Qihoo 360 advances after CEO discusses search engine strategy

RELATED QUOTES

SymbolPriceChange
QIHU41.050.25
GOOG909.185.31
MSFT34.870.79
SOHU63.001.75
BIDU94.722.03

Chinese Internet company Qihoo 360 (QIHU) is climbing after online publication TechInAsia reported that the company's search engine would begin using Google's (GOOG) advertising system. TechInAsia, which cited Chinese language publication Sina Tech, quoted Qihoo CEO Zhou Hongyi as saying that Qihoo's search engine will, like Google, deliver paid and unpaid search results. Qihoo will also use an open platform that will distribute its content to many other sites, Zhou said. Finally, the CEO suggested that Qihoo could collaborate with Google (GOOG), Microsoft (MSFT), and Sohu.com (SOHU) in the future, TechInAsia added. In early trading, Qihoo rose 85c, or 3.71%, to $23.77, while its search engine rival Baidu.com (BIDU) fell 19c to $108.97.

  •  
    Recent Quotes
    Symbol Price Change % ChgChart 
    Your most recently viewed tickers will automatically show up here if you type a ticker in the "Enter symbol/company" at the bottom of this module.
    You need to enable your browser cookies to view your most recent quotes.
  • Recent Quotes News

    •  
      Sign-in to view quotes in your portfolios.

    Trading Center

    Yahoo! Finance on Facebook

    POLL

    Should Chinese companies be rebuilding America's infrastructure?

    Loading...
    Poll Choice Options