Seeking to reduce the presence of rival Google's (GOOG) software on its iPhones, Apple (AAPL) is using voice search and its own maps, and it's cozying up to Google's Chinese rival Baidu (BIDU). Apple said it's reached a deal to share ad revenue in China with Baidu, Bloomberg reported. Baidu's search engine was added as an option to Apple iPhones and iPads earlier this week as part of a software upgrade in China. Apple shares fell 0.1%. Google fell 0.4%. Baidu rose 0.8%.
Apple cuts ad deal with Baidu
Investor's Business Daily – Fri, Jun 15, 2012 6:29 AM SGT@YahooSGfinance on Twitter
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Market Data
- Currencies
- Commodities
Commodities Name Price Change % Chg 1,385.50 -6.30 -0.45% 
22.32 -0.19 -0.84%
100.58 -1.27 -1.24%
3.29 -0.02 -0.47%
93.87 -0.38 -0.40%
- Bonds
Bonds Treasury Yield (%) Yield Change 0.89 -0.01
2.01 -0.01
3.17 -0.02
MARKET MOVERS
- Most Actives
Most Actives Name Price Change % Chg 1.925 -0.26 -11.70%
0.11 -0.00 -1.79%
0.196 -0.00 -0.51%
0.115 -0.00 -4.17%
0.135 0.01 +3.85%
- % Gainers
% Gainers Name Price Change % Chg 0.152 0.02 +13.43%
0.525 0.05 +10.53%
0.23 0.02 +9.52%
0.186 0.01 +7.51%
0.16 0.01 +6.67%
- % Losers
% Losers Name Price Change % Chg 0.102 -0.03 -24.44%
0.104 -0.02 -14.05%
0.149 -0.02 -11.83%
0.09 -0.01 -11.76%
1.925 -0.26 -11.70%
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