Baidu (BIDU) is consulting with lawyers regarding the workings of Qihoo 360's (QIHU) new search...
Thursday, August 23, 2012, 1:59 AM ETBaidu (BIDU) is consulting with lawyers regarding the workings of Qihoo 360's (QIHU) new search engine, Chinese tech blogs report. It's unknown whether Baidu is seriously thinking of suing Qihoo, or just performing a normal check. Sohu's (SOHU) Sogou unit has suggested there's a 38% match between Qihoo and Baidu's results. Baidu has sold off on worries about the impact of Qihoo's search engine, whereas Qihoo shares (also benefiting from a strong Q2 report) have soared this week.
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