While this article is about the value of the word 'Google', it is interesting to look at the monetary value as well. Comparing Google and Baidu, it seems that after an initial ~2% dip, Google has returned to its pre-announcement value, while the value of Baidu has risen almost 20%. While one would expect the change in Baidu to be comparatively higher due to the relative difference in market caps (187B vs 16B), it still seems that on the stock market, this is currently being viewed as a net win for everyone. Interesting.
http://www.google.com/finance?chdnp=1&chdd=1&chds=1&...