Wednesday, January 13, 2010

UBS upgrades from Neutral to Buy; PT of $523

Comments Google China already has removed filters for censored
keywords, making it likely they will be shutdown for now. Even if
they negotiate a deal to keep operating, Baidu's leverage for
bargaining with advertisers will increase because of advertiser's
concern with

Background: In his blog statement yesterday, Google's chief
lawyer stated Google China will stop filtering words required
by the government, largely related to pornography and politics.
This is in response to some phishing and other attacks launched
against some Chinese dissident's gmail accounts from within

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