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China Net Investor

Baidu's Chief Technology Officer Resigns

From Reuters:

"Technology veteran Jerry Liu, who helped develop China's Internet search firm Baidu.com Inc. into a Nasdaq hot stock from a start-up, may be considering launching his own business.

Liu's resignation from the company dubbed "China's Google", effective Dec. 19, was "not a huge surprise", said Lesley Zhang, senior manager of Baidu's investor relations department."

" Baidu said in a statement late on Tuesday that Liu, who was Baidu's first employee and had been the company's vice president of engineering since January 2000 before becoming CTO at the beginning of 2006, resigned for "personal reasons"."
Published Wednesday, October 25, 2006 9:41 AM by Johannes
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China Net Investor
The "China Net Investor" provides a news digest about Chinese internet and technology companies. The focus lies on Chinese internet, telecom and networking companies but also covers macroeconomic and political news of relevance to them.

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