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Dharamshala: At the end of the day, the practicality of doing business with one-fifth of humanity prompted Google Inc. to back down on a months-long threat to pull out of China over Internet censorship. The gaint web-company's row with Chinese media regulators has proven detrimental whilst rival Baidu Inc., China's most popular online search engine, see share prices soar. Since renewing their license with China early this month, Google seem to be falling well behind Baidu, who have reported that their profits have since doubled.
Despite taking a stand against demands to limit access to sites considered politically sensitive, the 6th July saw the multinational prioritise business over principles, as they backed down to ensure a new deal with China.
A loss in market shares was expected as a result of the dispute; however a catch up seems unlikely in light of the record number of customers their rivals Baidu have accumulated in the last three months. It seems that taking a moral stand was not good for business!
President Dr Lobsang Sangay signing Tibetan parliament's Electoral Amendments into Law, at a press conference in Dharamshala, India, on October 3, 2018. Photo: TPI/Yangchen Dolma
Secretary General of IM Ann Svensén looks on as His Holiness the Dalai Lama addresses members of the press in Malmö, Sweden on September 12, 2018. Photo by Jeremy Russell
The Founding Assembly of the ‘Asia Democracy Network’ and the ‘3rd Seoul Democracy Forum’ were held in Seoul, Korea, from 21st to 24th October 2013. Photo: TPI
His Holiness the Dalai Lama attended a Long Life Prayer offered to him by the Tibetan Women's Association, Ex-Students of CST Dalhousie and Lhasa Districts on September 18, 2024. (Photo:TPI)
The Chinese authorities in Nyingtri town have ordered the closure of the "Nyingtri New Dawn Vocational Skills Training School" on September 4, 2024. (Photo:TPI)
