|By Shelly Palmer||
|September 3, 2012 07:48 PM EDT||
China’s search-and-plenty-more giant Baidu has flagged a $US1.6 billion cloud investment. The investment, announced with a minimum of detail by CFO Li Xinzhe, will go towards building data centres and hiring staff. The Chinese search firm also announced the launch of the Baidu Mobile Browser, which it says is designed to compete with Chrome and Safari. It claims a 20 percent performance boost over its rivals based on internal testing. Briefing Asian journalists last Friday (August 31), Baidu said its mobile browser can play high-definition video without plugins or extra supporting software, according to Reuters. Read the full story at The Register.