Tuesday, January 29, 2013

Qihoo Gets Double Dose Of Bad News As Apple Cuts Its iOS Apps And It Receives Unfair Competition Warning

qihoo360Qihoo 360 shares slipped after it disclosed today that its iOS apps had been removed from the iTunes stores without warning, reports Bloomberg. The Chinese security software maker also received an unfair competition warning from the Chinese government, according to the Beijing Industrial and Commercial Administration Bureau's microblog. But Qihoo didn't let its no good, very bad day keep it from taking a jab at its main rival Baidu, (AKA the Google of China).

Source: http://feedproxy.google.com/~r/Techcrunch/~3/ThaVWMPhRHc/

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