Baidu buys app store for $1.9bn

Baidu has bought Chinese app store 91 Wireless for $1.9bn (£1.25bn) as the search giant looks to expand in to the lucrative mobile market. 91 Wireless is owned by NetDragon Websoft, a Hong Kong-list company. The proposed deal marks Baidu’s latest attempt to go beyond...

AltaVista RIP: Yahoo shuts down search pioneer

AltaVista, one of the world’s first search engines, is to shut down next week as owner Yahoo looks to streamline its services. In a blog post, owner Yahoo said the service will shut down on 8th July, with all visits to the site being redirected to the Yahoo search...

Google searches ‘can forecast stock market’

The volume of Google searches for finance-related terms may predict moves in markets, according to a scientific research paper. The study, in Nature magazine’s Scientific Reports, was based on publicly available data from the Google Trends service. The data indicates...