is about to reveal a market-changing service that will offer free, licensed music downloads in China. The move is a direct challenge to Baidu's (BIDU) music search domination, which has helped it keep Google at bay.

Analysts say 90% of China's 162 million internet surfers use pirated music from their computers at least once a day.

Now we know why Google ticked higher all day yesterday.

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