Microsoft loses top executive to Baidu

Status
Not open for further replies.

Exterminator

Level 85
Thread author
Verified
Top Poster
Well-known
Oct 23, 2012
12,527
48,602
8,380
USA
baidu_inc_139299016_26927829.jpg


It seems like Microsoft will continue facing hard times in China, as the company lost a top executive to Chinese search giant Baidu.

Effective Wednesday, Microsoft's ex-vice president and ex-chairman of the company's Asia-Pacific research and development group, Zhang Yaqin, will be Baidu's president for new business.

Zhang Yaqin was a valuable asset in the R&D scene in China and being a part of Microsoft's executive committee, he was also an advisor on Microsoft's China strategies.

The news came as Microsoft is being investigated by the State of Administration for Industry and Commerce in China for violating antimonopoly laws for the way Office and Windows were bundled. Microsoft claims they did nothing illegal and is cooperating with the authorities to resolve the matter.

On a side note, the new signing came didn't come as a surprise, as Baidu is snapping up many high-profile talents to compete with other giants like Alibaba Group Holding Ltd. and Tencent Holdings Ltd.

Source: WSJ (behind paywall) | image via South China Morning Post
 
Status
Not open for further replies.