Google Acquires Stake in Chinese Web Site

Looks like Google has competition. Whenever a company starts buying a stake in a competitor, they're obviously getting worried. Here's the worlds largest high tech search conglomerate, buying into what could be the one threat to their dominance. What's bad for them, might just turn out to be good for us. Competition usually results in better products from both. Look what happened when Microsoft finally had some competition from Linux and the Mac on the OS side of their business. Or when Mozilla threatened their browser with Firefox.

So hopefully this is good news for us all, as long as Google doesn't buy them out completely.