BOCA RATON, FL (TheStreet) -- The battle between Google (GOOG) and the Chinese government appears to be over. Google broke down its small campground and retreated to Hong Kong.
Does anyone honestly believe that Google will not be in China someday in some way? We're talking about the Death Star here folks. We thought it blew up, but it really didn't. The Emperor was just biding his time. The decision by Google to not conform to Chinese censorship laws is based on principle, something rarely seen in the business world these days. At least that's what they're telling us. But we know one of their guiding precepts is "Don't be evil" and in part states: "...it's about providing our users unbiased access to information, focusing on their needs and giving them the best products and services that we can. But it's also about doing the right thing more generally -- following the law, acting honorably and treating each other with respect." Good stuff. The Chinese government's fetish with controlling its people clearly runs counter to this concept, but you can only keep people in the dark for so long, especially with emerging technologies bringing down borders. The Green Revolution in Iran caught fire as a result of the "elections" and resulting brutal crackdown by the government (which apparently didn't violate our administrations Code of Conduct since we sat that one out). Technology, such as Twitter, brought unfiltered information from the front lines. Google is taking a short-term hit to its stock, while the obvious beneficiary Baidu (BIDU) has rallied. But let's break this down a little more than the action this week. Anyone who wants to do business in China has to conform to their censorship rules, so it's not like Yahoo! search, or Microsoft's Bing will be grabbing market share there, unless they want to look like puppets of the state. Not the best marketing strategy. Loading Comments... 1 2 Last » Next ›SHARE:
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