Google (GOOG) Expects Resolution Of China Situation Soon
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Google Inc. (NASDAQ: GOOG) said Wednesday that it expects to conclude discussions with the Chinese government soon, as the fate of the search engine company's China business hangs in the balance after it said it would stop censoring its content in the country about two months ago.
The company has decided not to publicly display the status of the negotiations, but at a media summit in Abu Dhabi CEO Eric Schmidt said that "We are in active negotiations with the Chinese government," and "something will happen soon."
Google has not given many details on the progress of the discussions with Chinese officials, including no timetable or mention of who has been involved on both sides of the table.
The company has said it would stop self-censoring its Chinese search engine and my close down its offices in the country after a cyber-attack on the company was traced back to China. Thus far its google.cn search engine has yet to offer unfiltered results in the country.
Google executives have not stated when the company will stop censoring its search results, but has said that the company will not sway from stopping the practice.
Schmidt also commented at the conference that mobile devices are going to be the future of the internet.
"If you want to understand the future of the Internet, don’t think of it as pipes and tubes. Think of it broader as a mobile device," Schmidt said.
The Chinese government officials have said that it would not limit the use of the Android operating system from Google by telecommunications operators in the country.
One company that is directly affected by the negotiations is Baidu Inc. (NASDAQ: BIDU), which is currently the No. 1 search engine company in the world's most populous nation and would benefit greatly from losing a competitor like Google.
The company has decided not to publicly display the status of the negotiations, but at a media summit in Abu Dhabi CEO Eric Schmidt said that "We are in active negotiations with the Chinese government," and "something will happen soon."
Google has not given many details on the progress of the discussions with Chinese officials, including no timetable or mention of who has been involved on both sides of the table.
The company has said it would stop self-censoring its Chinese search engine and my close down its offices in the country after a cyber-attack on the company was traced back to China. Thus far its google.cn search engine has yet to offer unfiltered results in the country.
Google executives have not stated when the company will stop censoring its search results, but has said that the company will not sway from stopping the practice.
Schmidt also commented at the conference that mobile devices are going to be the future of the internet.
"If you want to understand the future of the Internet, don’t think of it as pipes and tubes. Think of it broader as a mobile device," Schmidt said.
The Chinese government officials have said that it would not limit the use of the Android operating system from Google by telecommunications operators in the country.
One company that is directly affected by the negotiations is Baidu Inc. (NASDAQ: BIDU), which is currently the No. 1 search engine company in the world's most populous nation and would benefit greatly from losing a competitor like Google.
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