Monday, January 18, 2010

Google now holding talks with China

Oh really?

Jan. 18 (Bloomberg) -- Google Inc. said it has begun talks with the Chinese government about the company’s plan to stop censoring results from its search engine, after saying it may quit the country because of cyber attacks.

Google will hold more talks with Chinese authorities “in the coming days,” it said in an e-mailed response to questions today.

The operator of the world’s most-popular search engine last week said it plans to operate an unfiltered search-engine service in China -- a move that may lead to the company closing down its offices in the country -- pending talks with the government. The Mountain View, California-based Internet company said its computer system faced a series of “highly sophisticated” attacks that originated in China.

So the crybabies of Google now aren't leaving China on their corporate jet?

But they helped Wall Street close GOOG at 580, once again, exactly at the strike, on option expiration.

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