Seeking Alpha

Matt Berry's  Instablog

Matt Berry
Send Message
Follow me on Twitter: https://twitter.com/MattBerry01 I'll be publishing on my blog from now on. I usually send my reports through a newsletter first. Join the mailing list at http://www.3footcrowbar.com/ Interests: -- reading up on bounded rationality, behaviorism, and philosophy -- writing... More
My blog:
3 Foot Crowbar
My book:
The Mechanics of Virtue: A cynic's guide to righteous behavior
  • Qihoo 360: A Victim Of A Smear Campaign Or An Aggressor Caught Red-handed? (… Or Both?) 1 comment
    Aug 23, 2012 12:10 AM | about stocks: QIHU

    News on Qihoo 360 over these past two months has been fast and furious.

    In the last two months, from the most recent accusations:

    • Qihoo fakes a Microsoft patch to install its own browser and disable rival browsers. (click here for more detail)

    I've spent the last two weeks on this (fake Microsoft patch) and have found conclusive evidence (besides the widely published articles) that Qihoo did indeed counterfeit a security patch.

    • Qihoo loses Smartphone partner due to recent slate of bad press, (click here for more detail).

    Con: I found two articles suggesting that the deal is ongoing.

    Pro: Articles appeared in the press with supposedly inside staff members declaring the deal to be off due to events outlined below.

    • Qihoo accused of leaving users vulnerable to leakage of personal info. (Click here for more detail)

    Con: Qihoo CEO says he's being smeared.

    Pro: "Dark Clouds" Android system forum declares that Qihoo's software was vulnerable to such a leakage.

    • Qihoo accused of false advertising RE: its Smartphone.(Click here for more details)

    Con: Not significant, phone is apparently being sold

    Pro: Widely published, with photos purporting to show the offense.

    • Qihoo's smartphone "AK47" is declared "Rubbish" (Click here fr more details)

    Con: Not significant. It was a "cheap phone" anyway and it's not a core business segment.

    Pro: Widely published photos damage Qihoo's reputation anyway.

    Disclosure: I am short QIHU.

    Additional disclosure: I am long MSFT, but not for reasons outlined here.

Back To Matt Berry's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (1)
Track new comments
  • Just wondering did your short shares get squeezed due to the sudden soaring?
    23 Aug 2012, 10:41 AM Reply Like
Full index of posts »
Latest Followers

StockTalks

More »

Latest Comments


Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.