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Thursday, August 04, 2005

Baidu gets sued

Baidu goes public in just a couple of days, public in the US.

Interestingly, they are already facing their first challenge. Since they offer stuff on their web for download, two Chinese companies take the chance to sue them over alleged copyright infringement. This is the "risk of listing in the US." Demands for corporate ethics, and scrutinity is what company can expect in the US and this drills down to this kind of level, of course.

So it was clear that this was coming, especially after all the sueing and crackdowns that currently happen to companies involved in this kind of business, even so, surprise, surprise, illegal downloads support legal purchases.

(By Asia Business Consulting)