Baidu revenue falls short of estimates

 
Baidu’s company logo is seen at its headquarters in Beijing December 17, 2014. [Photo/Agencies] Baidu Inc, owner of China’s dominant search engine, reported a lower-than-expected 47.5 percent rise in quarterly revenue as more users switched from PCs to mobile devices, which have less space for more lucrative forms of advertising. Shares of the US-listed company fell…