Qihoo 360 (QIHU +4.3%), rallying again on optimism about its new search engine, is spending...

|By:, SA News Editor

Qihoo 360 (QIHU +4.3%), rallying again on optimism about its new search engine, is spending $218M to acquire a Beijing office complex. Qihoo plans to use the complex as its new HQ, and will pay for it via three cash payments to be made from 2012-2014. (PR)