Saturday, July 22nd, 2017

Is Yuri Gagarin Google Doodle Nod To Space Race Or Possibly Cyberspace Race?

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The Google Doodle honoring the first manned space flight by Yuri Gagarin brings back memories of the Space Race between the US and the Soviet Union during the Cold War of the last century, but also could be seen as a mirror to the new Search Race that national search engines from the United States, Russia and China are now competing in.

Russia and China are two of the few countries that do not have Google as their dominant search engine. Now as Baidu – from China – and Yandex – from Russia – move to compete outside their own countries, the Search Race has taken over as an international competition for Cyberspace.

Does Google’s battle with China suggest another Cold War set in the online space? When will President Obama be calling for China to “tear down the wall” – in this case the firewall China uses to block the delivery of free accessed information.

Yandex has been increasing its global presence and its reach has been expanding over the past few years. The company is also looking to go public soon through NASDAQ.

Meanwhile Baidu went public in 2005 and its stock price has outperformed Google. Baidu (BIDU) started at $27 compared to Google’s (GOOG) $100 and factoring in Baidu’s 10-1 split last year when it was valued at over $700 and today is trading at $140. So a share bought at both IPO prices would turn $27 to $1400 for Baidu to Google’s $100 to $571.

As this financial and traffic volume competition continues Google must want better access to China and its massive potential users and income source. Google is the number one visited site in the world, Baidu is sixth, while Yandex is 23rd. These companies see cyberspace as their “new frontier” and there is definitely a race going on.

Related posts:

  1. Yuri Gagarin Gets Google Doodle On 50th Anniversary Of Man In Space
  2. Yuri Gagarin First Orbit Full Length Film Featured on YouTube
  3. Baidu Enters Mobile Search Agreement with China Unicom
  4. Baidu Fires Back At Google Claims Of Advantage In China
  5. Ask Joins Jeeves In Retirement, Leaves Search Space

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