Baidu/Tron Partnership Exposed As A Purchase Of Cloud Computing, Leading Investors To Believe They Were Misled By Justin Sun And Tron
On October 12th, Tron founder Justin Sun teased his community with a new venture, saying, “Finally, first time to partner with tens of billions USD valuation industry giant. Guess the name.” It didn’t take long to get the industry talking, and they ultimately decided amongst themselves that China’s version of Google, Baidu, had to be it.
Later that day, a news website posted the following headline: “Exclusive: Tron to Cooperate with China’s IT Giant Baidu. The Tron team told CoinNess that a partnership had been confirmed between Tron and China’s IT giant Baidu, which will be officially revealed by Baidu Cloud next week.”
Right now, the Chinese media is reporting a much different story, saying that the alleged partnership is just about a purchase involving the platform’s cloud computing. On Twitter, cnLedger posted about this agreement over a series of posts, reporting the information available from ODaily. They said: