http://techcrunch.com – Baidu, China’s search behemoth, has announced that it is raising $1.5 billion in a two-part bond sale to write down debt and build up its war chest: Baidu remains the country’s biggest search portal but has of late been feeling the heat of competition from domestic rival Qihoo 360, an antivirus software company that launched its own search engine in August. Kaiser Kuo, Baidu’s director (IT news)