The Wall Street Journal: Microsoft signs search pact with Baidu in China
Microsoft Corp. and Chinese search giant Baidu Inc. have signed a deal to make Baidu.com the default search engine and home page for Web surfers in China who are using Microsoft’s Edge browser.
The Baidu BIDU, -2.75% deal, announced Wednesday, is one of seven new agreements publicized this week as Microsoft MSFT, -0.07% seeks to make inroads into the world’s second-largest economy, and as China President Xi Jinping gets set to tour Microsoft’s campus in Redmond, Wash., Thursday with company CEO Satya Nadella.
There are already hundreds of millions of PCs running Windows, but because of widespread piracy, Microsoft has traditionally had difficulties extracting revenue from many of these users.
Microsoft will also develop hybrid cloud-computing software with Unisplendour Corp. 000938, +2.82% and 21Vianet Group Inc. VNET, +0.41% and build out a cloud service for Xiaomi Corp., a maker of smartphones.
An expanded version of this report is available at WSJ.com.