The Latest App Store, From China's Search Giant Baidu: 'Baidu Yi'

Baidu (NSDQ: BIDU), the search-portal provider and “Google (NSDQ: GOOG) of China,” has made a key move into the world of mobile today: it is launching its own app store, to be called “Baidu Yi,” which will be available on Google’s Android OS. The move comes after months of speculation about whether the company would launch its own mobile operating system. The move is yet another sign of how...