Baidu-Kingsoft Alliance Rumors Gain Further Credence As Qihoo 360 CEO Fumes

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http://techcrunch.com – Reports that Baidu, the Internet giant known as “the Google of China,” is planning to become a strategic investor in security software company Kingsoft gained traction today when Kingsoft announced that it is in discussions with “independent third parties relating to a possible disposal,” though it gave very little away in the rest of the release: “If materialised, the possible disposal may or may not constitute a notifiable transaction for the Company. The Company will make further announcement as and when required in accordance with the Rules Governing the Listi (IT news)