bill - 6:40 am on Jul 11, 2005 (gmt 0)
Here is a bit more speculation about the Google & Baidu situation:
There are two options for Google, said Schmidt. One is that Google holds shares of Baidu and the other is that both sides deepen cooperation, and Google would hold more Baidu's stakes or even set up a joint venture. This may lead to Google's takeover of Baidu, turning Baidu into its subsidiary in China.