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...Internet giant's extraordinary insistence that it would no longer censor the search results on Google.cn - the second leading search engine in the country with the most Internet users in the world - appears to be leading to the demise of its Chinese-language search business. Beijing was never going to negotiate with Google on the issue of censorship - particularly not after the U.S. government hitched its wagon to Google's cause, in the form of Secretary of State Hillary Clinton's Jan. 21 speech on Internet freedom. In fact, only in the past few days has anyone from the Chinese...

Author: /time Magazine | Title: Who Will Profit When Google Exits from China? | 3/18/2010 | See Source »

Google's stunning pronouncement in January that it would no longer censor Google.cn may have given a thrill to human-rights activists the world over, but a lot of investors were - and remain - furious. Since posting the announcement on its website on Jan. 12, Google's stock price has declined from $595 to about $567, while Baidu, the leading search engine in China, has seen its stock price rise by 50%. (See pictures of life in the Googleplex...

Author: /time Magazine | Title: Who Will Profit When Google Exits from China? | 3/18/2010 | See Source »

...want to be identified publicly) no doubt speaks for many when he says, "There are still a lot of us who can't believe they are going to be out of the Chinese search market; that they've effectively made this choice." But out is what the world's dominant search company will apparently be. "I guess," says the investor, "we just get to lump...

Author: /time Magazine | Title: Who Will Profit When Google Exits from China? | 3/18/2010 | See Source »

...Representatives of the fishing industry around the world welcomed the news, but for environmentalists, the decision was a blow. "We're totally in shock," says Gemma Parkes, spokeswoman for the World Wildlife Federation. "And obviously very disappointed. This is a real setback for the survival of the bluefin." (See pictures of the tuna trade in Asia...

Author: /time Magazine | Title: Why a Proposed Ban on Bluefin Tuna Fishing Failed | 3/18/2010 | See Source »

...Thanks to the world's insatiable taste for sushi, breeding stocks of bluefin tuna have declined 80% over the past 50 years, with the steepest drop occurring in the last decade. And with tuna caught in the Mediterranean (where Atlantic bluefin go to spawn) wholesaling for $50 per kilo (one 500-plus-lb. monster recently fetched $175,000) in Tokyo, the fishing industry has shown its own ravenous appetite for the fish...

Author: /time Magazine | Title: Why a Proposed Ban on Bluefin Tuna Fishing Failed | 3/18/2010 | See Source »

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