Baidu Battles Google in Brazil, While IBM Inks Services Deal and Finalizes Acquisition

Google (NASDAQ:GOOG): Google’s YouTube has launched three new sports channels, YouTube said. The channels include: Bleacher Report, a sports highlight channel; KickTV, a soccer channel; and The NOC, devoted to athletes’ lifestyle and comedy. Meanwhile, Google’s (NASDAQ:GOOG) Android may become closed after Google’s purchase of Motorola Mobility closes, HP (NYSE:HPQ) CEO Meg Whitman said, PC World reported yesterday. As a results, HP’s WebOS could become important in the long run, but this process could take up to four years to be completed, the web site quoted Whitman as saying.

Baidu (NASDAQ:BIDU) is opening a branch in Sao Paulo, Brazil and a manager for the Chinese company’s operations in Latin America specifically said the move was part of its larger aim to compete with Google (NASDAQ:GOOG), reported China Daily, citing a Chinese Ministry of Commerce posting and Brazilian media.

International Business Machines (NYSE:IBM): IBM and CMA CGM sign new five-year services agreement. Under the terms of the five-year agreement, IBM will provide industry-specific expertise in new technologies such as cloud computing and analytics, and support CMA CGM’s growth by delivering superior quality information technology services that will help CMA CGM significantly reduce costs. Also, IBM announced that it has completed its acquisition of DemandTec. The acquisition further extends IBM’s Smarter Commerce initiative by adding cloud-based software to help companies drive profitability through measurable pricing, promotion, and assortment planning. With the closing of the acquisition, approximately 350 DemandTec employees will join IBM’s Software Group, which is a key driver of growth and profitability for the company.

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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com