Chinese websites are reporting that Chinese-language online giant Baidu plans to launch their newly formed video company on qiyi.com, a recently acquired domain name (ref:jlmpacificepoch.com).
According to the reports, the new site will direct 90% of its spending on obtaining authorized video content.
The qiyi.com domain names whois info shows a change on February 2, 2010, the same time the news was leaked – as per the whois info, the domain name is registered to a Beijing individual. The reports indicate Baidu Read more »