Tag: Qihoo 360

  • Rumor: Qihoo 360 to invest $661 million for a 31.5% share of HTC

    Rumor: Qihoo 360 to invest $661 million for a 31.5% share of HTC

    Citing sources at international securities investment houses, it.sohu.com is reporting that Qihoo 360 may be planning to invest $661 million into HTC by purchasing a 31.5% share of the company. Qihoo 360 is an internet services company which specializes in freemium desktop and mobile security apps. While Qihoo 360 posted $1.39 billion in revenue and…