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MarketFoolery

MarketFoolery: 07.06.2011

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 6 July 2011

⏱️ 12 minutes

🧾️ Download transcript

Summary

Microsoft makes a deal with Baidu. Amazon parts company with its California associates. And Hulu courts potential suitors.

Transcript

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0:00.0

It's Wednesday, July 6th, and this is Market Foolery.

0:05.0

I'm Chris Hill and joining me in studio today for Motley Fool Hidden Gems, Charlie Travers,

0:08.9

and for Motley Fool's stock advisor, Jason Moser.

0:11.1

Guys, good to see you.

0:12.1

Good to see you, too, Chris. We've got a couple of online retailers cutting

0:15.8

ties with California and we've got a potential bidding war for Hulu. Those stories in a moment, but we will

0:21.8

begin in the world of search.

0:23.6

Microsoft has struck a deal with Baidu, the leading Chinese search engine

0:28.0

and by the end of the year, Microsoft search engine, Bing, will be delivering

0:32.0

English search results on Baidu.

0:35.0

Charlie, how much does this help Microsoft?

0:38.0

In the near term, I can't imagine it's going to be anything more than a drop in the bucket.

0:42.5

Microsoft is a company that made $21 billion last year and I would imagine this deal with

0:47.8

Baidu where the financial terms were not disclosed wouldn't be more than a

0:51.0

decimal point. That said, this is very interesting, you know, we kind

0:54.6

to, and I don't say just we here, but everybody who's an analyst across the country kind of beats up on

0:59.6

Bing as being, you know, the distant second to Google in the states and here they are being the

1:04.7

partner of choice with the largest search engine in China which kind of says

1:08.6

there's a little bit more to this being story than people given the company

1:11.5

credit for. Well yeah and I mean if mean, if you're by due, you're not necessarily looking to partner with

1:16.1

Google, are you?

1:17.1

I wouldn't think so.

...

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