CCTV exposed by the impact of long-standing PPC Baidu, Baidu (Nasdaq: BIDU) stock price Monday on the Nasdaq tumbled 44.8 U.S. dollars, fell to 134.09 U.S. dollars, a drop of up to 25.04%. As of 15:07 EST on Monday (4:07 GMT Tuesday), Baidu Nasdaq fell 46.90 U.S. dollars to 131.99 U.S. dollars, down 26.22 percent; earlier fell to 130.51 U.S. dollars, since since May 2007 minimum.
CCTV's "News 30 minutes" program broadcast twice on the 15th started a long-standing Baidu PPC News, pointed out that because of false information spread through the network, Baidu PPC has been questioned, and exposed with internal staff to help fake the inside. CCTV bid Baidu ranked second investigation reported in the gray screen, on the PPC search engine model into question.
Baidu has just the problem of false medical information to apologize, saying that some Web services use PPC to promote their website on false medical information, is the company's sales operation system mismanagement, this apology to users and customers. Baidu also pointed out that CCTV has been the exposure of the bid ranking problems processing the information offline.
Over the past 52 weeks, the highest price of 418.22 U.S. dollars Baidu, the lowest price of 162.00 U.S. dollars.
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