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| Shanda Takes Sina Editor For New Literature Unit |
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Jul 04 2008 [STRATEGY] - Shanda Interactive Entertainment Ltd. (Nasdaq: SNDA) announced the establishment of Shanda Literature Limited, its third business unit, after market close on Thursday. Shanda Literature currently operates Qidian.com, boasting over 20 million registered accounts and daily traffic of 220 million page views, Hongxiu.com, with 1.8 million registered users, and female-targeted Jjwxc.com, with 700,000 registered accounts...
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Kingsoft Shuts Down Game Over Copyright Lawsuit
LAW & INFRINGEMENTS
Software and online game company Kingsoft Corporation Ltd. (3888.HK) announced this week that it will discontinue operation of its 2D Q-style advanced casual game "Stone Age 2" on August 2 due to copyright...
Jul 04 2008
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Tencent And China Mobile Holding 3G Service Quiz
ALLIANCES
Tencent (700.HK) has partnered with China Mobile (NYSE: CHL, 941.HK) to hold an online questionnaire about 3G service between July 4 and July 25, reports qq.com. Three hundred people who take the quiz...
Jul 04 2008
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Youku CEO On The Costs Of Online Video
STATISTICS
Top domestic video sites spend an average of over RMB 17 million on bandwidth each month, reports Guangzhou Daily quoting Beijing-based user-generated video site Youku.com CEO Victor Koo. Koo said online...
Jul 04 2008
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Sina, Sohu, Video Sites Sued For Copyright Infringement
REGULATION
Beijing-based online video portal LeTV.com sued Sohu (Nasdaq: SOHU), Sina (Nasdaq: SINA), and online video competitors 6Rooms.com (6.cn), Youku.com and Ku6.com for copyrights infringement in the Beijing...
Jul 04 2008
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A-Shares Still Flat, Individual Traders Remain Confident
STATISTICS
The Shanghai Composite Index fell 1.24% to close at 2,669.892, while the Shenzhen Composite Index rose 0.03% to close at 807.19 on Friday. Trading volume on the Shanghai and Shenzhen Stock Exchanges reached...
Jul 04 2008
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