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.
Wednesday, February 6, 2008
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